Arkansas

Southern Bancorp, a community development financial institution, will devote part of a multimillion-dollar investment from the payments giant to developing technology that helps consumers budget, buy a home and more.

Southern Bancorp's CEO said money from Square would help his bank continue serving underserved communities.

Truity Credit Union in Oklahoma is selling its only branch in the state.

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

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.

Karyn Davis has taken over as chief executive following Linda Stanton's retirement.

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.

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

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

Arkansas Democrat-Gazette FCU, originally chartered to serve newspaper employees, has received regulatory approval to merge into a larger institution.

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.

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

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

The Arkansas company will pay $434 million for Landrum Co., which also has branches in Oklahoma and Texas.

First Financial Banc will gain nearly $300 million in liquidity when it acquires First National Corp. of Wynne.

County Bancorp is a small dairy lender in Wisconsin with an exposure to milk prices, and Bank OZK is a larger bank in Arkansas coping with out-of-market real estate trends. Their stories show how market sensitivities can vex specialists.

As more credit unions deploy mobile video banking, some observers say if credit unions don’t hop on board now they could be left behind in the next few years.

From new legislation to mergers and more, here's a look at measures from across the country that could change how credit unions do business.

Credit unions in Arkansas and Florida argue that allowing the industry to take deposits from cities and other public entities would help with funding and control for risk.

After a 50% increase in bank acquisitions by credit unions last year, analysts are predicting even more deals in 2019.