Arkansas State Bank Department
Regulatory Issues & Cybersecurity Challenge Evolve Bank’s Rapid Growth
In a year of challenges for Evolve Bank & Trust of West Memphis, the financial institution finds itself navigating regulatory action, cybersecurity concerns and legal issues, including at least two lawsuits seeking class-action status. read more >
by Chloe McGehee -
Fed Takes Action Against Evolve Bank Over Shortcomings in Risk Management, Consumer Compliance
An enforcement order blocks the West Memphis banking-as-a-service provider from entering into any new fintech partnerships without approval from the Fed. read more >
by Scott Carroll -
CARTI Hires J. Scott Cordova to Radiation Oncology Team (Movers & Shakers)
Dr. J. Scott Cordova has been hired at CARTI in Little Rock. read more >
JTS Names Michael Cole as CFO (Movers & Shakers)
He has more than 25 years of experience in financial and operational leadership. read more >
Reading The Future: Banking (40 Years of Arkansas Business)
Susannah Marshall, Arkansas bank commissioner, believes banking consolidation will still be on the scene in the future but not to the same historic extent. read more >
by George Waldon -
Arkansas Bank Commissioner Takes on Dual Role as Securities Commissioner
Act 475 of 2023 allows a single commissioner for the State Bank and Securities departments. read more >
by George Waldon -
2 Promoted at Arkansas Electric Cooperative Corporation (Movers & Shakers)
Megan McClain has been with the cooperatives in 2020, and Justin Simpson has been with the cooperatives since 2011. read more >
Mark Bingman Awarded CoStar’s Power Broker Quarterly Deals Award (Movers & Shakers)
Bingman is the vice president of commercial sales and a commercial sales broker at RPM Group of Little Rock. read more >
Jasmine Richardson Named New Marketing and PR Director at Friday Eldredge & Clark (Movers & Shakers)
Richardson will manage all aspects of the firm’s branding and marketing strategy. read more >
3 Promoted at Arkansas Farm Bureau Federation (Movers & Shakers)
Tyler Oxner (pictured), John McMinn and Jake Cartwright move up at AFBF of Little Rock. read more >
1 Joins Arvest Bank of Bentonville (Movers & Shakers)
David Allen joins Arvest as a treasury management sales adviser. read more >
1 Promoted at Regions Bank for NWA (Movers & Shakers)
Jaclyn Henderson has been named market executive for Bentonville, Rogers, Siloam Springs, Springdale and Fayetteville. read more >
Josh Neal Moves Up Ladder At Arvest (Movers & Shakers)
He has 17 years of industry experience. read more >
Flowers Moves Up at First Financial (Movers & Shakers)
Schwanda Flowers has been promoted to managing director of professional services lending at First Financial Bank in El Dorado. read more >
Keck Moves Forward at Today’s Bank (Movers & Shakers)
Jannie Keck has been promoted to assistant vice president and branch manager at Today’s Bank in Huntsville. read more >
Hum Advances at Stone Bank (Movers & Shakers)
Patrick Hum has been promoted to financial planner and analyst in the Little Rock office of Stone Bank of Mountain View. read more >
Damron, Jobe Join Arvest in Conway (Movers & Shakers)
Mike Damron and Andrea Jobe have been hired as mortgage lenders at Arvest Bank in Conway. read more >
Arvest Disputes Criticism of Its Overdraft Fee Profits
A recent analysis of overdraft fees by one of the country’s oldest think tanks included Arvest Bank of Fayetteville on a list of banks that “are no more than check cashers with a charter.” read more >
by Gwen Moritz -
From a Distance, Commissioner Susannah Marshall Holds State Banks in Check
Susannah Marshall, who grew up in Newport, was appointed bank commissioner on Oct. 1 after 25 years with the State Bank Department. read more >
Virus Relief Leaves Arkansas Banks Awash in Deposits
COVID-19 has taken a toll on bank profitability, but the combination of federal relief money and pandemic-induced financial caution created a temporary glut of deposits. read more >
by Gwen Moritz -
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