Great Outdoors Debit Cards Free This Week

Monday, October 20 at 10:00 AM
Category: Arvest News

Do you count antlers instead of sheep when trying to fall asleep? Do you call in sick to work when you’re really off hunting or fishing? Do you feel like you were born to hunt but forced to work? If you answered yes to any of these questions, then you’ll be excited to hear we’re offering our great outdoors debit cards free for a limited time.

To celebrate hunting and fishing season, we invite new and existing customers to enjoy our great outdoors debit cards free Oct. 20-25, 2014. Existing customers are typically charged a $5 replacement fee which will be waived for the great outdoors cards during this promotion. The great outdoors series includes: catch of the day, deer at dawn, flight at dusk and on the wing.

To order your card, call (866) 952-9523 or stop in your nearby Arvest Bank. Your card number will stay the same when you switch to the new design. You can check out more specialty debit card designs at

Available for use with checking accounts only; $50 minimum deposit required to open account.

Tags: Debit Cards

Harrison, Ark. Goblin Pep Rally Raises Food Items for 1 Million Meals

Monday, October 20 at 03:05 AM
Category: Arvest Community News

Students in Harrison, Ark., garnered 869 food items for those in need in the community. 

HARRISON, Ark. — In early September, Arvest Bank announced the beginning of the 1 Million Meals initiative that challenges the community to participate in fundraising efforts and nonperishable food drives to fight hunger in the more than 120 communities the bank serves.

As part of the 1 Million Meals outreach in North Central Arkansas, Arvest partnered with the Goblin Booster Club to hold a “Rally with the Goblins and Stuff the Truck” event at the Harrison Goblin Pep Rally on Tuesday, Oct. 14. The event featured Miss Arkansas 2014 Ashton Campbell, who was recently crowned second runner-up at the Miss America Pageant. Campbell performed live for the crowd and was on hand to sign autographs and take photos with attendees.

During the pep rally, students, school employees and community members donated a total of 869 non-perishable food items to benefit Ozark Share and Care of Harrison. 

“Participating in Arvest’s 1 Million Meals initiative has provided us with a great way to teach our students about giving back to the community and helping those in need,” said Kim Rosson, president of the Goblin Booster Club. “I am so proud of all those in attendance at ‘Rally with the Goblins and Stuff the Truck’ who donated food items to support Ozark Share and Care in their mission to fight hunger.” 

Arvest’s 1 Million Meals campaign is ongoing through Nov. 1. Non-perishable food or monetary donations can be made at any of the four Arvest branches in Harrison or by calling (866) 952-9523. All local donations will benefit Ozark Share and Care.

For more information about 1 Million Meals, visit

About Ozark Share and Care

Ozark Share & Care is a community-sponsored non-profit started in 1987, and has grown to be an essential part of the Harrison community. Emergency food, clothing, household items, bedding, and furniture are provided as available for anyone in need. Proof of income is required to determine eligibility, and any person who demonstrates need for services will be assisted, regardless of race, religion, nationality, physical, or mental abilities. Funds to operate the program are generated through the sale of donated items in the 5,000 square foot retail thrift store located on the property. Donations of new and used goods are received daily, and are sorted and sold in the thrift store. In addition to money generated from the thrift store, donations are received from individuals, organizations, clubs, churches, and businesses.

Tags: 1 Million Meals, Arkansas, Charitable Giving, Community Support, North Central Arkansas, Press Release

Arvest Bank’s Hunger Initiative Surpasses One Million Meals

Friday, October 17 at 11:15 AM
Category: Arvest News

 Arvest's 1 Million Meals campaign reaches 1.25 million meals with two weeks left to give. We thank all who have donated to the campaign!

LOWELL, Ark. — Arvest Bank announced in early September the beginning of its fourth annual 1 Million Meals initiative, which challenges bank associates, customers and communities to fight hunger in the more than 120 communities the bank serves by providing meals to those in need. Today, the bank announced the campaign has exceeded 1,000,000 meals, reaching the goal with two weeks remaining in the campaign. A total of 1,248,252 meals have been raised. 

Arvest branches throughout Arkansas, Missouri, Kansas and Oklahoma have been participating in the 1 Million Meals initiative by collecting nonperishable food items and monetary donations. These efforts will continue through Nov. 1, with the donations given to the local communities Arvest serves just in time for the holidays.

Every dollar raised through 1 Million Meals provides the equivalent of five meals for local, hungry families. For more information about 1 Million Meals, visit

Tags: 1 Million Meals, Arkansas, Charitable Giving, Community Support, Kansas, Missouri, Oklahoma, Press Release

Pedersen Joins Arvest Private Banking In Springdale, Ark.

Friday, October 17 at 04:35 AM
Category: Arvest Community News

We're happy to welcome Mary Pedersen to Arvest Private Banking in Springdale, Ark. Her 20 years of work experience will help her provide top-notch service to our private banking customers. 

SPRINGDALE, Ark. — Arvest Bank is pleased to announce that Mary Pedersen has joined Arvest Bank in Springdale as Senior Vice President and Private Banking Manager.

Pedersen’s previous 20-year work experience includes various private banking leadership roles, most recently as regional market manager, where she managed a team of wealth management bankers over a multi-state territory as well as having her own portfolio of clients with a large financial institution.   

“Mary comes to Arvest with over 20 years of experience in private banking and wealth management and holds several investment licenses,” said Robyn Breshears, Senior Vice President and Regional Private Banking Manager for Arvest in Benton County and Springdale. “Over the past five years, she managed eight wealth management bankers and supported 15 financial advisors. Mary’s deep knowledge of wealth management strategies, as well as overall banking and lending experience, make her a great addition to the Springdale private banking team. She will work alongside other team members to serve clients and meet their financial needs.”

Mary is a past board member of the Rogers Public School Foundation and volunteers with various community organizations and activities.

She and her husband, Dennis Pedersen, have two daughters, Megan and Katie. The family attends St. Vincent DePaul Church.

Tags: Arkansas, Associates, Press Release, Springdale

5 Tips to Help Rebound From a Bad Credit History

Thursday, October 16 at 10:40 AM
Category: Personal Finance

For people grappling with a history of debt payment problems, improving their credit record may seem like a daunting task. FDIC Consumer News offers these tips, which can help increase the chances of qualifying for better loan terms, lower insurance rates and perhaps even a new job or apartment.

1. Order your free credit reports and look for errors. Credit reporting companies, often referred to as "credit bureaus," maintain reports that show how an individual handles certain aspects of his or her finances. Your credit report includes information on how much credit you have available, how much credit you are using, whether you pay loans and other bills on time, your payment history on closed accounts, and any debt collections or bankruptcy filings. Credit bureaus and other companies use the information in your credit report to generate a credit score to predict, for example, how likely you are to repay your debts or how reliable you may be as a tenant.

Federal law requires credit reporting companies to provide consumers with a free copy of their credit report once every 12 months, if requested. You can easily obtain your free credit reports from each of the three major credit bureaus (Equifax, Experian and TransUnion) at one website —* — or by calling (877-322-8228). Under other circumstances, such as being denied a loan or employment based on your credit report or if you believe you may be a fraud victim, you are also entitled to a free copy directly from the credit bureau that provided the initial report. Be cautious of costly subscriptions to additional credit-related services that you may be offered while requesting your credit report.

Because mistakes can happen, closely review your credit report(s) when you receive it. According to a 2012 study from the Federal Trade Commission, more than 25 percent of consumers surveyed identified errors on their credit reports that might affect their credit scores. "It is important to dispute inaccurate information, in writing, with both the credit reporting company as well as with the original source of the information so that the error does not show up again," said Jennifer Dice, an FDIC supervisory consumer affairs specialist.

If you have a complaint about a credit reporting company, you can contact the Consumer Financial Protection Bureau (CFPB) online* or call (855) 411-2372.

2. Improve your credit history by paying your bills on time. Paying on time is one of the biggest contributors to your credit score. If you have a history of paying bills late, find out if your bank will send you an email or text message reminding you when a payment is due. You may also consider having your payments for loans or other bills automatically debited from your bank account.

Once you become current on payments, stay current. "The more you pay your bills on time after being late, the more your credit score should increase," Dice added. "The impact of past credit problems on your credit score fades as time passes and as your current timeliness in paying bills is reflected on your credit report."

3. Reduce the amounts you owe. You can get on track toward a better score by paying down balances owed.

It takes some discipline, so start by getting organized. Make a list of all of your accounts and debts (perhaps using your credit report, if it's accurate, and recent statements) to determine how much you owe and the interest rate you are being charged. You may be able to reduce your interest costs by paying off the debts with the highest interest rate first, while still making the minimum payments (if not more) on your other accounts.

Also consider how to limit your use of credit cards in favor of cash, checks or a debit card. "While regular, responsible use of your credit card may help your credit score, it is best to keep your balance low enough so that you can pay the account balance in full, on time, every month," suggested Heather St. Germain, an FDIC senior consumer affairs specialist.

4. Consider free or low-cost help from reputable sources. Counseling services are available to help consumers budget money, pay bills and develop a plan to improve their credit report. Be cautious of counseling services that advise you to stop making payments to your creditors or to pay the counselors instead (so they can negotiate on your behalf with the lender). These programs can be costly and may result in your credit score becoming even worse.

5. Beware of credit repair scams. Con artists lure innocent victims in with false promises to "erase" a bad credit history in a short amount of time, but there are no quick ways to remove credit problems on your record that are legitimate. "You'll also know you've encountered credit repair fraud if the company insists you pay upfront before it does any work on your behalf or it encourages you to give false information on your credit applications," said St. Germain. In general, before doing business with a for-profit credit repair company, learn how you can improve your own credit history at little or no cost.

For more information from the FDIC, the CFPB, the Federal Trade Commission and other government agencies on topics such as credit reports, credit scores, fixing a credit problem and how to choose a credit counselor, go to* and search by topic.

Article courtesy of FDIC Consumer News.

Links marked with * go to a third-party site not operated or endorsed by Arvest Bank, an FDIC-insured institution.

Tags: Credit History, Financial Education

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