The Forrest City bank, owned by Mark and Nathan Waldrip, plans to expand into central Arkansas, where May will continue to be based.
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Chad May Named CEO of Armor Bank Ahead of Central Arkansas Expansion
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Update: BB&T to Acquire Regions Insurance
BB&T Corp., a financial services holding company based in North Carolina, announced Friday that its insurance brokerage subsidiary, BB&T Insurance Holdings Inc., would acquire Regions Insurance, which has a large presence in Arkansas.
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Alcoa Credit Union Adds Cheryl Lucier-Tullos (Movers & Shakers)
Cheryl Lucier-Tullos has been hired as vice president of finance and accounting for the Alcoa Community Federal Credit Union in Benton.
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Arkansas Sees Increase in Personal Income
Personal income in Arkansas rose 3.2 percent in 2017, the U.S. Bureau of Economic Analysis reported late last month. That increase beat the average for all the states of 3.1 percent.
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Bank of Cave City, First Security Branching Out
Bank of Cave City is entering the Independence County market for the first time while First Security Bank is planning to build a new branch in Sherwood.
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Arvest, Bear State Transaction Progresses
The biggest bank buy to date for Fayetteville’s Arvest Bank is headed for completion around April 20 at last report. But some loose ends are still in play.
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Simmons Bank Staff Takes Over Acxiom’s Former HQ
A year after investing $25 million for a piece of downtown Little Rock, Simmons Bank continues to sort through details to make the former Acxiom headquarters its own.
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Stephens, Economics Arkansas Launch Free Enterprise Education Progarm
Stephens Inc. of Little Rock and Economics Arkansas, an educational nonprofit, have created an umbrella PreK-12 program focused on free enterprise education for schools and students across the state.
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Bank of the Ozarks Named Top Performer
Bank of the Ozarks has again been named the nation’s best performing regional bank in its asset size category, claiming the top spot in the S&P Global Market Intelligence ranking of regional banks for 2017.
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St. Louis Fed President Speaks in Little Rock
Federal Reserve Bank of St. Louis President James Bullard spoke last week in Little Rock about “The U.S. Economy Three Months into 2018” at the Arkansas Bankers Association's and Arkansas State Bank Department’s Day with the Commissioner.
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SPONSORED: Wood Sales Leadership Center Teaches Art, Science Of Selling
Rare program poised to turn out its first class of future salespeople at Arkansas State University.
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Bank of the Ozarks' 1Q Net Income Up 27 Percent
Bank of the Ozarks on Thursday announced first-quarter net income of $113.1 million, up 27 percent from the same quarter last year.
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Former Agent Joshua Casada Charged with Insurance Fraud, Theft, Forgery
Joshua Eric Casada of Pine Bluff, who lost his license to sell insurance in Arkansas in December, was booked in to the Pulaski County jail Thursday on 22 felony counts.
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Armor Bank Names Chief Lending Officer
Courtney Menefee has been named chief lending officer of Armor Bank in Forrest City and its holding company, Big Creek Bancshares Inc.
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Ricca Joins NEA Baptist; Dietsche Advances at FNBC Bank (NEA Movers & Shakers)
Greg Ricca has been hired as a neurosurgeon for NEA Baptist in Jonesboro. Jeremy Dietsche has been promoted to assistant vice president and commercial lending/business development officer for FNBC Bank in Ash Flat.
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Wendy Von Kanel Promoted to Market President for Southern Bancorp (Movers & Shakers)
See more of this week's Movers & Shakers, and submit your own announcement at ArkansasBusiness.com/Movers.
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Beacon Hill Complex Draws $9.2M Purchase (Real Deals)
An affiliate of RREAF Holdings of Dallas acquired the 168-unit complex in west Little Rock. The seller is Beacon Hill Inc., led by James Barre Jr.
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Comparing Metro Area Living Standards (James Bullard Commentary)
The results of this analysis show the importance of adjusting for price differences across regions when comparing living standards.
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Bank Taps Wood Company for $1.3 Million Judgment
A Logan County wood company is being sued for allegedly defaulting on a $1.4 million loan dating to October 2015.
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Optimism Among Builders Slides for Fourth Consecutive Month
Homebuilder confidence slid for the fourth consecutive month with steadily rising mortgage rates and sky-high home prices putting ownership out of reach for more and more Americans.
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