Tag: Banking & Finance

Real Banana Republics Offer Tax Haven

British protectorates such as the Cayman Islands, Bermuda, Anguilla, British Virgin Islands and Turks and Caicos have long been favored tax havens for American businesses.

More Arvest Mergers Roll in with Approvals

Four Oklahoma banks are the latest Arvest Bank Group Inc. properties to get the formal nod to continue their merger with Arvest Bank-Fayetteville.

Local Institutions Bank on Kids

Three area banks have taken the lead in a friendly competition to raise money for the Children?s Safety Center in Springdale.

Watch That Gap Management

Local bankers aren?t nearly as concerned about playing interest rate limbo as the possibility of rates rising again.

First Federal Bancshares Quarterly Dividend Up One Cent

On Feb. 26, Harrison?s First Federal Bancshares of Arkansas Inc. announced that it would increase its regular quarterly dividend 9.1 percent from 11 cents to 12 cents per share.

Asset Management Site Earns Four Mice

Arvest Asset Management Inc. has established a good online presence with its Web site.

Several local public accountants, including John Ervin of Fayetteville, say they?ve been swamped with calls from companies that will amend their 2001 tax returns following President Bush?s $38.7 billion worth of new tax incentives.

Old Charter Directs FDIC Coverage

We were wondering how Arvest Bank Group Inc.?s ongoing consolidation into one charter would affect its Federal Deposit Insurance Corp. guarantees.

Customer Growth Drives Prairie Grove Expansion

John Lewis, chairman of the Bank of Fayetteville N.A., said his bank?s strategy for its Jan. 30 expansion into Prairie Grove is so simple it?s new age.

First Federal Invades Northwest Arkansas

First Federal Bank will be setting up a new Northwest Arkansas regional headquarters in the former Dave Fulton Century 21 building at 3460 College Ave., Suites A, B, C and D, in Fayetteville.

Arvest Banks Raked Profits in 2001?s 3Q

Four of the five Northwest Arkansas banks that showed the best profits in 2001?s third quarter were properties of Arvest Bank Group Inc. in Bentonville.

More Arvest Branches Merge

Formal approval for the latest cluster of Arvest Bank Group Inc. institutions to merge into Arvest Bank of Fayetteville was given Jan. 3 by the Federal Reserve Bank of St. Louis

Springdale Bank Aggressively Slices off a Bigger Piece of Pie

Managing relationships has enabled First National Bank of Springdale to manage more money.

United, They Conquer

United Bank in Springdale flexed a little muscle with its recent $1.85 million acquisition of the Simmons First Bank of Northwest Arkansas branch at 670 E. Joyce Boulevard in Fayetteville.

Mortgage Mania Grips Area

With interest rates so low, banks across the region are posting record numbers. But a recent peek at Arvest Mortgage Co.?s 2001 numbers shows what a whopper of a year both it and Northwest Arkansas had.