The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

Arvest in Arkansas to sell 16 branches in four states

Arvest Bank of Fayetteville, Ark., has agreed to sell 16 branches to five different banks.


The $26 billion-asset bank said in a Friday press release that it plans to sell the locations during the first quarter.

Magnolia Banking in Magnolia, Ark., agreed to buy nine branches in Arkansas and Oklahoma. 

Cross County Bank in Wynne, Ark., will buy two Arkansas locations, while FNBC Bank in Ash Flat, Ark., will also acquire a pair of offices in Missouri. 

Generations Bank in Rogers, Ark., is buying a branch in Missouri. RCB Bank in Claremore, Okla., is buying a Kansas branch and an Oklahoma office.

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The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

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About the author

Paul Davis has 20+ years of experience following the banking industry. He is currently director of market intelligence at SRM, an advisory firm that operates in North America and Europe.

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