Bunnell Promoted to President of Arvest Equipment Finance

Thursday, December 08 at 06:15 AM
Category: Arvest Community News

We're excited to see Eric Bunnell grow his career with Arvest!

FORT SMITH, Ark. – Arvest Bank is pleased to announce that Eric Bunnell has been promoted from Senior Vice President and Sales Manager to President of Arvest Equipment Finance (AEF).

Bunnell, a Certified Lease & Finance Professional who is a member of the CLFP Board of Directors, has been with Arvest since 2012 and in the commercial lending industry since 2001. He also serves as a member of the National Equipment Finance Association.

In his new role, Bunnell will provide leadership and overall day-to-day direction and administration of Arvest’s commercial equipment finance division, among other duties.

“Eric’s industry experience and track record here at Arvest made him a natural choice to lead AEF,” said Craig Rivaldo, President and CEO for Arvest Bank in Benton County. “We are excited about what Eric will bring to his new role, and know that AEF is in good hands as that segment of our business continues to grow.”

AEF ended 2015 with $187.6 million in loans and leases. That was up 28 percent from 2014’s $146.4 million, according to MonitorDaily, a leading publication of the equipment leasing and finance industry. AEF’s loans and leases totaled $223.7 million at the end of October.

Bunnell is a native of Trenton, Mo., and earned a bachelor’s degree in agricultural economics at the University of Missouri. Bunnell has been active in numerous community organizations in Greater Kansas City and is relocating to Fort Smith. He and his wife, Kristin, have two daughters.

Tags: Arkansas, Associates, Fort Smith, Press Release

Arvest Wins Dinges Award in Southwest Oklahoma

Wednesday, December 07 at 05:30 AM
Category: Arvest Community News
Arvest Bank was awarded the Most Creative Partnership during the 2016 Lawton-Fort Sill Co-Op’s Major General Edward A. Dinges Awards banquet on Dec. 1. The award is Arvest’s fifth in the last seven years.

The Dinges Awards recognize the year’s top military-civilian alliances with the Most Creative Partnership Award presented annually to “a civilian business and a military unit that best exemplifies the spirit of cooperation between Lawton and Fort Sill.”

The award was given to Arvest and the Fires Center of Excellence for their partnership in Arvest Night at Cameron University’s Aggie gym. Active military and veterans were allowed entry for no cost to an Aggie basketball game last season. That night, Arvest and Cameron honored more than 100 soldiers from Fort Sill’s Fires Center of Excellence.

“We are grateful to be awarded for a partnership with the Fires Center of Excellence that is very important to us,” Arvest Southwest Oklahoma President David Madigan said. “Fort Sill and the Co-Op are important to Lawton and Southwest Oklahoma. We always look forward to working with Fort Sill and hope to again in the future.”

Arvest and Cameron have partnered for the 6th Annual Arvest Night on Jan. 5, 2017, when the Aggies host the University of Texas-Permian Basin. The women tip off at 5:30 p.m. with the men following approximately 30 minutes after the women’s game.

The Co-Op was first introduced by Commanding General of Fort Sill MG Edward Dinges to the Chamber on June 27, 1980. Just less than five years later, President Ronald Reagan presented the President’s Citation Program Award to the Chamber for the founding of the Co-Op.
Three other partnerships were awarded during the banquet. The Most Impactful Project Award went to Goodyear Tire & Rubber Company and the 428th Field Artillery Brigade. Comanche County Memorial Hospital and the 428th Field Artillery Brigade won the award for Most Volunteers on a Project. Goodyear and the Fires Center of Excellence were presented the Most Partnership Events award for their five ventures. 

Tags: Award, Community Support, Southwest Oklahoma

Friday Financial Forum Dec. 9 in Bartlesville, Okla.

Tuesday, December 06 at 05:50 AM
Category: Arvest Community News

Join us Friday, Dec. 9 at 9:45 a.m. for our Friday Financial Forum. We will meet at the Friday Forum Room at Arvest's East Side Branch, located at 4225 S.E. Adams Rd. in Bartlesville, Okla.*

Beginning at 9:45 a.m., the pre-forum activities will feature holiday music provided by Wesleyan Christian School High School choir directed by Marissa Shaw.  

The featured speaker this week is Mike Droese, Goldman Sachs, who will be giving the economic updates. Mike oversees the firm's relationships with banks, trust companies and wealth management firms with an emphasis on those located in the Midwestern United States. His responsibilities include conveying Goldman Sachs’ economic and market views to these institutions; sharing ideas regarding current trends in liquidity, asset and wealth management; educating clients about GSAM’s investment products; and broadly assisting them with executing on their value proposition. 

What you can also expect at the event:

  • Information: Community leaders share topical, local and state information (Sen. Julie Daniels, Rep. Earl Sears & Rep. Travis Dunlap) 
  • News: "The Scoop"  all about business and community happenings in Bartlesville (Billie Roane, Arvest Bank) 
  • Hilarious Anecdotes: Jim Bohnsack, Arvest Bank

Bring a friend and join us this Friday to hear about what’s going on in the Bartlesville area. We always have delicious homemade cookies for everyone!

If you have any questions or would like to be included on the invitation email list, please contact Billie Roane at (918) 337-4358. We look forward to seeing you there!

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

Tags: Bartlesville, Community Support, Oklahoma

Avoiding Identity Theft

Monday, December 05 at 09:00 AM
Category: Personal Finance

Tips for a safer shopping experience and additional ideas to help avoid identity theft.

LOWELL, Ark. – In addition to being one of the biggest shopping months of year, December is also Identity Theft Prevention and Awareness Month. 

Because an increasing number of people shop online in addition to traditional means, it is critical consumers know how to help protect themselves from identity thieves. These attacks not only can ruin the holiday shopping experience, but have disastrous and long-lasting effects on credit and bank accounts long after the holidays have passed.

The Bureau of Justice Statistics estimated that more than 17 million U.S. residents age 16 or older were victims of at least one incident of identity theft in 2014.

Below are some tips created by the Federal Trade Commission that can help consumers avoid such an unfortunate event.

- Lock your financial documents and records in a safe place at home, and lock your wallet or purse in a safe place at work.

- Limit what you carry. When you go out, take only the identification, credit, and debit cards you need. Leave your Social Security card at home.

- Before you share information at your workplace, a business, your child's school, or a doctor's office, ask why they need it, how they will safeguard it, and the consequences of not sharing.

- Shred receipts, credit applications and offers, insurance forms, physician statements, checks, bank statements, expired charge cards, and similar documents when you don’t need them any longer.

- Destroy the labels on prescription bottles before you throw them out. Don’t share your health plan information with anyone who offers free health services or products.

- Take outgoing mail to post office collection boxes or the post office. Promptly remove mail that arrives in your mailbox. If you won’t be home for several days, request a vacation hold on your mail.

- Before you dispose of a computer, get rid of all the personal information it stores. Use a wipe utility program to overwrite the entire hard drive.

- Before you dispose of a mobile device, check your owner’s manual, the service provider’s website, or the device manufacturer’s website for information on how to delete information permanently, and how to save or transfer information to a new device.

- Keep your browser secure. To guard your online transactions, use encryption software that scrambles information you send over the internet. A “lock” icon on the status bar of your internet browser means your information will be safe when it’s transmitted. Look for the lock before you send personal or financial information online.

- Use strong passwords with your laptop, credit, bank, and other accounts. Be creative: think of a special phrase and use the first letter of each word as your password. Substitute numbers for some words or letters. For example, “I want to see the Pacific Ocean” could become 1W2CtPo.

- If you post too much information about yourself via social media, an identity thief can find information about your life, use it to answer ‘challenge’ questions on your accounts, and get access to your money and personal information. Consider limiting access to your networking page to a small group of people. Never post your full name, Social Security number, address, phone number, or account numbers in publicly accessible sites.

- Keep a close hold on your Social Security number and ask questions before deciding to share it. If someone asks you to share your SSN or your child’s, ask: why they need it, how it will be used, how they will protect it, and what happens if you don’t share the number. 

- Install anti-virus software, anti-spyware software, and a firewall. Set your preference to update these protections often.

- Don’t open files, click on links, or download programs sent by strangers. Opening a file from someone you don’t know could expose your system to a computer virus or spyware that captures your passwords or other information you type.

- Before you send personal information over your laptop or smartphone on a public wireless network in a public place, see if your information will be protected. If you use an encrypted website, it protects only the information you send to and from that site. If you use a secure wireless network, all the information you send on that network is protected.

- Keep financial information on your laptop only when necessary. Don’t use an automatic login feature that saves your user name and password, and always log off when you’re finished.

For more extensive information on privacy and identity protection, visit www.ftc.gov* and look for the ‘Tips & Advice’ tab. If you’re interested in the kind of identity-theft protection that includes theft-resolution and file-monitoring services, Arvest offers Family IDProtect® with some of its checking accounts. To learn more about Arvest Bank and Family IDProtect®, visit www.arvest.com and select Family IDProtect® under the ‘Personal’ tab.

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

Tags: Consumer Protection, Financial Education, IDProtect, Press Release, Privacy and Security

Leeds Joins Arvest Board in Fayetteville, Ark.

Friday, December 02 at 09:50 AM
Category: Arvest Community News

Dean and professor of law at University of Arkansas School of Law joins Arvest Bank's board of directors in Fayetteville, Ark.

FAYETTEVILLE, Ark. — Arvest Bank in Fayetteville is pleased to announce that Stacy L. Leeds has joined the bank’s board of directors. 

“Stacy Leeds is an outstanding legal mind whose advice and service is in high demand,” said Donny Story, President and CEO for Arvest Bank in Fayetteville. “We know that her involvement on our board will bring the highest benefit to both Arvest Bank and our customers.”

Leeds is currently serving her second term as dean and professor of law at the University of Arkansas at Fayetteville School of Law. She first joined the university in 2011, where she lectures on American Indian law, oil and gas, property, natural resources and introduction to legal studies.

She holds law degrees from the University of Wisconsin and the University of Tulsa. Leeds earned her master’s in business administration from the University of Tennessee and her bachelor’s from Washington University in St. Louis. 

Leeds served in several capacities as a faculty member and administrator at the University of Kansas where she served as interim associate dean for academic affairs in the School of Law, director of the Tribal Law and Government Center and professor of law. While there, she received the Howard M. and Susan Immel Award for Teaching Excellence. In the College of Liberal Arts and Sciences, she served as interim chair of Indigenous Nations Studies. She was a senior administrative fellow in the Office of Provost from 2006-07. She also served on the law faculty at the University of North Dakota and as William H. Hastie Fellow at the University of Wisconsin School of Law.

Leeds was a recipient of the American Bar Association’s Spirit of Excellence Award in 2013, an elected member of the American Law Institute in 2011, and a former Alphonse Fletcher Sr. Fellow affiliated with the W.E.B. DuBois Research Institute at Harvard University in 2008-09. In 2015-16, she was affiliated with Northeastern State University, Tahlequah, Okla., as the Sequoyah Fellow.

A native of Muskogee, Okla., former athlete and life-long sports enthusiast, she was inducted into the Muskogee Athletic Hall of Fame in 2015.

She currently lives in downtown Fayetteville with her son, Hunter, age 8. 

Tags: Arkansas, Fayetteville, Press Release

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