Icon (Close Menu)

Logout

FDIC

Banking & Finance

Before CEO’s Arrest, Evolve Bank Pitched a Fintech Comeback StoryLock Icon

The troubled West Memphis bank had been setting the stage for a rebound from litigation, regulatory enforcement and a data breach. read more >
Banking & Finance / Investments

Arkansas Bank Deposits Jump 4.7%, Outpacing U.S. GrowthLock Icon

Arkansas banks saw deposits rise faster than the national average, led by Arvest Bank, while new branches and mergers reshaped the market. read more >
Banking & Finance

Evolve Bank Hires Former Bank Watchdog Bob Hartheimer as CEO After Tumultuous Year

He aims to lead the bank's recovery and future growth after a series of legal and regulatory setbacks. read more >
Banking & Finance / Business Services / Investments

Supporting Financial Institutions with Confidence and Clarity

From regulatory experience to forward-thinking insight, here’s what financial institutions should look for in an accounting and advisory partner. read more >
Banking & Finance

Friendly Competitors: Local Banks Finding Success in Small-Town ArkansasLock Icon

McGehee, population 3,500, supports two thriving hometown banks — proof that local service and loyalty still compete with big banking. read more >
RiverBank of Pocahontas was victimized in an embezzlement plot that led to a guilty plea by a former loan officer in 2023. [Google Maps]
Banking & Finance / Legal

FDIC Fines Former RiverBank Loan Officer Over $88K Embezzlement CaseLock Icon

Former RiverBank loan officer Bryan Dalton was fined $35,000 by the FDIC and banned from banking after embezzling nearly $88,000 from clients. read more >
Sylvia C. Brown, in blue with megaphone, marched at a King Day eventin Hope. A social impact advocate and public policy strategist, she believes a Community Reinvestment Act update would benefit many Arkansans. [Steve lewis]

Federal Lawsuit Delays New Community Reinvestment Act Rules, Leaving Banks in LimboLock Icon

Since Jimmy Carter signed it in 1977, the CRA has required federal agencies to review thousands of banks’ efforts to meet the credit needs of their communities, particularly low- and moderate-income areas. read more >
U.S. Rep. French Hill has issued a list of 25 priorities to “Make Community Banking Great Again.” [photo provided]
Small Business

Views From the Chair: French Hill’s Plans for Leading Financial Services PanelLock Icon

U.S. Rep. French Hill, as chairman of the House Financial Services Committee, plans to reduce regulatory burdens for community banks while promoting innovation and transparency in finance. read more >
Banking & Finance / Public Companies

Simmons’ Q2 Income Falls 30% on Rising Deposit Costs, Credit Provisions

The bank reported earnings of 32 cents per share, which surpassed Wall Street expectations. read more >
Banking & Finance / Government & Politics

Bank of England Hit With $1.5M Penalty for Deceptive Loan Practices

The FDIC handed down the penalty after a string of violations at Bank of England's former loan production office in West Bloomfield, Michigan. read more >
Banking & Finance / Industry

Why Do Banks Fail? Arkansas Execs Offer Some AnswersLock Icon

Johnny Allison, CEO of Centennial Bank of Conway, and Randy Dennis, who leads DD&F, share their thoughts. read more >
Banking & Finance / Industry / Investments

Inside Bank OZK: George Gleason’s 10 Defining MomentsLock Icon

With 45 years to choose from, George Gleason has plenty of options for naming the biggest events during his tenure at Bank OZK. read more >
Banking & Finance / Government & Politics / Legal

FDIC Sanctions Nine Bank of England Mortgage Employees

Federal bank regulators said a branch in suburban Detroit engaged in bait-and-switch tactics and other systemic deception of customers. read more >
Banking & Finance / Public Companies

Simmons Profit Falls on FDIC Assessment, Securities Losses in Q4

The bank reported net income of $23.9 million, down 71.3% from the same quarter the previous year. read more >
Banking & Finance / Public Companies

Arkansas Bank Deposit Growth Slows to 1.5%

It's the slowest growth since 2014, bringing total deposits to slightly more than $97 billion as of June 30. read more >
Arvest Bank of Fayetteville extended its long run as the state’s deposit leader with modest deposit growth of 3.6%.
Banking & Finance / Government & Politics / Insurance

Uninsured Deposits at Large Arkansas Banks

Almost 94% of the $175.4 billion deposited in failed Silicon Valley Bank as of Dec. 30 were uninsured. Here’s how the banks with the most deposits in Arkansas compare. read more >
FIS CEO Gary Norcross, left, and Arkansas Gov. Asa Hutchinson discuss the state's rise as a fintech leader at the VenCent Fintech Summit in Little Rock on Aug. 16, 2022.
Banking & Finance / Business Services / Government & Politics

Day 2 of Fintech Summit: Regulatory Advice, Data Strategy and Arkansas’ ‘Microhub’ Status

FIS CEO Gary Norcross and St. Louis Fed VP Allen North were among the speakers. read more >
Banking & Finance / Government & Politics / Legal

FDIC Fines Bank of England Nearly $130K for ‘Deceptive’ Loan Claims

The Arkansas-based mortgage lender waived its right to a hearing on the matter. read more >
John Stacks
Banking & Finance / Government & Politics / Legal

FDIC Enters Consent Order With ‘Unsafe or Unsound’ HomeBank of Arkansas

The April 8 order, which was released publicly by the FDIC on Friday, charges the leadership of the $76 million-asset lender with unsafe or unsound banking practices. read more >
French Hill
Banking & Finance / Government & Politics / Public Companies

More ‘CHOICE’ for Community Banks, Farmers and Consumers in Arkansas (U.S. Rep. French Hill Commentary)

U.S. Rep. French Hill writes on the Financial CHOICE (Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs) Act, which rolls back portion of the Dodd-Frank Act of 2010. read more >