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Big Deals of 2018 Skyrocket in Arkansas by 267%

The value of big deals in Arkansas leaped to $53.9 billion in 2018, a 267 percent increase over the $14.7 billion figure of 2017.

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Governor, Business Leaders Form New Innovation Council

Key leaders from Arkansas businesses, research universities, philanthropic organizations and state agencies will form the new Arkansas Innovation Council at Gov. Asa Hutchinson’s request.

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Document Details How Schwyhart Hid Millions, Mansion from Creditors

An unsealed court filing lays bare how Bill Schwyhart allegedly hid as much as $4.4 million and a $1.5 million mansion from creditors for the past five years.

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Man Must Repay Nearly $1.5M in Bank Embezzlement Scheme

A former bank officer must serve two years in federal prison and repay $1.46 million to his former employer.

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River City Recreation World Revisited by $6.3M Sale (Real Deals)

An affiliate of Store Capital of Scottsdale, Arizona, bought River City Recreation World in Sherwood.

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Cindy Harper Moves Up at Community First Trust (Movers & Shakers)

Cindy Harper has been promoted to senior vice president of trust administration at Community First Trust in Hot Springs.

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How to Grow Your Tax Dollars (Rodney Showmar Commentary)

Twenty-five other states specifically allow public funds to be deposited in NCUA-insured credit unions — unlike Arkansas, which limits access to public funds to banks only.

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With Some Prime Help, An Entrepreneur Rises

With marketing visibility through Amazon.com and help from the online retailer’s order fulfillment service, Cindy Green’s Neurons Not Included has doubled sales nearly every year since 2012

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Windstream: Disappointed, Surprised by $310M Ruling

Windstream CEO Tony Thomas says the Little Rock company is "disappointed" and "frankly surprised" by a federal court ruling in New York that slapped a $310 million judgment on the firm.

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Fed Will Be 'Patient' in Rate Hikes Amid Global Growth Woes

The Federal Reserve says that in light of a slowing global economy and last year's financial market turmoil, the central bank intends to remain "patient" in determining when to make future changes in...

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Home BancShares' Proxy Shows Most Execs with Pay Increases

Home BancShares Inc. Chairman Johnny Allison received a $4.7 million compensation package in fiscal 2018, down from $4.8 million in the previous year, according to the company's preliminary proxy...

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Former Conway Construction Company Exec Sentenced to 36 Months in Federal Prison

Matthew Beasley, now of McKinney, Texas, pleaded guilty in September to bank fraud for submitting almost $3 million worth of fraudulent invoices to Centennial Bank in 2016.

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Stephanie Shine Sheds Light on Employment Retention Strategies

Stephanie Shine, the vice president for Robert Half Finance & Accounting, says soft skills are increasingly important for accounting professionals.

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Centennial's Lorre Goodkin Certified by ABA (Movers & Shakers)

Lorre Goodkin has been awarded the Certified Trust & Financial Advisor professional certification from the American Bankers Association.

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John Bogle Inspired Our Arkansas Firm (Alan Tedford Commentary)

Jack Bogle was a man of irreproachable integrity and boundless energy who profoundly improved the mutual fund industry and investing.

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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 Pub Delivers 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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