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Arkansas credit union taps mobile video banking to reach more customers

Bank Innovation

River Valley Community Federal Credit Union serves 7,200 members out of just two branches in southern Arkansas. Since 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 […].

Arkansas 186
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Can CDFIs help their communities while keeping investors satisfied?

American Banker

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.

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A gift that will keep on giving

Independent Banker

L to R, Arkansas governor Asa Hutchinson, FNB president/CEO Sam T. Just as much a part of western Arkansas history as its hometown, $1.84 Just as much a part of western Arkansas history as its hometown, $1.84 The clubhouse at the Jeffrey location, a community gathering place since 1978, was in dire need of improvements.

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The banks serving active duty personnel

Independent Banker

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. Community banks operate on a majority of the country’s military installations. Community banks comprise more than two-thirds of the 66 banks operating on U.S. By Judith Sears.

Arkansas 168
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Agora Brings Real-Time CX To Community Banks, Backed By The ICBA And The Venture Center

Tom Groenfeldt

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.

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Southern Bancorp’s innovation lab builds solutions with client input

BankInovation

Southern Bancorp’s innovation division is looking to gain a competitive edge against larger financial institutions by developing products specifically for the communities it serves.

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Brokered deposits help banks help their communities

American Banker

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.