Business & Finance

Generations Bank has promoted Randy Torres to Market President for the Siloam Springs market. In his new role, Torres will oversee operations, lending and deposit relationships growth, and community involvement for the Siloam Springs market. “Randy is a longtime resident of the Siloam…

Southern Bancorp added two new members to its leadership team. Kenya Davenport joins the CDFI as the organization’s Chief of Staff, and Will Lambe joins as Chief Strategy Officer. “I’m excited to welcome both Kenya and Will to Southern Bancorp’s leadership…

The Independent Community Bankers of America (ICBA), in partnership with The Venture Center and the State of Arkansas, has unveiled its fourth annual ICBA ThinkTECH Accelerator cohort. The latest fintech cohort in this global fintech accelerator supports ICBA’s mission to…

Daryl Seaton will take on a new role as president of Sowell Management, a $4.5 billion, privately held Registered Investment Advisory (RIA) firm based in North Little Rock, while founder Bill Sowell will transition to CEO,  the company announced Friday.…

The Federal Reserve Bank of St. Louis announced changes to its Little Rock Branch board of directors, effective Jan. 1: Millie A. Ward, president of Stone Ward in Little Rock, has been elected board chair for 2022 by the Branch…

The University of Arkansas’ 28th annual Business Forecast Luncheon will take place from 11:30 a.m. to 1:30 p.m. Friday, Jan. 28, 2022, at the Rogers Convention Center in the World Trade Center District in Rogers, and will feature a panel…

Arkansas IT company Edafio has partnered with Boston-based private equity firm M/C Partners on a strategic investment that will provide Edafio with opportunities for growth, such as enhanced service capabilities and regional expansion. Edafio Technology Partners, founded in 1999 as…

Simmons Bank has created a new Corporate Banking division that will help to consolidate specialized lines of business loans aligning commercial and equipment finance, government and institutional banking, mortgage warehouse lending, commercial deposits, asset-based lending and structured real estate finance…

Arvest Bank has named Scott Copeland as Community Bank President in Mountain Home. Copeland has more than 14 years of industry experience, most recently serving as market president for another financial institution. “Scott is deeply-rooted in the Mountain Home community…

Arkansas investment firm Natural Capital has purchased three properties in Fayetteville, including the headquarters of Kimbel Mechanical Systems, as well as two additional Kimbel Mechanical Systems’ warehouses. The buildings, located just off of I-49 at 1936, 2041, and 207 N.…