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Arvest Bank

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In March 2014, Dennis Smiley, the CEO of the Benton County Arvest Bank, resigned as he was being investigated by the FBI for loan fraud. In 2016, he was sentenced to 97 months for obtaining loans wrongfully, coercing subordinates and forging family members' signatures.
507: 395:, a U.S. senator from Arkansas, was accused of pushing for an increase to an asset threshold in a financial regulation bill to benefit Arvest. Lincoln stated that she did not want any bank in Arkansas to be affected by the bill. 517: 379:. SolutionsBank had six branches and assets of $ 511 million. In June 2012, the bank acquired Union Bank. In March 2013, the bank acquired 29 branches in Arkansas, Kansas, Missouri and Oklahoma from 35: 806: 718: 742: 556: 50: 301: 786: 487: 612: 578: 473: 368: 757: 796: 72: 791: 653: 617: 597: 492: 54: 801: 352: 356: 696: 575:"Arvest Bank, Fayetteville, Arkansas, Assumes All of the Deposits of SolutionsBank, Overland Park, Kansas" 170: 592: 674: 383:. In April 2018, the bank acquired Bear State Financial, with 42 branches and $ 2.2 billion in assets. 675:"Busted: Sen. Blanche Lincoln Caught Looking For Special Favor For Bank Owned By The Wal-Mart Family" 469: 702: 508:"Arvest Bank is an Arkansas Bank Majority-owned by the family of Walmart Inc Founder Sam Walton" 106: 372: 281: 144: 312:
serves as the chairman. The name "Arvest" is a portmanteau of "Arkansas" and "Investment".
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In addition to banking, Arvest provides financial services including loans, deposits,
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Arvest's charter dates back to McIlroy Bank & Trust, founded in 1871. During the
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Waldon, George; Wednesday, Gwen Moritz; Apr. 2; Read, 2014 12:01 Am 3 Min.
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People helping people find financial solutions for life.
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In December 2009, in a transaction organized by the
53:, and by adding encyclopedic content written from a 695: 300:. It is the oldest bank in Arkansas and is on the 654:"Arvest completes acquisition of Bear State Bank" 778: 613:"Arvest Bank closes on Union Bank acquisition" 741:: CS1 maint: numeric names: authors list ( 807:Privately held companies based in Arkansas 672: 415: 302:list of largest banks in the United States 631: 73:Learn how and when to remove this message 693: 488:"Best Places to Work 2018: Arvest Bank" 779: 697:"Lincoln Intervenes for Arkansas Bank" 554: 464: 462: 34:contains content that is written like 755: 579:Federal Deposit Insurance Corporation 474:Federal Deposit Insurance Corporation 371:, the bank acquired SolutionsBank of 369:Federal Deposit Insurance Corporation 304:. It is almost entirely owned by the 632:Hoffmeyer, Rachel (March 25, 2013). 18: 459: 355:, the bank declined funds from the 13: 346: 14: 818: 694:Paletta, Damian (June 23, 2010). 673:Weisenthal, Joe (June 23, 2010). 402: 439: 425: 386: 223: 222: 206: 205: 189: 188: 91: 23: 787:1871 establishments in Arkansas 749: 710: 687: 666: 646: 618:American City Business Journals 598:American City Business Journals 516:. April 2, 2018. Archived from 493:American City Business Journals 362: 269:Footnotes / references 625: 605: 585: 567: 555:Wagner, Matt (April 6, 2009). 548: 524: 500: 480: 1: 453: 357:Troubled Asset Relief Program 762:Talk Business & Politics 561:Springfield Business Journal 7: 470:"Arvest Bank (FDIC # 8728)" 280:is a bank headquartered in 10: 823: 353:2007–2008 financial crisis 797:Banks established in 1871 756:Souza, Kim (2016-01-28). 532:"Jim Walton & family" 267: 251: 241: 231: 214: 197: 180: 150: 140: 122: 112: 102: 90: 343:and mortgage servicing. 792:Banks based in Arkansas 703:The Wall Street Journal 210:$ 18.445 billion (2018) 128:; 153 years ago 375:, which suffered from 227:$ 2.095 billion (2018) 193:$ 0.188 billion (2018) 802:Bentonville, Arkansas 373:Overland Park, Kansas 282:Bentonville, Arkansas 145:Bentonville, Arkansas 55:neutral point of view 601:. December 11, 2009. 581:. December 11, 2009. 126:January 1, 1871 496:. October 12, 2018. 317:treasury management 284:, with branches in 243:Number of employees 87: 47:promotional content 117:Financial services 85: 49:and inappropriate 723:Arkansas Business 662:. April 20, 2018. 577:(Press release). 325:wealth management 275: 274: 83: 82: 75: 814: 772: 771: 769: 768: 753: 747: 746: 740: 732: 730: 729: 714: 708: 707: 699: 691: 685: 684: 680:Business Insider 670: 664: 663: 650: 644: 643: 629: 623: 622: 621:. 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Retrieved 535: 526: 518:the original 511: 502: 491: 482: 447:Banks portal 397: 390: 377:bank failure 366: 363:Acquisitions 350: 333:credit cards 314: 277: 276: 268: 247:6,324 (2018) 217:Total equity 200:Total assets 141:Headquarters 103:Company type 69: 60: 45:by removing 41:Please help 33: 278:Arvest Bank 86:Arvest Bank 781:Categories 767:2023-10-09 728:2023-10-09 541:2023-10-09 454:References 310:Jim Walton 183:Net income 160:Jim Walton 152:Key people 133:1871-01-01 63:March 2017 43:improve it 171:President 737:cite web 298:Missouri 294:Oklahoma 286:Arkansas 164:Chairman 113:Industry 513:Reuters 259:.arvest 252:Website 131: ( 123:Founded 536:Forbes 290:Kansas 107:Public 232:Owner 743:link 659:KTLO 639:KATV 296:and 261:.com 257:www 783:: 760:. 739:}} 735:{{ 721:. 700:. 677:. 656:. 636:. 615:. 595:. 559:. 534:. 510:. 490:. 472:. 461:^ 359:. 339:, 335:, 331:, 327:, 323:, 319:, 308:. 292:, 288:, 770:. 745:) 731:. 706:. 683:. 642:. 563:. 544:. 476:. 173:) 166:) 162:( 135:) 76:) 70:( 65:) 61:( 57:. 39:.

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Public
Financial services
Bentonville, Arkansas
Jim Walton
Chairman
President
Net income
Total assets
Total equity
Walton family
www.arvest.com
Bentonville, Arkansas
Arkansas
Kansas
Oklahoma
Missouri
list of largest banks in the United States
Walton family
Jim Walton
treasury management
asset management
wealth management
life insurance

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