Banking & Finance Archive

Jeremy Hutchinson Faces Foreclosure

by Arkansas Business Staff 11/12/2018 12:00 am

First Security Bank filed a foreclosure complaint against Jeremy Hutchinson on Oct. 31, saying he was in default and owed the bank at least $338,001 for the principal of the mortgage on his west Little Rock condo.

The Next Generation of Women Entrepreneurs (Heather Albright and Matt De Luca Commentary)

by Heather Albright and Matt De Luca 11/12/2018 12:00 am

The path is being paved for the next generation of female CEOs, but the decision to start your own company can still be difficult.

VOTE (Editorial)

by Arkansas Business Editors 11/5/2018 12:00 am

Tuesday is upon us, so vote if you haven't already. We owe it to the dead. We owe it even more to the living.

Winning the Two-Week Sale (Craig Douglass On Consumers)

by Craig Douglass 11/5/2018 12:00 am

Have you taken advantage of the special two-seek sale going on? Political consumers have. It's the sale sponsored by our democracy. And if you're not participating, you're missing out!

Hammons WLR Land Sells for $3.6M (Real Deals)

by George Waldon 11/5/2018 12:00 am

Three parcels totaling 7.36 acres in west Little Rock exited bankruptcy after a $3.6 million transaction.

Michael Neathery Joins Relyance (Movers & Shakers)

by Arkansas Business Staff 11/5/2018 12:00 am

Michael Neathery is the new senior vice president and senior accounting officer for the senior management team at Relyance Bank of Pine Bluff.

Synchrony Responds to Walmart's $800M Lawsuit

by Arkansas Business Staff 11/2/2018 02:58 pm

Synchrony issued a statement on Friday in response to the lawsuit filed Thursday by Walmart Inc. in U.S. District Court for the Western District of Arkansas.

Community Bankers Group, Venture Center Launch New Accelerator

by Sarah Campbell-Miller 10/31/2018 10:56 am

´╗┐The Independent Community Bankers of America is partnering with The Venture Center in Little Rock to launch the ICBA ThinkTech Accelerator, a community bank-focused fintech accelerator program.

SBA Loans in Arkansas at $214M, Up 5 Percent

by Arkansas Business Staff 10/30/2018 10:27 am

The U.S. Small Business Administration said Monday that it approved more than $214 million in loans to Arkansas small businesses for fiscal year 2018, up 5 percent from the previous year.

Landing Camp Pike: War Brought Unusual Opportunity

by George Waldon 10/29/2018 12:00 am

America's entry into the First World War set the stage for a historic economic development opportunity that business leaders in Little Rock seized back in the spring of 1917.

Rick Schaeffer Fights Back Against Foreclosure Sale

by Arkansas Business Staff 10/29/2018 12:00 am

Rick Schaeffer, the former University of Arkansas sports information director and basketball analyst, and his wife, Adelaide, have gone back to court to keep a bank from selling their Fayetteville home.

Portion of Former Conway Airport Bought for Future Fountaine Bleu

by Arkansas Business Staff 10/29/2018 12:00 am

Apartment land in Conway, an office-warehouse project in North Little Rock and foreclosed property dominated by Little Rock addresses form this week's trio of million-dollar deals.

Bank OZK Adds Drew Mentzer (Movers & Shakers)

by Arkansas Business Staff 10/29/2018 12:00 am

Drew Mentzer has joined the Bank OZK team in Little Rock as assistant vice president and commercial lender.

Ozark Natural Foods Purchases New Space (NWA Real Deals)

by Marty Cook 10/29/2018 12:00 am

Ozark Natural Foods paid $3.6 million for a vacant grocery store at College Avenue and East Lafayette Street just north of downtown Fayetteville.

Naming the Baby (Gwen Moritz Editor's Note)

by Gwen Moritz 10/29/2018 12:00 am

Finding the perfect name, one that makes just the right impression for a small bank intending to be larger, may be harder to come by than naming your own kid.

Hillview Village Visited by $3M Transaction (Real Deals)

by George Waldon 10/29/2018 12:00 am

Hillview Village of North Little Rock LLC, led by Dusty Duke and Darrell Robinson, bought its namesake project at 2540 W. Pershing Blvd. from Hillview Village Ltd. of Frisco, Texas.

Arkansas Personal Consumption Spending Up 2.5 Percent

by Arkansas Business Staff 10/29/2018 12:00 am

Personal consumption expenditures in the United States rose 4.3 percent in 2017, according to the U.S. Bureau of Economic Analysis.

A Practical Way to Build Culture (Barry Goldberg On Leadership)

by Barry Goldberg 10/29/2018 12:00 am

Organizational culture is often fuzzy. It is too easy to create a lofty, aspirational set of principles that read well but lose their power when it comes to practical day-to-day operations. That fuzziness is evident in the way most leaders even define culture.

Gas Pos Relocates to NLR, Will Create 30 Jobs

by Arkansas Business Staff 10/26/2018 10:26 am

Gas Pos announced Thursday that it has relocated its headquarters to North Little Rock from Birmingham, Alabama, and will create 30 high-paying technology jobs.

US Average Mortgage Rates Edge Up; 30-Year at 4.86 Percent

by Associated Press 10/25/2018 11:01 am

Long-term U.S. mortgage rates edged slightly higher this week amid continued anxiety in financial markets as interest rates rise.