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AFCU Breaks Ground on New Rogers Location

The full-service branch will be its second location in the city.

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Troy Blackston Joins Today's Bank as Chief Lending Officer

He joins the community lender from First Western Bank of Boonevillle, where he worked for more than a decade as a senior vice president and chief credit officer and managed a loan portfolio totaling...

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Average Long-Term US Mortgage Rate Edged Higher to 6.39% This Week

Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan rose to 6.39% from 6.35% last week. The average rate a year ago was 5.25%.

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Hike Again? Take a Pause? Fed Officials Are Split About What to do Next to...

Many Fed watchers have expected the central bank's officials to forgo another increase in their benchmark rate when they next meet in mid-June. Yet recent warnings from several of the officials about...

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Melissa Powell Joins Armor Bank as Director of Marketing and HR

She was previously the marketing and communications director at Farm Credit Midsouth of Jonesboro, a regional agricultural and rural lending business.

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Debt Ceiling Negotiators Pushing for Weekend Deal, but Much Work Remains

All sides are racing devise a budget-cutting deal that Democrats and Republicans can live with, the price to be paid as McCarthy's newly empowered House Republicans try to extract steep spending...

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3 Arkansas Banks Start 2023 With Varied Profitability

The banking trio that recorded year-end losses produced mixed results during the first quarter of 2023.

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Ascentium Capital Hit With $600K Default Judgment

Arkansas Court of Appeals recently denied Ascentium's request to throw out the judgment against it.

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Fear of Being Left Behind (Barry Goldberg On Leadership)

Fear of being left behind is understandable, but it creates business risk. Embrace change.

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Alan Price Promoted to Community President at FNBC of Batesville (Movers &...

He will oversee the bank’s charter market in Sharp County, which includes Ash Flat, Cherokee Village, Highland and Hardy.

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Survey of Economists: Inflation Will Stay High This Year, and so Will Fed's...

The business economists expect the U.S. economy to grow a mediocre 1.2% this year, though that would be higher than the 0.8% growth they predicted in the NABE's February survey.

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NWA Tech Summit Organizes AI Event for June

The June 1 conference in Bentonville will feature speakers from various tech sectors to discuss artificial intelligence, security and privacy.

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Venmo to be Officially Available for Teens, Although Many Use It Already

Company executives in March estimated that a Venmo account for teenagers could create 25 million potential new customers.

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Elise Hunter Moves Up at Armor Bank

Hunter has nearly three decades of experience in banking, and has spent about half that time with Amor Bank.

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Powell Hints at Pause in Rate Hikes When Fed Meets Next Month

Speaking at a Fed conference in Washington, Powell said the central bank's benchmark rate, which affects many consumer and business loans, is now high enough to restrain borrowing, spending and...

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Gov. Sarah Huckabee Sanders Announces Appointments

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US Economic Growth for Last Quarter is Revised Up to a Still-Tepid 1.3%

The government had previously estimated that the economy grew at a 1.1% annual rate last quarter.

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Average Long-Term US Mortgage Rate Rises to 6.57% This Week, Highest Level...

Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan rose to 6.57% from 6.39% last week. The average rate a year ago was 5.10%.

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A June Pause in Rate Hikes Would be a Close Call for Fed Officials, Minutes...

Yet those supporting a pause may have the upper hand. Chair Jerome Powell and the officials closest to him have signaled in speeches over the past week that they're likely to support a pause in rate...

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Receiver Appointed to Manage Arkadelphia Shopping Center

The owner of the shopping allegedly is in default on a $2.4 million loan.

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