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Last updated on Friday, January 27, 2012, 2:05 pm
Chambers Bank
Chambers Bank Popped by FDIC for 'Unsound' Practices
Chambers Bank of Danville has entered into a consent order with the Federal Deposit Insurance Corp., which charged the bank with unsound banking practices related to poor credit practices and insufficient board oversight. The bank neither admitted nor denied any of the FDIC's charges but agreed to the remedies outlined in the Dec. 21 order, which was made public on Friday morning. John Chambers III, CEO of the bank's holding company, Chambers Bancshares Inc., was not immediately available for comment. Chambers Bank has not yet filed its... [ MORE ]-
Arkansas Best Reports Profitable 4Q, Fiscal Year
Fort Smith-based Arkansas Best Corp. posted fourth-quarter profit of $1.4 million, compared to a $3.12 million loss a year ago. [ MORE ] -
Harding Buys Land for New Center in Rogers
The school paid almost $1 million for 1.83 acres near Interstate 540 in Rogers [ MORE ] -
J.B. Hunt Posts Record Earnings, Revenue
J.B. Hunt Transport Services Inc. of Lowell reported fourth-quarter earnings rose 25 percent to $72.57 million. [ MORE ] -
NWA to See Job Growth in 2012, Economist Predicts
Kathy Deck presented the outlook for the state and local economies at the 2012 business forecast luncheon. [ MORE ]
NWA Business Journal Events
40 Under Forty
The Northwest Arkansas Business Journal annually honors 40 individuals under the age of 40 who were... [ MORE ]
Fast 15
The Fast 15 is designed to recognize a small, exclusive group of 20-something professionals on the... [ MORE ]Then & Now
Tackling Reform Nothing New for WRMC Executive
This isn’t Larry Shackelford’s first health care crisis. Shackelford, a member of the Northwest Arkansas Business Journal’s inaugural Forty Under 40 class in 1998, is senior vice president for outreach services at Washington Regional in Fayetteville. “I think most everybody agrees the system is broken,” Shackelford said of America’s current health care mess. Shackelford was CEO at the recently formed Medical Services of Northwest Arkansas Inc. in 1998. In MANA, Shackelford helped combine the forces of Fayetteville Diagnostic Clinic, Northwest Arkansas Pediatric Clinic and First Care Family Doctors under one... [ MORE ]Guest Commentary
