Mangham, who joined the credit union in 2012 as a senior financial analyst, is now responsible for all financial functions including accounting, finance and card services. read more >
The recent purchase of the $65.2 million-asset HomeBank of Arkansas is the opening foray into the state for Barksdale Federal Credit Union of Bossier City, Louisiana. read more >
Kerst is CEO and founder of the trust company, which has locations in Hot Springs, Hot Springs Village and Little Rock. But he also holds a new role leading the trust department of Farmers Bank & Trust of Magnolia. read more >
Farmers Bank & Trust of Magnolia forms a new nonprofit foundation, the Farmers Bank Foundation, which will operate independently from the bank. read more >
Farmers Bank & Trust of Magnolia says it will purchase the stock of Community First Trust Co. of Hot Springs, which will continue to operate as an independent trust company. read more >
Arkansas bankers who fronted money to thousands of businesses participating in the Payment Protection Program now say they are frustrated by the federal government's failure to repay the forgivable loans in a timely manner. read more >
The Federal Reserve Board has approved the previously announced merger of the $67 million-asset Bank of Prescott with the $1.6 billion-asset Farmers Bank & Trust of Magnolia. read more >
David Erstine has been named an associate board director for the United Federal Credit Union, which is based in Michigan but has branches in Arkansas. read more >
A Holiday Inn Express in North Little Rock, undeveloped land in north Pulaski County and two Little Rock homes form a quartet of multimillion-dollar transactions this week. read more >
Call it a loose end in the estate of Gaylon Lawrence Sr. Ownership of the $83.8 million-asset Piggott State Bank in Clay County is passing to his son, Gaylon Lawrence Jr. of Memphis. read more >
Farmers Bank & Trust of Blytheville is deepening its market penetration in Mississippi County with a Wilson location. The branch affords an opportunity that belies the size of the community (population 900). read more >