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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.

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Special Meeting of the State Banking Board

Nov 6th, 2023

Notice is hereby given that a Special Meeting of the State Banking Board is scheduled for Wednesday, December 13, 2023. The meeting will be held at 10:00 a.m. at the Arkansas Department of Commerce, 1 Commerce Way, Little Rock, Arkansas. 

The Board will hear the following items of business: 

1. An application for the merger of First National Bank at Paris, Paris, Logan County, Arkansas, with and into Union Bank, Mena, Polk County, Arkansas.
2. Any other business, which may properly be brought before the Board.
 
 

 

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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 state-chartered commercial banks with main offices in Arkansas. These 73 banks hold assets of over $161 billion as of December 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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