Banking & Finance Archive

Citizens Sweeps In Former Simmons Execs This article is available only in print.

by Arkansas Business Staff 4/15/2019 12:00 am

Seven commercial lending and treasury management professionals have left Simmons Bank to help Citizens Bank of Batesville beef up its Little Rock operations.

Springdale Hopes Opportunity Strikes This article is available only in print.

by Marty Cook 4/15/2019 12:00 am

Daniel Hintz knows about revitalizing a city's downtown area and believes a new federal tax program could be just the ticket for Springdale's budding efforts.

Central Arkansas Average Weekly Earnings on Rise

by Arkansas Business Staff 4/15/2019 12:00 am

Private-sector workers in the Little Rock-North Little Rock-Conway metropolitan statistical area earned an average of $861.50 each week as of February 2019.

Community Bankers Tap Accelerator for New Tech This article is available only in print.

by Sarah Campbell-Miller 4/15/2019 12:00 am

Community banks lack the financial and human capital of their larger counterparts to invest in research and development, but they need new technologies all the same. Partnerships with financial technology startups are a practical way to address this need, four of the state's community bankers told Arkansas Business.

$10.5M Sale Brings New Owners to Landings (Real Deals) This article is available only in print.

by George Waldon 4/15/2019 12:00 am

An affiliate of Maxus Properties of North Kansas City, Missouri, sold the The Landings at Rock Creek at 13200 Chenal Parkway to companies based out of Midland, Texas.

IberiaBank's Greg Smithers Says Arkansas Markets Especially Competitive

by Arkansas Business Staff 4/15/2019 12:00 am

Greg Smithers, the regional president of IberiaBank, says he's amazed by the level of competition in the banking industry in Arkansas.

LaTricia Hill-Chandler Ready to Lead Arvest's Diversity Programs (Movers & Shakers)

by Arkansas Business Staff 4/15/2019 12:00 am

LaTricia Hill-Chandler has joined Arvest Bank in Lowell as its diversity and inclusion officer.

Tommy May Joins ALS Association's Board

by Arkansas Business Staff 4/11/2019 01:49 pm

The ALS Association announced Thursday that J. Thomas “Tommy" May is one of four men joining its national board of trustees.

US Long-Term Mortgage Rates Rise

by Associated Press 4/11/2019 10:14 am

U.S. long-term mortgage rates rose moderately this week, remaining at historically low levels that can lure potential purchasers in the spring homebuying season.

State Lawmakers Give Initial OK to $5.7B Budget Bills

by Associated Press 4/9/2019 05:14 pm

Arkansas lawmakers have given initial approval to legislation that outlines the state's proposed $5.7 billion budget for the coming year as they prepare to wrap up this year's session.

Governor Signs Trio of Tax Reform Bills

by Associated Press 4/9/2019 05:12 pm

Gov. Asa Hutchinson has signed a series of bills that change state tax codes, including one to require out-of-state internet sellers to collect sales tax from in-state buyers.

Bank of America Raising Hourly Minimum Wage to $20

by Associated Press 4/9/2019 02:19 pm

Bank of America plans to raise its starting pay to $20 an hour over a two-year period, the bank said Tuesday, starting with a hike next month.

UA's CBER to Host Quarterly Business Analysis on May 16

by Arkansas Business Staff 4/9/2019 10:28 am

The Center for Business and Economic Research at the Sam M. Walton College of Business at the University of Arkansas will present its regular Quarterly Business Analysis on May 16 in Fayetteville.

PRSA Puts LR Firms in Silver Lineup

by Kyle Massey 4/8/2019 12:00 am

Mike Sells of the Sells Agency pointed out that three Little Rock firms are among 92 nationwide finalists for Silver Anvil Awards from the Public Relations Society of America.

Changes to Uniform Money Services Act Coming in May (Vic Lance Commentary)

by Vic Lance 4/8/2019 12:00 am

Come May, money transmitters in Arkansas will need to comply with several new license requirements.

Beardsley Gains Spot on National Municipal Board (Movers & Shakers)

by Arkansas Business Staff 4/8/2019 12:00 am

Scott Beardsley, executive managing director of Crews & Associates in Little Rock, has been elected to the board of directors of the National Association of Municipal Advisors.

Retirement Projects Equal $7.8M Transaction (Real Deals)

by George Waldon 4/8/2019 12:00 am

Affiliates of Read Property Group of New York purchased Senior Residences projects in Sherwood and Jacksonville for $3.52 million from affiliates of Wenson & Associates of Bee Cave, Texas.

Treasurer Brings 'Smart Women Smart Money' Conference to State

by Sarah Campbell-Miller 4/5/2019 11:29 am

State Treasurer Dennis Milligan and the State Financial Officers Foundation are bringing "Smart Women Smart Money," a national women's financial education conference, to Arkansas next month.

IberiaBank Names Presidents for Northeast, Northwest Arkansas

by Arkansas Business Staff 4/2/2019 10:51 am

IberiaBank on Tuesday named presidents for its markets in northeast and northwest Arkansas.

Dream Homes and Jumbo Loans (Lee Maris Commentary)

by Lee Maris 4/1/2019 08:47 am

Buying your dream home is a major milestone that takes a lifetime of planning. More than likely, it took much of your adulthood to amass the financial stability to afford it.