Banking & Finance - ArkansasBusiness.com

In the 32 years since they moved to Hot Springs, Pat and Ellen McCabe have seen the transformation of downtown Hot Springs. Now, with the couple’s repurposing of the Hale Bathhouse into a boutique hotel, they’ll be directly participating in that transformation.

Magnolia has bloomed in the last couple of years, but local leaders say the south Arkansas city — despite its lack of interstate access — is on the cusp of even greater growth.

Simmons Bank of Pine Bluff announced late Monday that it was the successful bidder for the capital stock of Heartland Bank of Little Rock, which was auctioned Monday morning "to satisfy certain indebtedness" of Heartland's parent company.

In northwest Arkansas, the supply of homes for sale is shrinking and the number of homes sold was flat, according to Arvest Bank's Skyline Report.

The Arkansas Realtors Association said Wednesday that both home sales and the average price of homes sold increased in July.

Simmons Bank completes the sale of its property and casualty insurance business to Sunstar Insurance Group LLC of Memphis.

The Venture Center of Little Rock announced Friday that Bond.ai, a graduate of the center’s 2017 VC FinTech Accelerator, will relocate its headquarters to Little Rock from New York City.

An affiliate of DavisRE in Dallas bought the 165-unit high-rise apartment project in midtown Little Rock.

The Arkansas Economic Development Commission’s online directory of minority-owned firms now lists some 275 certified companies, and Pat Brown’s team is busy certifying women-owned businesses.

Arkansas Business presents two lists of 135 minority-owned companies and 98 woman-owned companies who responded to our first-ever survey of companies in those categories.

Simmons First National Corp. of Pine Bluff announced Tuesday that it has completed the merger of First South Bank of Jackson, Tennessee, with its subsidiary, Simmons Bank.

Andrew "A.B." Meadors, a former owner of the Meadors Adams & Lee insurance agency in Little Rock, has been chosen to head the Arkansas operations of Sunstar Insurance Group of Memphis.

A 6,705-SF pizzeria in North Little Rock tipped the scales at $3.23 million.

First Arkansas Bank & Trust of Jacksonville struck a $1.5 million deal to buy a Conway branch from Simmons Bank of Pine Bluff.

The proposed $391 million cash purchase of Little Rock’s Bear State Financial Inc. represents a historic acquisition for Arvest Bank of Fayetteville.

Another lawsuit against Little Rock businessman Walter Quinn surfaced in Pulaski County Circuit Court.

OECC’s PAYS program — for Pay As You Save — has erased the doubts of landlords and homeowners alike, retrofitting close to 300 homes at a cost of $1.5 million since April 2016.

Cameron Stone has joined Stone Bank of Mountain View as a lending officer in the White Hall branch, and Ben Hargrave has been named a credit analyst in the Little Rock office.

Regions Insurance, an affiliate of Regions Bank, announces that it has hired David Linhardt as state executive for Arkansas and Texas.

First Community Bank of Batesville receives regulatory approval to become a full-service banking center in Little Rock.

From Bathhouse to Hotel, Hot Springs' Hale to Be Reborn

Blooming Magnolia Looking to Boom

Simmons Bank Becomes Sole Shareholder of Heartland Bank

Report: Home Supply Shrinking in Northwest Arkansas

Arkansas Home Sales, Prices Increased in July

Simmons Bank Sells P&C Business to Sunstar Insurance Group

FinTech Grad Bond.ai Moving to Little Rock

Summit House Receives $10.7M Owner Change (Real Deals)

AEDC's Program for Minority Firms Extends Its Mission

Arkansas Business Presents New Lists of Minority-, Woman-Owned Companies

Simmons Announces Completion of First South Bank Merger

Andrew Meadors to Head Sunstar Insurance in Arkansas

Hideaway Serves Up $3.2M Transaction (Real Deals)

First Arkansas Bank & Trust Branches Out Into Conway

For Arvest, Bear State The Biggest Buy Ever

Today’s Bank Lands On a Different Plane in Walter Quinn Lawsuit

No Catch: Lower Electric Bills Pay for High-Efficiency Retrofits

Stone Bank Adds Two to State's Staff (Movers & Shakers)

Regions Insurance Names David Linhardt State Executive for Arkansas, Texas

First Community Bank Begins Full-Service Banking in Little Rock