America's Banks
Jump to Content

Arkansas: Banks’ Economic Impact

Banks support Arkansas’s economy with consumer, business and other loans, and by providing more than 23,000 people with a rewarding place to work.

Find State-by-State Data #
Arkansas map icon
Jobs

Jobs

  • 23,378Employees

  • $2 BTotal Annual Compensation & Benefits

  • $85,149Average Total Compensation & Benefits

  • 87Banks Headquartered in State

Source: Estimates based on ABA 2019/2020 survey data

Lending

Lending

  • $3.1 BSmall Business Loans Outstanding

  • $6.7 BNew Home Loans Booked in 2018

  • 42,094Number of New Home Loans in 2018

  • $125,000Median New Home Loan Size in 2018

  • $1.6 BSmall Farm Loans Outstanding

A Partner Across the Board

Pharmacy owner

Greta Ishmael trusted FNBC in Arkansas to help her realize not just the purchase of a pharmacy from her father, but also to expand a second business pursuit: a paddleboard rental business.

Source: Estimates based on ABA 2019/2020 survey data, HMDA

Customers

Customers

  • 4.5 MTotal Customers

  • $71 BDeposits

  • 3.8 MConsumer

  • 494.1 KSmall Business

  • 48 KSmall Farm

  • 117Banks Operating Branches

  • 1,332Branches & Offices

A Flag of Honor at a Surprising Moment

Arvest Flag

Arvest Bank, headquartered in Fayetteville, AR, presents military branch flags to VA Loan Program recipients at mortgage closing, throughout the bank’s four-state footprint.

Source: Estimates based on ABA 2019/2020 survey data, FDIC branch deposit data

Giving Back

Giving Back

  • 139.7 KVolunteer hours

  • $28.2 MCommunity Donations

A Bank That Kick Starts Change for an Entire Community

Citizens Bank Theater

Citizens Bank, in Batesville, AR, has seen its community growth initiative result in a major boost to the local economy, bringing together leaders and investment for major impact.

Source: Estimates based on ABA 2019/2020 survey data. Does not include individual employee donations.

Submit your bank's story

Submit your story