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As 'Buy Now, Pay Later' Plans Grow, So Do Delinquencies

Another concern among advisers and consumer advocates, as well as Washington lawmakers and regulators, is the ease with which consumers can layer on these installment loans.

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Arvest Equipment Finance Climbs in Annual Ranking

The division of Arvest Bank moved up in two categories.

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Revamp Begins in North Little Rock’s Downtown Riverfront

Plans call for a hotel and mixed-use projects near Simmons Bank Arena.

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Suspended Attorney Still Practicing Years Later

Teresa Bloodman, who was accused of more than 175 violations of the bar’s rules of professional conduct and suspended in 2016, has been allowed to keep practicing in federal court.

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1 Promoted at Regions Bank’s for NWA (Movers & Shakers)

Jaclyn Henderson has been named market executive for in Bentonville, Rogers, Siloam Springs, Springdale and Fayetteville.

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WLR Auto Dealership Attracts $12.5M Sale (Real Deals)

West Little Rock’s Jaguar-Land Rover-Volkswagen dealership at 25 Col. Glenn Plaza changed hands in a two-part transaction.

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Dumas Bank Borrows $9M For Growth

The holding company of Merchants & Farmers Bank in Dumas boosted its capital through a $9 million subordinated debt offering in August.

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Republican AGs Push Visa, Mastercard, AmEx Not to Track Gun Sales

In their letter, the AGs threaten to use all legal tools at their disposal to stop the payment networks from tracking gun sales.

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EXPLAINER: How the Strong US Dollar Can Affect Everyone

The value of the U.S. dollar has been on a tear for more than a year against everything from the British pound across the Atlantic to the South Korean won across the Pacific.

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Average US Long-Term Mortgage Rates Climb to 6.29% This Week

Rates are at the highest level since 2007.

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Bank CEOs Warn That US Economy Faces 'Daunting' Challenges

JPMorgan Chase's Jamie Dimon, Citigroup's Jane Fraser and other chief executives said the U.S. consumer is in good shape but faces threats from high inflation and rising interest rates.

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Bank CEOs Warn That US Economy Faces 'Daunting' Challenges

JPMorgan Chase's Jamie Dimon, Citigroup's Jane Fraser and other chief executives said the U.S. consumer is in good shape but faces threats from high inflation and rising interest rates.

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US Has Sent $8.28B in Pandemic Funds to Local Lenders

Mississippi, Louisiana, North Carolina, California, and Texas have received some of the biggest contributions.

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Arkansas Business Announces 2022 CFO of the Year Finalists

Finalists and winners in each category will be honored at a special event on Nov. 2 in Little Rock.

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1 Promoted as Garland & Greenwood Expands (Movers & Shakers)

Blake Abston is now the head of Garland & Greenwood Wealth Advisors, a new registered investment advisor firm under Garland & Greenwood CPAs and Advisors PLLC of Little Rock.

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Bank Deposit Growth Settles Down After COVID

Statewide deposit growth slowed to 5.5% after two consecutive years in which COVID stimulus cash fueled unusually strong deposit growth.

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Tech Work Fuels Huge Growth at Evolve Bank & Trust of West Memphis

Evolve’s total assets nearly doubled in 18 months, and they now hold the largest total of trust assets in the state.

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Encore Bank Expands Its Loan Network to 20 Markets In 3 Years

Since 2019, total deposits at Encore have ballooned from nearly $121.8 million to more than $1.9 billion.

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Rising Interest Rates and Property Costs Slow Lending Momentum

Homebuyers hit the brakes as high-priced properties meet the highest mortgage rates in 14 years.

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Ron Witherspoon Listens More and Talks Less as Arvest's CEO in Little Rock

Witherspoon has worked for Arvest Bank, with more than $26 billion in assets, since 1997.

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