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Arkansas State Bank Department

Our mission is to efficiently allocate Department resources to maintain a legal and regulatory structure for Arkansas that provides the public with convenient, safe and competitive banking, which allows for economic development within this State.

News

FDIC Implements Regulatory Assistance Plan For Areas In Arkansas Affected by Severe Weather
Jun 19th, 2017

The Federal Deposit Insurance Corporation (FDIC) announced initiatives on June 19, 2017, to provide regulatory assistance to financial institutions in - and to facilitate the recovery of - areas in Arkansas affected by severe weather this spring.

Federal Reserve Chair Yellen Will Open Research and Policy Conference in 2017
Jun 16th, 2017

Federal Reserve chair Janet Yellen will deliver opening remarks at the "Community Banking in the 21st Century" research and policy conference in October.

The fifth annual conference, co-sponsored by the Federal Reserve System and...

New Staffing Announced
May 22nd, 2017

The Arkansas State Bank Department is pleased to announce the promotion of Dharmin Patel to Bank Exam Manager for one of our Little Rock Examination groups on May 22, 2017.

FS-ISAC Plans Cyber Exercise
May 5th, 2017

The Financial Services-Information Sharing and Analysis Center (FS-ISAC) is planning a Cyber-Attack Against Payment Systems exercise session twice in September.  Regulated financial institutions in North America can participate at no cost in sessions on September 12-13 or September...

Bank IS Examiner Added
Mar 6th, 2017

The Arkansas State Bank Department is pleased to announce the addition of Richard T. Puloma to our staff.  Richard joined us as a Bank Examiner Trainee (IS) on March 6, 2017.

CSBS Releases BSA/AML Self-Assessment Tool for Banks and Non-depository Financial Institutions
Feb 2nd, 2017

The Conference of State Bank Supervisors (CSBS) has developed a Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Self-Assessment Tool for banks and non-depository financial institutions.

Although Bank Department examiners will utilize the tool as part of their review of...

Governor Hutchinson Appoints David Leech of Stuttgart to State Banking Board
Feb 2nd, 2017

David Leech of Stuttgart, a retired retail grocer and member of the board of directors of McGehee Bank, has been appointed to the State Banking Board.  Leech’s appointment by Governor Asa Hutchinson was effective as of January...