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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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Regular Meeting of the State Banking Board is scheduled for Thursday, October 17, 2024.

Sep 3rd, 2024

NOTICE

Notice is hereby given that a Regular Meeting of the State Banking Board is scheduled for Thursday,

October 17, 2024. The meeting will be held at I 0:00 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 Piggott State Bank, Piggott, Clay County, Arkansas, with and into

Farmers Bank and Trust Company, Blytheville, Mississippi County, Arkansas.

2. Any other business, which may properly be brought before the Board.

 

SIGNED THIS 3rd day of September 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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