Banking & Finance

Today's Bank Named Receiver for Undercapitalized Allied Bank

Today's Bank Named Receiver for Undercapitalized Allied Bank
Lex and Alex Golden, in file art from 2010, control Acme Holding Co.

State and federal bank regulators on Friday named Today's Bank of Huntsville as receiver for Allied Bank, the Mulberry bank whose parent company, Acme Holding Co., is in Chapter 7 bankruptcy.
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Developer Brandon Woodrome Pleads Guilty to Fraud

Brandon Woodrome, a northwest Arkansas real estate developer, pleads guilty to one count each of bank fraud and wire fraud.
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Batesville Impact Plan Living Up to Its Name

Fresh eyes, strategic planning, youthful energy and cold, hard cash are shaking up Batesville, a college town on the jagged edge of the Ozarks that is burdened with many of the same challenges as the Delta that's just minutes away.
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United Federal Credit Union Wins Top Honor at Best Places to Work Awards

Arkansas Business and the Best Companies Group honors 29 Arkansas companies with "Best Places to Work" awards, which honor firms that have exceptional workplace environments. read more >

Fed Keeps Key Rate Unchanged But Hints of Coming Hike

The Federal Reserve is keeping its key interest rate unchanged but signaling that it will likely raise rates before year's end. read more >

Skyline Report: New Construction, Occupancy Strong in Northwest Arkansas

The vacancy rate on commercial property in northwest Arkansas is 12.7 percent, up from 12.4 percent in the second half of 2015, according to the Arvest Bank's Skyline Reports for the first six months of 2016. read more >

Arkansas Among 21 States Suing to Block Overtime Pay Expansion

A coalition of 21 states sued the U.S. Department of Labor Tuesday over a new rule that would make about 4 million higher-earning workers eligible for overtime pay. read more >

Arkansas Unemployment Rate Unchanged at 3.9 Percent

Arkansas' August unemployment rate was unchanged at 3.9 percent, according to the state Department of Workforce Services. read more >

SPONSORED: Deferring Real Estate Tax Gains Can Be An Effective Tax Strategy

If you're considering selling commercial property or trading up on a second home, you should consider a like-kind exchange. read more >

University of Arkansas Announces $1B Fundraising Goal

The University of Arkansas has announced the start of a fundraising campaign that officials hope will raise $1 billion. read more >

Phil Herrington Files Bankruptcy as Attorney for Oklahoma Development

Little Rock developer Philip Herrington recently filed a Chapter 11 reorganization for one of his developments in Oklahoma City. read more >

Education a Cornerstone of Batesville's Strategic Plan

Making sure the children of Independence County have the educational opportunities necessary to escape poverty is a cornerstone of the Impact strategic plan that Baldwin worked on when he was chairman of the Batesville Area Chamber of Commerce. read more >

Towne Oaks Duo Draws $10 Million Transaction (Real Deals)

An affiliate of the AndMark real estate investment firm of Los Angeles bought the 152-unit Towne Oaks Apartments at 9300 Treasure Hill Road and the 64-unit Towne Oaks Village Apartments at 9600 Southedge Drive. read more >

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