Tagged: chambers bank

New Staff Members Start at Stone Bank in North Arkansas (Movers & Shakers)

by Arkansas Business Staff 11/20/2017 12:00 am

Casey Patrick Whitney has joined Stone Bank in Harrison as assistant vice president and customer service manager, and Melissa Ring is a new customer service representative at the Mountain View office.

East Harding's Donna Clark Begins New Role at Springdale Branch (NWA Movers & Shakers)

by Arkansas Business Staff 11/6/2017 12:00 am

Donna Clark has been promoted to senior project manager/senior estimator in the Springdale office of East Harding Construction of Little Rock. Clark has also been selected for the Leadership Fayetteville class for 2017-18.

Landi Mkhize of Chambers Bank (Finalist: Bank CFO)

by Arkansas Business Staff 10/23/2017 12:00 am

In 2013, Landi Mkhize followed the time-honored path from bank examiner to bank officer, hiring on as CFO at a bank he had become familiar with earlier in his stint with the Bank Department.

Roles Shift in Golden Bankruptcy

by Arkansas Business Staff 3/27/2017 12:00 am

The early stages of the Chapter 7 bankruptcy of Lex and Ellen Golden have had a revolving door quality.

Lex Golden Lists Nearly $8 Million in Liabilities in Bankruptcy Filing

by Arkansas Business Staff 3/6/2017 12:00 am

Lex Golden, the Little Rock banker who once controlled two Arkansas financial institutions, recently filed Chapter 7 bankruptcy.

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.

Chambers Bank Lands $2 Million Golden Judgment

by George Waldon 7/25/2016 12:00 am

The latest ruling is one in a string of lawsuits spawned by the bankruptcy of Acme, the parent company of Allied Bank of Mulberry. Under the Golden family’s ownership and management, the bank has lost more than $14 million since 2010.

Lex Golden Sues Chambers Bank Over Failed Bank Buys

by Arkansas Business Staff 7/18/2016 12:00 am

Lex Golden and his wife, Ellen, sued Chambers Bank of Danville in Crawford County Circuit Court alleging the lender essentially was responsible for causing all their money troubles.

All’s Quiet on the Acme Bankruptcy Front

by George Waldon 5/9/2016 12:00 am

The parent company of Mulberry’s Allied Bank marked its second year in bankruptcy last month.

John Chambers III, Others Appointed to Arkansas Tech Board of Trustees

by Arkansas Business Staff 1/21/2016 4:25 pm

John Ed Chambers III of Danville was elected by his fellow trustees to serve as 2016 chairman of the Arkansas Tech University Board of Trustees during a meeting on Thursday.

Parkway Sale: Failed Foray Sets the Stage

by George Waldon 11/9/2015 12:00 am

The pending sale of Parkway Bankshares Inc. of Portland (Ashley County) will end an 11-year struggle to make profitable inroads in northwest Arkansas.

Allied Access Sore Subject Between Chambers Bank, Acme Holding

by Arkansas Business Staff 9/28/2015 12:00 am

The testy relationship between Acme Holding Co. and the leading creditor in its bankruptcy, evident in a two-day hearing in April, hasn’t improved.

Chambers Bank Lets Go of Westside Village OREO Property

by Arkansas Business Staff 9/21/2015 12:00 am

Chambers Bank of Danville has agreed to sell one of its seven OREO properties in Springdale to a Fayetteville investment group.

Trustee Hopes to Avoid Allied Bank Stock Auction

by George Waldon 8/17/2015 12:00 am

A new player has emerged in the bankruptcy case of Acme Holding Co. since its Chapter 11 reorganization was converted to Chapter 7 liquidation by judicial decree last month.

Third Lawsuit Opens Between Chambers Bank, Golden Family

by Arkansas Business Staff 7/27/2015 12:00 am

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

Judge Orders Liquidation of Allied Bank Parent Company

by George Waldon 7/24/2015 11:06 am

U.S. Bankruptcy Court Judge Ben Barry orders the liquidation of Acme Holding Co., the parent company of Allied Bank of Mulberry.

Allied OREO Auction To Include Bank Branches

by George Waldon 7/20/2015 12:00 am

The balance sheet of Mulberry’s Allied Bank is positioned to undergo a third-quarter makeover after a July 21-24 real estate auction. The $107 million-asset lender intends to liquidate a chunk of its OREO portfolio during the four-day event.

Acme Files New Suit Against Chambers in Branch Tussle

by Arkansas Business Staff 6/29/2015 12:00 am

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.

Future of Allied Bank Could Be Decided by June Ruling in Acme Case

by George Waldon 5/25/2015 12:00 am

Three of the largest creditors of Acme Holding Co. recently submitted briefs in support of converting the bank holding company’s Chapter 11 reorganization to Chapter 7 liquidation.

Acme Holding: No Dividends Weigh Heavily

by George Waldon 4/27/2015 12:00 am

Did creditors representing $9.5 million worth of debt convince U.S. Bankruptcy Court Judge Ben Barry that Acme Holding Co. is a lost cause? A ruling in their favor could result in the second auction of an Arkansas bank in three years.