Deposits in Arkansas Banks Grow by 2.7 Percent

by Gwen Moritz  on Monday, Nov. 5, 2012 12:00 am  

John Womack, CEO of Arvest in central Arkansas: “We lead with deposits. We think that’s the most important thing to get.” (Michael Pirnique)

Bank deposits in Arkansas grew by 2.7 percent to $53.4 billion in the 12 months that ended June 30, much slower than the national pace (8.5 percent) for the second straight year. But that's just an average, and some Arkansas banks were grabbing deposits with both hands while others were taking a pass.

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