Batesville-chartered The Citizens Bank, which has three offices in Northwest Arkansas, has named its first regional president. Ron Branscum, previously the lender’s city president in Rogers, is now executive vice president and Northwest Arkansas market president. “Ron Branscum has proven his leadership capabilities as city president for our operations in Continue Reading
The world is changing faster than ever before. With billions of people hyper-connected to each other in an unprecedented global network, it allows for an almost instantaneous and frictionless spread of new ideas and innovations. Combine this connectedness with rapidly changing demographics, shifting values and attitudes, growing political uncertainty, and Continue Reading
Brad Chambless is the new CEO and President of Farmers and Merchants Bank and the Bank of Fayetteville. He succeeds Gary Hudson, who retired on Dec. 31, 2020. Chambless joined Farmers and Merchants Bank in 2006 and most recently served as Executive Vice President and is a member of Continue Reading
Consumer spending crept upward again in October but personal income fell due to the decline of government payments, according to the monthly update issued by the Bureau of Economic Analysis. Consumer spending dropped significantly after the COVID-19 pandemic started in the U.S. in March. Many states instituted shutdowns to Continue Reading
Armor Bank and Stuttgart-based Farmers and Merchants Bank have announced that a definitive agreement has been signed for Armor Bank to purchase the Marianna branch of Farmers and Merchants Bank pending regulatory approvals. The transaction is anticipated to close early next year. Financial terms were not disclosed. Armor Bank will Continue Reading
Bloomberg Businessweek has named Southern Bancorp CEO Darrin Williams to the 2020 Bloomberg 50, its annual list of innovators, entrepreneurs, and leaders who have changed the global business landscape over the past year. The list will be published in the December 7 issue of Bloomberg Businessweek Among those Continue Reading
April is National Financial Capability Month, a time to encourage people to take action to improve their financial futures. According to a recent Bank of America survey, 43% of Americans said they could not save as much as they expected in 2020. Regularly reviewing savings and spending habits is Continue Reading
