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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.

Arkansas receives CSBS Bank reaccreditation

May 7th, 2024

LITTLE ROCK, Ark. (May 7, 2024) — The Arkansas State Bank Department has earned reaccreditation status for bank supervision from the Conference of State Bank Supervisors (CSBS). The reaccreditation certifies that the department maintains top national standards and practices for state supervision set by the CSBS Bank Accreditation Program.

First accredited in August 1988, the Arkansas State Bank Department has been reaccredited seven times.

“Reaccreditation is extremely important to the operation of our agency and indicative of the strength of the bank regulatory regime in Arkansas,” said Commissioner of the Arkansas State Bank Department Susannah Marshall. “I am very proud of this accomplishment and the hard work our entire team committed to achieving this goal. The bank department staff works hard every day to provide Arkansas with a safe and sound banking industry, and we strive to operate a highly effective bank supervision program.”

“CSBS sets rigorous standards for our accreditation programs,” said CSBS President and CEO Brandon Milhorn. “Commissioner Marshall and the Arkansas State Bank Department’s reaccreditation demonstrates their continued commitment to meet these high standards and further promotes a strong state supervisory system for all financial services.”

CSBS established accreditation programs for bank, mortgage, and money services business supervision to identify highly competent state regulators of financial institutions, promote safe and sound financial services, and ensure consumer protection. To earn accreditation, state agencies must undergo a rigorous and comprehensive independent review of their operations, including administration and finance, personnel training, examination, supervision, and statutory powers.

For more information on all three CSBS Accreditation Programs, visit csbs.org.

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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 72 banks hold assets of over $164 billion as of June 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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