Major Arkansas Banks

by Tory Douglas on March 6, 2012

Arkansas shares its border with 6 US states including Missouri and Texas and is home to many large corporations such as Wal-Mart and Tyson Foods. Among some of the biggest revenue generating industries of Arkansas is the tourism industry which is often known as “The Natural State”, hinting upon the promotional logo used for the state while advertising its tourism industry. Arkansas is also considered to be one of the best places to operate business in and ranks 9th in terms of business cost and growth prospects.

Owing to this exceptional progress of Arkansas, a myriad of banking institutes are making their name here by providing a range of excellent services. Described briefly below are some of the top financial institutions in Arkansas.

Centennial Bank

Centennial bank has been elected as the top bank of the state and was formed in 1999 under the name of First State Bank in Conway. Afterwards, Home Bancshares, the primary or the parent organization combined all the other endeavors and established one institution named Centennial Bank. The bank is known for the innumerable services and products it offers to the clients, it won’t be wrong to say the bank is the trend-setter in its own unique way since it was one of the primary banks that offered “First account kids club” designed for children to help them become savers in the early age. It offers services such as business solutions, checking and savings accounts, cash management, business and personal loans, health savings, retirement plans and investment services among others.

First Security Bank

First Security Bank is considered to be among the leading Arkansas banks with around 60 offices and over 900 employees. The bank is founded in Searcy and provides a range of monetary solutions to satisfy not just the individuals but also the corporations. Some of the notable services offered by the bank are savings and checking accounts, business and home loans etc.

Metropolitan National Bank

The Metropolitan National Bank was formed in 1970 in Little Rock to cater to the banking needs of clients. The bank has been evolving ever since it has been founded; it is operating 48 branches and has 56 ATMs around Arkansas. It is considered to be one of the best banks in the state pertaining to its outstanding services and convenient locations. You can avail a number of different services via this bank, some of these are; savings and checking accounts, home loans, personal loans, online and mobile banking, wealth management, business banking etc.

Southern Bancorp

Southern Bancorp was established back in 1986 in order to facilitate the rural population of the state and this step was taken by Bill Clinton, Governor of Arkansas during that period. Now, the bank is known to be among some of the largest commercial rural bank, continuously growing and retaining the ability to a positive change at the local level. Some of the services clients can expect from the bank are savings and checking accounts, online banking, home loans, loans for meeting individual as well as commercial needs etc.

The aforementioned major Arkansas financial institutions are some of the top Arkansas banks; yet, many other banks offering similar services with outstanding customer support are also present in this state.

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