Get Tickets Now for 26th Arkansas Business of the Year Awards Banquet
Tickets are available now for the 26th Annual Arkansas Business of the Year Awards banquet, which honors the state's most outstanding businesses, nonprofit organizations and executives.
View ArticleDonnie Cook Named Bank of America's Arkansas President
Bank of America says Donald "Donnie" Cook has been named the bank's Arkansas president in addition to his role as Little Rock market president.
View ArticleBancorpSouth to Buy Central Community Corp. of Texas
Mississippi's BancorpSouth will acquire Central Community Corp., the parent of Austin-based First State Bank Central Texas, pushing the bank much deeper into the competitive Texas banking market.
View ArticleLittle Rock PetSmart Attracts $4.5M Deal (Real Deals)
A PetSmart store in west Little Rock is under new ownership after a $4.5 million sale. A relocation site for two west Little Rock auto dealerships tipped the scales at $2.9 million. And land for a...
View ArticleFairfield Community Credit Union Opens Branch In White Hall
Fairfield Community Credit Union, previously known as Fairfield Federal Credit Union, will open a new branch in White Hall on Thursday with a ribbon-cutting ceremony.
View ArticleNew Rules Tighten Mortgage Lending
While lobbyists for smaller banks are still hoping for reprieve, some mortgage bankers in Arkansas seem resigned to — and even slightly relieved by — new regulations put in place by the federal...
View ArticleBank of the Ozarks Sees Twilight on Sundowner Investment
In “Other Real Estate Owned” news (aka OREO), a Little Rock lender recently got shed of some residential holdings in Washington County.
View ArticleBank OREO Adds Up In Washington County
The roster of land, homes and buildings in Washington County recovered from bad loans (known as Other Real Estate Owned) has shrunk for some and grown for others through acquisition.
View ArticleScooter Stuart Mansion Goes Back to the Bank
Ownership of the 12,350-SF mansion in west Little Rock's gated Hickory Creek neighborhood was transferred from Stuart's widow, Tommye, to One Bank & Trust on Jan. 7.
View ArticleAfter Target Heist, Credit Cards Set for an Overhaul
The heavily publicized theft of credit card data from Target servers in November has highlighted a glaring issue that Arkansas banks and retailers must soon address: Our plastic technology is obsolete.
View ArticleBean Lumber Bankruptcy Blamed On Scam
Almost four years ago, Willy Andreas “Andy” Kirsch, the director of Malteco Business Consulting Group Inc. of Irving, Texas, offered to invest $10 million in Bean Lumber Co. of Glenwood in exchange for...
View ArticleSummit CEO Ross Whipple on Arkansas' 4 Biggest Banking Issues
Ross Whipple is the chairman and CEO of Summit Bancorp Inc. He is also chairman of the board of trustees at Henderson State University and a board member of the Arkansas Forestry Association and the...
View ArticlePoll: Retail Security Breaches Not Changing People's Habits
American shoppers say they are very concerned about the safety of their personal information following a massive security breach at Target, but many aren't taking steps to ensure their data is more...
View ArticleFormer MNB CEO Lunsford Bridges Now Consulting for Simmons
Lunsford Bridges, long-time president and CEO of Metropolitan Bank, is now consulting for Simmons First National Bank, which acquired Metropolitan last year, in a "supervisory role."
View ArticleArkansas Jobless Rate Falls to 7.4 Percent
The unemployment rate in Arkansas dropped one-tenth of a percentage point to 7.4 percent in December, according to the Arkansas Department of Workforce Services.
View ArticleFed to Reduce Pace of Bond Buying by Another $10B
Given the U.S. economy's growing strength, the Federal Reserve pushed ahead Wednesday with a plan to shrink its bond-buying program, even though the prospect of reduced stimulus and higher interest...
View ArticleUS Economy Grew at 3.2 Percent Rate in 4Q
The U.S. economy grew at a 3.2 percent annual rate in the October-December quarter on the strength of the strongest consumer spending in three years, an encouraging sign for 2014.
View ArticleUpdate: Bank of the Ozarks to Buy Summit Bancorp for $216M
Bank of the Ozarks Inc. of Little Rock announces a $216 million deal to buy Summit Bancorp Inc. of Arkadelphia, continuing a streak of Arkansas bank mergers that began last year. The deal will also be...
View ArticleNew Name in the Works for Metropolitan National Bank Tower
The tallest building in Arkansas will be getting a new name once Simmons First National Corp. successfully integrates Metropolitan Bank properties.
View ArticleHolcombe Heights Apartments Bought by Dallas Firm
A tri-party deal has moved the 125-unit Holcombe Heights apartment project in Little Rock out of foreclosure.
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