Small Banks in Arkansas Feel Consolidation Pressures

by George Waldon  on Monday, Aug. 6, 2012 12:00 am   4 min read

Dave Dickson, president of Union Bank & Trust in Monticello, helped organize an alliance of nine community banks in southeast Arkansas. The lending competitors are working together to find ways to reduce costs and boost earnings during these trying times.

More consolidation expected among community bankers, squeezed by regulatory requirements and market pressures.

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