Small Business Education Series in Kansas City on Dec. 12

Wednesday, November 26 at 07:05 AM
Category: Arvest Community News

Calling small business owners and entrepreneurs in Greater Kansas City! You are invited to attend a session on Dec. 12 in Arvest’s Small Business Education Series targeted to businesses that have been in business one to five years.

This is the fourth class in a four-part series and is tailored for a business owner looking for ways to retain their employees and ensure personal financial success. Attendees will hear ways to plan for their own retirement and gain help in designing a plan for the business when the owner is ready to move on. The class will cover retirement options for the business owner and will provide tools in deciding what retirement options are right for the employees.

The session will be held Dec. 12, 11:30 a.m. – 1:30 p.m. at Central Exchange* located at 1020 Central St. #100, Kansas City, Mo. Please register* and pay for the event online. This event is free to the public.

Here’s a preview of the guest speakers.

Laura Ward, MidCap Advisors
Laura earned her Bachelor of Science from Rochester Institute of Technology, where she graduated summa cum laude. Laura has earned 10 certifications, including Business Intermediary, Exit Planner and Business Coach. In November 2014 Laura earned her certification as a Mergers and Acquisitions Master Intermediary. Laura is a sought after speaker, educator and facilitator and has written many articles for regional and international publications. She was a founding member and executive board member of the Women’s Capital Connection, an angel fund dedicated to providing funding and mentoring to women business owners. Laura is a past president of the Kansas City chapter of the National Association of Women Business Owners. She has served as a board member and/or committee member for a number of organizations. Because of Laura’s efforts to promote women owned businesses, Laura was awarded the 2008 Joan Strewler-Carter Women of Influence Award and in 2011 Laura was an honoree of the “Women Who Mean Business” by the Kansas City Business Journal.

Carissa Froome, Arvest Bank
Carissa joined Arvest Asset Management in early 2013. She brings over 19 years of banking, financial and high net worth advisory services experience with her. Carissa’s focus is on partnering and advising private business owners, corporate executives, retirees and their families to plan for their financial security and their financial legacy. With her desire to listen and learn about her clients’ core goals, she dedicates her attention to helping clients with planning, advice and investment management. Her role includes business development as well as the implementation and review of managed trust and investment accounts. Carissa holds a Bachelor of Science in Business Administration with a concentration in Accounting from Rockhurst University and a Master of Business Administration in Marketing with an emphasis in International Business from Loyola University Chicago. Actively involved in the community, Carissa is a board member of Rockhurst University Leadership Council and WIN for KC.

We look forward to meeting you at Arvest’s Small Business Education Series on Dec. 12!

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

Tags: Arvest Biz, Business Banking, Kansas City
 

Arvest Private Banking Adds Three in Benton County, Ark.

Tuesday, November 25 at 10:35 AM
Category: Arvest Community News

Arvest Private Banking expands staffing in Benton County, Ark.

ROGERS, Ark. — Arvest Bank has announced that three new private bankers have joined the Arvest Private Banking teams in Benton County.

“We have seen a growing need to expand the staff at Arvest Private Banking in order to keep up with the demand we have for focused customer service and financial guidance for our customers,” Robyn Breshears said. “Kristy, Britni and MacKenzie are all extremely focused on how Arvest Bank can best assist clients in reaching their individual financial goals. Each one is a great addition to our team.”

Kristy Carney is a Private Banking Advisor and reports to Robyn Breshears, Private Banking Manager. She will work at the Lowell and Rogers Downtown locations. Carney has been with Arvest Bank for the past 14 years, starting as a Teller in 2000, then working as a Commercial Loan Assistant and Consumer Lender until 2012 when she moved to Springdale as a Private Banking Advisor.

A native of Greenwood, Carney graduated from the University of Arkansas with a Bachelor of Science in business administration, finance and banking. She holds Series 7, Series 66, and life and health insurance licenses in Arkansas. Carney has recently been named to the Ozark Natural Science Center’s board of directors. She and her husband, Sean Carney, have a daughter Avery. The family lives in Rogers.

Britni Menke was promoted to Arvest Private Banking as Business Development Representative. She will report to Breshears and will work at the Bentonville Financial Center and Bentonville Downtown locations. Menke first joined Arvest Bank in August 2013 as the assistant branch manager of the Financial Center location in Bentonville. Before then, she started her banking career as a part-time front line associate at The First National Bank of Barry in Barry, Ill., in 2007. She later worked for JP Morgan & Chase in Bloomington, Ill., before moving to Arkansas.

Menke attended Culver-Stockton College in Canton, Mo., and Illinois State University in Bloomington, Ill. While still in college, Menke volunteered for St. Jude’s Children’s Hospital and continued her interest in philanthropy through Alpha Delta Pi sorority at Illinois State University for the Ronald McDonald House. While living in Normal, Ill., she was a volunteer at the Children’s Museum and the Normal Public Library. She is an active member of New Hope Fellowship of Springdale.

MacKenzie Wallace joined Arvest Private Banking as an Administrative Assistant. She will report to Breshears and will work at the Financial Center in Bentonville. This is Wallace’s first job with Arvest Bank. She previously worked for a small company in Rogers where she oversaw finances and managed accounts.

A native of Gravette, Wallace earned an Associate of Science from Northwest Arkansas Community College in 2012. A new resident of Bentonville, Wallace has attended New Life Christian Center in Centerton for the past four years.

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

Holiday Budget Tips

Monday, November 24 at 11:05 AM
Category: Personal Finance

You may have been a last-minute holiday shopper last year, but planning now can help you have a happier, stress-free holiday season this year.

  • Make a list, and check it twice. Experts agree it helps to write down a list of all the people for whom you plan to shop, before you hit the stores or turn on the computer. Next to each name write down what you want to buy for that person, and how much you want to spend. You get a clear idea of the numbers involved and know in advance how many gifts you need to purchase.
  • Shop for bargains once you have an idea of what you're looking for and for whom you are buying. In addition, if you are purchasing a number of items from the same online retailer, buying all the items together can cut down on shipping costs.
  • Curb impulse shopping and spending – buy only what is on your list. If you've forgotten someone, add them to your holiday budget and, if necessary, adjust the amounts you spend on others so you keep the same total.
  • Make a plan for those other expenses. Give some thought to how much you'll be spending during the holiday season on things other than gifts. Be sure to include in your budget the following: postage for cards and presents that need to be shipped; wrapping paper, bows, greeting cards and other supplies; decorations; food and drinks for holiday meals (and don't forget to add more, if you will be feeding guests); and travel expenses.
  • Review your receipts and bills from last year. This will give you an idea of the amount you actually spent and how long it took to pay for it all.
  • Save your holiday receipts from this year and either total them daily or add them up two weeks before the actual holiday. Expenses add up fast during this busy season. Seeing your totals will provide you with a reality check as to how much more you can afford to spend.
  • Using credit during the holidays? If so, take only the credit cards you will need and limit those to as few as possible. And be sure to check your credit card statements carefully for any unauthorized charges. Report such charges immediately to your financial institution or credit card company. 

If you follow some of these simple tips, you should have a successful and financial stress-free holiday season!

Article courtesy of the American Bankers Association.

Tags: Budgeting, Credit Cards, Financial Education
 

Arvest.com Sponsors Arkansas-Oklahoma Cross Country All-Stars Meet

Monday, November 24 at 10:10 AM
Category: Arvest Community News

Arvest.com sponsored the 21st Annual Arkansas-Oklahoma Cross Country All-Stars Meet which took place Nov. 15 at the Rogers (Ark.) High School cross country course. Arvest proudly supports the communities it serves, including local schools and athletic programs.

The All-Star Meet brought together a team of high school all-stars from each state for an annual border clash. This year it was hosted by Rogers (Ark.) High School and conducted by the Arkansas Track Coaches Association. While the temperature was in the mid-20s, and wind and rain visited the course, the runners attacked the 5K grass course with abandon and posted some nationally competitive times.

Adrena Mazzei (Berryhill High School) led the way for Oklahoma in the girls’ race with a winning time of 18:42, just steps ahead of teammate Isabella Rose (Norman North High School) at 18:45. Kyandra Chandler (Nettleton High School) of the Arkansas squad was 5th in at 19:21. Ben Barrett (Norman North High School) won the boys’ race for Oklahoma in a near course record time of 15:35 followed by Sooner State teammate Isai Rodriquez (Ringwood High School) at 15:46. Josh Kruse (Bentonville High School) led the Natural State team in 5th at 16:10. Oklahoma swept the team results with a 61-121 win in the boys’ race and by 60-125 in the girls’ race. Each finisher in the top 25 received a medallion commemorating the meet. Complete meet results can be found at Y Timing.*

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

Tags: Arkansas, Community Support, Oklahoma
 

Talking Turkey Safety

Friday, November 21 at 09:35 AM
Category: Personal Finance

That time of year is once again upon us. When Americans gather around the table with friends and family members to feast and give gratitude for the annual tradition that is Thanksgiving. But before you come to the table with your turkey platter and gravy, take a moment to read these turkey preparation and safety tips from the United States Department of Agriculture.

Turkey Thawing

When a turkey is frozen, it is safe from bacteria. However, once it begins to thaw, bacteria can start to grow. The good news is there are three relatively easy ways to thaw frozen turkeys — in your refrigerator, in cold water or in the microwave. Whichever method you choose, it's important to note until you are ready to thaw your frozen turkey, it should be immediately placed in your freezer. A frozen turkey should also never be left outside or in your car, where the temperatures vary.

In the refrigerator:

  • A thawed turkey can remain in your refrigerator for up to 48 hours before cooking.
  • When thawing the turkey in the refrigerator, allow 24 hours for every 4 to 5 pounds of turkey.
  • Place the turkey in a pan or other dish to ensure the juices from the thawed turkey don't drip in your refrigerator.

In cold water:

  • If you wish to thaw a turkey in cold water, soak 30 minutes per pound.
  • Ensure the turkey is in a waterproof bag to prevent leakage.
  • Submerge the entire turkey in cold water and change the water every 30 minutes.
  • Once the turkey is completely thawed, cook it immediately.

In the microwave:

  • Since microwaves vary in size and power, it's important to refer to the microwave manufacturer's instructions before attempting to thaw your turkey.
  • Plan to cook the turkey immediately after it is thawed to prevent bacteria from growing.

Cooking a Turkey
Once you've completely thawed your turkey you're ready to cook it. Note these important tips about cooking:

  • Set your oven temperature to 325° F.
  • Do not preheat the oven; it's not necessary.
  • Insert a food thermometer in the turkey. An internal temperature of 165°F will prevent bacteria from growing.
  • Recognize that stuffed turkeys take longer to cook and dark roasting pans cook faster than shiny metals.
  • Speed cook by using the lid on the roasting pan or an oven cooking pan.
  • Use the following guide for cooking times:

Unstuffed turkeys (time in hours)

  • 4 to 6 lbs. breast – 1 1/2 to 2 1/4
  • 6 to 8 lbs. breast – 2 1/4 to 3 1/4
  • 8 to 12 lbs. – 2 3/4 to 3
  • 12 to 14 lbs. – 3 to 3 3/4
  • 14 to 18 lbs. – 3 3/4 to 4 1/4
  • 18 to 20 lbs. – 4 1/4 to 4 1/2
  • 20 to 24 lbs. – 4 1/2 to 5

Stuffed turkeys (time in hours)

  • 8 to 12 lbs. – 3 to 3 1/2
  • 12 to 14 lbs. – 3 1/2 to 4
  • 14 to 18 lbs. – 4 to 4 1/4
  • 18 to 20 lbs. – 4 1/4 to 4 3/4
  • 20 to 24 lbs. – 4 3/4 to 5 1/4

Once cooked, let the turkey sit for at least 20 minutes before carving.

These are just a few of many safety tips to ensure your turkey feast is safe and delicious. For a comprehensive list, visit the USDA.gov.* You'll be thankful you took the time to read them.

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

Choose one or more categories to subscribe to:




Cancel