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First Security Bank First in Faulkner County

1 min read

This week, Arkansas Business takes a deep dive into bank deposit market share in the 19 counties with the largest total deposits.

If you aren’t a bank geek, it might make your eyes cross.

But we did note this: First Security Bank, the Searcy bank owned by Reynie Rutledge, overtook publicly traded Centennial Bank in Faulkner County — Centennial’s home county.

Not by much, mind you; less than $10 million in a countywide market of almost $1.8 billion. But First Security grew its Faulkner County deposits by 7 percent in the year that ended June 30, while Centennial lost a half of a percent.

“We have a good group in Conway,” Rutledge told Whispers.

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