Zack McNett Hired as Commercial Lender in West Plains, Mo.

Thursday, April 17 at 09:05 AM
Category: Arvest Community News

We're pleased to be adding Zack McNett to our commercial lending team in West Plains, Mo. McNett's banking experience will help him service Arvest customers with the same great service they've come to expect.

WEST PLAINS, Mo. — Arvest Bank announces that Zack McNett has been hired as a commercial lender at Arvest Bank in West Plains. Jerry Cunningham, president and CEO of Arvest Bank, North Central Arkansas made the announcement today.

“I am thrilled to welcome Zack to our team in West Plains,” said Cunningham. “Zack has great experience in both the banking and insurance industries and I look forward to working with him to provide the best commercial lending experience possible to our customers in the area.”

In this role as a commercial lender, McNett will work to help business customers meet all of their financing needs and assist them with the loan process. He was previously employed as an insurance agent in Kansas, and worked as an assistant vice president at First Security Bank in Mountain Home, Ark., prior to that.

McNett hails from Piqua, Kan., and graduated from Kansas State University with a Bachelor of Science in Business Administration. He and his wife, Jordan, have two daughters, Sloane and Zara.
 

Tags: Associates, Missouri, Press Release
 

Ashley Allen Promoted to Marketing Manager in Springdale, Ark.

Thursday, April 17 at 07:10 AM
Category: Arvest Community News

Ashley Allen's nearly eight years of experience at Arvest, along with her warm and friendly demeanor, will make her a great asset as the new Marketing Manager in Springdale, Ark.

SPRINGDALE, Ark. — Arvest Bank is pleased to announce that Ashley Allen has accepted a promotion to Marketing Manager for the Springdale bank group. She reports to Julie Shook, Sales Manager for Arvest Bank in Springdale.

Allen first joined Arvest Bank as a Banker Trainee in Springdale in July 2006. She was promoted to Marketing Specialist in Rogers in November 2006. She replaces Sara Hungate, who was promoted to Arvest Marketing Compliance Specialist in Lowell.

“We are so happy to have Ashley back in Springdale where she began her career,” Shook said. “In her role in Rogers, Ashley has been responsible for overseeing the marketing efforts for nine community markets and has played a large role in event planning for Arvest Bank. I know, without a doubt, she will do a fabulous job for Arvest in Springdale.”

Allen graduated from Wissahickon High School in Ambler, Penn., in 1998. She earned a Bachelor of Business Administration in marketing from Harding University in Searcy in 2002.

She has been active in Rogers community events. She has served as a promotions committee member for Main Street Rogers for several years and has been the Frisco Festival Marketing Committee Co-Chair.

She and her husband, Jimmy Allen, have a son, Caleb, and a daughter, Madison. The family lives in Bethel Heights and attends Robinson Avenue Church of Christ in Springdale.

Tags: Arkansas, Associates, Press Release, Springdale
 

Arvest Announces New Hires in Russellville, Ark.

Wednesday, April 16 at 09:10 AM
Category: Arvest Community News

Arvest in Russellville, Ark., is excited to have a couple new associates on the commercial lending team. Combined they have over 17 years of experience.

Russellville, Ark. – Arvest Bank is pleased to announce the newest additions to the Russellville commercial lending team, Shawn Bates and Jessy Ramirez. Shawn is Vice President of Commercial Lending and works out of the Russellville West Main branch. He has over eight years of experience in lending. Shawn received his Bachelor of Science in Business Administration and Marketing and Management degree from Arkansas Tech University. Shawn currently serves as Vice President of the Dover Chamber of Commerce scholarship fund and is a member of the International Association of Lions Club.

Jessy Ramirez serves as Commercial Lending Assistant. She has over nine years of experience as a Loan Assistant. Jessy is a graduate of Dardanelle High School and attended Arkansas Tech University. Jessy is an active member of River Valley Runners and Irun4.

Tags: Arkansas, Press Release
 

Flexibility

Wednesday, April 16 at 06:15 AM
Category: Business Banking

If there is one thing I’ve learned living the agricultural life, it is that flexibility is a must. The best laid plans can, and will, go out the window in a heartbeat, whether it’s the cows getting out, a freak ice storm, weeks without rain after weeks of downpours, or even political tensions half a world away affecting our commodity markets here at home. Flexibility and agriculture go hand in hand.

A recent example would be the propane crisis a few weeks ago. Prices in our area more than doubled almost overnight, brought on by a perfect storm of industry hits. For many, the timing couldn’t have been worse. As we were hit with the coldest spell of weather year-to-date, many poultry and swine producers had no choice if they were to keep their livestock alive, putting a huge financial strain on their operations.

Another example this past year is the outbreak of PEDv in the swine industry. The results have been devastating not only financially but physically and emotionally as the virus as an almost 100 percent mortality in young pigs once it hits a farm. The loss of production for even a cycle or two can burden an operation with expenses running even higher and no income coming in to compensate.

The last example is ongoing – weather. For several years now one portion or another of our country has been bit by severe drought while other by devastating floods. Even in “normal” years, our production is affected by weather changes – summer showers during hay season, wet fields at harvest time, high winds (or tornados) flattening fields in springtime. Not only does weather affect the production, it affects the price, driving prices of commodities up or down as supply and demand take their toll.

So how do we cope when it’s out of our hands, without throwing in the towel or losing our shirts?  Flexibility. For those affected by the propane crisis, perhaps it meant refusing a flock until prices went down, dipping into emergency funds or even approaching their integrator for assistance. Swine producers have become extra vigilant in biosecurity measures, some making changes to their buildings and day-to-day operations, and some allowing PEDv to run its course through their herd in order to build antibodies and protect future piglets from the disease. And when it comes to weather, we put in place risk management measures to protect our livelihoods – crop and livestock insurance, price protection measures, emergency operating lines.

And in all of these, we have to maintain a good working relationship with our bankers. If we keep them in the loop, our bankers will know how to react when a crisis comes our way and help us put a plan in place so that we can keep on keeping on. We in agriculture pray for the good, endure the bad and continue through it all. It is a lifestyle and we wouldn’t have it any other way.

Tags: Arvest Biz, Business Banking
 

Whitney Harrison Named Community Lender in Cassville, Mo.

Wednesday, April 16 at 05:20 AM
Category: Arvest Community News

We're excited to have Whitney Harrison, a local from the Cassville, Mo. area, serve in that community as a new Community Bank Lender specializing in agriculture.

CASSVILLE, Mo. — Arvest Bank is pleased to announce that Whitney Harrison has joined Arvest Bank in Cassville as a Community Bank Lender specializing in agriculture lending.

Harrison has previously worked as a loan application analyst in the Silverlake Implementations department for Jack Henry & Associates and as a financial services officer for FCS Financial.

“Whitney is a great addition to our Arvest Bank team,” said Arvest Bank Community President Mark Davis. “She is a native of Cassville who has a unique understanding of the agricultural customers’ needs.”

Harrison is a 2008 graduate of Cassville High School and earned her Associate degree in general agriculture from Crowder College in 2010. She graduated from Missouri State University with a Bachelor of Science in agriculture business with an emphasis in marketing and sales in 2011.

Harrison was born and raised on a farm just outside of Cassville. She is a member of the Braunvieh Association and the American Angus Association.

She is the daughter of Mike Harrison and Teresa Harrison. She attends Oak Ridge Missionary Baptist Church.

Tags: Arvest Benton County, Associates, Missouri, Press Release

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