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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:

 

 

The Arkansas State Bank Department hired Dustin Hill as a Bank Examiner Assistant, as of November 1, 2021.
Mr. Hill earned a Bachelor of Science in Finance from Walton College of Business at the University of Arkansas.
Before coming to the Bank Department, Mr. Hill was employed as a Senior Securities Examiner for the Arkansas State Securities Department.

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 73 banks hold assets of over $133.1 billion as of September 30, 2021. 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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