Agencies   |   Online Services   |   State Directory

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.

Bank Holding Companies

A holding company must be thought of as a business entity with the purpose of serving as a source of financial and managerial strength to its subsidiaries.  The parent company’s board of directors is responsible for formulation of applicable policies and contracts, as well as initiation of procedures for proper record keeping that will ensure the correct preparation of all Federal Reserve System reports. 

The links below contain recommendations for the development and improvement of holding company records.

Shareholders’ and Directors’ Meetings

General Ledger, Cash Receipts and Disbursements Journal, and Financial Statements

Management Fee Contracts

Common Errors noted in Preparation of Federal Reserve System Reports

Sections 23A and 23B of the Federal Reserve Act

Stock Transfer Notifications and Other Information for the State Bank Commissioner

Additional information may be found in the Federal Reserve’s Bank Holding Company Supervisory Manual.

For additional information from the Arkansas State Bank Department click here for information on how you can contact us.