Arkansas CDFI channeling funds from Square into apps for underbanked
JUNE 22, 2021
Arkansas Investments Consumer banking
JUNE 22, 2021
Arkansas Investments Consumer banking
MAY 31, 2019
River Valley Community Federal Credit Union serves 7,200 members out of just two branches in southern Arkansas. Operations & Best Practices Premium Retail Banking Arkansas Celent credit unions POPio River ValleySince its membership is spread out across the state and sometimes live as far away as 50 miles from a branch, it rolled out a video banking tool earlier this month to add a more human touch. The […]. Daily Post 2 Exclusive Experience & Design?
SEPTEMBER 18, 2017
While Amazon is auditioning potential host cities in something that has turned into commercial real estate’s version of “The Bachelor,” Walmart has more quietly announced news that its new headquarters will stick with the firm’s historical home of Bentonville, Arkansas. Walmart’s current Arkansas headquarters was originally built in the early 1970s by founder Sam Walton. Retail Arkansas Bentonville Doug McMillon News walmart Walmart Headquarters What's Hot
JUNE 10, 2021
Arkansas Square Community banking Payment processing
JANUARY 21, 2021
Southern Bancorp, which recently raised $35 million in capital, agreed to acquire DeWitt First Bankshares, the parent of Arkansas County Bank. Arkansas CDFIs M&A Growth strategies
APRIL 5, 2021
Arkansas Credit unions Branch network Michigan Branch deals
JANUARY 8, 2021
Premier Bank of Arkansas' Kasasa Cash account currently earns a top rate on qualifying balances up to $20k. A companion savings account, Kasasa Saver, is also available
MAY 16, 2016
Walmart Pay, the mega-retailer's mobile wallet, has gone live at its stores in Texas and Arkansas in anticipation of a national rollout. mobile technology
MARCH 1, 2016
Arkansas is an easily forgotten state in the Deep South. Landlocked and geographically smaller than some of its surrounding states, Arkansas tends to be better defined by the political personalities it produces. Which is not entirely unfair — Arkansas has produced some very interesting politicians. But Arkansas has also produced a pretty interesting store front business climate and perhaps a stronger one than most might expect.
ABA Community Banking
AUGUST 30, 2017
Bank owned by Walton family to take out prominent bank in state Management M&A. 1Management
DECEMBER 22, 2020
The Complaint , filed in an Arkansas federal district court, alleges that Alder charged higher activation-fees for customers who had lower credit scores, but failed to provide them with the required risk-based pricing notice in violation of the FCRA.
APRIL 22, 2021
Community banking Succession planning Hiring
MAY 22, 2020
Arkansas, Colorado, Illinois and Ohio have warned tens of thousands of residents who have applied online for unemployment benefits due to COVID-19 of possible data breaches that could have exposed names, addresses and Social Security numbers.
OCTOBER 14, 2020
The trade group representing credit unions in Arkansas, Texas and Oklahoma said the change is an attempt to better unify a variety of services the association offers. Arkansas Credit unions Marketing Texas Branding Oklahoma
MAY 17, 2019
Retail Amazon Apple Arkansas corporate headquarters News walmart What's HotNew details have emerged about Walmart’s planned new corporate campus in Bentonville, Ark., where the company is based, according to a report by Reuters. Walmart is one of many large companies that have revealed plans for new corporate campuses in the United States, against the backdrop of President Donald Trump asking American companies to make bigger investments at home.
FEBRUARY 26, 2020
In filing the complaint, the CFPB was joined by the South Carolina Department of Consumer Affairs (SCDCA) and the Arkansas Attorney General. The CFPB filed a complaint in a South Carolina federal district court against Upstate Law Group LLC.
OCTOBER 3, 2016
The $9.6 billion-asset company disclosed in a recent regulatory filing that it has a letter of intent to buy an unnamed banking company in Florida with about $400 million in assets. breaking_news community-banking dealmaking-strategy
JULY 1, 2016
The CFPB has issued its June 2016 complaint report which highlights complaints about consumer loans and complaints from consumers in Arkansas and the Little Rock metro area. Findings regarding complaints from Arkansas consumers include the following: As of June 1, 2016, approximately 4,200 complaints were submitted by Arkansas consumers of which approximately 38 percent(1,600) were from consumers in the Little Rock metro area. Barbara S. Mishkin.
JULY 14, 2016
The $1.5 billion-asset Equity said in a press release Thursday that it will pay $68.8 million in cash and stock for the $475 million-asset parent of Community First Bank. breaking_news community-banking ks ar dealmaking-strategy
JANUARY 17, 2020
The Arkansas bank is bracing for a rough 2020 amid record prepayments and a big substandard loan in its commercial real estate book, but CEO George Gleason insists shareholders will see "a nice payoff" in the long run. Commercial real estate lending Earnings Credit quality Arkansas
DECEMBER 23, 2019
Community banking M&A Succession planning Branding Credit quality CRE Virginia California Arkansas Massachusetts LouisianaOne found a buyer, another announced plans to retire, and others took steps to reinvent their banks.
DECEMBER 18, 2020
In February 2020, the CFPB, joined by the SCDCA and the Arkansas Attorney General, filed a complaint in a South Carolina federal district court against Upstate Law Group LLC. CFPB Regulatory and Enforcement State Enforcement Arkansas FTC pension advance South Carolina
FEBRUARY 3, 2021
Bancorp South offers its Performance Checking and Performance Savings accounts in Alabama, Arkansas, Florida, Louisiana, Missouri, Mississippi, Tennessee, and Texas
SEPTEMBER 3, 2019
The CFPB announced on August 14, 2019 that, subject to the approval of the Federal District Court for the Eastern District of Arkansas, the Bureau and the Arkansas Attorney General have entered into a proposed settlement with Andrew Gamber, Voyager Financial Group, LLC, BAIC, Inc., Under Arkansas law, a transaction is a consumer loan, as distinguished from a sale, only when there is a personal legal obligation of the consumer to repay the amount advanced to him or her.
JUNE 30, 2021
Southern Bank's new competitive rewards checking account, Southern Advantage, is available to residents of Arkansas, Illinois, and Missouri
JUNE 24, 2021
Cross County Bank (Arkansas) offers its competitive Kasasa Cash Checking, Kasasa Cash Bank, and Kasasa Saver accounts on a statewide basis
SEPTEMBER 30, 2021
Under Larry Wilson’s leadership, First Arkansas Bank and Trust’s branch on the Little Rock Air Force Base was named the 2020 Air Force Bank of the Year.
AUGUST 1, 2020
Timberline Federal Credit Union (SE Arkansas) has a new Kasasa Cash Checking account, which currently earns a top rate on qualifying balances up to $15k
APRIL 24, 2020
Johnny Allison, the Arkansas company's chairman and CEO, agreed to reduce his base salary by 20%. Executive benefits Compensation Community banks
JULY 2, 2020
The Arkansas bank is selling its two branches in the state to Merchants & Marine Bancorp and FEB Bancshares. Revenue and expenses Alabama Branch deals Community banks
JULY 22, 2020
Peoples Bank in Arkansas once used brokered deposits to fund more loans to underserved borrowers. It could do so again if Congress loosens restrictions, says CEO Mary Fowler. Diversity and equality FDIC Deposits Deposit insurance Portfolio diversity Consumer banking
FEBRUARY 11, 2019
When the community bankers' trade association went looking for a tech accelerator that could help provide next gen apps for smaller banks, it selected The Venture Center in Little Rock, Arkansas which had experience developing apps for FIS
APRIL 7, 2020
Simmons Bank in Arkansas is dealing with extra traffic on its digital channels and added call volume while communicating with customers through email, push notifications and even snail mail as well as its new app, says Alex Carriles.
MAY 17, 2016
First announced in December 2015, the latest in the mobile wallet pipeline – Walmart Pay – is live as of yesterday to Walmart shoppers at 110 branches in Arkansas and a further 500 in Texas. The feature will be available in all stores “soon,” the company said. Card transactions carry Read More. Cards Commerce E-Commerce Mobile Online Payments MCX Mobile Payments mobile wallets walmart Walmart Pay
OCTOBER 19, 2020
Southern Bancorp in Arkansas, which raised $35 million in capital from private investors, is out to prove that that community development financial institutions can deliver attractive returns and fulfill their missions to help the underserved.