Arkansas Banks Start to See Forgiveness on PPP Loans
Bankers get some money back, but federal process should be simpler, they say. read more >
Update: In Arkansas, Bankers Grow Frustrated Awaiting PPP Loan Forgiveness
Arkansas bankers who fronted money to thousands of businesses participating in the Payment Protection Program now say they are frustrated by the federal government's failure to repay the forgivable loans in a timely manner. read more >
ABA Joins Banking Associations, Others In Decrying Refinance Fee
The Arkansas Bankers Association is one of 51 state banking associations during the Federal Housing Finance Agency to rescind a 0.5% fee on refinance loans offered by Fannie Mae and Freddie Mac. read more >
As New Bankers Chair, Jon Harrell of Generations Lists Priorities
Jon Harrell, the CEO of Generations Bank, says the pandemic has allowed community banks to demonstrate their value. read more >
Bankers Decry $22.4M Award in Fax Case
A $22.4 million judgment against Wells Fargo Bank tied to a case over unwanted faxes wasn’t based in reality, according to bankers’ associations. read more >
by Mark Friedman -
Overload of SBA System Predictable, Arkansas Bankers Say
The technical difficulties that plagued the U.S. Small Business Administration's loan application system was no surprise, two Arkansas bank executives said Tuesday. read more >
by -
Arkansas Banks Approve $2B in PPP Loans
Arkansas banks had approved approximately 15,000 loans worth more than $2 billion as part of the federal Paycheck Protection Program as of Tuesday, the Arkansas Bankers Association announced. read more >
Pandemic Pushing Banks Deeper Into Digital Realm
Banking officials in the state say the pandemic has driven home an unmistakable truth: Banks without a digital presence are at a drastic disadvantage. read more >
by Marty Cook -
Arkansas Banks Alter Lobby Access, Push Customers to Digital Channels
The Arkansas Bankers Association says Arkansas banks are taking "aggressive steps" to keep customers and employees safe amid the COVID-19 outbreak. read more >
by Lance Turner -
Abaca Fires Up Services for Cannabis Commerce
A North Little Rock enterprise, launched in the Little Rock Technology Park and given flight with venture capital from Colorado, keeps pioneering its way into the burgeoning billions of cannabis commerce. read more >
by George Waldon -
Arkansas Banks Navigate Marijuana Road
Regulatory requirements, legal uncertainties blunt lending opportunities to the state's medical marijuana industry. read more >
by Marty Cook -
Overdraft Fees Provide Steady Cash Stream
Protecting customers from overdrafts, a standard service provided by most banks and credit unions, can also be a lucrative revenue stream. read more >
by Marty Cook -
It’s Tax Time, but Not for Credit Unions (Lorrie Trogden Feedback)
In 2017, Arkansas banks paid $503,016,000 in taxes, which contributed to education, law enforcement, hospitals and responses to disasters. Credit unions paid $0. read more >
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Let’s You and Him Fight (Gwen Moritz Editor’s Note)
While I love banks and bankers, I confess to enjoying how irritated they get when the subject is credit unions. read more >
by Gwen Moritz -
Arkansas Banks Offer Help During Partial Government Shutdown
The Arkansas Bankers Association says 14 Arkansas banks are among financial institutions offering "quick" loans, fee waivers and reduced interest rates to federal workers affected by the partial government shutdown. read more >
ABA Selects Three for Emerging Leaders Section Council (Movers & Shakers)
George Purvis, Evelyn Morris and Brandon Gentry have been appointed to the Arkansas Bankers Association Emerging Leaders Section Council. read more >
Bill Holmes, Former Bankers Association CEO, Dies at 69
William R. "Bill" Holmes, who was president and CEO of the Arkansas Bankers Association for almost seven years until ill health forced his retirement this fall, died Monday at his home in Little Rock. read more >
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. read more >
by Gwen Moritz -
Cathy Owen Becomes 1st Woman to Lead Arkansas Bankers Association
Cathy Owen became the first woman elected to the Arkansas Bankers Association's top post when she was installed Tuesday as chairman for 2018- read more >
As State Looks for Banks, Big Names Poised to Enter Medical Marijuana Industry
If at least one Arkansas bank doesn’t step up to the plate by Dec. 1, legislators will look for another option to protect the state from the dangers of an all-cash industry. read more >
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Arkansas Flexes Regulatory Power With Enforcement Actions Against Financial Giants
