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Arvest Bank is a bank headquartered in Bentonville, Arkansas, with branches in Arkansas, Kansas, Oklahoma and Missouri. It is the oldest bank in Arkansas and is on the list of largest banks in the United States. It is almost entirely owned by the Walton family. [3] Jim Walton serves as the chairman. [4]
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The list excludes the following three banks listed amongst the 100 largest by the Federal Reserve but not the Federal Financial Institutions Examination Council because they are not holding companies: Zions Bancorporation ($87 billion in assets), Cadence Bank ($48 billion in assets) and Bank OZK ($36 billion in assets).
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On September 28, 2005, Walton replaced his deceased brother, John, on the Wal-Mart Board of Directors. [2] He was CEO of his family owned Arvest Bank, until becoming Chairman of Arvest Bank, and chairman of newspaper firm Community Publishers Inc. (CPI) owned by Jim Walton himself (but founded by his father Sam Walton after acquiring the local newspaper the Benton County Daily Record, both ...
All Bank offers a variety of other banking services in addition to the two core deposit accounts: a money market account, CDs (High Yield CD, Raise Your Rate CD and No Penalty CD), IRAs, auto and ...
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