Arkansas Credit Unions Join Texas League

by Gwen Moritz  on Monday, Oct. 28, 2013 12:00 am  

Diamond Lakes had assets of $60.4 million at the end of June. It was the 10th largest in the state at the end of 2012.

Village Peoples has assets of just under $1.5 million.

Hope Credit Union Honored With McNulty Prize

Hope Credit Union, headquartered in Jackson, Miss., but with branches in College Station and West Memphis, and its CEO, Bill Bynum, were named last week as recipients of the sixth annual John P. McNulty Prize by the Aspen Institute and the McNulty Foundation.

The $100,000 prize “recognizes the spirit of innovation and excellence of private-sector leaders who use entrepreneurship to address important global social issues.”

Since 2008, Hope Credit Union has expanded from three branches to 15 in Mississippi, Louisiana, Tennessee and Arkansas, has increased its membership from 9,000 to 28,000 and has made more than 7,200 consumer, mortgage and small business loans totaling more than $260 million. It has $169 million in assets.

First-Ever Payroll Companies List

This week, Arkansas Business debuts its first list of payroll companies.

It’s a short list as only those companies that would disclose their number of Arkansas business clients were included in the ranking. CPA firms that provide payroll services only as an adjunct to other accounting services were excluded.

Payroll companies that would like to be included in future lists are invited to contact Roxanne Jones at



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