Former Allied Ally Latest To File Lawsuit Against Acme Owners
A new lawsuit has arisen from the financial meltdown of Acme Holding Co., parent company of the $98.6 million-asset Allied Bank of Mulberry (Crawford County). The suit seeks $178,082 each from two...
View ArticleMarshals Museum Marks $2M Gift From Sicard Family, Friends
The U.S. Marshals Museum of Fort Smith, the family of the late Samuel M. Sicard and First Bank Corp. of Fort Smith announced Monday a $2 million donation to the museum. The money will fund the Samuel...
View ArticleArvest Report: Consumer Sentiment Declines in Arkansas
Arkansans' opinions about the economy have fallen since March, bringing a key consumer sentiment measure more in line with national attitudes, according to a new report sponsored by Arvest Bank. The...
View ArticleKathy Deck, Marc Fusaro Share Arkansas Outlook at Arvest Forum
Construction employment is continuing to grow, although economists fear it will drop off in 2016, and consumers are putting money saved from low gas prices into savings rather than using it on retail...
View ArticleWingfield, Roberts Honored for Lifetime Achievement at CFO of the Year Event
Gena Wingfield, CFO of Arkansas Children's Hospital in Little Rock, and Bob Roberts, CFO at Baptist Health in Little Rock, were honored with lifetime achievement awards at the Arkansas Business CFO of...
View ArticleOfficials Break Ground in Bentonville for $21M 8W Center
Developers began construction this week on the $21 million, six-story 8W Center at 8th and Walton Boulevard across from the Wal-Mart Stores Inc. headquarters in Bentonville. The project will include...
View ArticleDowntown Springdale Alliance Hires First Director
The Downtown Springdale Alliance hired Misty Murphy to be the organization’s first executive director. Murphy is the trails coordinator with the Northwest Arkansas Council for the Razorback Regional...
View ArticleDeanna Brock Steps Up at First Service Bank of Greenbrier (Movers & Shakers)
Deanna Brock has been promoted to Conway vice president and commercial loan officer by First Service Bank of Greenbrier. Brock, a First Service employee for six years, had been a loan officer and...
View ArticleJohn Hancock Insurance Loan to Scooter Stuart Gains New Life in Lawsuit
The late Layton “Scooter” Stuart considered it a point of pride that he didn’t draw a salary as chairman, president and CEO of Little Rock’s One Bank & Trust. Stuart was able to do that in large...
View ArticleWith No Pending Acquisitions, Simmons Execs Enjoy Bank Holiday
George Makris is taking a little breather. “This is the first time we haven’t had a bank conversion on the schedule in over two years,” the president and CEO of Simmons First National Corp. of Pine...
View ArticleParkway Sale: Failed Foray Sets the Stage
The pending sale of Parkway Bankshares Inc. of Portland (Ashley County) will end an 11-year struggle to make profitable inroads in northwest Arkansas. Benton County presented an opportunity to...
View ArticleInvestment Group Headed by Johnelle Hunt Alleges Fraud in One Bank Lawsuit
Extraordinary items have provided the $329 million-asset One Bank & Trust with three quarterly respites from losses during the past 18 months. The biggest item recently was booked by the Little...
View ArticleFrank Lyon Jr. Dies at 74; Funeral Set For Thursday
Frank Lyon Jr., 74, who served in leadership roles at many companies, including the Coca-Cola Bottling Co. of Arkansas, died Sunday at his Little Rock home. A visitation is planned for from 4-6 p.m....
View ArticleBank of the Ozarks Buys C1 Financial of Florida in $402M Deal
Bank of the Ozarks Inc. of Little Rock said late Monday that it has purchased C1 Financial Inc. of St. Petersburg, Florida, and its wholly-owned bank subsidiary, C1 Bank, in all-stock deal worth $402.5...
View ArticleMalvern National Bank Opens New Branches in Little Rock, Conway
Malvern National Bank announced Friday the opening of two new bank branches, one at Gateway Town Center on Bass Pro Parkway in Little Rock and another on Markham Street in Conway. The location in...
View ArticleAEDC Hosts Workshops for Minority Business Owners
The Arkansas Economic Development Commission’s Small and Minority Business Division will host two workshops this month geared toward minority business owners. On Nov. 18, it will host the Certification...
View ArticleAverage US Rate on 30-Year Mortgage Jumps to 3.98 Percent
WASHINGTON — Average long-term U.S. mortgage rates this week rose sharply for a second straight week as expectations grew that the Federal Reserve may soon raise its key short-term interest rate....
View ArticleOne Bank Sues Insurance Broker Over 11-Year-Old Loan
Remember Debra Hoag? She’s the Chicago insurance broker who helped arrange the $20 million life insurance policy for the late Layton “Scooter” Stuart, former owner and CEO of Little Rock’s One Bank...
View ArticleTech Park Board Extends Property Deadline for Richard Mays
The Little Rock Technology Park Authority Board, meeting via conference call, voted late Monday afternoon to give Little Rock attorney Richard Mays until Friday to accept the board's offer of $845,000...
View ArticleFinancial Quarter Works to Host 'Pop-Up' Event, Finalize Branding
Financial Quarter organizers are working to implement phase one of a three-phase plan, beginning with a possible event in March that builds on the Little Rock Marathon. Creating the Financial Quarter...
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