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Evolve Bank & Trust, formerly First State Bank, [4] is an American bank headquartered in West Memphis, Arkansas. It is best known since 2010 for partnering with fintech companies to offer banking services to their customers. [3] Evolve has been recognized multiple times as an Inc. 5000 company [5] and has also received several honors from Top ...
Shark Tank star Mark Cuban led a $3 million seed investment round in the company, saying he was crushed by overdraft fees in his twenties. The CEO of Dave, Jason Wilk, [10] [circular reference] was the former creator of AllScreen, a company which was also originally funded by Cuban, who put in a $300,000 investment.
In September 2024, Yotta sued Evolve in the United States District Court for the Northern District of California, accusing the bank of conspiring with Synapse to take Yotta's customer funds. [ 13 ] In November 2024, 13,725 Yotta depositors said that they were being offered $11.8 million of their $64.9 million in deposits.
In a post on social media platform X, Mercury said Evolve's security breach included some account numbers and deposit balances associated with the fintech company and that affected customers have ...
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First Bank System, Inc. (CNB remained unchanged until after merger with U.S. Bancorp) U.S. Bancorp: 1993 Banc One Corp. Valley National Bank of Arizona: Banc One Corp. JPMorgan Chase: 1993 Bank of Boston Corp. South Shore Bank, Mechanics Bank, First Agricultural Bank of Boston Corp. Bank of America: 1993 First Union Corporation: Dominion Bank
Arvest Bank is a bank headquartered in Bentonville, Arkansas, with branches in Arkansas, Kansas, Oklahoma and Missouri. It is the oldest bank in Arkansas and is on the list of largest banks in the United States. It is almost entirely owned by the Walton family. [3] Jim Walton serves as the chairman. [4]
In 2004, the bank acquired Business Bank of Baton Rouge, Louisiana, and Premier Bank of Brentwood, Tennessee. [6] In 2005, the bank acquired American State Bank of Jonesboro, Arkansas. [7] In October 2006, the bank acquired City Bancorp of Springfield, Missouri, for $170 million with half consisting of BancorpSouth stock and the remainder in ...