Banking & Finance

Regions Insurance's Fred Stone on the Most Important Item Your Company Should Protect
Fred Stone

Regions Insurance's Fred Stone on the Most Important Item Your Company Should Protect

In 2005, Fred Stone became CEO of Rebsamen Insurance, which changed its name in December 2007 to Regions Insurance. Stone lives in Rogers and commutes most weeks to Little Rock.
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Bear State Posts $2.5M Profit in 2Q

Bear State Financial Inc. of Little Rock, the publicly traded holding company for Bear State Bank, announced Friday second quarter 2015 earnings of $2.5 million.
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Southern Bank Now Offering Security App

Southern Bank — a $1.3 billion financial institution based in Missouri, but with locations in seven Arkansas cities — has launched CardValet, a security service in mobile app form allowing customers to control “when, where and how” their credit or debit card is used, a bank news release said.
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What $100 Means in Arkansas: A State-by-State Analysis

The Tax Foundation, a nonprofit that studies tax policy, last month published a map showing the real value of $100 in each state in the country.
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Mark Wilson Promoted to SVP/Chief Credit Officer at First Arkansas Bank & Trust (Movers & Shakers)

Mark Wilson, who has been with First Arkansas Bank & Trust of Jacksonville since 2001, has been promoted to senior vice president and chief credit officer. Since he joined the bank as a loan officer, Wilson has been involved in supervising online banking, debit cards and the Customer Service Call Center. read more >

Mary Beth Brooks: Farmers & Merchants' Offer a 'Surprise' But Made Sense

Selling the Bank of Fayetteville wasn't urgent, CEO Mary Beth Brooks said Friday morning, but after Farmers & Merchants Bankshares of Stuttgart expressed an interest, the deal made a lot of sense. read more >

Bank of the Ozarks Tops Bank Performance Scorecard

Three Arkansas banks ranked among Bank Director magazine's list of top mid-size performers in the country, with Bank of the Ozarks of Little Rock taking the No. 1 spot. read more >

US Economy Posts Solid 2.3 Percent Growth Rate in 2Q

After a harsh winter, the U.S. economy posted a solid rebound in the April-June quarter, led by a surge in consumer spending and a recovery in foreign trade. read more >

Arkansas Capital Corp. Gets CDFI Designation

The exclusive designation as a CDFI was made by the U.S. Department of Treasury Community Development Financial Institutions Fund. A CDFI is a specialized financial institution working in market niches underserved by traditional financial institutions. read more >

'Scooter' Stuart Family, Bank Reach Settlement Over $14.9M Forfeiture

A tentative settlement has been reached in the civil forfeiture of $14.9 million seized from Layton "Scooter" Stuart and his estate. The development has led to the postponement of the scheduled start of a trial in U.S. District Court on Aug. 17. read more >

Ross Whipple Family Gives $1.5M to Arkansas Children's Hospital

Arkansas Children's Hospital says it has received $1.5 million to help fund an endowed chair dedicated to research. read more >

Third Lawsuit Opens Between Chambers Bank, Golden Family

A third legal front has been opened in the financial disputes between Chambers Bank of Danville and the Lex Golden family of Little Rock. read more >

Dennis Smiley Lawsuits Settling Down

While Dennis Smiley Jr. awaits indictment or a plea deal on criminal charges, civil litigation continues in an effort to recoup losses from his financial wheeling and dealing. read more >

Bank Office Numbers in the U.S. Outpace Population

Despite the increased use of online and mobile banking, brick-and-mortar offices retain their dominance in the provision of banking services, at least for FDIC-insured institutions. read more >

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