The Arkansas State Bank Department is a regulatory agency responsible for overseeing the operations of state-chartered banks and financial institutions in Arkansas. With a mission to provide convenient, safe, and competitive banking services, the department ensures the economic development of the state through efficient allocation of resources and adherence to legal and regulatory structures.
Created in 1913, the department supervises 73 banks with assets totaling over $158 billion as of September 30, 2023. In addition to regulating commercial banks, the department also oversees bank holding companies, trust companies, industrial loan institutions, and capital development companies, working to maintain the safety, soundness, and public confidence in these institutions and organizations.
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