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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.

Notice of Cancellation

Jun 29th, 2020

  NOTICE OF CANCELLATION

 

            Notice is hereby given that the Regular Meeting of the State Banking Board scheduled for Thursday, July 16, 2020, at 10:00 a.m. in the Conference Room of the Department of Commerce, State Bank Department, 1 Commerce Way, Suite 401, Little Rock, Arkansas has been cancelled.

 

SIGNED THIS 29th day of June 2020.

Candace A. Franks

Bank Commissioner

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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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