Tagged: Candace Franks

Abaca Prepares to Bank Marijuana Businesses, Customers

Abaca Prepares to Bank Marijuana Businesses, Customers

Banking & FinanceHealth CareLegalTechnology & Telecom

A Little Rock company that originally planned to offer medical marijuana consumers a cashless method for filling their prescriptions has broadened its scope to include financing for marijuana-related businesses. read more >

As Marijuana Industry Beckons, Banks Just Say No

As Marijuana Industry Beckons, Banks Just Say No

Banking & FinanceHealth CareLegalCover Story

On one side is a new industry desperately needing local banking services. On the other side are bankers salivating at potential deposits and fee revenue. Between them is a federal government that outlaws marijuana. read more >

Today’s Bank Takes On Teetering Allied

Today’s Bank Takes On Teetering Allied

Banking & FinanceLegal

The Allied Bank staff was still a little shell-shocked when they convened at the main office in Mulberry on Saturday, Sept. 24. The day after regulators took over the $66.3 million-asset lender, employees gathered to learn what the future held under the new ownership of Today’s Bank of Huntsville. read more >

National Charter Conversions to State a One-Way Street

National Charter Conversions to State a One-Way Street

Business ListBanking & FinanceCover Story

Most regulated industries don’t get to choose who regulates them, but, to a limited degree, banks do. And while the door can swing both ways, in reality the traffic has flowed in one direction: converting from national charters to state charters. read more >

Community Banks Feel Regulatory Pinch

Community Banks Feel Regulatory Pinch

Banking & FinanceCover Story

The Dodd-Frank Act celebrated its fifth anniversary last week, but it’s probably safe to assume many community bankers in Arkansas didn’t feel like partying. read more >

Bank Directors Predict More Mergers, Acquisitions in 2014

Bank Directors Predict More Mergers, Acquisitions in 2014

Banking & Finance

Some have described 2013 as a memorable year for its bank-buying buzz. Expectations are that the volume of acquisition talk won’t diminish during 2014 either. "A lot of community banks are considering their options, especially smaller community banks looking at the regulatory costs going forward," said Candace Franks, Arkansas State Bank Commissioner. read more >