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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.

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State Bank Board

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Consumer Info

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Departmental Info

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Institution Info

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New Hires

 

The Arkansas State Bank Department proudly announces

the recent employment of the following individuals:

 

 

Mr. William “Peyton” Fogg joined the Department effective August 5, 2024. Mr. Fogg earned both a Bachelor’s Degree in Economics and an MBA from Arkansas State University in Jonesboro, AR, and has almost two years of banking and finance experience including one year as Teller II for Centennial Bank and almost one year of experience as a Financial Representative with Northwestern Mutual. Mr. Fogg is a Commercial Examiner assigned to our Jonesboro office.
Mr. Maxwell Hanner joined the Department effective August 5, 2024. Mr. Hanner earned a Bachelor’s Degree in Finance from Arkansas State University in Jonesboro, AR. Mr. Hanner is a Commercial Examiner assigned to our Little Rock office.
Mr. Christopher "Chris" Wilson joined the Department effective August 5, 2024. Mr. Hanner has over 32 years of banking experience, including seven years of prior bank examination experience with the Arkansas State Bank Department. Mr. Wilson serves as a Senior Commercial Examiner in our Springdale office.

 

The Great Seal of Arkansas

The State Bank Department was created by Act 113 of 1913. The Department is charged with regulating state-chartered commercial banks with main offices in Arkansas. These 70 banks hold assets of over $168 billion as of March 31, 2025. 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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