De Queen Fire Department Receives Donation from the Arvest Foundation

Friday, November 09 at 02:00 PM
Category: Arvest Community News

The local fire station in De Queen will be able to supplement their equipment with a $5,000 donation from the Arvest Foundation. 

The gift was announced today at the Arvest Bank open house in De Queen. J Bigham, Patti Boone, and Ted Sheets of Arvest Bank were on hand to present the check.

The Arvest Foundation donation will allow the City of De Queen Fire Department to purchase specialized equipment for the volunteer fire department. 

The De Queen Fire Department Chief, Dennis Pruitt, said, “My fellow firefighters and I are very appreciative of the donation. Patti and her team offered the money without the department’s request. The money will go towards purchasing pressure fans and equipment to detect heat in power lines by evaluating voltage levels.”

“We are pleased to present this donation to the De Queen Fire Department on behalf of the Arvest Foundation,” said Patti Boone, branch sales manager at Arvest Bank. “We appreciate all that the fire department does to keep the city safe and wanted to show our appreciation to them by donating the foundation funds.” 

Tags: Arkansas, Arvest, Arvest Foundation
 

Arvest Foundation donates 10K to the City of Yellville

Friday, November 09 at 09:00 AM
Category: Arvest Community News

The Arvest Foundation recently presented the city of Yellville with a donation in the amount of $10,000. The donation will go towards the addition of a splash pad at a local city park. The slash pad will feature a large water park area with water toys that look similar to giant water guns, umbrellas and archways.

The gift was announced Nov. 5 at the Yellville city board meeting. Several Arvest Bank associates were on hand to present the check to Park Chairman Lyn Baker and other board members from the Yellville City Parks Commission.

“This splash pad area will be a great benefit to the families in our community,” said Mike Willard, president and CEO of Arvest Bank in north central Arkansas. “Arvest takes pride in living up to its name as a community bank and we want to show our support for the local community.”

“This park will be a safe place to play in the water in the hot summer months for the children of our community for many years to come,” said Shawn Lane, mayor of Yellville. “We are grateful to the Arvest Foundation for this wonderful donation to this great project.”

About the Arvest Foundation

The Arvest Foundation seeks to provide funding to grantees who are actively working to create positive change for others. Major areas of focus include: K-12 education, economic development, and enhancing the quality of life throughout the Arvest footprint. For more information, go to www.arvestfoundation.org.

Tags: Arvest, Arvest Foundation, yellville
 

Arvest Bank Ends SBA Fiscal Year as a Loan Production Leader

Friday, November 09 at 08:00 AM
Category: Arvest News

Arvest Bank continued to be a top U.S. Small Business Administration (SBA) lender within its footprint in 2018, based on loan production.

That’s based on data for the SBA fiscal year ending Sept. 30. In Arkansas, for example, Arvest was the No. 1 SBA lender for the fifth consecutive year, based on its number of 7(a) loan approvals. Arvest made 64 such loans, totaling more than $27.2 million.

In Oklahoma, Arvest made 37 loans totaling more than $30.4 million. That ranks second in the state in terms of both number of loans and total loan volume.

Arvest also ranked among the top 10 in number of SBA loans made in eastern Kansas and western Missouri, according to the Kansas City District Office. Arvest’s 18 loans totaled more than $6.1 million.

“We are proud to continuously rank favorably when it comes to helping small businesses via SBA loans,” Arvest SBA loan manager said. “We are grateful that so many of our customers trust Arvest to help them with these transactions. Small businesses are the backbone of many of our communities, and we take pride in doing everything we can to help them.”

SBA 7(a) loans are its primary means for helping startup and existing small businesses deal with a variety of general business purposes, and Arvest remains an SBA-preferred lender, meaning the process is streamlined for applicants. Small business owners who need to explore financing options should talk to an SBA-approved lender who can offer them a complete range of available options. 

Tags: Arvest
 

City of Mena Receives Donation

Thursday, November 08 at 02:00 PM
Category: Arvest Community News

Children in the Mena community will have a safe place to practice basketball thanks to a $10,000 donation from the Arvest Foundation. 


The gift was announced at the Mena City Hall. Shawna Powell, Erica Sullivan, Theresa Young, Damon Miller, Chris Thrailkill and Mandy Rowe of Arvest Bank were on hand to present the check.

The funds will be used to rebuild the basketball courts at Janssen Park. This improvement will please many local community members, as Janssen Park is a frequently visited park in Mena. 

“We are grateful to the foundation for their generous contribution to the City of Mena.” said George McKee, mayor of the city of Mena. “These funds will be used to rebuild the basketball courts in Janssen Park. The park is a well-loved feature of the community and the improved basketball courts will certainly benefit citizens from the entire area. The City of Mena is very pleased to partner with Arvest Bank on this exciting new project.”

“We are pleased to present this donation on behalf of the Arvest Foundation to support the City of Mena.” said Young, branch sales manager. “This donation is just one of many we have made throughout our footprint. It demonstrates the foundation’s ongoing commitment to local communities in the region.”

Tags: Arkansas, Arvest, Arvest Foundation
 

Arvest Bank Promotes Hernandez in Oklahoma City

Thursday, November 08 at 09:00 AM
Category: Arvest Community News

Arvest Bank is pleased to announce it has promoted Martin Hernandez in Oklahoma City.


Hernandez owns 10 years of banking experience, most recently serving as a branch sales manager. In his new role as a business banker, Hernandez will develop commercial relationships within the community and generate loans according to loan policy, as well as actively manage commercial banking relationships through proactive customer contacts.

Hernandez earned a degree in business administration at the University of Central Oklahoma. Additionally, he is involved in numerous civic activities, including YWCA Oklahoma City, American Heart Association, the Fiesta de Las Americas festival, and Positive Tomorrows.

Tags: Arvest, Oklahoma, Oklahoma City

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