Banking & Finance - ArkansasBusiness.com

Diversity and inclusion are subjects of growing importance to leaders in northwest Arkansas.

A side job washing vehicles blossomed into a full-time business for Roger Perry in Arkadelphia. Perry operates RP Detail, providing custom cleaning service for SUVs, trucks and cars.

With changes in banking, including a dramatic consolidation of the industry, federal bank regulators have put out the word that the way the Community Reinvestment Act is enforced is likely to change as well.

Spudnuts, an El Dorado fixture for 70 years, now thrives under the Gonzalez family.

Arkansas' August net available general revenue collections totaled $434.1 million, up $28.1 million or 6.9 percent, from the same month last year, according to a report Wednesday by the state Department of Finance and Administration.

Another Arkansas bank is working to convert its federal charter to a state charter, joining the ranks of peers including Simmons Bank of Pine Bluff.

Mary Beth Brooks has been named the new director of the University of Arkansas Small Business & Technology Development Center.

An affiliate of Self-Storage Capital Partners of Philadelphia bought the 517-unit mini-storage project in midtown Little Rock from a group led by Paul Darden.

LaTasha McNeely Randle has been promoted to manager of the Relyance Bank branch on Olive Street in Pine Bluff, and Jennifer Milroy has been promoted to manager of the Village Square branch in Hot Springs Village.

The chart illustrates the delinquency rate on commercial real estate loans — excluding farmland — booked in the domestic offices of all commercial banks in the United States between first-quarter 1991, when it stood at 11.99 percent, and second-quarter 2018, when it stood at 0.72 percent.

Arvest Bank has promoted David Norris to vice president and mortgage lending supervisor for the its Northeast Arkansas market.

Atlanta Federal Reserve Bank President Raphael Bostic said Thursday that he believes growth remains strong despite uncertainty over trade tensions, and he expects interest rates to continue to rise to a point where they neither stimulate nor slow the economy.

Alex Beasley of Jonesboro has been promoted to loan officer at First Security’s main banking center in Jonesboro.

Homebuyers, especially those with less-than-stellar credit, today face more hurdles qualifying for a mortgage than they did in the housing boom years.

After a path was cleared for banks to get into the insurance business, few Arkansas lenders jumped in.

An affiliate of Philadelphia’s Springer Capital bought the 108-unit apartment project in Little Rock’s Riverdale area from its namesake ownership group led by Vic Fleming.

Ben Brantmeier has joined BancorpSouth Bank as a vice president and commercial lender in Rogers.

Arkansas Business is once again seeking nominations of the state's most outstanding businesses, business executives and nonprofit organizations for its Arkansas Business of the Year Awards.

The Arkansas Asset Funders Network announces the formation of Bank On Arkansas+, a partnership of financial institutions and community organizations that will promote accounts that are free or low-cost and have no to low opening deposit requirements and no overdraft fees.

Long-term U.S. mortgage rates are up for the fourth consecutive week, with the key 30-year rate reaching its highest level since May.

NWA Conference Told Inclusion Makes Companies Stronger

RP Detail Establishes Its Tidy Home

Federal Regulators Look to Update CRA

In El Dorado, Dollars Will Get You Spudnuts

Report: August State Revenue Up 6.9 Percent

Helena Bancshares the Latest to Seek State Charter

Mary Beth Brooks to Lead UA's ASBTDC

Midtown Mini-Storage Attracts $9.5M Buyer (Real Deals)

Relyance Bank Promotes Two to Branch Manager (Movers & Shakers)

Delinquency Rate of Commercial Real Estate Loans at Lowest Point

Arvest: David Norris Will Lead Mortgage Lending in NEA

Fed Member Sees Gradual Interest Rates Hikes in Short Term

First Security Promotes Alex Beasley to Loan Officer

For Homebuyers, Mortgages Are Safer But Tougher to Come By

Property & Casualty Holds No Luster for Most Lenders

River Park Complex Draws $7.1M Sale (Real Deals)

Ben Brantmeier Heads to BancorpSouth in Rogers (Movers & Shakers)

Nominate Now for the Arkansas Business of the Year Awards

Arkansas Funders Network Announces Bank On Arkansas+

Average US mortgage rates rise; 30-year at 4.65 percent