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Arkansas: Banks’ Economic Impact

Banks support Arkansas’s economy with consumer, business and other loans, and by providing more than 18,000 people with a rewarding place to work.

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Jobs

Jobs

  • 18,329Employees

  • $1.4 BTotal Annual Compensation & Benefits

  • $78,307Average Total Compensation & Benefits

  • 83Banks Headquartered in State

Regions Employee Helps Teen See What’s Possible

It all began with a pair of eyeglasses. “I noticed Christian was sitting by himself, so I walked over, mentioned I had recently started wearing glasses and said I liked his,” said Al Moore, a member of Regions Bank’s investment services team, recalling the day he met Christian Pace. 

Source: FDIC Call Report 2022Q4, Bureau of Labor Statistics 2022, ABA analysis

Lending

Lending

  • $7 BNew Home Loans Booked in 2022

  • 28,337Number of New Home Loans in 2022

  • $215,000Median New Home Loan Size in 2022

  • $5.9 BSmall Business Loans

  • 190.6 KNumber of Small Business Loans

  • $31,101Average Small Business Loan

  • $557.3 MSmall Farm Loans

  • 12,869Number of Small Farm Loans

  • $43,306Average Small Farm Loan

A Partner Across the Board

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: FFIEC HMDA 2022, FFIEC CRA 2021, FDIC Call Report 2022Q4, ABA analysis

Customers

Customers

  • $95.6 BDeposits

  • 114Banks Operating Branches

  • 1,286Branches & Offices

  • 691Branches Offering Low Fee Bank On-certified Accounts

A Flag of Honor at a Surprising Moment

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: FDIC Summary of Deposits 2022Q2, CFE Fund, ABA analysis

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