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Banking & Finance / Public Companies

White River Bancshares Reports Deposit Growth, Falling Profits in Q4

With interest rates rising, time deposits accounted for the majority of deposit growth year-over-year. read more >
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Top Online Stories of 2023: Eatery News, a Lyon College Setback And 27 Marijuana Laws Tossed Out

Readers were hungry for restaurant news on the Arkansas Business website this year. read more >
Banking & Finance / Construction / Investments

Today’s Bank Expands to Benton County

The $332 million-asset lender is poised to start doing business through a newly built 2,800-SF full-service branch at 181 Slack St. in Pea Ridge. read more >

Arvest, Signature Bank Adopting New Tech

Brick-and-mortar banks aren’t going away, but online resources, digital platforms and mobile connections are the future of banking, Arkansas bank professionals said last week. read more >

Federal Reserve May Tighten Financial Rules, Powell Says

The collapse of Silicon Valley Bank, Signature Bank and First Republic Bank exposed different vulnerabilities that the Fed will likely address through new proposals. read more >

Largest US Banks Would Survive Severe Recession, The Fed’s ‘Stress Tests’ Show

The Fed's report issued Wednesday did show some relative weakness among the midsize banks and "super regional" banks, with some getting a passing grade with a smaller cushion than usual. read more >
Alan Price
Banking & Finance / Education / Media & Marketing

Alan Price Promoted to Community President at FNBC of Batesville (Movers & Shakers)

He will oversee the bank’s charter market in Sharp County, which includes Ash Flat, Cherokee Village, Highland and Hardy. read more >
Banking & Finance / Government & Politics

Execs From Failed Banks Questioned on CEO Pay, Risk Management at Senate Hearing

Executives at Silicon Valley Bank, Signature Bank and First Republic Bank were paid millions of dollars over their tenures up until their banks failed, the bulk of the compensation coming in the form company stock. read more >
The Federal Reserve Bank in Wasington, D.C. 
Banking & Finance / Business Services

Banks Report Tougher Credit Standards in Wake of Failures

About 46% of all banks said they had raised standards for business loans known as commercial and industrial loans, up from just under 45% in the previous quarter. read more >
Amanda Hoelzeman
Banking & Finance / Legal / Media & Marketing / Nonprofits / Tourism

The Peacock Group Hires Amanda Hoelzeman as PR Manager (Movers & Shakers)

Hoelzeman has nearly 20 years of experience in media relations, nonprofit communications, multimedia content strategies and crisis communications. read more >
A Pacific Western Bank branch in Paso Robles, California
Banking & Finance

Regional Bank Shares Sink in Sign Crisis Not Yet Over

Shares of smaller regional lender PacWest Bank plunged nearly 50% Thursday after the company confirmed reports that it was considering "strategic options," that may include the possible sale of the company. read more >
Banking & Finance / Government & Politics

Former CEOs of Failed Banks to Testify Before Senate Panel

The Senate Banking Committee indicated Tuesday that it will hold a hearing May 16 with Silicon Valley Bank's former CEO, Gregory Becker, as well as Signature Bank's former chairman and co-founder, Scott Shay, and its former president, Eric Howell. read more >
The Federal Deposit Insurance Corp. in Washington, D.C.
Banking & Finance / Government & Politics / Insurance

FDIC Recommends Overhauling US Insurance Deposit System

Under the proposal, the FDIC would offer business account coverage a higher levels than ordinary consumer deposits receive, the FDIC said. read more >
A First Republic Bank office in Newport Beach, California
Banking & Finance / Government & Politics

First Republic Bank Seized, Sold to JPMorgan Chase

San Francisco-based First Republic is the third midsize bank to fail in two months. It is the second-biggest bank failure in U.S. history, behind only Washington Mutual, which collapsed at the height of the 2008 financial crisis and was also taken over by JPMorgan. read more >
Natasha Swift
Banking & Finance / Media & Marketing / Tourism

Natasha Swift Promoted to VP of Logistics at Allen Engineering (Movers & Shakers)

Swift, who joined Allen Engineering in 2011, will serve as an officer of the company and will be responsible for the departments of production planning, purchasing and logistics. read more >
Banking & Finance / Small Business

Small Business Owners Feel the Credit Crunch

Approval rates of small business loan requests at big banks have fallen for nine consecutive months. read more >
A man walks into a Silicon Valley Bank branch in Pasadena, California
Banking & Finance

Bank Failures Highlight Declining Deposits

Banks have been slow to pass along better interest rates on traditional accounts to consumers, prompting a shift to money market funds, government bonds or other more lucrative investments. read more >
U.S. Rep. French Hill
Banking & Finance / Government & Politics

French Hill, Other GOP Lawmakers Accuse Fed of Being Lax Before Bank Failure

Regulators have said that Silicon Valley Bank was an "idiosyncratic'' case and that the overall U.S. banking system remains sound. read more >
Banking & Finance / Small Business

Small Businesses Weigh Banking Options Amid Bank Turmoil

Experts say it's probably a good idea for small businesses to diversify funds and make sure they're in close contact with their banker, but emphasized that in the short term their bank accounts are safe because regulators have shown they're willing to step in when needed. read more >
Silicon Valley Bank headquarters in Santa Clara, California
Banking & Finance

Troubled Silicon Valley Bank Acquired by First Citizens

More than half of Silicon Valley's assets will remain in U.S. receivership. read more >