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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.

News

New State Bank Charter
Nov 1st, 2022

A Regular Meeting of the Arkansas State Banking Board was held on October 20, 2022, in which the State Banking Board unanimously approved the application for conversion of Relyance Bank, National Association, White Hall, Arkansas to a...

Avoiding Identity Theft & Staying Cyber-Safe
Oct 4th, 2022

As part of National Cybersecurity Month, the following public webinar is available: “Avoiding Identity Theft & Staying Cyber-Safe,” a free, online webinar on Tuesday, October 11 at 6:30 PM presented by Lee Watson, Founder and CEO of Forge...

Update to Cybersecurity Resource Guide for Financial Institutions
Oct 3rd, 2022

The Federal Financial Institutions Examination Council, on behalf of its members, released an update to...

Cybersecurity Apprenticeship Employer Accelerator
Aug 24th, 2022

Cyber threats grow daily. It is estimated that the U.S. has over 700,000...

AFEC & CALS 2022 Financial Education Series
Aug 12th, 2022

The Arkansas Financial Education Commission and the Central Arkansas Library System have partnered to offer a free virtual financial education series. The...

FDIC Issues Advisory on Crypto
Jul 29th, 2022

Washington - The Federal Deposit Insurance Corporation(FDIC) published the following advisory related to Cryptocurrency.

https://www.fdic.gov/news/financial-institution-letters/2022/fil22035.html


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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