Arvest Bank in Benton County Announces Rewerts Hiring

Monday, September 18 at 06:00 PM
Category: Arvest Community News
Arvest Bank is pleased to announce Mike Rewerts has been hired in its Benton County market.
 
A veteran of the mortgage and banking industries since 1999, Rewerts will serve as loan assistant manager at Arvest. His primary duty will be the supervision of the mortgage loan assistants in Benton County. Rewerts will be based at the Arvest location at Village on the Creeks in Rogers.
 
“Mike’s mortgage experience in originating, construction lending, processing and management will be a fantastic addition to our team,” said Maria Lau, mortgage loan manager for Arvest Bank in Benton County. “I am confident he will be a tremendous asset for both the bank and our customers.”
 
Rewerts played baseball at both Northeastern Oklahoma A&M College and Casper (Wyo.) College, where he studied business management and business marketing, respectively. He lives in Springdale and has one daughter.
 
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, Northwest Arkansas, Rogers
 

Arvest Bank Announces Matlock Hiring

Monday, September 11 at 06:00 PM
Category: Arvest Community News

Arvest Bank is pleased to announce Stacy Matlock has been hired as a commercial banker in its Springdale market. 

Matlock has 26 years of industry experience and has attended the American Institute of Banking. In her new role at Arvest, she will generate, evaluate and approve commercial loans, among other duties. She will be based out of the bank’s branch at 415 W. Emma Ave.
 
“Stacy has banking and sales experience, will be a tremendous asset to the team, and is already integrating herself into the community,” commercial loan manager Paula Wilson said.
 
Matlock is a member of the 2017-2018 Leadership Springdale class and is serving as a member of the Mercy Hospital Annual Charity Ball committee. She and her husband, Jesse, live in Springdale.
 
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, Northwest Arkansas, Springdale
 

Arvest Bank Announces Stepp Hiring

Friday, September 08 at 06:00 PM
Category: Arvest Community News
Arvest Bank is pleased to announce Aaron Stepp has been promoted.
 
Most recently serving as vice president and a commercial banker, Stepp was promoted to business banking manager. As such, he will be responsible for overseeing Arvest’s sales and service related to micro and small businesses.
 
Stepp, who has 12 years of banking experience, will be based out of the Arvest branch at 4600 SE 29th St. in Del City.
 
Stepp earned a degree in corporate communications from the University of Central Oklahoma.
 
He lives in Edmond with his wife, Jennifer, a professor at Oklahoma State University, and their three children.
 
About Arvest 
Arvest Bank, named by Forbes magazine as one of “America’s Best Large Employers” for 2017, operates more than 260 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
 

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

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