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Arkansas State Bank Department

The mission of ASBD is to maintain a legal and regulatory structure for Arkansas's financial industry. This structure provides the public with convenient, safe and competitive banking, which fosters economic development within this State. Our mission is accomplished through efficient allocation of available human and other resources existing in our Examination, Information Technology and Administrative Services Divisions.

New Hires


The Arkansas State Bank Department proudly announces

the recent employment of the following individuals:



M. Lance Black joined our staff on September 18, 2017 as a Bank Examiner Trainee (Trust).  A 2013 graduate of the Oklahoma Wesleyan University with a BS degree in Financial Economics, Lance received his Juris Doctorate from the UALR William Bowen School of Law in 2016 and will work in our Little Rock Office.



                Elliot R. Hartle joined our staff on September 18, 2017 as a Bank Examiner Trainee (IS).  A 2009 graduate of the University of Central Arkansas with a BBA degree in Finance , Elliot will work in our Little Rock Office.




The Great Seal of Arkansas

The State Bank Department was created by Act 113 of 1913. The Department is charged with regulating commercial banks with main offices in Arkansas. These 80 banks hold assets of $85.2 billion as of June 30, 2017. The Department also is charged with supervising the bank holding companies of Arkansas state-chartered banks; state-chartered trust companies; regional and county industrial development corporations; industrial loan institutions; and capital development companies. The Department operates to ensure the safety and soundness of, and public confidence in, these institutions and organizations.

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