Banking & Finance - ArkansasBusiness.com

Long-term U.S. mortgage rates jumped this week after two straight weeks of declines, reaching their second-highest level this year.

Attorney Robert T. Smith discusses common alternatives used by privately held banks as well as nonfinancial companies to create liquidity for shareholders.

Joni Alexander, Ricky Ferguson and Shannon Robinson have been hired to serve two Jefferson County FBT Bank & Mortgage locations.

Doggett Properties Arkansas LR LLC, an affiliate of Leslie Doggett Industries of Houston, Texas, acquired the 87,531-SF Truck Centers of Arkansas complex at 11700 Valentine Road.

Springdale hopes to build on recent efforts to reinvigorate its downtown.

There’s a new kind of accelerator now, 10X Cyber Accelerator, that accepts only Arkansas companies with annual revenue of between $100,000 and $10 million.

There’s a new face in the president’s office at Capital Bank of Little Rock. Actually, it’s pretty much like the previous face.

The Searcy bank, which has sued Lauren James Enterprises Inc. of Fayetteville over a defaulted $338,720 loan, has asked a Washington County Circuit judge to prevent Lauren James from holding its warehouse sale scheduled for Saturday and Sunday.

Lessons of hard work and money management stuck John Allison, who shared some of those lessons at Tuesday's Rotary Club of Little Rock luncheon, where he was honored as the club's 2018 Business and Professional Leader of the Year.

An affiliate of New York’s Getty Realty Corp. bought the 11911 Mara Lynn Drive project from E-Z Mart Stores Inc., led by Sonja Hubbard.

Tom Mays has been promoted to south Arkansas division president of the Bank of the Ozarks in Little Rock.

As it stands now, there will be no auction of assets owned by fallen banker Lex Golden and his wife, Ellen.

The owners of the Regions Center say they were thwarted in their efforts to refinance a $32 million loan.

Sales of new U.S. homes jumped 6.7 percent in May, with purchases in the South accounting for all of the monthly gains.

Arvest Bank has promoted Mike Willard to president and CEO of the bank’s north central Arkansas and West Plains, Missouri, region, effective July 1.

Fewer Americans signed contracts to purchase homes in May, as sales are being stifled by a shortage of properties on the market.

U.S. economic growth in the first quarter was revised down to a lackluster 2 percent — a sharp deceleration and the poorest showing in a year.

Amy Reed and Cheryl Taylor have been hired by Arvest Bank as private banking advisers.

The addition of the Bank of Gravett to Legacy BancShares Inc. will team up the oldest bank in Benton County and one of the youngest in Washington County.

Searcy’s First Security Bank is adding Fort Smith to its branch network.

US Long-Term Mortgage Rates Jump; 30-Year at 4.62 Percent

Creating Liquidity for Shareholders (Robert T. Smith Commentary)

FBT Bank & Mortgage Hires Three in Jefferson County (Movers & Shakers)

Doggett NLR Purchase Closes at $12.8 Million (Real Deals)

Springdale Hopes to Maintain New Momentum Downtown

Attention Arkansas Startups, 10X Cyber Is Only for You

Duke Replaces Duke at Capital Bank

First Security Fights 'Warehouse Sale' of Lauren James

Johnny Allison, Rotary Leader of the Year, Never Dreamed of Being One

West Little Rock E-Z Mart Rings Up $1.4 Million Sale (Real Deals)

Tom Mays Promoted at Bank of the Ozarks (Movers & Shakers)

No Auction in Golden Bankruptcy; FDIC Judgment Gone

Regions Center Owners Sue Over $32M Default

US New-Home Sales Climbed 6.7 Percent in May

Arvest Bank Announces Promotion of Mike Willard

US Pending Home Sales Fell 0.5 Percent in May

US GDP Revised Down to Lackluster 2 Percent Rate in 1Q

Reed, Taylor Join Arvest (Movers & Shakers)

Bank of Gravett, Legacy National Bringing Mix of Old and New to NWA

First Security's Footprint Broadens Into Fort Smith