James Bullard, president of the Federal Reserve Bank of St. Louis, fielded questions Friday about President Donald Trump's pick to head the Federal Reserve Board, the GOP tax plan and the future of banking regulations.
Employers in the Federal Reserve's Eighth District, which includes all of Arkansas and parts of six nearby states, say they are raising starting wages and salaries to attract new workers amid a tight labor market.
The Allied Bank staff was still a little shell-shocked when they convened at the main office in Mulberry on Saturday, Sept. 24. The day after regulators took over the $66.3 million-asset lender, employees gathered to learn what the future held under the new ownership of Today’s Bank of Huntsville.
It is undeniably the smaller banks — the ones that don’t have 1.5 million real customers, much less that many phony accounts — who have paid and are paying and will continue to pay the most for the bad acts of the banks that are too big to fail.
Michelle Smith has been hired by BancorpSouth Bank as an assistant vice president and manager of the Riley Farm branch in Fort Smith. Smith, who has 26 years of banking experience, was previously with Simmons Bank.