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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.

Cybersecurity Apprenticeship Employer Accelerator

Aug 24th, 2022

Cyber threats grow daily. It is estimated that the U.S. has over 700,000 open cybersecurity positions; over 4,000 of those are here in Arkansas. The U.S. Department of Labor in coordination with the White House Office of the Cyber Director and the Department of Commerce has announced a 120-day Cybersecurity Apprenticeship Sprint to promote the Registered Apprenticeship model as a solution to develop and train a skilled cybersecurity workforce. 

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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 73 banks hold assets of over $153 billion as of March 31, 2023. 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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