Long-term U.S. mortgage rates fell this week, offering a slight degree of relief to would-be homebuyers.
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Average US 30-Year Mortgage Rates Fall to 4.52 Percent
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MIke Williard Selected as Regional CEO at Arvest (Movers & Shakers)
Mike Willard has been promoted to CEO of Arvest Bank’s north-central Arkansas and West Plains, Missouri, region, effective July 1.
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Warehouse Development Draws $9.3M Transaction (Real Deals)
New ownership of the five-building, 177,626-SF Shackleford Corporate Center is divided into six limited liability companies.
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Collection Suit Against Luke Quinn Dismissed
From the Quinn camp, we heard the case went away because Today’s Bank of Huntsville didn’t own the Allied Bank loan associated with the alleged bad debt.
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John Lewis Ordered to Pay Back Alimony
The Little Rock businessman was ordered to pony up $107,500 to cover back alimony to his ex-wife, Kimberly, and her attorney costs.
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Benton, Craighead Counties Top Arkansas List of Incoming Investments
SmartAsset, a financial technology company based in New York, considered a number of factors to create its listing of the counties in Arkansas that have the most incoming investments
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Legacy National Bank Closes Deal to Buy Gravett Bancshares
Legacy National Bank of Springdale closes on its previously announced purchase of Gravett Bancshares Inc. and its subsidiary Bank of Gravett.
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Bank of the Ozarks' 2Q Profit Up 27 Percent; Name Changes on Monday
Bank of the Ozarks announces a $114.8 million profit for the second quarter of 2018. The company also said that, effective Monday, its name will change to Bank OZK. The company announced the name change in March.
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CEOs Aren’t Talking to Customers (Jim Karrh On Marketing)
Given the truth that CEOs are ultimately responsible for the growth of the enterprise, one detail stands out: “Most of our CEOs were dismayed to discover how little time they spent with their customers — just 3% on average.”
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Dawn Ellis Named SVP at Helena National Bank (Movers & Shakers)
Dawn Ellis has been hired as senior vice president of Helena National Bank and president of the bank’s Marion branch.
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Attorney Raymon B. Harvey on Questions to Ask Before Your Senior Years
Little Rock lawyer Raymon B. Harvey, who specializes in elder law, emphasizes planning in considering the needs of an aging population.
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Banking Exchange Nationaly Recognizes Batesville's Sandra Starnes
Sandra Starnes, 30-year-old vice president for emerging products and services at Citizens Bank in Batesville, is one of Banking Exchange's 20 Under 40 honorees.
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Christian Publisher Sued for Defamation
A woman filed suit in Benton County Circuit Court against her estranged husband, alleging he defamed her when his lawyer sent a letter to a Wisconsin bank.
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NLR Apartments Attract $6.4 Million Transaction (Real Deals)
An affiliate of Zieben Group in Houston, Texas, purchased the 120-unit Summertree Apartments at 5100 Summertree Drive and the 112-unit Valley View Apartments at 5125 Velvet Ridge Road.
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Southern Bancorp Community Partners President Named
Southern Bancorp Inc. of Little Rock announced Tuesday that, following a nationwide search, Karama Neal, Ph.D., was selected to serve as president of Southern Bancorp Community Partners.
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US Housing Starts Tumbled 12.3 Percent in June
U.S. homebuilders sharply curtailed the pace of construction in June as housing starts plummeted 12.3 percent.
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FIS, State Will Sponsor FinTech Accelerator for Another Year
Global financial services company FIS of Jacksonville, Florida, and Gov. Asa Hutchinson say they will sponsor the VC FinTech Accelerator for another year.
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Home BancShares' Net Income Up 52 Percent
Home BancShares Inc. of Conway reports record quarterly earnings, with net income of $76 million, up 52 percent from the same quarter last year.
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Forbes Recognizes 3 Arkansas Banks as Best-in-State (Movers & Shakers)
First Security Bank of Searcy, Arvest Bank of Fayetteville and First Arkansas Bank & Trust of Jacksonville have been named as Arkansas’ Best-in-State Banks by Forbes magazine.
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Tim Hicks Says Bank OZK's Branding Switch Proceeding OK
Tim Hicks, the chief administrative officer of what is now named Bank OZK explains how and why the venerable bank dropped the Ozarks from its brand.
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