Community First Trust Co.

The $6 million sale of Community First Trust Co. to Farmers Bank & Trust of Magnolia was divided among more than two dozen shareholders. read more >

William Kerst Jr. wasn’t looking to sell Community First Trust Co. in 2021. But two years ago, events began pulling the president and CEO of the Hot Springs enterprise toward the possibility. read more >

Farmers Bank & Trust of Magnolia says it will purchase the stock of Community First Trust Co. of Hot Springs, which will continue to operate as an independent trust company. read more >

Cindy Harper has been promoted to senior vice president of trust administration at Community First Trust in Hot Springs. read more >

Financial experts are quick to point out that you don’t have to be a millionaire to reap a trust’s benefits. The tax benefits are obviously geared to helping the wealthy, but there are other nontax benefits of trusts. read more >

Trusts aren’t the only devices people can use to pass down their fortunes, modest or massive. While a will leaves finances open to probate, which can be lengthy and costly and is a matter of public record, it is better than having no plan at all. read more >