Banking & Finance

Arkansas' Biggest Deals of 2014 Soar While Value Slips

Arkansas' Biggest Deals of 2014 Soar While Value Slips

The mergers and acquisitions spigots were opened wide last year in Arkansas. The number of big deals — those valued at $9 million or more — soared 38 percent, increasing to 101 in 2014 compared with 73 in 2013.
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Newly Renamed Anstaff Bank Plans Growth

The former First National Bank of Green Forest changes its name as part of an expansion mode, moving outside of its historic base of operations with a nongeographic label in its name. Anstaff has nine branches in Carroll, Boone, Madison and Newton counties.
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Arvest Mortgage CEO Bill Roehrenbeck Joins PNC Bank of Delaware

Bill Roehrenbeck, chairman and CEO of Arvest Mortgage Co. and Central Mortgage Co., has left to join PNC Bank of Wilmington, Delaware.
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Fed 'Patient' on Rates While Noting Improving Economy

The Federal Reserve reiterated Wednesday that it will be "patient" in raising interest rates from record lows even as the U.S. economy moves steadily closer to full health. read more >

Report: State Jobless Rate Down to 5.7 Percent

Arkansas' unemployment rate fell to 5.7 percent in December, dropping two-tenths of a percentage point from November, according to a report from the state Department of Workforce Services. read more >

Central Arkansas Regains Jobs Lost During Recession

Metroplan last month released its latest “Metro Trends: Economic Review and Outlook,” which examines what it calls “the new economy” in central Arkansas in the aftermath of the Great Recession. read more >

How A Trans-Atlantic Investment Scam Ensnared Credit Union President Joyce Judy

The following story of how the president of a small credit union in Little Rock was ensnared in an international investment scam was pieced together from depositions and exhibits filed in the North Carolina civil case and from official documents filed in the criminal cases. read more >

Simmons First 4Q Earnings Reach $12.6M

Simmons First National Corp. of Pine Bluff reports a 234 percent increase in fourth-quarter earnings, as the financial holding company integrated recent acquisitions, added to revenue streams and controlled expenses. read more >

US Supreme Court Won't Hear Dispute Over Debit Card Fees

The Supreme Court on Tuesday rejected a challenge from retailers who claim the Federal Reserve allows banks to charge businesses too much for handling debit card transactions. read more >

HoganTaylor Foundation Accepting Grant Applications from Nonprofits

The HoganTaylor Foundation, run by HoganTaylor LLP of Tulsa, wants to help nonprofits. read more >

Phil Baldwin of Citizens Bank Says Nonprofit Experience Adds Perspective to Banking

Phil Baldwin is the president and CEO of Citizens Bank of Batesville. Before joining Citizens Bank, Baldwin was president and CEO of CredAbility, a nonprofit credit counseling agency based in Atlanta. read more >

Development Duo Joins Centennial Bank in Jonesboro (Movers & Shakers)

Joey Speir and Brock Ferguson have joined Centennial Bank in Jonesboro as business development officers. read more >

First Southern Bank Missed Red Flags With Kevin Lewis Fraud, BKD Says

The accounting firm BKD LLC is blaming the collapse of First Southern Bank in Batesville on the failure of bank officers and officials to detect former Little Rock attorney Kevin Lewis' fraud. read more >

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