Arvest Foundation Donation Supports MHSD, Peitz Cancer Support House

Wednesday, September 11 at 09:00 AM
Category: Arvest Community News

Friday night’s high school football match-up between the Mountain Home Bombers and the Harrison Goblins was full of surprises on the sidelines, but not from the student athletes.

After the first quarter, representatives from the Arvest took the field and announced four $5,000 gifts from the Arvest Foundation. The Mountain Home High School booster club, band and the Mountain Home Education Fund each received donations in memory of Lucas Todd, a Mountain Home High junior who was killed in a pedestrian accident before the beginning of this school year.

Todd was involved in athletics and band, and had intentions of applying for the Promise Scholarship from the Mountain Home Education Fund.

“Our students and community will always remember Lucas for his character, perseverance, achievements and his kind heart,” said Dr. Jake Long, superintendent of the Mountain Home School District. “This gift is a lasting way to honor him, as it will benefit many students this year and in the future. On behalf of our students, their parents and our faculty, we are very appreciative of the thoughtfulness and generosity behind these donations.”

In recognition of the theme of Friday’s game, “Tackle Cancer,” Arvest asked anyone in the stands who was battling cancer, or who had tackled cancer, to stand and be recognized. In recognition of their battle, and in honor of each individual, Arvest representatives presented a surprise donation of $5,000 to the Peitz Cancer Support House.

“The fight against cancer is draining – for those who are ill, and for their families,” said Melissa Hudson, director of the Peitz Cancer Support House. “Every gesture of support for our patients is incredibly meaningful and beneficial in their recovery, so we are very grateful to Arvest for this support.”

“Tonight was very meaningful for us and we were honored to be able to support the people of Mountain Home through these investments in education and health care,” said Sally Gilbert, market president of Arvest Bank in Mountain Home. “Our communities are stronger, healthier and a greater place to live when work together to support our friends and neighbors.”

Prior to the game, Arvest and the Peitz Cancer Support House co-hosted a Bomber tailgate party at the stadium to celebrate the first home conference game of the season.

 

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: Arkansas, Arvest
 

Arvest Bank Announces Roper Hiring

Monday, September 09 at 09:00 AM
Category: Arvest Community News


Arvest Bank is pleased to announce it has hired Tammy Roper as a community development representative in Fort Smith.

Roper joins Arvest after five years at the Arkansas Division of Workforce Services and five years at the Crawford County Juvenile Office. Among other duties in those roles, Roper provided customer service to dislocated workers, assessed clients’ financial needs, and worked with families to mentor at-risk youth.

In her new role at Arvest, Roper will help develop and maintain strong relationships with community groups and entities focused on affordable housing, organizations that target low- to moderate-income (LMI) communities, and organizations that facilitate and encourage small business, among other responsibilities. She will be based out of the Arvest branch located at 5000 Rogers Ave.

“I am so excited to have Tammy join our Arvest team, said Beth Presley, marketing manager for Arvest in Fort Smith and the River Valley. “With her community knowledge and willingness to help people, I am confident we will accomplish our goals of helping our customers and community to meet their financial goals.”

Roper earned a bachelor’s degree in sociology at the University of Central Oklahoma, where she also played basketball. She lives in Fort Smith with her husband and two daughters, and the family attends House of Restoration Church. Among other civic endeavors, Roper volunteers for Girls Inc., Comprehensive Juvenile Services Inc., and has coached various girls basketball teams.

Tags: Arkansas, Arvest, Fort Smith
 

Tulsa State Fair “Show us your Homemade Fair Food” Facebook Photo Contest Official Rules

Monday, September 09 at 09:00 AM
Category: Arvest Community News

Photo entries must be submitted to Arvest Bank via Private Facebook Message- during Sept. 16th, 2019, through Sept. 23rd, 2019. Any photo entries submitted on Arvest’s public comments section will be hidden and a message will be sent asking user to send photo via private message. Entries must be submitted by 2 p.m. CST on Sept. 23rd, 2019.

Photo entries must be of YOUR food creations ONLY. Photos with faces or people in them will be disqualified and will not be posted for public viewing and voting. Photo entries MUST be of your original work and not images found online. 

Arvest will post all eligible photo entries to a public Facebook album on or around Sept. 23rd, 2019, and allow photos to be voted on by Facebook users.

The picture with the top votes on Sept. 25th, 2019, will be selected as a winner. A second winner will be randomly selected from the Facebook album photo entries using random.org

Arvest will announce the winning photos on social media on or around Sept. 25th, 2019.

Arvest associates and their immediate family members are not eligible to win. Immediate family is defined as spouse, parent, child, sibling, or any other family member living in the associate’s home.

Submitted photos must be the submitter’s original work with no other person being able to claim ownership.

Photos must be family friendly.

 

Winner Prize and Recognition

Winner(s) will receive four tickets to the 2019 Tulsa State Fair and Arvest Merchandise.

Social media notoriety (tagged in finalist/winner posts)

Local PR (at the discretion of the local Marketing Manager)

Tags: Arvest, Oklahoma, Tulsa
 

Chris Dees Joins Arvest Treasury Management Team in North Central AR

Tuesday, September 03 at 09:00 AM
Category: Arvest Community News

Arvest Bank announced that Chris Dees is joining the bank’s Treasury Management team as an assistant vice president and treasury management sales advisor.


In his new role, Dees will be responsible for working with business clients through a consultative approach, focusing on leveraging technology and fraud prevention services to enhance the efficiency of the businesses’ cash flow. Dees has six years of experience in the banking industry and most recently was a financial sales representative with Arvest, prior to his role as a universal customer advocate with Bear State Bank.

“As a former business owner and experienced banker, Chris can provide valuable insight into what solutions Arvest Treasury Management can provide to better streamline a business client’s receivables and payables functions,” said Shawn Christian, senior vice president and treasury management regional sales manager for Arvest Bank. “In addition to his unique experience, Chris is also a native of the community and understands which products and services are best suited for the business clients in the market.”

Dees will be based in Yellville, but will serve the entire North Central Arkansas market, in addition to Arvest clients in Jonesboro.

He is a board member of the Ozark Arts Council and has participated in productions of the Lyric Theatre.

Dees is a native of Harrison and a graduate of Harrison High School. He earned a bachelor’s degree in business administration from Arkansas Tech University. He and his wife, Michelle, live in Harrison with their daughter.

He succeeds Heather Russell who is relocating within Arvest Treasury Management. 

About Arvest
Arvest Bank, named by Forbes magazine as one of the “World’s Best Banks” for 2019, operates more than 260 bank branches in Arkansas, Oklahoma, Missouri and Kansas through a group of 14 locally managed banks, each with its own board and management team. These banks serve customers in more than 135 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 Arvest Wealth Management
Arvest Wealth Management offers wealth management, trust services and insurance products. Investments and Insurance Products: Not FDIC Insured, May Lose Value and Not Guaranteed by the Bank. Trust services provided by Arvest Bank.

Tags: Arvest, Treasury Management
 

Home Sales Increase 7 percent While Prices Continue Rising

Friday, August 30 at 09:00 AM
Category: Arvest News

Arvest Bank today released its biannual Skyline Reports on residential real estate in Northwest Arkansas for the first half of 2019.

Homebuying activity in the region was very strong, posting a 7 percent increase from the first half of 2018. There were 4,747 homes sold, which is the third-highest total since the Skyline Report debuted in 2005.


During the period, the average price for homes sold continued to rise and reached record highs in both Benton and Washington counties. The average sale price in Benton County was $250,608, a 5.3 percent increase from $238,098 in the first half of 2018. The average sale price in Washington County was $235,893, a 0.1 percent increase from $235,618 in the first half of 2018.

In the past five years, the average price of homes sold in Benton County has risen 33.2 percent, while the average price in Washington County has risen 28.1 percent. On a cost-per-square foot basis, prices rose 5.2 percent in the two-county area, from $110.85 a year ago to $116.64 this year.

During the first half of this year, 27.3 percent of all houses sold were new construction, the highest percent since Skyline’s inception.

In the short term, the area’s ability to keep pace with the demand evident in these trends is dependent upon enough new homes being built to have ample supply. With 1,946 building permits being issued in the first half of the year – the highest total since 2006 – this short-term need would appear to be accomplished.

However, looking further ahead, there could be a shortage of available lots for future building, as the number of months of inventory of available lots, based on current absorption rates, continues to drop. This inventory peaked at 281 months in the first half of 2011 and has now fallen to 25.6 months.

Mervin Jebaraj, director of the Center for Business and Economic Research (CBER) at the Sam M. Walton College of Business at the University of Arkansas, speaking about the long-term supply of future lots, said, “With the area continuing to attract newcomers, and as young people continue entering the homebuying market, the need for new homes is likely to continue for quite some time. In order to meet this future demand, it is up to our cities to find ways to allow more utilization of current areas for residential development, as many consumers wish to live close to desired amenities. Land for development in less populated areas should not be an issue, but land for development within cities is also needed, along with the water and sewer infrastructure needed to support residential developments.”

Mark Ryan, executive vice president and loan manager with Arvest Bank of Benton County, said about the residential Skyline results, “The real estate market in Northwest Arkansas continues to be strong for developers, sellers and buyers. We are working with our residential developers to provide the financing they need to keep supply levels in line with demand, and our mortgage lenders have been very busy this year helping our customers get the home loans they need.”

The Arvest Skyline Report is a biannual analysis of the latest commercial, single-family residential and multifamily residential property markets in Benton and Washington counties. The report is sponsored by Arvest Bank and conducted by CBER.

In 2004, Arvest Bank contracted with CBER to collect information about the local real estate markets. CBER researchers aggregated and analyzed data from local governments, property managers, visual inspections and the business media to provide a complete picture of the status of property markets in the two counties.

CBER provides excellence in applied economic and business research to federal, state and local government, as well as to businesses currently operating or those that desire to operate in the state of Arkansas. The center further works to improve the economic opportunities of all Arkansans by conducting policy research in the public interest.

Tags: Arkansas, Arvest
 

Kellogg Joins Arvest Bank Treasury Management Team

Thursday, August 29 at 09:00 AM
Category: Arvest Community News


Arvest Bank is pleased to announce it has hired Randy Kellogg as vice president and international senior business development advisor for its Treasury Management division.

Kellogg, who has more than 30 years of industry experience, will be based in Oklahoma City, but serve Kansas and Missouri in addition to Oklahoma. In this role, Kellogg will be responsible for sales activities within large corporate accounts, middle market and business banking.

“Randy’s experience and expertise make him a fantastic addition to our team,” said Julie Simmons, senior vice president and regional sales manager for Arvest Treasury Management. “Having him on our team will allow Arvest Treasury Management to provide support to companies throughout Oklahoma, as well as Kansas and Missouri, for all products offered under the umbrella of International Banking within Arvest. We couldn’t be more excited for him to get started.”

Kellogg holds a bachelor’s degree in agriculture economics from Oklahoma State University and a master’s in business administration from the University of Central Oklahoma. He has served on the Oklahoma District Export Council and is currently a member of the Oklahoma Governor’s International Team. He and his wife, Melody, have two adult sons and live in Guthrie.

Tags: Arvest, Treasury Management

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