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Acme Holding Co.

Community State Bank at 208 W. Fourth St. in Bradley
Banking & Finance / Legal

Allcorp Ownership of Bradley Bank Liquidated for $2.6MLock Icon

The long-running Allcorp Inc. bankruptcy case is moving toward a close. read more >
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Dozens of Arkansas Companies Rank on List of Largest ESOPs

This week Arkansas Business debuts a new list of ESOPs — employee stock ownership plans — ranked by net assets at the end of the most recent fiscal year for which data is publicly available. read more >
Lex Golden, chairman and CEO of Acme Holding Co., and his son, Alex, president and CEO of Acme’s prime asset: Allied Bank.
Banking & Finance / Government & Politics / Investments / Legal

Regulators Question Valuations of Acme Holdings’ ESOPLock Icon

The Acme Holding Co. Employee Stock Ownership Plan once was considered a source of pride for Allied Bank. The chairman and CEO of Acme Holding gushed about the ESOP’s value for retirement-minded Allied staffers. read more >
Lex and Alex Golden, in file art from 2010, control Acme Holding Co., the holding company for Allied Bank of Mulberry.
Banking & Finance

Fed Report: Examiners Tried to Remove Goldens Years Before Bank Failure

A report concludes that federal bank regulators recognized that Lex Golden was a poor banker and that his family was abusing its control of Allied Bank for years. read more >
Banking & Finance / Investments / Legal

Amy Golden McCay Files for Chapter 7 BankruptcyLock Icon

The outstanding balance of an FDIC $324,632 summary judgment from January 2015 against Amy Golden McCay is now part of her recently filed Chapter 7 bankruptcy. read more >
Lex Golden
Banking & Finance / Investments / Legal / Real Estate

Roles Shift in Golden Bankruptcy

The early stages of the Chapter 7 bankruptcy of Lex and Ellen Golden have had a revolving door quality. read more >
Lex Golden
Banking & Finance / Investments / Legal / Retail

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

Lex Golden, the Little Rock banker who once controlled two Arkansas financial institutions, recently filed Chapter 7 bankruptcy. read more >
Banking & Finance / Legal

Allied Auction Saw More Banks Bid; Chambers Garnishes Golden’s Last Paycheck

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. read more >
Banking & Finance / Government & Politics / Insurance / Investments / Legal

Today’s Bank Takes On Teetering Allied

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. read more >
Banking & Finance / Investments / Legal

Allcorp Follows Acme Holding Into Bankruptcy

The Chapter 11 filing by Little Rock’s Allcorp Inc. in July marks the third Arkansas bank holding company to enter bankruptcy court in four years. read more >
Lex Golden, chairman, CEO and lead shareholder in the bankrupt Acme Holding Co.
Banking & Finance / Insurance / Investments / Legal / Retail

Chambers Bank Lands $2 Million Golden Judgment

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. read more >
Lex Golden and his son, Alex Golden.
Banking & Finance / Legal

Lex Golden Sues Chambers Bank Over Failed Bank Buys

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. read more >
Lex Golden and his son, Alex Golden.
Banking & Finance / Legal

All’s Quiet on the Acme Bankruptcy Front

The parent company of Mulberry’s Allied Bank marked its second year in bankruptcy last month. read more >
Alex Golden and his sister, Amy McCay.
Banking & Finance / Government & Politics / Insurance / Investments / Legal

FDIC Asks for Over $1.2M in Judgments Against Alex Golden, Amy McCay

The FDIC has locally registered judgments of nearly $900,000 against Allied Bank president Alex Golden and more than $324,000 against his sister, Amy McCay. read more >
Allied Bank's last remaining operational presence in Little Rock at the corner of Kavanaugh Blvd and Fillmore Street.
Banking & Finance / Legal / Real Estate / Retail

Heartland Bank Takes Over Allied Bank’s Last Little Rock Branch

The location of Allied Bank’s last operational branch in Little Rock recently was forfeited in lieu of foreclosure. read more >
Alex Golden
Banking & Finance / Investments / Legal

Former Allied Ally Latest To File Lawsuit Against Acme Owners

A new lawsuit has arisen from the financial meltdown of Acme Holding Co., parent company of the $98.6 million-asset Allied Bank of Mulberry (Crawford County). read more >
Lex Golden
Banking & Finance / Legal

Allied Access Sore Subject Between Chambers Bank, Acme Holding

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. read more >
Banking & Finance / Investments / Legal / Real Estate

Trustee Hopes to Avoid Allied Bank Stock Auction

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. read more >
Lex Golden
Banking & Finance / Legal

Third Lawsuit Opens Between Chambers Bank, Golden Family

A third legal front has been opened in the financial disputes between Chambers Bank of Danville and the Lex Golden family of Little Rock. read more >
Lex Golden
Banking & Finance / Legal / Real Estate

Judge Orders Liquidation of Allied Bank Parent Company

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