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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.

Staff Appointments/Promotions/Transfers

 

The Arkansas State Bank Department congratulates the following employees on their recent appointment/promotion/transfer:

 

Andrew McCormick was promoted to a Certified Bank Sr. Examiner effective 8/9/2020. Mr. McCormick has a Bachelor's Degree in Financial Planning from the University of Central Arkansas. Mr. McCormick has served in the ASBD Examination Division since December 30, 2013 and will continue to be located in our Little Rock office.

 

 

Donna Dodge, was promoted to a Certified Bank Sr. Examiner effective 8/9/2020. Mrs. Dodge has a Bachelor's Degree in Journalism from the University of Arkansas. Mrs. Dodge has served in the ASBD Examination Division since September 23, 2013 and will continue to be located in our Springdale office.

 

 

Daniel Sims, was promoted to a Certified Bank Sr. Examiner effective 8/9/2020. Mr. Sims has a Bachelor's Degree in Business Finance from Ouachita Baptist University. Mr. Sims has served in the ASBD Examination Division since September 23, 2013 and will continue to be located in our 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 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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