Tutt Joins Arvest Bank Mortgage Team in Benton

Wednesday, November 08 at 02:00 PM
Category: Arvest News

Arvest Bank is pleased to announce Mary F. Tutt has been hired as a mortgage loan officer.

Tutt will be based out of Benton. Among other responsibilities, Tutt will qualify customers for mortgage financing and meet with builders, realtors, financial planners and other entities to help create new business.
 
A Memphis native, Tutt has more than 30 years of industry experience. She moved to Arkansas in 2005, after she was forced to evacuate her home in Long Beach, Miss., due to Hurricane Katrina.
 
“We are so excited to welcome Mary to our team in Saline County,” Arvest mortgage manager Eric Cullum said. “Her years of experience will be a great asset to our customers, and we look forward to her helping us continue to grow in this area.”
 
Tutt lives in Malvern.
 
About Arvest 
Arvest Bank, named by Forbes magazine as one of “America’s Best Large Employers” for 2017, operates more than 250 bank branches in Arkansas, Oklahoma, Missouri and Kansas through a group of 16 locally managed banks, each with its own board and management team. These banks serve customers in more than 120 communities, with extended weekday banking hours at many locations. Arvest also provides a wide range of banking services including loans, deposits, treasury management, credit cards, mortgage loans and mortgage servicing. Arvest is an Equal Housing Lender and Member FDIC
Tags: Arkansas, Associates
 

People Helping People Video Series Earns Awards

Tuesday, November 07 at 04:00 PM
Category: People Helping People

Nov. 7, 2017 – MarCom Awards* recently announced the 2017 winners in its annual creative competition for marketing and communications, and Arvest Bank received two awards and an honorable mention for its People Helping People video series.

The series highlights individuals in the communities Arvest serves who are uniquely making a difference in the lives of others. The idea came from the bank’s mission statement: “People helping people find financial solutions for life.” Arvest won a Platinum Award for its overall People Helping People series.

The bank won a Gold Award for its video featuring Steve Ebert, a volunteer cross country coach for Central Junior High School in Springdale, Ark. 

 

The bank also received an honorable mention for its video featuring Marshal Grissom, head coach of the Caney Valley High School Bass Club in Ramona, Okla.

A total of 12 Arkansans, five Missourians and eight Oklahomans have been featured to date. Arvest’s entry was among roughly 6,000 submitted to the MarCom Awards for consideration.

“This series mirrors our overall mission of helping people every day, and we are honored that these individuals will share with us the great work they are doing in their local communities,” Arvest marketing director Jason Kincy said. “It’s our hope that these stories will inspire others to give back to their communities as well.”

MarCom Awards recognizes outstanding achievement by creative professionals involved in the concept, direction, design and production of marketing and communication materials and programs worldwide. Administered by the Association of Marketing and Communications Professionals, the competition is judged by professionals who look for companies and individuals whose talent exceeds a high standard of excellence and whose work serves as a benchmark for the industry.

The People Helping People series launched in August 2016, and has received more than 400,000 total views. The videos are available via Arvest’s YouTube*, Facebook* and Instagram* channels. The bank will publish its 25th story on Friday, Nov. 10th. Arvest social media followers can help spread the word about these inspiring community members by sharing, liking and retweeting the videos. 

About Arvest
Arvest Bank, named by Forbes magazine as one of “America’s Best Large Employers” for 2017, operates more than 250 bank branches in Arkansas, Oklahoma, Missouri and Kansas through a group of 16 locally managed banks, each with its own board and management team. These banks serve customers in more than 120 communities, with extended weekday banking hours at many locations. Arvest also provides a wide range of banking services including loans, deposits, treasury management, credit cards, mortgage loans and mortgage servicing. Arvest is an Equal Housing Lender and Member FDIC.

Links marked with * go to a third-party site not operated or endorsed by Arvest Bank, an FDIC-insured institution.

Tags: Arkansas, Kansas, Missouri, Oklahoma, People Helping People
 

MONEY Names Arvest Bank Arkansas’ Best

Thursday, November 02 at 02:00 PM
Category: Arvest News
Arvest Bank is proud to be named the best… again.
 
Arvest has been chosen as the best bank in Arkansas by MONEY, a personal finance publication offering advice about all aspects of people’s financial lives. This year’s focus, the company said, reflects customers' need for both digital banking capabilities and at least occasional access to physical locations and human help.
 
This recognition comes after Arvest was named the “Best Southern Customer-Focused Bank” by MyBankTracker.com in August. Additionally, Arvest was recognized in May by Forbes magazine as one of “America’s Best Large Employers” for 2017.
 
In explaining why Arvest was selected, MONEY wrote: “Arvest is a top bank for its low fees – including a $17 overdraft fee, roughly half the industry average – plus one of the highest J.D. Power scores in its region for customer satisfaction.”
 
MONEY evaluated the largest 90 brick-and-mortar banks, 50 credit unions, and 15 online banks, as identified by bank consultancy firm Novantas. Bankrate.com, MONEY’s project partner, collected data on fees, interest rates, and account requirements for checking and savings accounts. Using Bankrate’s data, MONEY compared more than 800 accounts and 18,000 data points.
 
Data was collected in July and August, and MONEY independently fact-checked information for each winner in September and early October.
 
When selecting state winners, MONEY excluded checking accounts that required a minimum balance greater than $1,500 to either open the account or waive monthly fees. Priority was given to banks whose checking accounts had no (or easily waived) monthly fees and low or no ATM fees. MONEY also sought higher interest rates for checking and savings accounts. Additional factors included J.D. Power customer service ratings, when available, from the 2017 U.S. Retail Banking Satisfaction Study, geographic reach within a state, recent enforcement actions, and mobile app ratings in the iTunes and Google Play stores.
 
Tags: Arkansas
 

Springdale Coach Goes the Distance to Volunteer - People Helping People Series

Friday, September 22 at 07:15 AM
Category: People Helping People
Steve Ebert wasn’t interested in becoming a coach as much as he was interested in spending some quality time with his daughter.
 
Ebert’s daughter was entering seventh grade at the time, and asked her father to start running with her because she wanted to join her junior high school’s cross country team. The two “did a lot of miles together,” Ebert said, and he felt good about helping her get an edge on her classmates when they showed up for the first day of practice.
 
When Ebert saw that his daughter was one of more than 100 kids at that first practice, however, he thought the team’s one coach might need some help. Fast-forward six years, and both the coach and Ebert’s daughter have moved on from Springdale Central’s cross country team.
 
Ebert, though, can still be found at practice – Monday-Friday at 6:45 a.m. – working as a volunteer coach.
 
“He loves the kids, he loves being out here, and… it was never about him, it’s always been about the kids and making kids having the joy of running,” said Chelsea Perry, the team’s current coach.
 

Ebert is the 22nd person to be featured in Arvest Bank’s People Helping People video series. The series is designed to celebrate individuals in the communities Arvest serves who are uniquely making a difference.
 
The videos are available via Arvest’s social media channels – YouTube, Facebook, Instagram and the Arvest Blog – and the bank will make related posts each time a new story appears. Additionally, Arvest social media followers can help spread the word about these inspiring community members by sharing, liking and retweeting the videos. Ebert’s video will launch on Sept. 22.
 
“Hopefully if I can impact one person a year, then it's all worth it,” Ebert said. “So I continue to do that just because it's rewarding, but also… it’s a need (that) somebody needs to fill.”
 
Ebert’s impact has been felt by far more than one person a year. Perry and teachers at Central have noticed improvement in Ebert’s student-athletes’ drive and effort both on the cross country course and in the classroom.
 
So, even though both of his children have now progressed through the program, Ebert still spends all those early mornings – and countless other hours – helping the team members reach their full potential. Natalie Watkins was a member of Ebert’s first team.
 
“I don't think without Steve’s help I would be a good runner or kind of be the person that I am,” she said. “I know it sounds kind of cheesy, but I don't think I would have kept motivating myself to get better if I didn't have his encouragement all those years.”
 
About Arvest Bank
Arvest Bank operates more than 250 bank branches in Arkansas, Oklahoma, Missouri and Kansas through a group of 16 locally managed banks, each with its own board and management team. These banks serve customers in more than 120 communities, with extended weekday banking hours at many locations. Arvest also provides a wide range of banking services including loans, deposits, treasury management, credit cards, mortgage loans and mortgage servicing. Arvest is an Equal Housing Lender and Member FDIC.
 
Tags: Arkansas, People Helping People, Springdale
 

Local Retiree Shows a Heart for the Homeless - People Helping People Series

Friday, September 08 at 04:00 PM
Category: People Helping People

There’s one thing people need to know about Johnette Weiss.

“She’s a very strong-willed woman,” her friend, Robert Peoples, said with a laugh. “She wants something done, she’ll get it done.”

Weiss’ strong will has served her well over her 75 years. Visually impaired most of her life, Weiss spent 40 years working as an instructor at World Services for the Blind. Now retired, she channels her energy and determination into making hygiene kits for the homeless “because everybody needs some deodorant, soap, toothbrushes, toothpaste, just anything to make us more presentable. It makes a person feel good about himself or herself if they're clean.”

Weiss is the 21st person to be featured in Arvest Bank’s People Helping People video series. The series is designed to celebrate individuals in the communities Arvest serves who are uniquely making a difference.

Weiss’ desire to help others was ingrained early. She grew up on a farm and remembers her mother, Ann Bartholomew, sharing extra milk, eggs and vegetables with a nearby neighbor in need. Weiss said her mother didn’t have extra money to give the neighbor, so she helped the only way she could.

“It made an impression on me as a little girl and now I want to help some, too,” she said.

That experience has shaped her approach to life over the years. "My philosophy in life is if each person can make a little bit of difference, can make life a little bit better for someone, then we’ve done something good.”

Weiss has been retired for about 10 years, and has been preparing the hygiene kits for about eight years. One of the challenges she faces when she is assembling the kits is to keep the items separated. She uses braille lables to help her with the task.

“I see the need for the homeless because just about every time you go shopping you're going to see someone that's asking for some help,” Weiss said. “I can't help every one of those people, but I can put together those hygiene kits, and I take them to the shelter that passes them out. They see those people that need that specific help, and they can use those kits to make that person's life just a little bit better.

“It makes me feel good to know I'm helping others because it just makes me feel that I'm being the kind of person I ought to be.”

Watch* Weiss tell her story of helping others. Keep an eye on our social media channels for videos highlighting the good works of dedicated citizens in the communities Arvest Bank serves.

Links marked with * go to a third-party site not operated or endorsed by Arvest Bank, an FDIC-insured institution.

Tags: Arkansas, Little Rock, People Helping People
 

Bear State Bank to be Acquired by Arvest Bank

Tuesday, August 22 at 02:30 PM
Category: Arvest News

Bear State Bank and Arvest Bank have exciting news to share today. An agreement has been signed where Arvest will acquire Bear State and come together as one customer-focused bank. The acquisition of Bear State Bank meets two strategic goals for Arvest – entry into attractive new markets for the bank, and an expansion of customer base and branches in existing Arvest markets. We’re excited to welcome Bear State Bank customers and associates to Arvest and look forward to working together in the future.

FAYETTEVILLE, Ark. (Aug. 22, 2017) – Arvest Bank (“Arvest”) announced today it has entered into a definitive agreement to acquire Bear State Financial, Inc. (“Bear State”) (NASDAQ:BSF), the parent company of Bear State Bank. The acquisition, expected to close in the fourth quarter of 2017 or first quarter of 2018 pending customary regulatory approvals and subject to approval by Bear State shareholders, is an all-cash transaction valued at approximately $391 million.

Bear State Bank operates 42 branches and three personalized technology centers in Arkansas, Missouri and Oklahoma, while Arvest operates more than 250 branches in Arkansas, Kansas, Missouri and Oklahoma. As of June 30, 2017, Bear State had total assets of $2.24 billion and total deposits of $1.7 billion in 34 communities. As of June 30, 2017, Arvest had total assets of $17.30 billion and total deposits of $14.98 billion in 120 communities.

“This is a strategic move for us and one made after much careful consideration,” Arvest president and CEO Kevin Sabin said. “In addition to giving us the opportunity to expand into some new communities, this deal also allows us to strengthen our presence in some existing markets.

“Because Bear State is such a solid company with dedicated employees – and because both banks are so committed to their communities – we believe this will be a great fit. From outstanding products and services to superior customer service, Arvest shares a lot of similarities to Bear State and we look forward to serving all of our customers – old and new – with the same courtesy, competency and care as we always have.”

Of the 34 communities where Bear State operates, 18 are markets where Arvest has banking operations while 16 markets will be new communities for Arvest – most notably communities in northeast Arkansas, southwest Arkansas, southern Missouri and southeast Oklahoma. Arvest Bank and Bear State customers will not notice any immediate changes, and both banks will continue to conduct business as usual. A full conversion of systems and accounts will occur in 2018, and Arvest Bank will be communicating with Bear State customers over the next several months regarding their transition to Arvest Bank.

Additionally, all those employed by Bear State on the date of contract closing will become employees of Arvest Bank.

New communities Arvest looks forward to serving in Arkansas are: Ashdown, De Queen, Dierks, Glenwood, Jonesboro, Manila, Monette, Mount Ida, Nashville and Waldron. Arvest will enter the communities of Golden City, Kimberling City, Lamar and Marshfield in Missouri, and Broken Bow and Idabel in Oklahoma. 

About Arvest 

Arvest Bank, named by Forbes magazine as one of “America’s Best Large Employers” for 2017, operates more than 250 bank branches in Arkansas, Oklahoma, Missouri and Kansas through a group of 16 locally managed markets, each with its own local board and management team. These banks serve customers in more than 120 communities, with extended weekday banking hours at many locations. Arvest also provides a wide range of banking services including loans, deposits, treasury management, credit cards, mortgage loans and mortgage servicing. Arvest is an Equal Housing Lender and Member FDIC.

About Bear State Financial

Bear State common stock is traded on the NASDAQ Global Market under the symbol “BSF.”  For more information on Bear State, please visit www.bearstatefinancial.com.  Its principal subsidiary, Bear State Bank, is a community oriented financial institution providing a broad line of financial products to individuals and business customers. Bear State Bank operates 42 branches, three personalized technology centers equipped with interactive teller machines and three loan production offices throughout Arkansas, Southwest Missouri and Southeast Oklahoma.

 
Tags: Arkansas, Associates, Community Support, Locations, Missouri, Oklahoma

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