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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.

State Bank Board Special Meeting

May 22nd, 2018

NOTICE

Notice is hereby given that a Special Meeting of the State Banking Board is scheduled for Thursday, June 28, 2018.  The meeting will be held at 10:00 a.m. in the conference room of the Arkansas State Bank Department, 400 Hardin Road, Suite 100, Little Rock, Arkansas.

The Board will hear the following items of business:

  1. An application by Armor Bank, N.A., Forrest City, Arkansas, to convert to a state-chartered bank to be known as Armor Bank; and
  1. Any other business, which may properly be brought before the Board.

 

SIGNED THIS 22nd day of May 2018.             

 

                                                                                                Candace A. Franks

                                                                                                Bank Commissioner

 

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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 78 banks hold assets of $98.9 billion as of September 30, 2018. 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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