It is one of the highest financial penalties in years against Bank of America, which has largely spent the last 15 years trying to clean up its reputation and market itself to the public as a bank focused on financial health and not on overdraft fee income. read more >
A series of apartment transactions encompassing 290 units tipped the scales at $19.6 million. read more >
Dake OK LLC, led by Merritt Dake purchased the 69,609-SF industrial flex building on the northern end of the 2201 Brookwood Drive project. read more >
Poorly designed chatbots could run afoul of federal laws that govern how debts are collected or how personal information is being used. read more >
Heather Albright was the first woman and youngest president Bank of America had in the Arkansas market when she was named to the position in March 2021. read more >
Read what eight Arkansas women have to say about their management experience. read more >
As the Fed raises its benchmark interest rate, the value of bonds, typically a stable asset, are starting to fall. read more >
The funds bring the museum in Little Rock closer to completing its years-long redesign and renovation. read more >
BofA put $378 million into its loan-loss reserves this quarter — a similar level to Citigroup and Wells Fargo. read more >
Statewide deposit growth slowed to 5.5% after two consecutive years in which COVID stimulus cash fueled unusually strong deposit growth. read more >
Brian Moynihan cited two major issues negatively impacting average Americans — gas prices and rent — as reasons to be concerned. read more >
The bank is moving operations to an office building on the city's west side. read more >
Some companies spoke up for the first time, including The Walt Disney Company. Others, including Walmart, are silent. read more >
Signature Bank of Arkansas will take over the former Bank of Rogers building, which first opened in 1906, to open a bilingual-staffed banking office. read more >
First Security Bank of Searcy recovered the property at a foreclosure sale earlier this month. read more >
It took more than a decade for Southern Bancorp Bank to double its tally of total assets from $1 billion to $2 billion. The top executive of the bank’s parent company expects the journey to $4 billion will be much shorter. read more >
Once a big source of income, overdraft protection fees fall out of step in banking. read more >
Arkansas bank deposits exceeded $90 billion on June 30, an increase of 9.6% in 12 months and almost identical to the national trend line. read more >
Arkansas bank deposits exceeded $90 billion on June 30, an increase of 9.6% in 12 months and almost identical to the national trend line. read more >
