Arkansas
State Bank Department
State Banking Board
(updated
January 25, 2012)
The State Banking Board was originally created under Act 60 of 1933. The Board
consists of six (6) members. The members serve for five (5) years.
The powers and duties of the board include: Pass upon bank charter
applications and charter amendments; pass upon proposed reorganizations,
mergers and consolidations and conversion from National Charter to State
Charter; power to permit banks to change location of place of business from one
city to another; etc.
The Commissioner and the State Banking Board have full authority to issue
rules and regulations.
The board holds regular meetings four (4) times a year on the third
Thursday of January, April, July and October. The Bank Commissioner or the
Chairman of the Board may reset the meeting after giving notice as required by
regulation or may call special meetings as needed.
Rodney Parks, Chairman
Term Expires: 12-31-2013
Charles Smith, Vice Chairman
Term Expires: 12-31-2013
Gary Hudson
DeWitt
Term Expires: 12-31-2013
Marcus McCain
Arkadelphia
Term Expires: 12-31-2014
John Freeman
Term Expires: 12-31-2015
Elizabeth Bowles
Term Expires: 12-31-2016
Comments or questions about the Arkansas State Bank Department Web site? E-mail us at: webmaster@banking.state.ar.us
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