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125 W. Central, Ste. 218 Bentonville, AR 72712 AR Tel. 479-750-1400 Fax 479-273-7477 |
Type: Private
On the web:
http://www.arvest.com
Arvest Bank Group operates more than 200 locations in Arkansas, Kansas, Missouri, and Oklahoma. It provides traditional deposit and loan products, as well as trust, asset management, and brokerage services. The group maintains a decentralized structure of about 15 individually chartered banks; local managers and directors control lending decisions and deposit rates in many communities. Arvest has grown to be the biggest bank in Arkansas largely via acquisitions; it expanded into Kansas when it bought Caney Valley Bancshares in 2007. Descendents of Wal-Mart founder Sam Walton (including bank CEO Jim Walton, a son of Sam and one of the richest men in America) own Arvest Bank Group.
Officers:
Chairman and CEO; Chairman and CEO, Arvest Bank: Jim C. Walton
EVP, Arvest Bank and President, Arvest Asset Management: Mel Parks
President and COO, Arvest Bank: K. Kevin Sabin
Competitors:
Bank of America
BOK Financial
Regions Financial
