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Arvest Adds Another Address in Ashdown

Arvest Bank is opening a second office in Ashdown in a former Wells Fargo Bank location at 860 S. Constitution Ave.

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Anstaff Bank Plans New Branch for Mountain Home Market

Anstaff Bank of Green Forest intends to add a 12th full-service branch with a second office in Mountain Home.

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Banking Magazine Gives Kudos to Bank OZK, Home BancShares

Two Arkansas members of the public company club received recognition from Bank Director magazine for regional achievements.

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Refurbished Cedar Corner Purchased for $1.45M (NWA Real Deals)

Bapuji Vakkalagadda, through his VFAM Group Inc., bought Cedar Corner, a 20-unit apartment complex in Fayetteville.

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Chenal Rehabilitation Sells For $5.9M (Real Deals)

An affiliate of Stein & Associates of Fort Smith bought the Chenal Rehabilitation & Healthcare Center at 3115 S. Bowman Road.

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Secret Schwyhart Settlement Unveiled

Litigation involving a small fleet of corporate jets loaded with debt evaporated on Oct. 23, 2013. For Bill Schwyhart, the settlement with billionaire John Calamos marked an epic payday of several...

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Gender Equality Award to Debut at Arkansas Business of the Year

Twelve companies whose executives volunteered to test their own corporate practices against a new “Gender Equity Scorecard” developed by the Women’s Foundation of Arkansas and the Clinton School of...

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Presenting the 31st Annual Arkansas Business of the Year Awards

Arkansas Business honors the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards.

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Lawsuit Alleges Banker Accepted Illicit Photos to Cover Customer's Debt

An Arkansas County woman alleges that illicit photos and videos of her were used by an ex-boyfriend to cover his debts at Arkansas County Bank.

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Stone Bancshares Buys Parent Company of DeWitt Bank & Trust

Stone Bancshares Inc. is buying DBT Financial Corp., parent company of the $94 million-asset DeWitt Bank & Trust. Financial terms weren't announced.

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Fed's Powell Predicts Solid But Slower Growth in 2019

Federal Reserve Chairman Jerome Powell says the U.S. economy should keep expanding at a solid, though somewhat slower pace this year. But he warns of growing risks, including a global slowdown,...

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US Housing Starts Plummeted 11 Percent in December

The number of homes being built in December plunged to the lowest level in more than two years, a possible sign that developers are anticipating fewer new houses to be sold this year.

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US Pending Home Sales Rebounded 4.6 Percent in January

More Americans signed contracts to buy homes in January as lower mortgage rates appeared to give the real estate market a boost.

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Farm Loan Delinquencies Highest in 9 Years As Prices Slump

The nation's farmers are struggling to pay back loans after years of low crop prices and export markets hit by President Donald Trump's tariffs, with a key government program showing the highest...

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US Economic Growth Slows to 2.6 Percent Rate in 4Q

The U.S. economy slowed in the final three months of last year to an annual growth rate of 2.6 percent, the slowest pace since the beginning of 2018, as the government shutdown and other factors took a...

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It’s Tax Time, but Not for Credit Unions (Lorrie Trogden Feedback)

In 2017, Arkansas banks paid $503,016,000 in taxes, which contributed to education, law enforcement, hospitals and responses to disasters. Credit unions paid $0.

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How to Grow Your Tax Dollars II (Larry Wilson Feedback)

Your state’s tax dollars are less than they should be. How is that? One simple reason is that, for years, our state Legislature has exempted credit unions from paying income taxes.

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Residence Inn Marriott Hosts $20.3M Sale (Real Deals)

An affiliate of Noble Investment Group of Atlanta acquired the 107-room Residence Inn Marriott at 219 River Market Ave. from an affiliate of Starwood Capital of Greenwich, Connecticut.

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Let’s You and Him Fight (Gwen Moritz Editor's Note)

While I love banks and bankers, I confess to enjoying how irritated they get when the subject is credit unions.

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Investor Angst Boils at NanoMech

If Jim Phillips had a New Year’s resolution to get NanoMech’s financial house in order during 2019, that aspiration didn’t survive the first day. And now a key creditor has implied it wants Phillips...

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