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SEC Penalizes Crews, Former CEO Harding for Conflict in Bond Deal

The U.S. Securities & Exchange Commission assesses a penalty against Crews & Associates of Little Rock and its former CEO, Rush F. Harding III, for "unfair dealing" in a West Virginia municipal...

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Correction: $1.25M in Loans to be Available for Minority-Owned Businesses

Wells Fargo awards $1.25 million in grants to Communities Unlimited of Fayetteville and Southern Bancorp of Little Rock.

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Average US Mortgage Rates Unchanged From Last Week, Remain Under 3%

Mortgage buyer Freddie Mac said that demand remains stable.

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USDA Accepting Applications For Heirs’ Property Relending Program

A Farm Service Agency executive says the program will help improve access to other USDA programs and services.

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Dixon, McCoy Advance at Petit Jean State Bank (Movers & Shakers)

Zeke Dixon has been promoted to vice president, loan officer, and Brandi McCoy has been promoted to vice president, finance, at Petit Jean State Bank in Morrilton.

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Bank OZK Plans New Miami Branch

The $27.2 billion-asset Bank OZK is working on a fifth branch in the Miami-Dade County market.

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Peoples Banks Coming Together in Magnolia

Little Rock’s Bank OZK is selling its lone location in Magnolia to a locally based lender: the $219 million-asset Peoples Bank.

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Signature Bank Makes Its Mark on Harrison

Fayetteville’s Signature Bank of Arkansas has made the Harrison market a party of 10. The $805 million-asset lender has opened for business in Suite 100 of the Durand Center at 303 N. Main St.

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Park Plaza Moves Closer to Foreclosure

Lenders are pushing forward with their foreclosure lawsuit against the owners of Park Plaza Mall in Little Rock.

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Stone Bank Seeks Sanctions on Lawyers

Stone Bank has asked a federal judge to sanction a farmer and his attorneys for “pursuing frivolous and baseless allegations and claims.”

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NLR Bank Building Sells for $5.6M (Real Deals)

A group led by T.J. Lefler bought the U.S. Bank building in downtown North Little Rock from U.S. Bank of Cincinnati.

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In-State Bank Deposits Grow by 9.6%

Arkansas bank deposits exceeded $90 billion on June 30, an increase of 9.6% in 12 months and almost identical to the national trend line.

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Armor Adds Wolcott in Hot Springs (Movers & Shakers)

Chris Wolcott has been hired as vice president of commercial banking in the Hot Springs market of Armor Bank of Forrest City.

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The 2021 20 In Their 20's: The Future Looks Bright

From Jonesboro to Little Rock to Bentonville to Prescott, bright young talent spans our state. For the 12th year, Arkansas Business is proud to introduce 20 of the freshest faces in business and...

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Walmart Denies Cryptocurrency Partnership After Phony News Release Makes...

Reuters, CNBC and Yahoo Finance are among the news outlets that were duped.

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Nominate Now for the 34th Arkansas Business of the Year Awards

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

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Home BancShares to Acquire Happy Bancshares of Texas in $919M Deal

Home BancShares Inc. of Conway announces a $919 million deal to acquire Happy Bancshares Inc. of Happy, Texas, pushing the parent company of Centennial Bank beyond $23 billion in assets.

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Southern Bancorp CEO Darrin Williams Appointed to National Advisory Board

Williams says he wants to ensure that the bank's customers' stories and perspectives are heard by policymakers.

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Arvest Bank Announces Tech Partners for Next-Gen Banking Platform

It's part of a multi-year plan to transform the bank's services, products and operations.

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Mortgage Rates Dip to 2.86% This Week

Average long-term mortgage rates dipped lower this week as economic prospects continued muted amid a wave of new delta variant coronavirus cases. They remained under 3%.

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