Banking & Finance

Kathy Deck, Marc Fusaro Share Arkansas Outlook at Arvest Forum

Kathy 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 spending.
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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).
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Marshals 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. announced Monday a $2 million donation to the museum.
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Gary Rickenbach Offers Conditional Guilty Plea in One Bank Case

Gary Rickenbach, the former senior executive vice president of One Bank & Trust of Little Rock, offered a conditional guilty plea in federal court provided the judge agrees to sentence him to two years of probation. read more >

Survey: Arkansans Optimistic About Personal Finance, Buying Conditions

Arkansans remain optimistic, slightly less so than in March, about their personal financial situations, according to the second phase of the Fall 2015 Arvest Consumer Sentiment Survey released Tuesday. read more >

Simmons First Unveils Plan to Move Pine Bluff Forward

Simmons First National Corp. is leading a coalition of civic, business and government leaders in Pine Bluff in an initiative called "Go Forward Pine Bluff" designed to invigorate the city and grow its tax base. The bank will fund the effort through its Simmons First Foundation. read more >

BHL Makes Claim Against OneFinancial on Maumelle Office Building

Johnelle Hunt, through BHL Financing LLC, filed a lien on the Parker Building in Maumelle in connection with a default judgment of $14.7 million against OneFinancial, the holding company of One Bank & Trust. read more >

Lawsuit Postponed as Hot Springs Developer Goes Bankrupt

A Hot Springs developer filed for Chapter 7 bankruptcy protection last week and listed $2.46 million in debt and just $100 in assets. read more >

Co-conspirator in Joyce Judy Investment Scam Pleads Guilty to Felony

Three of the four central characters in the international investment scam that sent Joyce Judy, former president of a Little Rock credit union, to federal prison are now convicted felons. read more >

Regions Bank Recognizes Tanya Bonham Scott (Movers & Shakers)

Tanya Bonham Scott, a branch manager for Regions Bank in Little Rock, has received the bank's Better Life Award for October 2015. read more >

Simmons Snags Arvest's Greg Martin as Top NWA Executive

Greg Martin, a senior vice president at Arvest Bank in Fayetteville, has been hired to succeed James Stobaugh as Simmons First National Bank's top executive in northwest Arkansas. read more >

Arkansas Capital Corp. Changing Funding Model

Arkansas Capital Corp. of Little Rock will no longer work with state government to provide small-business loans. For the first time in the organization's almost 60-year history, its funding model is changing. read more >

Rodney West to Take Over for Mike Flynn as Simmons Fort Smith President

Rodney West has been named Fort Smith community president for Simmons First National Bank, the bank announced Thursday. West will replace Mike Flynn when Flynn retires at the end of the year. read more >

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