Innovative Banks Lead Through Digital Adoption (Wayne Miller Commentary)
Banks prioritizing innovation are better positioned to retain customers while expanding their footprint, bringing more into the fold.
View ArticleWhat’s In The $1.9 Trillion Stimulus Package?
The American Rescue Plan of 2021 seeks to help the United States recover from the economic downturn caused by the COVID-19 pandemic.
View ArticleArvest Disputes Criticism of Its Overdraft Fee Profits
A recent analysis of overdraft fees by one of the country’s oldest think tanks included Arvest Bank of Fayetteville on a list of banks that “are no more than check cashers with a charter.”
View ArticleRockefeller Report: Minority Access to Capital Needs Improvement
During federal fiscal years 2017-20, Arkansas lenders made more than $658 million loans through the Small Business Administration’s 7(a) program. Of that total, only about $10 million or 1.5% went to...
View ArticleFirst National Bank Buys Bank Branch
A west Little Rock bank bank branch-office building is sold while a new spec warehouse project takes shape and land for an apartments project approaches its acquisition date.
View ArticleHome Solar Gets Lender
Loanpal made headlines last month with its plan for a 100-employee operation in Bentonville, but the sustainable home improvement lender’s arrival is a “big deal” for a reason nobody reported at the time.
View ArticlePandemic Effects May Weigh on Commercial Real Estate Recovery
The distribution of COVID-19 vaccines is fueling optimism that Americans will increasingly return to the ways they used to shop, travel and work before the pandemic.
View ArticleMortgage Rates Dip for First Time Since January
Mortgage rates fell for the first time in more than two months as buyers continue to be stifled by high prices and limited supply.
View ArticleSingle-Family Residential Construction Soars
The residential construction market in the Little Rock area boomed last year despite the COVID-19 pandemic, with the number of new single-family housing units permitted hitting their highest level...
View ArticleHunter Heads Data at Simmons (Movers & Shakers)
Lisa Hunter has been named executive vice president and new chief data officer of the Data Office at Simmons Bank in Little Rock.
View ArticleVillage at the Gateway Attracts $22.6M Purchase (Real Deals)
Affiliates of Advanced Precision Group of Jackson, New Jersey, purchased a mixture of triplexes, duplexes and a single unit in the Village at the Gateway
View ArticlePig Farmer Accused of Hogging Loan Proceeds
Arvest Bank accuses a Fulton County pig farmer of submitting false financial statements to obtain millions of dollars in loans to raise pigs, instead using the money for other debts.
View ArticleHolliday Bankruptcy Sale Nets $782,000
Nearly 350 items of Jacob “Kade” Holliday’s property sold at an auction last month for $782,000.
View ArticleBancorpSouth to Acquire Cadence Bank
BancorpSouth Bank of Tupelo, Mississippi, is acquiring Cadence Bank N.A. of Houston in an all-stock deal that will create a regional bank, branded as Cadence Bank, with more than $40 billion assets.
View ArticleFed Leaders Agree: Economics Has A Racial-Disparity Problem
Top Federal Reserve policymakers underscore their concern that Black and Hispanic people are sharply underrepresented in the economics field, which lessens the perspectives that economists can bring to...
View ArticleBanks to See Big Profits As COVID 'Bad' Loans Become 'Good'
The nation’s largest banks are expected to report big profits for the first quarter amid renewed confidence that pandemic-battered consumers and businesses can repay their debts and start borrowing again.
View ArticleArkansas Business Seeks Nominations for '20 In Their 20s'
Arkansas Business is accepting nominations for its annual "20 In Their 20s" class of young professionals who are making a difference in their companies, organizations and communities.
View ArticleFed Survey: Economy Rebounding, Helped by Stimulus, Vaccines
A Federal Reserve survey finds that the economy rebounding in late February through early April, helped by billions of dollars in a new round of stimulus payments and the stepped-up rollout of...
View ArticleHome BancShares Q1 Net Income Beats Expectations
Home BancShares Inc. of Conway reports record first-quarter net income of $91.6 million, up from $507,000 in the same quarter last year.
View ArticleWatkins Leads Promotions at First Security Bank (Movers & Shakers)
Dana Watkins has been named senior vice president of First Security Bank in Jonesboro, while Seth Williams has been named vice president and Kathy Gardner, Alex Beasley and Will Edwards have all been...
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