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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

Apr 15th, 2024

Notice is hereby given that a Special Meeting of the State Banking Board is scheduled for Thursday, May 23, 2024. 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 State Bank of Warren, Warren, Bradley County, Arkansas, with and into Commercial Bank & Trust Company, Monticello, Drew County, Arkansas.
2. An application for the merger of Security Bank, Stephens, Ouachita County, Arkansas, with and into Bank of Salem, Salem, Fulton County, Arkansas.
3. Any other business, which may properly be brought before the Board.
 
 
 
SIGNED THIS 15th day of April 2024.
 
 
 
Susannah T. Marshall
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 state-chartered commercial banks with main offices in Arkansas. These 71 banks hold assets of over $166 billion as of September 30, 2024. 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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