Peoples Bank Names Debbie Arnold as VP
Debbie Arnold has joined Peoples Bank as Vice President of Marketing according to Mary Fowler, President and CEO.
View ArticleSecurities Department Issues Third Order Against Timothy Lilly
A Mayflower man with a history of problems with state regulators is the subject of a cease-and-desist order issued Thursday by Arkansas Securities Commissioner Edmond Waters.
View ArticleFirst Community of Batesville Reaches $1 Billion Mark
First Community Bank of Batesville reached $1 billion in assets on July 31, four days before its 18th birthday, Chairman and CEO Dale Cole announced.
View ArticleBeing Interesting to Buyers (Jim Karrh On Marketing)
The rules of customer engagement have changed dramatically in recent years: Your potential buyers know more — or at least believe that they know more — than ever.
View ArticleThe Grad Student Debt Bomb (Editorial)
Federal programs that encourage massive borrowing by grad students and then allow much of the debt to be “forgiven,” a deceptively benign term, are behind this disturbing trend. And critics from both...
View ArticleCorrelation ≠ Causation (Gwen Moritz Editor's Note)
American Banker published last week a thought-provoking article by Victoria Finkle headlined “Is Dodd-Frank Really Killing Community Banks?” I'm not one of those old-school editors who object to...
View ArticleBy the Numbers: Gambling in Arkansas
A look at wages and payouts from games of chance in Arkansas.
View ArticleChinese Stock Market Plunge Causes Global Rout
World stock markets plunged on Monday after China's main index sank 8.5 percent — its biggest drop since the early days of the global financial crisis — amid deepening fears over the health of the...
View ArticleHere's Why Stocks Are Tumbling 6 Years into the Bull Market
For years, investors in U.S. stocks shrugged off threats — a government shutdown, fear of a euro collapse, a near U.S. debt default — and just kept on buying. Now, buyers are hard to find.
View ArticleMike Huckabee Criticizes China, Trade Deals after Market Drop
Republican presidential hopeful Mike Huckabee accused China on Monday of reneging on trade deals and continued his push for a national sales tax.
View ArticleDennis Smiley Jr. to Enter Guilty Plea Today
H. Dennis Smiley Jr., the former president of Arvest Bank's Benton County market, will waive indictment Tuesday morning and enter a plea of guilty in federal court to one count of bank fraud, sources...
View ArticleUS Economy Surged at 3.7 Percent Rate in April-June Quarter
The U.S. economy posted a much bigger rebound in growth during the spring than previously reported, thanks to improvements in a number of areas including consumer spending and business investment.
View ArticleMartha Shoffner, Convicted of Bribery, to Be Sentenced Today
Former Arkansas Treasurer Martha Shoffner is scheduled to be sentenced for her convictions on extortion and bribery charges. Prosecutors have asked the federal judge to make Shoffner an example for...
View ArticlePark Avenue Lofts Sells In $36M Transaction (Real Deals)
ER Park Avenue Apartments LLC, an affiliate of Equity Resources LLC of Birmingham, Alabama, purchased Park Avenue Lofts at 320 S. University Ave. The development previously was linked with a February...
View Article‘Living Beyond His Means' Catches Up With Dennis Smiley Jr.
Henry Dennis Smiley Jr. — the Jr. matters in this case — pleaded guilty Tuesday to a single count of bank fraud. But the plea agreement identifies 23 banks as his victims, and that doesn't include...
View ArticleSins of Commission And Omission (Gwen Moritz Editor's Note)
Waiving his right to be indicted by a federal grand jury and pleading guilty has made Dennis Smiley Jr.'s prosecution faster and cheaper for all concerned, but it also means that there are a lot of...
View ArticleAFCU Withdrawn from Tech Park Package
Arkansas Federal Credit Union was uninvited from participating in the consortium of lenders providing a $17.5 million financing package for the Little Rock Tech Park at the request of the Arkansas...
View ArticleFirst National Bank of Lawrence County Bilked of at Least $3.9M
First National Bank of Lawrence County has been the victim of a fraud valued at approximately $3.9 million, President and CEO Milton Smith has acknowledged.
View ArticleBentonville Retains Top Spot on ATBI
Bentonville retains its spot atop the Arkansas Tech Business Index, while eight of the 18 cities listed on the index finished the second quarter of 2015 with a rating greater than 100.
View ArticleSouthern Bancorp Community Partners Raises $2.5M to Expand Loans
Southern Bancorp Community Partners has raised $2.5 million toward a $5 million goal to expand its revolving loan fund for underserved communities in Arkansas and Mississippi.
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