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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:

 

Derek Harvey was promoted to Bank Junior Examiner effective March 22, 2020. Mr. Harvey has has a Bachelor's Degree in Finance from Arkansas State University. Mr. Harvey has served in the ASBD Examination Division since March 2018, and he will continue to be located in our Little Rock office.

 

 

JB Maus, JB Maus was promoted to Bank Junior effective January 12, 2020. Mr. Maus has a Bachelor's Degree in Economics/Finance from the University of Arkansas and a Masters Degree in Finance/Economics from the University of Arkansas. Mr. Maus has served in the ASBD Examination Division since January 2018, and he will continue to be located in our Little Rock office.

 

 

Daniel Sims, was transferred to the Large Bank Examination Group effective March 2, 2020. Mr. Sims has a Business Administration Degree with an Emphasis in Finance from Ouachita Baptist University. He is a Commissioned Senior Examiner with 6.5 years of experience with the Bank Department, and he 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 76 banks hold assets of over $112.6 billion as of March 31, 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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