Tag: Banking & Finance

Don?t Get ?Frosted?

What does it look like when the company bean counter is eating the beans? Protect your company from embezzlement.

Wealthiest Arkansans: Stephenses Hang on Behind Waltons Despite Tough Year

The Stephens family of Little Rock has lost almost a third of its stock holding wealth since mid-2000, but it manages to hang on in Arkansas Business? 2001 listing of Arkansans? stock holdings.

Financial Services Firm Offers Blount Advice

Jim Blount, formerly of MetLife Financial Services Inc.?s branch in Springdale, opened an independent financial and investment counseling company on Nov. 16 in Springdale.

Berryville Bank Converting Shell

First National Bank of Berryville, a 112-year-old institution held by First Carroll Bankshares Inc., is converting from a ?C? corporation to an ?S? corp.

First Federal Bancshares Cash Stacks Up

Harrison?s First Federal Bancshares of Arkansas Inc. on Nov. 14 said its cash and cash equivalents for the third quarter ended Sept. 30 were up 326.1 percent to $37.7 million.

Lectures Provide Financing Info

Experts help entrepreneurs get going with loans for small businesses.

Sunbelt Whipping Rivals

Sunbelt Business Advisors of the Ozarks Inc. has apparently been ?taking names? lately in the business brokerage sector.

Buyers Blowing Gaskets Over Dealer?s Legal Mess

Bank of Dardanell settles suit for $563,761.

Bean Counters Come Northwest Arkansas to Stay

Local acountants move into Northwest Arkansas as spouse of big-business employee.

SBA Offers Disaster Loans to Blunt Sept. 11 Impact

On Oct. 22, the U.S. Small Business Administration expanded its Economic Injury Disaster Loan program to include businesses across the country that were directly impacted by the terrorist attacks of Sept. 11.

Profits Improve for Most Area Banks

Arvest Bank in Rogers and Arvest Bank of Bentonville made the most money of locally based banks during the second quarter.

Superior Financial Reports 15 Percent Net Increase

Superior Financial Corp., holding company for Fort Smith’s Superior Federal Bank, on Oct. 19 said its earnings for the quarter ended Sept. 30 would include a 15.1 percent increase in net income compared with 2000’s third quarter.

Leaving a Legacy

McIlroy family helped stabilize Fayetteville.

Arvest Settles with Fine

Arvest McIlroy Bank & Trust in Fayetteville has agreed to pay the National Flood Insurance Program a $10,500 penalty to settle a dispute with the Federal Reserve System.

So Long Usury; Who Needs ya?

Arkansas? financial institutions are in a better position to compete following the appeals court ruling that finally rids us of the archaic bank usury law.

Bank Stages ‘Survivor’ Workshop for Small Firms

First Security Bank of Northwest Arkansas is sponsoring an event Nov. 6-7 that could be a godsend for area small businesses.

Walton Re-structures Management

After years of having 21 different bank presidents and division heads reporting directly to him, Jim Walton is implementing a new regional management structure that will cut that number to eight.

Weems Claims Chapter 7

Marlon Weems, who formerly operated Weems & Co., an investment banking firm in the TCBY Tower in Little Rock, filed a Chapter 7 bankruptcy petition on Sept. 10 in New Jersey, where he is living.

Racism, Fraud Allegations Fuel Lawsuits Over Bank

Sinclair blames feds for Gravette bank?s closing.

The NW Arkansas Executive Compensation List

H. Lee Scott of Wal-Mart Stores Inc. tops the list of exectives.

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