I know we have mentioned before banks popping up all over the place up here in northwest Arkansas. Not only are banks new to the area coming into the area but newly formed banks are also popping up. Despite some people thinking there may soon be too many banks to be supported by the area many disagree. Apparently $6Bil was deposited into banks here in northwest Arkansas just in the past year alone. So it seems there's still more room for new banks to come for now.
Banks in Northwest Arkansas
Started by
Mith242
, Dec 07 2005 05:14 PM
7 replies to this topic
#2
mcheiss
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Posted 08 December 2005 - 07:41 AM
Bank of the Ozarks just opened up there first Bentonville location not too long ago.
#3
Aporkalypse
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Posted 08 December 2005 - 09:14 AM
A healthy regional economy is going to have a lot of small spinoff banks. These are often the ones that offer the best interest rates and deals for the wealthy. Large banks like B of A have advantages but are terrible for investors.
Bank of the Ozarks is based in LR but really has created a web throughout Central and NWA. It's a pretty well-run bank as is Arvest.
Bank of the Ozarks is based in LR but really has created a web throughout Central and NWA. It's a pretty well-run bank as is Arvest.
#4
Mith242
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Gigalopolis
Posted 08 December 2005 - 03:09 PM
Aporkalypse, on Dec 8 2005, 09:14 AM, said:
A healthy regional economy is going to have a lot of small spinoff banks. These are often the ones that offer the best interest rates and deals for the wealthy. Large banks like B of A have advantages but are terrible for investors.
Bank of the Ozarks is based in LR but really has created a web throughout Central and NWA. It's a pretty well-run bank as is Arvest.
Bank of the Ozarks is based in LR but really has created a web throughout Central and NWA. It's a pretty well-run bank as is Arvest.
Edited by Mith242, 08 December 2005 - 03:09 PM.
#5
mcheiss
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Posted 08 December 2005 - 03:18 PM
Mith242, on Dec 8 2005, 03:09 PM, said:
I don't know if Bank of the Ozarks is too well established in the northwest Arkansas metro yet, but it's probably just a matter of time.
#6
Aporkalypse
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Posted 08 December 2005 - 03:20 PM
mcheiss, on Dec 8 2005, 03:18 PM, said:
Aren't they shooting for around 6 or 7 Banks in the Future?
They are, they're moving from South to North, I think. Ft Smith's well-served by B of O.
#7
Mith242
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Posted 08 December 2005 - 03:36 PM
Aporkalypse, on Dec 8 2005, 03:20 PM, said:
They are, they're moving from South to North, I think. Ft Smith's well-served by B of O.
I admit there are some areas of the city I just don't always get over to a whole lot. I wonder if any of them will really be able to give Arvest a run for it's money. Honestly I didn't intentionally put that pun in there. 
#8
mcheiss
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Posted 08 December 2005 - 03:43 PM
Mith242, on Dec 8 2005, 03:36 PM, said:
We may have one here in fayetteville, but if we do I haven't seen it. Although that always doesn't mean much. I admit there are some areas of the city I just don't always get over to a whole lot. I wonder if any of them will really be able to give Arvest a run for it's money. Honestly I didn't intentionally put that pun in there.
I admit there are some areas of the city I just don't always get over to a whole lot. I wonder if any of them will really be able to give Arvest a run for it's money. Honestly I didn't intentionally put that pun in there. 
