Business Services

Small Banks Find Niche in Arkansas While Facing Unique Challenges This article is available only in print.

Small Banks Find Niche in Arkansas While Facing Unique Challenges

Bank consolidation nationally is continuing on a similar pace to recent years, but it has been a slower year in Arkansas, especially for the smallest banks.
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Entrepreneur John James Starts Engine, Raising $4M for E-Commerce Software Firm This article is available only in print.

Fayetteville entrepreneur John James has raised nearly $4 million for his latest startup, Engine, which sells business management software to e-commerce retailers.
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Simmons Bank Brings New Deposits to Pine Bluff

Arkansas bank deposits grew by almost $2.5 billion to $66.7 billion in the year that ended June 30. Almost three-quarters of the additional deposits — $1.8 billion — flowed into a single institution.
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Signature Bank Makes Return to Rogers Mix

Fayetteville's Signature Bank of Arkansas is re-entering the Rogers market with a full-service branch at 3712 S. Pinnacle Hills Parkway. read more >

Diamond Bank Heads Into Hector

Diamond Bank of Murfreesboro has targeted a bankless community in Pope County for its next expansion. read more >

New XNA CEO Aaron Burkes to Hit Runway Running

Aaron Burkes was named Northwest Arkansas Regional Airport's new CEO and executive director in late September and will start work on Nov. 1. read more >

Garver Announces CEO's Retirement, Succession Plan

North Little Rock engineering firm Garver says its president, CEO and board member Dan Williams will retire in December 2019 as part of a planned internal succession strategy. read more >

State Unemployment at 3.5 Percent in September, Lowest on Record

Arkansas' unemployment rate declined to 3.5 percent in September, down one-tenth of a percentage point from the previous month, according to a report released Friday by the state Department of Workforce Services. read more >

US Employers Post Record Number of Open Jobs in August

U.S. employers posted the most jobs in two decades in August, and hiring also reached a record high, fresh evidence that companies are desperate to staff up amid solid economic growth. read more >

UAMS Hopes Myeloma Audit Cuts to the Bone

The audit of the Myeloma Institute should be able to determine if there's any money unaccounted for in the cancer program. The accounting is expected to be final after January. read more >

Arkansas Nonprofits Hold Breath For Year-End

As a result of changes to the federal tax code, donations to charities are expected to fall by $13.1 billion annually in the United States, according to a May 2017 study by the Lilly Family School of Philanthropy at Indiana University. read more >

Fundraising Campaigns Fuel Higher Ed in Arkansas

Politicians and university officials have learned that being in constant campaign mode is almost an occupational requirement. read more >

5 Tips for an Effective Email (Sarah Clements Expert Advice)

Because email has become so popular, it is important to get the most out of your message. Follow these five tips to help construct an effective message. read more >

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