Banking & Finance

Arvest Survey: Arkansans Making Major Household Purchases
Kathy Deck

Arvest Survey: Arkansans Making Major Household Purchases

Arkansas consumers have more student loans but are carefully paying bills and making large purchases, according to the third installment of the spring 2015 Arvest Consumer Sentiment Survey. The survey said that 24 percent of Arkansas respondents plan to make a major household purchase in the next six months.
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Bruised Lender Makes Showing Atop Best ROAs

An eclectic group emerged from the first quarter as top-performing lenders based in Arkansas. Measured by return on assets, the group of 10 represented large and small banks sprinkled around the state and a credit union. Two of the lenders are led by women.
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Eagle Bank To Make New Nest in Saline County

Eagle Bank eased into the Conway market last year by opening a loan-production office and then converting it to a full-service branch. Now the Little Rock bank is planning the same kind of assault on Saline County.
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Bear State to Buy Missouri Bank for $70M

Bear State Financial Inc. of Little Rock, the publicly traded holding company for Bear State Bank, announced Monday that it will pay $70 million for a bank in Springfield, Missouri. The deal will push Bear State's asset base to about $2 billion and expand its network to 55 branches.
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Slideshow: 40 Under 40 Honorees Recognized At Luncheon

The 2015 class of Arkansas Business' 40 Under 40 were honored at a luncheon at the Embassy Suites in Little Rock on Wednesday. Each honoree gave a brief acceptance speech and answered questions such as, “What advice would you give your 20-year-old self?” and “What do you want your legacy to be 20 years from now?” read more >

Acme Files New Suit Against Chambers in Branch Tussle

Acme Holding Co., the parent company of the $107 million-asset Allied Bank of Mulberry, recently opened a new front in the ongoing financial dispute with its lead creditor. read more >

Church Buys Adjacent Site For $405,000 (NWA Real Deals)

St. Paul's Episcopal Church of Fayetteville bought the building that housed the law firm of Estes, Gramling & Estes at 19 Dickson St. read more >

Denver Firm Pays $6M For Westgate Center (Real Deals)

The sale of a 53,000-SF retail center in Little Rock weighed in at $6 million. A 43,798-SF retail building is undergoing redevelopment as a warehouse after a $1.2 million deal. And a 12,175-SF office-warehouse project in the Riverdale area of Little Rock changed hands in a $714,000 sale. read more >

Home Ownership in Arkansas (Scott McElmurry Commentary)

For several generations, owning a home has represented the biggest investment most people make, and it's at the top of the list of items that define the “American Dream.” Conventional wisdom has held that homeownership is a critical facet to overall financial stability. A recent survey revealed that while most respondents thought that owning a home is a good investment, their perception of the investment as “safe” has changed. read more >

Number of Women-Owned Arkansas Businesses Rises

The number of women-owned businesses in Arkansas has increased by 73 percent since 1997, according to the fifth annual State of Women-Owned Business Report. read more >

Bryan Burks Named VP of Advancement at Harding

Burks currently is dean of the Paul R. Carter College of Business Administration at Harding. His appointment becomes effective July 15. He will direct Harding's advancement efforts and lead a team of seven fundraising professionals in the office. read more >

Arkansas Business Presents the 40 Under 40 Class of 2015

This week's Arkansas Business is dedicated to our 22nd class of 40 Under 40 honorees, those young leaders of business, government and nonprofits that our internal selection team believes readers need to know. read more >

No Timetable for Plea Deal in Dennis Smiley Jr. Case

Whispers admitted it was going out on a limb by predicting in April that a plea deal for Arvest Bank's former Benton County market president Dennis Smiley Jr. was likely within a couple of weeks. read more >

McClelland Consulting Engineers Adds Three to Fayetteville Office (Movers & Shakers)

Adam Lesso, William Fellows and Nick Batker have been hired by McClelland Consulting Engineers Inc. and will work from its Fayetteville office. read more >

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