Banking & Finance Archive

Survey: 42 Percent of Arkansans Expect Personal Financial Situation to Improve Soon

by Alexis Crowe 11/1/2016 11:14 am

Arkansans' expectations of their personal financial situations in the future have improved since March, even if they say their personal finances have not changed much from a year ago, a new survey finds.

Michael Heald, Bradley Paul Acquitted in Bank Fraud Case

by Gwen Moritz 10/31/2016 05:31 pm

Two former One Bank & Trust executives were found not guilty Monday after a three-week jury trial in federal court in Little Rock.

SPONSORED: Which Political Party Does the Market Prefer?

by 10/31/2016 08:59 am

Consumers drive the market more than votes, so stick to a sound financial plan and don't panic over election results.

Texas Bank Wants Walter Quinn's Riverview Home in Foreclosure

by Arkansas Business Staff 10/31/2016 12:00 am

Prosperity Bank of El Campo is seeking possession of Quinn's 7,490-SF home in the Riverview Point neighborhood.

WLR Apartment Land Draws $2.5M Sale (Real Deals)

by George Waldon 10/31/2016 12:00 am

Madison at Chenal LLC, led by Brandon Huffman and Graham Smith, bought the 5,000-SF office-warehouse at 15500 Kanis Road and an adjoining 12.8-acre tract.

Arvest Adds John Burgess to Board (Movers & Shakers)

by Arkansas Business Staff 10/31/2016 12:00 am

John Burgess has joined the Arvest Bank board of directors in central Arkansas.

Arvest-Central Arkansas CEO Jim Cargill on the Difference Between Service and Expense

by Arkansas Business Staff 10/31/2016 12:00 am

Jim Cargill has been with Arvest for more than 30 years, where he is currently president & CEO of Arvest Bank-Central Arkansas.

Two Financial Centre Sold for $11.3M

by Arkansas Business Staff 10/27/2016 09:22 am

Two Financial Centre at 10825 Financial Centre Parkway in west Little Rock sold for $11.3 million to local investment group Two Financial Centre Holding Co., the Kelley family and the Flake family.

Ross Family Gives $1M to Baptist Preparatory School

by Arkansas Business Staff 10/25/2016 01:39 pm

Mark and Dianne Ross have given $1 million to The Baptist Preparatory School of Little Rock, officials said Tuesday.

Fed's James Bullard: Only One Rate Hike Needed Now

by Lance Turner 10/25/2016 10:12 am

James Bullard, president of the Federal Reserve Bank of St. Louis, says one hike to a key interest rate is all that's needed right now.

Allied Auction Saw More Banks Bid; Chambers Garnishes Golden's Last Paycheck

by Arkansas Business Staff 10/24/2016 12:00 am

The OREO component separated Today's Bank's winning bid of a negative $6.14 million from the pack. And in its collection efforts, Chambers last month garnished an $886 paycheck, one of Lex Golden's last paydays at Allied.

Online Recruitment Works If Done Correctly, Experts Say

by Sarah Campbell 10/24/2016 12:00 am

Automated job-match programs — like Monster, Indeed, Glassdoor, Career Builder, Dice and the state-run Arkansas JobLink — are still useful, but experts say employers have to use them smartly to get the best results.

Signs of the Times (Gwen Moritz Editor's Note)

by Gwen Moritz 10/24/2016 12:00 am

Most of us who have been in the workplace for a while have encountered the most frustrating kind of co-worker: the one whose hard skills are good, or good enough, but whose soft skills create tension.

A Holiday Proposal (Editorial)

by Arkansas Business Editors 10/24/2016 12:00 am

To those who think we already have too many federal holidays, we tend to agree. That's why we're proposing eliminating Columbus Day and replacing it with Election Day.

Employment, Earnings Tied to Education Credentials

by Arkansas Business Staff 10/24/2016 12:00 am

Unsurprisingly, the more education a worker has the likelier she is to have a job and the higher her earnings are, although a professional degree — physician, lawyer — means both a lower unemployment rate and higher earnings than a doctoral degree.

No Surprise: Higher Pay Helps Attract, Retain Employees

by Mark Friedman 10/24/2016 12:00 am

All industries, from health care to manufacturing, have faced a shortage of workers. Kathy Deck, director of the Center for Business & Economic Research at the Sam M. Walton School of Business at the University of Arkansas, says increasing pay would be the first action she would suggest when companies can't find the right workers to fill positions.

Employers Seek Hires With Soft Abilities Like Attitude, Teamwork

by Kyle Massey 10/24/2016 12:00 am

“Skills gap” discussions often pivot on abilities or qualifications that employers find in short supply, but broader communication and human interaction traits are more likely to determine success or failure on the job, human resources experts say.

$2.8 Million Transaction Visits LR's Legacy Hotel (Real Deals)

by George Waldon 10/24/2016 12:00 am

SHG Management LLC, led by Kishan Patel, bought the 86-room Legacy Hotel at 625 W. Capitol Ave. The seller is Southern Comfort Inns Inc., led by Amin Amarshi.

Planned Bank Buy Not First Time for Pinnacle, Central to Consider Merger

by George Waldon 10/24/2016 12:00 am

In 2009, Central Bank of Little Rock intended to merge with Pinnacle Bank of Rogers under the Pinnacle Bancshares banner. At the time, Pinnacle Bank's asset total stood at $126 million.

Gurdon Girding for More Bank Competition

by George Waldon 10/24/2016 12:00 am

The competitive field of banks in southern Clark County could triple in the near future. Bank of Delight (Pike County) has opened a branch in Gurdon, and Southern Bancorp Bank of Arkadelphia intends to open operations there.