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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.

Staff Appointments/Promotions/Transfers

 

The Arkansas State Bank Department congratulates the following employees on their recent appointmentpromotion/transfer:

 

Adam Chase — promoted to Bank Junior Examiner effective September 24, 2017.

 

 

 

Kelly Davis — promoted to Bank Junior Examiner effective September 24, 2017.

 

 

 

Joel Futrell — promoted to Bank Assistant Examiner effective October 2, 2017.

 

 

 

Scott Lambert — promoted to Commissioned Senior Examiner effective August 1, 2017.

 

 

 

Wes Mathis — promoted to Bank Junior Examiner effective September 24, 2017.

 

 

 

Wynne Morgan — promoted to Bank Junior Examiner effective September 24, 2017.

 

 

 

Daniel Park — promoted to Bank Assistant Examiner effective October 2, 2017.

 

 

 

Johnathon Welch — promoted to Commissioned Senior Examiner effective August 1, 2017.

 

 

 


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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