Tagged: Banking

Bank OZK Packs Little Rock With New Deposits

Bank OZK Packs Little Rock With New Deposits

Business ListBanking & Finance

Bank deposits in Arkansas grew by 6.5% in the 12-month period that ended June 30, outpacing the national growth rate of 4.2% and topping $70 billion for the first time, according to data released in September by the Federal Deposit Insurance Corp. read more >

Walmart Seeks Way Into Your Wallet

Walmart Seeks Way Into Your Wallet

Banking & FinanceTechnology & TelecomCover Story

Walmart’s recent patent application for a cryptocurrency system hints at the Bentonville retailer’s next move into the financial services sector. read more >

SAFE Banking and Cannabis (Dan Roda Commentary)

SAFE Banking and Cannabis (Dan Roda Commentary)

OpinionBanking & FinanceHealth Care

SAFE Banking will also enable more banks to begin offering conventional loan products to cannabis operators, with a lower cost of capital than currently available from the mostly nonbank lenders filling this void today. read more >

U.S. Household Debt Reaches $13.67 Trillion

U.S. Household Debt Reaches $13.67 Trillion

Banking & FinanceHealth CareLegal

Household debt in the United States rose for the 19th straight quarter, reaching $13.67 trillion as of March 31. It’s now 7.8% or $993 billion higher than the previous peak of $12.68 trillion, reached in the third quarter of 2008. read more >

Arkansas' Jobless Rate Rose to 3.5% in September

Arkansas' Jobless Rate Rose to 3.5% in September

Banking & FinanceHealth CareTransportation

Arkansas' seasonally adjusted unemployment rate rose one-tenth of a percentage point, from 3.4 percent in August to 3.5 percent in September, the state Division of Workforce Services reports. read more >

Simmons Bank Launches Mobile App

Simmons Bank Launches Mobile App

Banking & FinanceTechnology & Telecom

Simmons Bank launched a new mobile app Wednesday that was developed in collaboration with Jack Henry’s Banno software and led by recently recruited Alejandro “Alex” Carriles. read more >

Nonprofits Targeting Wealth of Boomers

Nonprofits Targeting Wealth of Boomers

Banking & FinanceLegalCover Story

As the youngest baby boomers close in on retirement and begin to contemplate what their legacies will be, nonprofits and universities are looking to consistent donors for their slice of an expected multitrillion-dollar wealth transfer. read more >