Tag: Banking & Finance

First Federal Bancshares Assets Growing

First Federal Bancshares of Arkansas Inc. reported on May 15 that its assets grew to $691.1 million during the first quarter ended March 31.

Most ATRS Real Estate Returning Less Than 8%

Fewer than half of the real estate holdings of Arkansas Teacher Retirement System are meeting or exceeding the pension fund?s annual return on investment goal of 8 percent.

Banker is Pals with Donald Powell

Rob Brothers, CEO of Arvest Bank-Rogers, is practically on a first-name basis with President Bush appointee Donald Powell, the new chairman of the Federal Deposit Insurance Corp.

Freedom Financial Goes Bust

Southern Mortgage takes over operation of Freedom Financial arm in Fort Smith.

BOK Financial to Issue 3 Percent Dividend

Tulsa?s BOK Financial Corp., which owns Bank of Arkansas N.A., will issue a 3 percent stock dividend on May 29 to shareholders of record by May 13.

ANB Catches Webb

The holding company for Arkansas National Bank N.A., ANB bought out Webb & Bentonville Insurance Agencies in late April for what industry insiders suspect was a high six-figure deal.

Arkansas GIFT Plans Earns Four of Five Stars

In its June issue, Mutual Funds magazine rated the 57 ?Section 529? college savings plans throughout the nation.

Arvest-Fayetteville Tops its Record ROE

Arvest Bank in Fayetteville, formerly McIlroy Bank & Trust, enjoyed its best return on equity (22.23 percent) in the bank?s rich 131-year history.

State Charters Dwindle, but Fee Hike, Arvest Keep Bank Department Afloat

State Bank Department continues to lose charters, but Arvest merger and an increase in the assessment fee are making up for the lost revenue.

Bank of America Builds Comeback with Service

Bank?s high-end, high-touch investment products appeal to two-county corporate community.

Bank Home Page Offers Hometown Feel

The Bank of Fayetteville earned 3.5 mice for its recent Web page review.

Bank of Rogers Fills Community Niche

Dick McLelland got tired of large banks buying the community banks he headed in Northwest Arkansas. After the second time it happened, he decided to start his own.

First Security Bank Hops After Clients

Since opening its first office in Northwest Arkansas three years ago, Searcy-based First Security Bank has established six locations in the area and scraped out a creditable share of the business.

Lenders Credit, Arkansas Capital Corp. Lock Horns

A Fort Smith man came to Arkansas Capital Corporation Group in Little Rock in February to apply for $100,000 in funding for a new business idea. Beyond that, the two parties agree on virtually nothing.

Banking Brothers Duel

Close-knit family backs competing Lynch bankers.

Superior Financial Issues Amended Reports

Superior Financial Corp. of Little Rock released on April 1 delayed year-end earnings figures that include restatements going back to the fourth quarter of 2000.

Arvest Tugs Customers? Heart Strings

A girls softball game and a father and son fixing a leaky sink are only two of the scenes depicted in Arvest Bank Group Inc.?s latest multimedia advertising campaign.

First Federal Bancshares Authorizes Stock Repurchase

Harrison?s First Federal Bancshares of Arkansas Inc. announced on April 2 that it completed a buyback and authorized the repurchase of up to 150,638 shares, about 5 percent of its common stock.

Van Buren Firm to Build River Dock Project

Five Rivers Distribution of Van Buren will be building a $3.1 million terminal on the Arkansas River that will be the first of its kind in the state.

Some Arvest Money Visits Tropical Isle Nightly

Arvest Bank-Rogers opened its ?paper? Cayman Islands branch in 2001. But it was not until the week of March 16 that details about Arvest?s agent agreement with Canadian Imperial Bank Corp. of Toronto came to light.

Colliers | Arkansas to manage Regions Center; firm closes 2 major deals for $10.7M

Architect Reese Rowland honored with AIA Arkansas E. Fay Jones gold medal

Westerman’s SPEED Act accelerates to the Senate

Fort Smith Metro News Briefs: ACME input now online, UAFS students receive SURF grants