Arvest Bank Announces Wiley Hiring

Thursday, September 07 at 06:00 PM
Category: Arvest Community News
Arvest Bank is pleased to announce the hiring of Rachel Wiley in its Oklahoma City market. 

As a regional portfolio manager for Arvest Wealth Management, Wiley will be based at the Arvest branch at 9350 S. Western in Oklahoma City, but cover the Oklahoma City, Shawnee, and Lawton areas. Wiley has worked in the financial services industry since 2003, and her expertise is in holistic financial planning, and complex life and investment strategies for high net worth individuals.
 
In her new role, Wiley’s primary job functions will be as an internal resource for both trust officers and client advisors, providing advice on critical financial matters, financial analysis, auditing, and sharing best practices.
 
Wiley double-majored in finance and accounting at the University of Central Oklahoma, and is a two-time recipient of the United Services Automobile Association (USAA) President’s Award. She’s also actively engage in community affairs, including organizations such as United Way of Central Oklahoma and the Wounded Warrior Project.
 
Wiley lives in Moore with her three children. They attend Life.Church.
 
About Arvest Bank
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: Associates, Oklahoma City
 

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
 

MyBankTracker Recognizes Arvest Bank

Wednesday, August 09 at 11:00 AM
Category: Arvest News

Arvest Bank once again has been recognized by MyBankTracker.com, which touts itself as a personal finance resource for more than a million monthly visitors.

Arvest was named the “Best Southern Customer-Focused Bank” for the fourth consecutive quarter. MyBankTracker.com’s regional awards are given on a quarterly basis.

MyBankTracker.com* cited Arvest’s extensive branch network, extended hours and high levels of transparency, among other factors, in announcing it as a winner.

This honor comes after Arvest was recognized in May by Forbes magazine as one of “America’s Best Large Employers” for 2017. The bank ranked 208th out of the 500 businesses nationwide – with 5,000 or more full- or part-time associates – that scored highest in an independent survey of employees regarding satisfaction with their company. Additionally, Arvest is the highest-ranking community bank among all companies in the banking/financial services category and the only Arkansas-based company on the large employer list.

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

Tags: Arkansas, Associates, Award, Kansas, Missouri, Oklahoma
 

Kennedy to Lead Arvest Treasury Management Division

Tuesday, August 08 at 10:00 AM
Category: Arvest Community News

Arvest Bank is pleased to announce it has hired Carolyn Kennedy as executive director of its Treasury Management division.

Kennedy has more than 20 years of treasury management experience and is a Certified Treasury Professional®. Most recently, Kennedy served as the leader of Specialized Sales Consulting in Treasury and Payment Solutions for SunTrust Banks Inc. in Atlanta. Her responsibilities included leading a highly successful Treasury Management sales team. She held several other roles during her tenure at SunTrust, including solution line manager for Treasury Management products. Prior to that, Kennedy worked for Wachovia Bank in a number of treasury roles.

In her new role at Arvest, Kennedy will manage all aspects of Arvest’s Treasury Management division, including sales, product management and client support. She will be based in Rogers, but will work with local teams throughout Arvest’s four-state footprint.

“After an extensive nationwide search for an executive director for our treasury management division, we are thrilled to add Carolyn to the Arvest team,” Arvest regional executive Lisa Ray said. “Her expansive experience will provide Arvest with a TM leader with comprehensive knowledge in all aspects of treasury management technology, product delivery, customer service and sales.”

Arvest’s Treasury Management division offers a variety of solutions to assist a business in effectively managing its cash flow. From receivables and payables to funds management and fraud deterrents, Arvest’s Treasury Management team can help customize solutions for a company’s unique business needs. Solutions include Arvest Remote Deposit Capture, direct deposit of payroll, Lockbox, online banking and more.

Kennedy earned a bachelor’s degree in economics from Sweet Briar College, and minored in math and political science. She has served on the Georgia ACH Association Board of Directors, and was named Top Treasury & Payment Solutions Premier Performance winner for product management in 2007. Kennedy also has a proven track record as a leader, earning high scores in associate satisfaction surveys in her roles at SunTrust.

Kennedy and her husband, Burke, have three children.

Tags: Associates, Treasury Management
 

Congratulations Barbara Christ of Greater Kansas City

Friday, August 04 at 12:00 PM
Category: Arvest Community News

Arvest in Greater Kansas City has yet another reason to be proud of their associates. The local sales manager, Barbara Christ, was named one of the NextGen Leaders by the Kansas City Business Journal.

The goal of the NextGen Leaders program is to pinpoint those in the Kansas City business and civic community who are beginning to wield their influence through leadership at their companies, on nonprofit boards or through other community involvement. The Kansas City Business Journal helps connect them with each other, current leaders in Kansas City and KCBJ readers.

Barbara has dedicated over 20 years to Arvest Bank and the financial industry (#BankOnHer). She is responsible for the delivery of retail and small business banking throughout the Kansas City region.

Barbara received a bachelor’s degree in education from Oral Roberts University in Tulsa, Okla. Before relocating to Kansas City in 2010, Barbara served as the program manager and curriculum developer for the Arvest training education and development department.

Barbara is very active in community organizations, holding a board position with Junior Achievement and volunteering her time with urban core outreach programs. She enjoys spending time with her family and trying to keep up with her two active teenage boys.
 
Congratulations, Barbara!
 
Tags: Associates, Community Support, Kansas City
 

Kansas City Market Welcomes McNeill

Friday, July 28 at 10:00 AM
Category: Arvest Community News

Arvest Bank is pleased to announce it has hired Kenton McNeill in its Greater Kansas City market.

McNeill, who has worked in a variety of roles during a 30-year banking career, will serve as vice president and an Arvest Private Banking advisor. Arvest Private Banking provides clients unlimited access to a team of experienced professionals offering integrated advice in all areas of financial management.

Among McNeill’s duties, he will analyze and develop wealth management strategies for private banking clients to help them reach their financial goals. He will be based at the Arvest branch at 911 NE Sam Walton in Lee’s Summit, Mo., and serve consumers throughout Greater Kansas City.

“We are thrilled to add Kenton’s expertise to our team,” said Amy Morbeck, Arvest Private Banking manager for Greater Kansas City. “He has a vast array of experience, a great attitude, and is dedicated to providing personalized service to our customers.”

A native of Greater Kansas City, McNeill has held leadership roles in a number of community, professional, and nonprofit organizations, including Rock the Cure KC, Banker’s Institute, the American Club Association, Leadership Lenexa, the Kansas City St. Patrick’s Day parade committee and numerous area chambers of commerce.

Tags: Associates, Kansas City

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