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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 Regulators and U.S. Secret Service Issue Industry Best Practices for Combating Cyber Crime

Jun 28th, 2017

State bank regulators, jointly with the United States Secret Service, on June 28 released banker "best practices" for managing the risk of certain cyber threats.

The best practices were developed by the Bankers Electronic Crimes Task Force, the members of which include chief executive and other senior officers 

 

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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 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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