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Tom Dees' Long Fight to Keep Holiday Island Afloat

Drive the curvy roads north out of Eureka Springs to the state’s mountainous northern edge, and you’ll discover Holiday Island, “the town that Tom built.”

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Midwest Economy Report Stays Strong, Shows Inflation Worries

The economy in nine Midwest and Plains states remains strong in the wake of a devastating global pandemic.

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Next 'Business Forum' Webcast to Interview Steve Cannon

Steve Cannon, CEO of AMB Sports and Entertainment, will lead the June 9 webcast in a series presented by Arkansas Business throughout 2021.

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Next FIS Fintech Accelerator Companies Named

Financial technology leader FIS of Jacksonville, Florida, and The Venture Center of Little Rock announced Wednesday the 10 companies selected to participate in their 2021 FIS Fintech Accelerator program.

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Bank OZK Holds Groundbreaking for $6M Solar Array

Bank OZK broke ground Thursday on its $6 million solar power plant that will power its Little Rock headquarters and 40 other locations.

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Frenchman’s Woods Sale Tops $9.5M (Real Deals)

Affiliates of the Read Property Group of Brooklyn, New York, bought 31 buildings in seven transactions of the North Little Rock apartment complex.

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Vester Leaves Farmers & Merchants Board (Movers & Shakers)

Ray Vester has retired from the board of directors of Farmers & Merchants Bank in Stuttgart.

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Simmons First Buys 2 Banks, Expands Tennessee Footprint

Simmons First National Corp. of Pine Bluff announces that it will buy two Memphis-area bank companies in separate deals worth a combined $277.9 million.

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Darrin Williams Named to St. Louis Fed's Board

Darrin Williams, CEO of Southern Bancorp Inc. in Little Rock, has been appointed to the board of directors of the Little Rock Branch of the Federal Reserve Bank of St. Louis.

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Citizens Bank Promotes Two

Citizens Bank of Batesville this week promoted Johnny Babb to vice president and senior network administrator and Stephanie Spain to assistant vice president.

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Square Inc. Invests in Southern Bancorp

Digital payments company Square Inc. of San Francisco makes an equity investment in Southern Bancorp Inc. of Little Rock.

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Haag Brown Buys Bentonville Building for $3M

Haag Brown Commercial Real Estate and Development of Jonesboro plans to redevelop the First Horizon Bank building in Bentonville.

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Crime and Punishment (Gwen Moritz Editor's Note)

Tracking bitcoin transfers requires high-level expertise in blockchain technology, but knowing that money has been moved from one state-of-the-art safe to another is one thing; getting the money out is...

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First Security Doubles Presence in Fort Smith

After entering the Fort Smith market in 2018, First Security is adding a second branch.

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First Community Expands in Conway

Batesville’s First Community Bank is enlarging its presence in downtown Conway after the $1.6 million purchase of the former Second Baptist Church in December.

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JPMorgan Chase Enters Arkansas With 4 Branches

JPMorgan Chase Bank of Columbus, Ohio, is hip deep in developing its first rollout of Arkansas sites, all in Pulaski County.

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U.S. Home Construction Up Moderate 3.6% in May

U.S. home construction rose 3.6% in May as builders battled a surge in lumber prices that have made homes more expensive.

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Fed Sees Faster Time Frame for Rate Hikes As Inflation Rises

The Federal Reserve signals that it may act sooner than previously planned to start dialing back low-interest rate policies that have also coincided with rising inflation.

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U.S. Average Mortgage Rates Mostly Lower; 30-Year at 2.93%

Mortgage rates were mostly lower this week as the economy continued to show signs of recovery from the pandemic recession and recent bursts of inflation were deemed temporary by federal policymakers.

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Damron, Jobe Join Arvest in Conway (Movers & Shakers)

Mike Damron and Andrea Jobe have been hired as mortgage lenders at Arvest Bank in Conway.

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