As Sales Signal Rebound, Arkansas Brewers Discuss Lessons Learned
If philosopher Friedrich Nietzsche was right — if, in fact, that which does not kill us makes us stronger — then the Arkansas craft brewers who weathered the pandemic storm of 2020 appear to be...
View ArticleArkansas Distilleries, Wineries Cheer Customers’ Return
After a year in the barrel, spirit makers in Arkansas welcome tasters and tours.
View ArticleSimmons Bank Gathers Weight in Volunteer State
By some measurements, Tennessee will rival Missouri as the second-largest market for Simmons Bank after its pending acquisitions of Landmark Community Bank in Collierville and Triumph Bank in Memphis.
View ArticleSuccess Credit Union Recognized by Forbes
Success Credit Union of Blytheville received a dose of media love courtesy of Forbes, which named it the best credit union in Arkansas on June 24.
View ArticleQuapaw House Faces Foreclosure
Quapaw House Inc., the troubled Hot Springs drug and alcohol treatment provider that is no longer operating, recently entered into a consent judgment for $1.43 million with Relyance Bank.
View ArticleWilliams Named Partner at Rasco Winter Thomas (Movers & Shakers)
Robbie Williams has been promoted to partner at Rasco Winter Thomas Group of Little Rock.
View ArticlePowell: Inflation, Though Elevated, Will Likely Moderate
Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in coming months" before “moderating."
View ArticleFed Survey: U.S. Economy Strong But Hindered by Bottlenecks
The Federal Reserve's latest nationwide business survey found that the economy strengthened further in late May and early June, despite supply-chain bottlenecks that led to price hikes.
View ArticleHome BancShares' Q2 EPS Meet Wall Street Expectations
Home BancShares Inc. of Conway reports second-quarter profit of $79.1 million, up 26% from the same quarter last year.
View ArticleArkansas Unemployment Rate Unchanged for 3rd Month
Arkansas' unemployment rate remained unchanged for the third month in a row, at 4.4% from May to June.
View ArticleElizabeth Burns Anderson Lays Foundation for Economic Impact
Elizabeth Burns Anderson, a fifth-generation banker and Magnolia native, was named executive director of the new Farmers Bank Foundation in May.
View ArticleHum Advances at Stone Bank (Movers & Shakers)
Patrick Hum has been promoted to financial planner and analyst in the Little Rock office of Stone Bank of Mountain View.
View ArticleArkansas Q1 GDP Rises 6.9%
Real gross domestic product rose in all 50 states and the District of Columbia in the first quarter of 2021.
View ArticleChanging Jobs in Banking? Be Aware (Robert Smith Commentary)
Bankers and their new employers are advised to consider a few steps to mitigate legal risks. A recent Federal Reserve lifetime ban on two Wyoming bankers is an alarming reminder of the severity of...
View ArticleFormer Premier Bank Employee Indicted for Embezzlement
A 61-year-old Crittenden County woman was recently indicted by a grand jury on a charge of embezzling money from Premier Bank of Arkansas.
View ArticleTight Inventory, Low Rates Fuel Mortgage Market
A year ago, Arvest Bank crossed the $2 billion mark in mortgage volume in late June. This year, the bank soared past that mark in May, the earliest in company history.
View ArticleWalmart Offering Financial Tools, Fintech Plans
Walmart insists it doesn’t want to be a bank, but it’s surely acting like one.
View ArticleCryptocurrency Market Gaining Acceptance
More businesses around the world are accepting cryptocurrency — or digital money — as payment, more people are using ATMs that dispense one of its best-known forms, and more of those people are baby...
View ArticleBanner Profits for AFCU Accompany Long-Planned HQ Move
Arkansas Federal Credit Union is poised to move its headquarters from Jacksonville to Little Rock amid its most profitable season since its 1956 launch.
View ArticlePandemic Recession Ended in April 2020, Shortest on Record
The U.S. economy reached a peak in February 2020, the National Bureau of Economic Research says. The recession began the following month and ended in April.
View Article