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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:

 

 

Whittney Baggs earned a Bachelor of Science Degree in Financial Management from Arkansas State University in Jonesboro. Mrs. Baggs has over two years of work experience as a Financial Examiner for the State of Nebraska Department of Banking. Mrs. Baggs will be working as a Commercial Examiner in our Jonesboro office.
John "Owen" Moore earned a Bachelor of Science Degree in Agricultural Business from the University of Arkansas in Fayetteville. Mr. Moore has over two years of work experience in the insurance industry. Mr. Moore will be working as a Commercial Examiner in our Little Rock office.
Jordan Hindman earned a Bachelor of Science Degree in Business Administration from Arkansas State University in Jonesboro. Mr. Hindman has almost three years of work experience in the banking industry. Mr. Hindman will be working as a Commercial Examiner in our Springdale office.
Joshua "Easton" Householder earned a Bachelor of Science Degree in Finance from Arkansas State University in Jonesboro. Mr. Householder has over one year of work experience in the banking industry. Mr. Householder will be working as a Commercial Examiner in our Springdale office.
Krystal Smith The Arkansas State Bank Department has hired Krystal Smith as an Administrative Specialist effective August 21, 2023. Ms. Smith earned an Associates of Science Degree from Pulaski Technical College in Little Rock. She has prior work experience with the Arkansas Department of Finance and Administration. Ms. Smith will be working in our Training Division in the Little Rock office.

 


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 $158 billion as of September 30, 2023. 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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