Candace Franks
Gov. Sarah Huckabee Sanders Announces Appointments
The latest round of appointments includes new members of the State Medical Board and Arkansas Economic Development Commission. read more >
Candace Franks to Retire as State Bank Commissioner
Candace Franks, commissioner of Arkansas state banks for the past 13 years, announced on Wednesday that she will retire on Oct. 1 after 40 years with the State Bank Department. read more >
by Gwen Moritz -
State Bank Commissioner Candace Franks Predicts Ownership Trends in ’20
Candace Franks, the Arkansas state bank commissioner, says total assets under supervision have almost doubled since 2012. read more >
Abaca Prepares to Bank Marijuana Businesses, Customers
A Little Rock company that originally planned to offer medical marijuana consumers a cashless method for filling their prescriptions has broadened its scope to include financing for marijuana-related businesses. read more >
by Gwen Moritz -
Branch Banks’ Death Rumors Are Exaggerated
In Arkansas, the number of new bank offices appears to have popped up in the past 12 months after a decade in which the count declined by more than 10 percent. read more >
by Gwen Moritz -
How the Goldens Ruled: Fed Report on Allied Notes Self-Dealing, Insider Abuse
The narrative of the report is dominated by criticism of the Goldens, by title rather than name, and the bank board they held sway over. read more >
by George Waldon -
As Marijuana Industry Beckons, Banks Just Say No
On one side is a new industry desperately needing local banking services. On the other side are bankers salivating at potential deposits and fee revenue. Between them is a federal government that outlaws marijuana. read more >
by Gwen Moritz -
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 >
by George Waldon -
Despite Individual Victories, Progress Slow For Women in Arkansas Banking
For women in Arkansas’ banking industry, every encouraging development seems to be matched by discouraging reality. read more >
by Gwen Moritz -
The Future of the Community Bank in an Era of Consolidation (Aaron Brooks Commentary)
Why are community banks — including some in Arkansas — increasingly deciding that now is the time to sell? Aaron Brooks writes that the reasons go well beyond Dodd-Frank. read more >
by -
National Charter Conversions to State a One-Way Street
Most regulated industries don’t get to choose who regulates them, but, to a limited degree, banks do. And while the door can swing both ways, in reality the traffic has flowed in one direction: converting from national charters to state charters. read more >
by Gwen Moritz -
Community Banks Feel Regulatory Pinch
The Dodd-Frank Act celebrated its fifth anniversary last week, but it’s probably safe to assume many community bankers in Arkansas didn’t feel like partying. read more >
by Marty Cook -
Candace Franks Retained by Asa Hutchinson as Arkansas State Bank Department Commissioner
Gov.-elect Asa Hutchinson will retain Candace Franks as commissioner of the Arkansas State Bank Department. read more >
Updated: Winner, Loser in Simmons Charters Consolidation
Last week’s news that Simmons First National Corp. will be collapsing its six smaller charters into its flagship Pine Bluff bank was surprising only in that it took so long. read more >
Bank Directors Predict More Mergers, Acquisitions in 2014
Some have described 2013 as a memorable year for its bank-buying buzz. Expectations are that the volume of acquisition talk won’t diminish during 2014 either. "A lot of community banks are considering their options, especially smaller community banks looking at the regulatory costs going forward," said Candace Franks, Arkansas State Bank Commissioner. read more >
by George Waldon -
NW Arkansas Real Estate Rebounds, But Benton County OREO Stacks Up
The northwest Arkansas housing market may be rebounding, but lenders remain a familiar sight among the ownership rolls of residential lots and undeveloped acreage all over Benton County. read more >
by George Waldon -