Fed Lent $300B in Emergency Funds to Banks in the Past Week
Nearly half the money — $143 billion — went to holding companies for two major banks that failed over the past week, Silicon Valley Bank and Signature Bank. read more >
Nearly half the money — $143 billion — went to holding companies for two major banks that failed over the past week, Silicon Valley Bank and Signature Bank. read more >
Now the consequences of the fall of Silicon Valley Bank, along with New York-based Signature Bank, which failed over the weekend, are complicating the Fed's upcoming decisions about how high to raise its benchmark interest rate. read more >
President Joe Biden insists that the nation’s banking system is safe, seeking to project calm after the collapse of two banks stirred fears of a broader upheaval. read more >
The fintech company, which helped simplify the PPP loan forgiveness process during the pandemic, has its sights on new projects. read more >
Signature Bank of Arkansas is adding to its Latino- and Hispanic-focused bank offerings a year after opening its first Banco Sí location in downtown Rogers last summer. read more >
Matthews will serve as the strategic leader in merchandising for the company’s partner brands. read more >
Expansion expenses hit income, but they also contributed to double-digit percentage gains in loans and deposits. read more >
He will lead Signature Bank’s multicultural banking division, Banco Sí, which is set to open later this summer in downtown Rogers. read more >
A historic building in downtown Rogers has been selected as the site. read more >
Carter is chief investment officer at Huffman & Co. of Little Rock. read more >
For Adam Arroyos, opening a Latino-focused bank in northwest Arkansas is more than just adding another bank branch. read more >
CEO Gary Head said the brick-and-mortar location is planned for Rogers. read more >
The complexes will add 345 units for low-income families that will be rented for rates nearly 50% below the current market. read more >
Fayetteville’s Signature Bank of Arkansas has made the Harrison market a party of 10. The $805 million-asset lender has opened for business in Suite 100 of the Durand Center at 303 N. Main St. read more >
Tammie Davis has been promoted to president of the central Arkansas market for BancorpSouth in Little Rock. read more >
Regulatory requirements, legal uncertainties blunt lending opportunities to the state's medical marijuana industry. read more >
Protecting customers from overdrafts, a standard service provided by most banks and credit unions, can also be a lucrative revenue stream. read more >
Fayetteville’s Signature Bank of Arkansas is re-entering the Rogers market with a full-service branch at 3712 S. Pinnacle Hills Parkway. read more >
For many Arkansans, the path to flood insurance goes through FEMA’s National Flood Insurance Program– and participation in the NFIP is dropping. read more >
Gary Head, 57, is chairman, president and CEO of Signature Bank of Arkansas, which he and fellow investors started in 2005 after raising $44 million in startup capital. read more >
