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First Security Bank is a privately held company based in Searcy, Arkansas.It currently operates 78 locations across the state of Arkansas and is a division of Arkansas’ fifth largest bank holding company, First Security Bancorp. [1] First Security owns the recognizable [citation needed] First Security Center in Downtown Little Rock, located in the historic River Market District.
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 ]
The First National Bank of North Arkansas (from 1913 to 2011 the First National Bank of Berryville) was founded in 1889 and is one of the oldest functioning regional banks in Arkansas. [1] [2] In 2022, the bank announced it would seek a state bank charter, and would seek a name change to Bank of 1889. [3]
Bank OZK began as a community bank in Jasper, Arkansas in 1903, expanding to a second location in Ozark, Arkansas in 1937. [3]In 1979, when the bank had 2 branches and $28 million in assets, George Gleason, a 25-year-old lawyer at the Rose Law Firm, bought the bank changed its name to Bank of the Ozarks.
Image source: The Motley Fool/Upsplash. Roughly 5.9 million households in the U.S. are unbanked, according to the Federal Deposit Insurance Corporation (FDIC).
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In 2007, Equity Bank made its first foray into the Kansas City metropolitan area, opening a location in Lee's Summit, Missouri. [4] The opening marked Equity's first location in Missouri, making the bank a multi-state operation. In June 2007, Equity Bank possessed $226.9 million of assets, compared to just $52.8 million in December 2004. [5]