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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.

New Hires

 

The Arkansas State Bank Department proudly announces

the recent employment of the following individuals:

 

 

Aaron Lockwood joined our staff as a Commercial Bank Examiner in our Little Rock office on November 14, 2019. Aaron has a Bachelor's Degree in Finance (with an emphasis in Banking) and Economics from the UofA in Fayetteville.

 

 

 

Katie Potter joined our staff as a Commercial Bank Examiner in our Jonesboro office on November 14, 2019. Katie has a Bachelor's Degree in Mathematics and Accounting from ASU in Jonesboro, and has over 10 years of auditing and/or banking experience.

 

 

 

Peyton Tillman joined our staff as a Commercial Bank Examiner in our Jonesboro office on November 14, 2019. Peyton has a Bachelor's Degree in Finance (with an emphasis in Banking) from ASU in Jonesboro and has 2.5 years of banking experience.

 

 

 


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 75 banks hold assets of over $123.0 billion as of June 30, 2020. 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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