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Sherece West-ScantleburyPresident & CEO of the Winthrop Rockefeller Foundation
Banking & Finance / Business Services / Investments / Public Companies / Small Business

Report Shows Gaps in Lending to Minority Businesses in Arkansas

Minorities and women do not have the same access to capital as their white male counterparts, a systemic issue that can be addressed, a panel of Arkansas bank leaders and a small-business owner says. read more >
SBA Arkansas District Director Edward Haddock
Banking & Finance / Government & Politics / Health Care / Insurance / Investments / Small Business

Second Round of PPP Loans Prioritizes the Underserved

The second round of the federally funded Paycheck Protection Program is prioritizing “underserved” businesses — minority-, women- and veteran-owned and rural businesses — by setting aside money for them and through targeted outreach efforts. read more >
Darrin Williams, CEO of Southern Bancorp Inc.
Banking & Finance / Business Services / Insurance / Investments / Media & Marketing

Todd Moves to First Community Bank (Movers & Shakers)

Scott Todd has joined First Community Bank in Batesville as vice president of secondary mortgage production and sales manager. read more >
Berry Bishop’s defunct Alliance Insurance Group of Arkadelphia reported $2.9 million in gross revenue in 2017. It filed for Chapter 7 bankruptcy in May 2018.
Banking & Finance / Insurance / Legal

Berry Bishop Faces Pressure from Feds for Prison TimeLock Icon

Berry Bishop, the Hot Springs insurance agent who also had offices in Prescott and Arkadelphia, is scheduled to be sentenced in U.S. District Court in Hot Springs on Friday morning. read more >
Banking & Finance / Business Services / Education / Government & Politics / Health Care / Legal / Media & Marketing / Nonprofits / Retail / Small Business

Do Your Employees A Solid (Gwen Moritz Editor’s Note)

Making your employees’ lives a little easier and less expensive would be a solid benefit at no cost to your company. read more >
Sen. Tim Scott (back to camera), R-S.C., lunches with congressional interns at the U.S. Capitol July 17.
Education / Government & Politics / Media & Marketing / Retail

‘The Business Case for Diversity’ (Gwen Moritz Editor’s Note)

To be blind to color is to be blind to the reason for so much injustice. We have got to talk and we have got to listen. read more >
Joe Clay Young IV of Merrill Lynch
Banking & Finance / Business Services / Insurance / Investments

Joe Clay Young Moves Up at Merrill Lynch (Movers & Shakers)

Joe Clay Young IV was recently promoted from first vice president to senior vice president at Merrill Lynch in Jonesboro. Brenda Eldridge has been hired as chief financial officer at Partners Bank of Helena, the new name of the bank previously known as Helena National Bank. read more >
Banking & Finance / Business Services / Investments / Real Estate

Southern Bancorp Makes Move in Mount Ida

Southern Bancorp Bank of Arkadelphia is developing a full-service branch at 1017 U.S. Highway 270E in Mount Ida. read more >
LaRay White of Southern Bancorp
Banking & Finance / Business Services / Media & Marketing

Southern Bancorp Selects Community Relations Leaders (Movers & Shakers)

LaRay White and Brooke Beck have been promoted to community relations leaders for Southern Bancorp in Little Rock. White will be representing Blytheville and Beck will be serving Arkadelphia in their new roles. read more >
Nicolas Gonzalez of El Dorado originally wanted to buy the recipe for Spudnuts’ potato-flour confections. Instead, he was persuaded to buy the entire shop.
Banking & Finance / Small Business / Tourism

In El Dorado, Dollars Will Get You SpudnutsLock Icon

Spudnuts, an El Dorado fixture for 70 years, now thrives under the Gonzalez family. Unlike their product, the Gonzalezes’ business plan had no holes in it. Through decades of changing tastes, the fried delicacies have been a hit in El Dorado. read more >
Berry Bishop’s defunct Alliance Insurance Group of Arkadelphia reported $2.9 million in gross revenue in 2017. It filed for Chapter 7 bankruptcy in May 2018.
Banking & Finance / Education / Legal / Retail

Former Insurance Agent Berry Bishop Acknowledges FraudLock Icon

Berry Bishop, the failed insurance agent, under oath in bankruptcy proceedings, has described some of his borrowings from the Bank of Prescott over the past three or four years as loan fraud. read more >
Karama Neal
Banking & Finance / Nonprofits

Southern Bancorp Community Partners President Named

Southern Bancorp Inc. of Little Rock announced Tuesday that, following a nationwide search, Karama Neal, Ph.D., was selected to serve as president of Southern Bancorp Community Partners. read more >
Banking & Finance / Legal

Berry Bishop’s Alliance Insurance Group Files for BankruptcyLock Icon

Bishop’s Alliance Insurance Group of Arkadelphia Inc. filed for Chapter 7 bankruptcy protection late last month and listed $8.2 million in debts and $5.5 million in assets. read more >
Chuck Woods, FNBC Bank
Banking & Finance / Business Services / Health Care

Woods Joins FNBC; Paxson Appointed Admin at WRMC (NEA Movers & Shakers)

Chuck Woods has been named controller at FNBC Bank in Ash Flat. Gary Paxson has been appointed administrator at White River Medical Center in Batesville. read more >
Christie Patterson
Banking & Finance

Southern Bancorp Promotes Christie Patterson to Market President

Southern Bancorp announced Wednesday the promotion of Christie Patterson, current Blytheville city president, to market president. read more >
Left: Hot Springs Mayor Pat McCabe and his wife, Ellen, are converting the historic Hale Bathhouse into a boutique hotel.
Banking & Finance / Construction / Government & Politics / Investments / Real Estate / Restaurants & Food / Tourism

From Bathhouse to Hotel, Hot Springs’ Hale to Be Reborn

In the 32 years since they moved to Hot Springs, Pat and Ellen McCabe have seen the transformation of downtown Hot Springs. Now, with the couple’s repurposing of the Hale Bathhouse into a boutique hotel, they’ll be directly participating in that transformation. read more >
Rose Schweikhart, right, owner of Superior Bathhouse Brewery, and Jimm Powell, brewer, load 5-gallon kegs onto their delivery truck for delivery to bars and restaurants.
Banking & Finance / Business Services / Construction / Education / Investments / Manufacturing / Media & Marketing / Nonprofits / Real Estate / Restaurants & Food / Small Business / Tourism

Hot Springs Sees Boom in Craft Beer BreweriesLock Icon

Tapping into Hot Springs thermal culture, the craft brewing industry in Spa City is hot. read more >
Agriculture & Poultry / Banking & Finance / Legal / Manufacturing

Ray Rogers Timber Lists $2.1M in BankruptcyLock Icon

A Nashville (Howard County) timber firm has filed for Chapter 11 bankruptcy reorganization, listing $2.1 million in debt. read more >
Banking & Finance / Investments / Public Companies

Southern Bancorp Plans To Raise $20M

The ownership of Southern Bancorp Inc. recently underwent change to simplify its stock structure and create a more market-friendly organization. read more >
Darrin Williams, CEO of Southern Bancorp, doesn’t think of himself as a chief executive officer, but rather as a chief cultural officer. “Putting profits above people is what led to the 2008 financial meltdown,” he said.
Banking & Finance / Government & Politics / Legal / Nonprofits

The Influencers: Darrin Williams of Southern Bancorp

As CEO of Southern Bancorp, Williams, 48, oversees blending the two worlds of a for-profit lender and a nonprofit community development financial institution. read more >