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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:

Dustin Hill was promoted to Bank Junior Examiner effective October 30, 2022. Mr. Hill earned a Bachelor of Science Degree from Walton College of Business at the University of Arkansas in Fayetteville. Mr. Hill serves as a Bank Junior Examiner and works out of our Little Rock Office.
Peyton Tillman was promoted to Bank Senior Examiner effective November 13, 2022. Mr. Tillman earned a Bachelor of Finance at the Arkansas State University in Jonesboro and serves as a Bank Senior Examiner in our Jonesboro office.
Adam Chase was promoted to Certified Bank Sr. Examiner effective November 13, 2022. Mr. Chase earned a Bachelor of Science in Emergency Administration and Management and a Master of Business Administration from Arkansas Tech University in Russellville. Mr. Chase serves as a Certified Bank Senior Examiner in our Springdale office.
Wesley Mathis was promoted to Certified Bank Senior Examiner effective November 13, 2022.
Mr. Mathis earned a Bachelor of Business Administration in Finance from the University of Central Arkansas in Conway and serves as a Certified Bank Senior Examiner 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 74 banks hold assets of over $150 billion as of December 31, 2022. 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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