Finance & Banking

Simmons Bank has promoted two individuals to lead recently created divisions. Freddie Black has been named chief community banking officer for Simmons Bank. In this role, Black will oversee community market growth across a six-state footprint. Simmons Bank also promoted…

Paul Lowe has been named the metro division president for Simmons Bank’s Little Rock, Memphis and Nashville markets. Lowe has been promoted from his role as Central Arkansas market president. David Stogsdill will be taking the Central Arkansas market president…

When Rush Harding III talks about Junior Achievement, the education nonprofit for which the Crews & Associates CEO has served as benefactor and from which he will receive a Legacy Award on May 27, it’s not long before the subject…

Arvest Bank has made two new hires in its Little Rock market. Melissa Lefler Henshaw has been named senior vice president for the commercial lending department, while Josh Wagner has been named vice president and mortgage lender supervisor for the…

The Independent Community Bankers of America (ICBA) has named a new director of innovation. Kristina Morris will be taking on the role at the Washington, D.C.-based community banking industry organization. In this role, Morris will be working with the ICBA…

Teslar Software has been named the Best Solution for Lending in the 2021 Best of FinXTech Awards. The Springdale-based fintech company was one of four companies that was selected as a winner for the 2021 awards. Held by financial industry…

First National Bank is increasing its presence in Tennessee by expanding into the Nashville market. The Paragould-based bank is acquiring Citizens Bank, which is based in Hartsville, Tenn. The bank operates three locations and also serves Gallatin and Hendersonville in…

Dillard’s is extending a $800 million revolving credit facility for its liquidity needs. The Little Rock-based clothing retailer announced that it would be amending and extending its senior secured revolving credit facility on Thursday, April 28. It previously amended its…

Arvest Bank has named a new community bank president for its Conway and Morrilton markets. Brooks Davis will be taking over this position for the two markets. Most recently, Davis served as a senior vice president and commercial loan manager…

Arvest Bank will be participating in a new Federal Reserve Bank program that is designed to allow financial institutions to provide instant payment services around the clock. This new pilot program, FedNow, is aimed at giving banks and financial institutions…