Arkansas CDFI strikes deal in home state


Southern Bancorp, which recently raised $35 million in capital, agreed to acquire DeWitt First Bankshares, the parent of Arkansas County Bank.


Cornerstone League modifies branding


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.


Bank OZK chief preaches patience to nervous investors


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.


Looking back at 2019's community bankers to watch


One found a buyer, another announced plans to retire, and others took steps to reinvent their banks.


Johnny Allison returns to familiar role as Home Bancshares' CEO


The veteran banker succeeded Randy Sims, who recently retired. Sims had been the Arkansas company's CEO since replacing Allison in 2009.


Bankers fight back against credit union takeovers


An increase in credit union acquisitions of banks has been a blow to the morale of many commercial bankers, and some of their trade organizations are trying to slow down the trend. There may be little they can do.


CFPB, Arkansas order broker to pay $2.7M in pension scam


The broker and the companies he operated allegedly induced veterans to hand over their federal benefits in violation of the law.


Revenue-strapped lenders take another look at unbanked customers


With margins under pressure and competition intensifying, a number of community banks are zeroing in on underserved markets.