U.S. Household Debt Reaches $13.29 Trillion
Total household debt in the United States rose to $13.29 trillion in the second quarter of 2018, a 0.6 percent increase from the first quarter. It’s the 16th straight quarter that debt has increased.
View ArticleArmor Bank Moves Into Former MNB Branch
Forrest City’s Armor Bank is looking to increase its Little Rock presence by setting up shop in a former Metropolitan National Bank branch.
View ArticleDiamond Bank Heads Into Hector
Diamond Bank of Murfreesboro has targeted a bankless community in Pope County for its next expansion.
View ArticleSignature Bank Makes Return to Rogers Mix
Fayetteville’s Signature Bank of Arkansas is re-entering the Rogers market with a full-service branch at 3712 S. Pinnacle Hills Parkway.
View ArticleSimmons Bank Brings New Deposits to Pine Bluff
Arkansas bank deposits grew by almost $2.5 billion to $66.7 billion in the year that ended June 30. Almost three-quarters of the additional deposits — $1.8 billion — flowed into a single institution.
View ArticleLorrie Trogden Named CEO of Arkansas Bankers Association
Trogden, formerly associate executive director and director of government relations at the Arkansas Bar Association, succeeded William R. “Bill” Holmes.
View ArticleRosalyn M. Anthony Says OCC Stays Charter Member of the Community
From her post at the Office of the Comptroller of the Currency, Rosalyn M. Anthony looks at a trend of dwindling national banks.
View ArticleEntrepreneur John James Starts Engine, Raising $4M for E-Commerce Software Firm
Fayetteville entrepreneur John James has raised nearly $4 million for his latest startup, Engine, which sells business management software to e-commerce retailers.
View ArticleWith Converted Charter, Helena National Plans Name Change, Bigger Territory
Helena National Bank completed the conversion of its national charter to an Arkansas state bank charter on Thursday, and is now officially (and temporarily) known as HNB Bank.
View ArticleSchwyhart Creditor Raises Fraud Claim
A renewed debt collection effort against Bill Schwyhart, the once prominent Rogers real estate developer, has followed him to Texas and rekindled the interest of dormant creditors.
View ArticleSmall Banks Find Niche in Arkansas While Facing Unique Challenges
Bank consolidation nationally is continuing on a similar pace to recent years, but it has been a slower year in Arkansas, especially for the smallest banks.
View ArticleSimmons First 3Q Net Income Up 91 Percent
Simmons First National Corp. of Pine Bluff on Monday announced record net income of $55.2 million, up 91 percent from the same quarter last year.
View ArticleFIS CEO Talks About the Next 50 Years
Fidelity National Information Services Inc. of Jacksonville, Florida, celebrated its 50-year anniversary this month. But CEO Gary Norcross has an eye to the future and the daunting task of continuing...
View ArticleU.S. New-Home Sales Slump for 4th Straight Month
Sales of new U.S. homes plunged 5.5 percent in September, the fourth straight monthly drop as the housing market cools with mortgage rates rising.
View ArticleGiving Back Improves Your Business and Your Community (Heather Larkin...
Corporate charitable giving is one way businesses help improve their communities. But companies may not be aware of the substantial benefits corporate giving brings to the business itself.
View ArticleUS Average Mortgage Rates Edge Up; 30-Year at 4.86 Percent
Long-term U.S. mortgage rates edged slightly higher this week amid continued anxiety in financial markets as interest rates rise.
View ArticleGas Pos Relocates to NLR, Will Create 30 Jobs
Gas Pos announced Thursday that it has relocated its headquarters to North Little Rock from Birmingham, Alabama, and will create 30 high-paying technology jobs.
View ArticleA Practical Way to Build Culture (Barry Goldberg On Leadership)
Organizational culture is often fuzzy. It is too easy to create a lofty, aspirational set of principles that read well but lose their power when it comes to practical day-to-day operations. That...
View ArticleArkansas Personal Consumption Spending Up 2.5 Percent
Personal consumption expenditures in the United States rose 4.3 percent in 2017, according to the U.S. Bureau of Economic Analysis.
View ArticleHillview Village Visited by $3M Transaction (Real Deals)
Hillview Village of North Little Rock LLC, led by Dusty Duke and Darrell Robinson, bought its namesake project at 2540 W. Pershing Blvd. from Hillview Village Ltd. of Frisco, Texas.
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