The U.S. Census recently released its latest demographic figures. They were a mixed bag for Arkansas.
From July 2013 to last July, Benton and Washington counties grew by 9,059 people. But of the state’s 75 counties, 55 actually lost population.
That’s good for us, but what about the folks down in McGehee or over in Jasper? Randy Dennis, president of Little Rock-based DD&F Consulting Group, nailed it during a recent conversation about Arkansas banking.
He said no one wants to be in rural Arkansas anymore. So what happens to all those banks that have served small communities for decades? Some might be bought, but others might just go away. Old boards, old management and old owners. Time to cash out and call it a day.
It sounds sad, but it’s also the way of the world. Remember... [ MORE ]