Closing of Acquisition Pushes First National Bank to $358M in Assets
First National Corp. of Wynne, the parent company of The First National Bank of Wynne, announced Friday that it has completed its previously announced $9.5 million acquisition of Bank of McCrory. The...
View ArticlePrecision Auto Care Sale Tops Recent Real Estate Deals
Physchpaice Trust/40 MRA Investments Inc. of Encino, California, bought a 3,240-SF Precision Tune Auto Care project at 4630 JFK Blvd. in North Little Rock for $775,000. The seller was CRM Capital...
View ArticleWarehouse-Showroom Draws $1.8 Million Sale (Real Deals)
A 25,248-SF warehouse-showroom in Sherwood tipped the scales at $1.83 million. Jackson Street Group LLC, led by Matthew Lane and Lane Patterson, bought the Furniture Factory Outlet at 6527 Warden Road....
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Albright Advances to SVP at Bank of America (Movers & Shakers)
Heather Albright of Bank of America in Little Rock. () Heather Albright has been promoted to senior vice president at Bank of America in Little Rock, where she is a senior relationship manager for...
View Article2021: A Good Year for Big Private Companies
With 2022 nearly half over and inflation and the threat of recession in the headlines daily, it’s hard to remember just what a good year 2021 was for business. And that’s not just compared with 2020,...
View ArticleMoney on the Move
Cash is quickly becoming a thing of the past, but money is still moving fast. As digital capabilities drive a world focused on instant gratification, banks and credit unions are caught between a place...
View ArticleFederal Home Loan Bank Awards $435K for Paragould Housing
The Federal Home Loan Bank of Dallas has awarded the Paragould Housing Authority a $435,000 grant for a project that will provide housing for the elderly. The 48-unit development is one of 26 projects...
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Edward Haddock to Lead Small Business at FNBC Bank of Ash Flat (Movers &...
Edward Haddock ( FNBC Bank) Edward Haddock has been hired to lead the small-business division at FNBC Bank of Ash Flat. Haddock will lead the growth of FNBC’s small-business portfolio. He has more than...
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Sister Banks Set Merger For Q1 of Next Year
The pending merger of the two lenders owned by Mena’s Union Bankshares Inc. will create a bank that ranks among the 30 largest in Arkansas. Based on Sept. 30 financial reports, the combination of Union...
View ArticleClarity Pointe Assisted Living Facility Sells for $5.9M
This week’s million-dollar deals and construction starts off with a west Little Rock assisted living facility. ► Transportation Alliance Real Estate LLC, an affiliate of Transportation Alliance Bank of...
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War Stories (Gwen Moritz Editor’s Note)
Arkansas Business will mark 40 years of service to our state business community this year, and last week some of the staff were invited to talk to the Rotary Club of Little Rock about all the history...
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RiverBank Buys Into Paragould
RiverBank of Pocahontas is adding a third northeast Arkansas market to its footprint. The $115 million-asset lender is developing a full-service branch in Paragould. The bank purchased a 0.57-acre site...
View ArticleAgri Land Transaction Totals Nearly $5M (Real Deals)
More than 775 acres in east Pulaski County tipped the scales at $4.95 million. Farm2Market LLC of Brentwood, Tennessee, acquired the farmland near the southwest corner of Wayne and Clear Lake Toltec...
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