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Jay Wisener to Lead First National Bankers Bankshares in Arkansas

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First National Bankers Bankshares Inc. of Baton Rouge, Louisiana, names Jay Wisener president of its Arkansas region.

Bank of the Ozarks Named Top-Performer In Nation For Its Size

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Bank of the Ozarks Inc. of Little Rock is named the top-performing bank in the nation for its asset size category, $5 billion to $50 billion, by Bank Director magazine.

Ashburry Apartments Visited by $18.6M Sale (Real Deals)

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An affiliate of Olympus Property in Fort Worth, Texas, purchased The Ashburry at Chenal at 16401 Chenal Valley Drive.

Total Student Loan Debt Reached $1.3 Trillion in 2016

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Student loan debt hit $1.3 trillion by the end of 2016, an increase of 170 percent over debt totals in 2006, the Federal Reserve Bank of New York reported earlier this year.

Ecclesia College Woes Multiply Under Federal Investigation

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Ecclesia, the private Christian college in Springdale, is facing yet another federal investigation, this one by the U.S. Department of Education.

Arvest Takes Aim at Brisiel with Fayetteville Foreclosures

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Arvest Bank of Fayetteville has initiated foreclosure on several properties owned by Tim Brisiel of Legacy Ventures.

Citizens Bank Won't Fill Marketing Position After Don Hale Departure

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Don Hale's back in the workaday world, having left his marketing post as a senior vice president of Citizens Bank of Batesville a couple of months ago.

Barr, Archer Named Department Chairs at UAMS (Movers & Shakers)

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Dr. Frederick “Rick” E. Barr has been hired as chair of the Department of Pediatrics and associate dean for child health at the University of Arkansas for Medical Sciences, as well as pediatrician-in-chief for Arkansas Children’s Hospital, and Dr. Robert L. “Lee” Archer has been named chair of the Department of Neurology.

Citizens Bank To Break Ground on New Headquarters

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Citizens Bank on Wednesday announced that a groundbreaking ceremony for its new headquarters at 655 St. Louis St. in Batesville has been scheduled for 5:30 p.m. Tuesday.

Bank Street Partners Names Centennial Bank Best in State

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Bank Street Partners has named Centennial Bank the top overall bank in Arkansas, parent company Home BancShares Inc. of Conway announced Wednesday.

U.S. Household Debt Passes 2008 Peak

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Household debt in the United States reached $12.73 trillion in the first quarter of 2017, finally surpassing its $12.68 trillion peak reached in the third quarter of 2008, the height of the financial crisis.

Bowman Curve Draws $7.1M Transaction (Real Deals)

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Bowman Curve I & II LLC, an affiliate of Cooper Realty Investments Inc. of Rogers, sold its 60,779-SF retail center in west Little Rock.

Court Approves Heartland's Sale of Community State Bank

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A bankruptcy judge signed off on the sale of Community State Bank of Bradley, the prime asset of its parent company, Allcorp Inc.

First Security Bank Plans Mixed-Use Branch in Bentonville

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The $5.4 billion-asset lender is developing a three-story mixed-use facility a half-block from the historic town square.

Heartland, One Bank Rack Up More Losses

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The second-quarter results continued in the red at two Little Rock banks doing business under regulatory agreements.

Whose Freedom Wins? (Paul Dodds Commentary)

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Americans typically have no effective individual power to refuse when companies hand us “take it or leave it” one-sided agreements of adhesion. Without regulatory limits and access to courts, we are constantly subject to corporate tyranny of contract.

AI Advisers See New World in Wealth Management

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Artificial intelligence — AI — software that employs “machine learning” has made huge strides in the past few years, primarily because of improvements in computer processing power and data storage.

Adviser's Cash Withdrawals Lead Feds to Sportsbook in Rogers

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A federal investigation into suspicious cash withdrawals from a financial adviser’s personal bank accounts led agents to uncover a large-scale illegal gambling operation in Benton County.

Crawford Succeeds Brock at Citizens’ Trust Department

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G. Gene Crawford II, who had been CEO of First National Bank of Crossett, has returned to his hometown to succeed Robin Brock as head of trust services at Citizens Bank of Batesville.

Westrock, Circumference Join Money Managers List

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Stephens Inc. remains the largest broker dealer operating in the state, and its two registered investment advisers have combined assets under management approaching $12 billion to dominate the money managers list.
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