Arvest Hires Cinthya Allen as Head Diversity & Inclusion Officer
She brings 20 years of relevant experience to the role, most recently as the diversity, equity and inclusion officer and Americans with Disabilities Act coordinator for the City of Norman, Oklahoma.
View ArticleLance Penfield Joins Merchants & Farmers Bank Board
Penfield is co-owner of Baxley-Penfield-Moudy Realtors
View ArticleDenise Thomas Joins Board of St. Louis Fed's Little Rock Branch
Thomas will fill the unexpired portion of a three-year term ending Dec. 31, 2023.
View ArticleFirst Community Bank's Bill Oliva Receives Bill Holmes Leadership Award...
Arkansas Bankers Association recognized Oliva, who is vice president of commercial lending and diversity outreach at First Community Bank.
View ArticleCondition Critical At Rural Hospitals
The Ouachita County Medical Center in Camden offers prime example of the financial stress hospitals are under since COVID.
View ArticleUnderstanding the Corporate Transparency Act (Taylor A. Stockemer Commentary)
Businesses will want to make sure they comply with these final regulations before January 2024.
View ArticleSouthern Bancorp Gets $45M Federal Tax Credit Allocation
The New Markets Tax Credit program allows businesses to make equity investments in severely distressed rural and urban communities.
View ArticleAverage Long-Term US Mortgage Rate Back Above 7% This Week
Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate rose to 7.08% from 6.95% last week. A year ago the average rate was 2.98%.
View ArticleUS Consumer Inflation Eased to 7.7% Over Past 12 Months
The number was lower than economists had expected.
View ArticleDonny Rogers Named Head of Arvest Wealth Investment Services
Rogers will replace Calvin Jarrett, who is retiring in early 2023 after more than 35 years with Arvest.
View ArticleUS Authorities Investigating Crypto Exchange FTX
This week's developments marked a shocking turn of events for FTX CEO and founder Sam Bankman-Fried, who was hailed as somewhat of a savior earlier this year when he helped shore up a number of...
View ArticleArkansas Museum of Fine Arts Gets $250K Grant From Bank of America
The funds bring the museum in Little Rock closer to completing its years-long redesign and renovation.
View ArticleUA Looking to Boost Research and Development Expenditures
The University of Arkansas at Fayetteville ranks low nationally in R&D expenditures, but they are optimistic about improving their ranking going forward.
View ArticleCEO of First Arkansas Bank & Trust Receives Tampa Bay Trophy (Movers & Shakers)
Larry Wilson was recognized by Tampa Bay Defense Alliance for his extensive service to the Little Rock Air Force Base and the local community.
View ArticleRiverhouse Apartments Hosts $54.4M Sale (Real Deals)
Passco Riverhouse DST purchased the 262-unit apartment complex at 1200 Brookwood Drive in Little Rock's Riverdale area.
View ArticleHomeBank of Arkansas Sells for $11.8 Million
The recent purchase of the $65.2 million-asset HomeBank of Arkansas is the opening foray into the state for Barksdale Federal Credit Union of Bossier City, Louisiana.
View ArticleWaltons Give $470K to Keep NWA Kiva Hub Going
The Startup Junkie Foundation receives a three-year, $470,000 grant from the Walton Family Foundation to continue facilitating the Northwest Arkansas Kiva Hub.
View ArticleFed Official Suggests Substantial Rate Hikes May be Needed
James Bullard, who leads the Federal Reserve Bank of St. Louis, said the Fed's key short-term interest rate "has not yet reached a level that could be justified as sufficiently restrictive."
View Article'Zombie Debt': Homeowners Face Foreclosure on Old Mortgages
Some homeowners believed their second loans were rolled in with their first mortgage payments or forgiven. Now they're being told the loans weren't dead after all.
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