Arvest Bank Recognized By SBA as a Top 5 Lender in Missouri

Wednesday, August 31 at 07:05 AM
Category: Arvest News

Arvest made 44 SBA loans in fiscal year 2015, totaling more than $11.7 million. 

MISSION, Kan. - The United States Small Business Administration (SBA) recently recognized Arvest Bank as a 2016 SBA Top 7(a) Lender of the Year in the Kansas City District. The designation is based on the number of loans secured during fiscal year 2015.

Arvest made 44 SBA loans in fiscal year 2015, totaling more than $11.7 million. Both numbers are increases over fiscal year 2014, when Arvest made 35 SBA loans with total volume of more than $6.8 million.

“Small businesses greatly contribute to the success of local communities and our national economy as a whole,” said Mark Larrabee, President and CEO of Arvest Bank in the Greater Kansas City market. “We are honored to be part of the success of these entrepreneurs by providing them with banking solutions that not only help get their businesses started, but also help them grow and reach the financial goals they have set for their companies.”

According to the SBA, small businesses create almost two-thirds of net new jobs every year and employ more than half of all Americans. Fiscal Year 2015 was a record year in lending for the SBA, which helped provide almost $33 billion in loans through its 7(a) and 504 loan programs. The 7(a) loan program is a general small business loan for start-up or existing companies. Small businesses apply for a 504 loan to finance fixed assets such as real estate and equipment.  

The SBA helped create or retain more than 680,000 jobs nationwide during the 2015 fiscal year.  

Tags: Arvest Biz, Business Banking, Missouri, Press Release, SBA.gov
 

Conversations from the Top in Kansas City in September

Wednesday, August 31 at 05:40 AM
Category: Arvest Community News

Stacie Prosser, market president and publisher of the Kansas City Business Journal, will speak as part of the Conversations from the Top series which is a moderated fireside chat with executive women in leadership in Kansas City. 

Stacie will share her wisdom on Sept. 22, 2016, noon to 1:15 p.m. at Central Exchange South (6201 College Blvd., Overland Park, Kan.). Registration* is required. 
 
In the Conversation from the Top series, you’ll hear inspirational stories from women who have faced challenging issues as they worked their way to the top of their field. They will share insights about their journey and give you things to think about in how you can achieve your own goals. 
 
September’s speaker, Stacie, has been with the KCBJ since 1996 and has experience working with a variety of businesses in her roles as a top performing sales person and as the director of advertising sales. She was named market president and publisher in December 2014. She is graduate of Baker University in Baldwin City, Kan. as well as the prestigious Centurions Leadership program. 
 
In addition to doing committee work for various civic and charitable organizations, Stacie serves on the board of Juvenile Diabetes Research Foundation of Kansas City, Hands and Hearts Auxiliary Board for Children’s Mercy Hospital, and the board of directors for the Greater Kansas City Chamber of Commerce. She and her husband are the proud parents of two sons and one daughter and reside in Shawnee.
 
Can’t attend this event? Be sure to look for our next event Nov. 17, 2016 featuring speaker Linda Sinnett, CFO at Design Resources, Inc. 
 
Links marked with * go to a third-party site not operated or endorsed by Arvest Bank, an FDIC-insured institution.

Tags: Community Support, Kansas City
 

Blue Lion Bikeway Ribbon Cutting in Fort Smith, Ark. Sept. 7

Tuesday, August 30 at 06:45 AM
Category: Arvest Community News

It's an honor for Arvest Bank to make a $50,000 donation to the Blue Lion Bikeway in Fort Smith, Ark., and to co-sponsor the ribbon cutting on Sept. 7.

The path to downtown Fort Smith just got a little easier for the University of Arkansas – Fort Smith campus community and those living along the seven miles of streets now designated as the Blue Lion Bikeway, a path that will benefit Fort Smith residents and will be celebrated during a ribbon cutting at 11 a.m. Sept. 7 at the Campus Green at UAFS.

Co-sponsored by Arvest Bank and UAFS, the ribbon cutting will recognize the bikeway connecting the campus to the city’s downtown area via seven miles of streets designated as sharrows, or shared bicycle lanes. The corridor spans Kinkead Ave., Park Ave. and North E St.

The bikeway was made possible through a $50,000 donation from Arvest in January to fund the installation of traffic signs and the painting of the sharrow designation on city roads, and the route will offer numerous perks to the Fort Smith community.

Specifically, the city will see a benefit by connecting neighborhoods to parks and public facilities, promoting exercise for local residents, improving land values, and growing economic development. Moreover, the painted roadways will provide a safety factor by reminding motorists of the presence of bike riders along this designated route.

“The bikeway is hitting multiple areas where people will benefit,” said Chris Raible, Business Banking Manager at Arvest and member of the Parks and Recreation Committee. “It’s going to increase commerce to downtown just from people biking down there, and studies have shown that trails and bikeways increase land values where they’re located.”

Raible said the bikeway will serve as a “connecting point” for the network of trails comprising the city’s burgeoning trails and greenways system. The bikeway will link to the recently completed Greg Smith Riverwalk Trail along the Arkansas River.

Running more than 30 miles, the trails system was commissioned by the city’s Parks and Recreation Committee after overwhelming community support. Local businesses that have supported the trails system include Arvest, Sparks Health System, Propak Logistics, BHC Insurance, Littlefield Oil, Hanna Oil & Gas, Mercy Health, Walther Arms, First National Bank of Fort Smith, and Weldon, Williams & Lick.

Raible pointed to the 2014 Fort Smith Comprehensive Plan, where the trails and greenways system was mentioned more than 40 times in the document, as evidence of support for the system.

“Because the comprehensive plan was a project compiled by the citizens of Fort Smith to outline a vision of the future for the community, that really emphasizes that this is something the citizens want,” Raible said.

UAFS students played an integral part in shaping the bikeway, as the university selected a student to be a member of the Trails and Greenways Committee, which allowed the students to have a voice in the bikeway’s creation, in addition assisting the committee in gathering data.

In a show of student support, the university’s Student Government Association passed a resolution in 2014 supporting a route connecting the campus to the trails and greenways system. 

“Every major city around us has trails systems, and it really is a strong draw for young people,” said Matthew Farrar, a UAFS graduate who served as the UAFS representative to the committee. “This is one more step towards a healthier and greener community, but also a community that is focused on keeping young people here and addressing their interests and needs.”

The ribbon cutting is free and open to the public, and free food and drink will be available for those in attendance. For more information, contact Dr. Elizabeth Underwood, associate vice chancellor for government and community relations, at 479-788-7008 or elizabeth.underwood@uafs.edu.

Tags: Arkansas, Community Support, Fort Smith, Press Release
 

Friday Financial Forum Sept. 2 in Bartlesville, Okla.

Tuesday, August 30 at 05:35 AM
Category: Arvest Community News

Join us Friday, Sept. 2 at 10 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.*

Our featured speaker will be Joe Todd  veteran, writer and historian   who will present a special tribute to those who labored on the home front during World War II. He is well known across the state for his extensive interviews of veterans who have served their country with honor, publicizing their narratives for future generations. Todd  a veteran of the Vietnam War, Gulf War and intervention in Haiti  enlisted in the U.S. Army at the age of 19. His grandfather served in World War I and his father served in World War II. 

What you can also expect at the event:

  • Information: Community leaders share topical, local and state information (Sen. John Ford, Rep. Earl Sears & Rep. Travis Dunlap) 
  • News: "The Scoop"  all about business and community happenings in Bartlesville (Billie Roane, Arvest Bank) 
  • Stock Report & Economic Update: Josh Randolph**, Arvest Wealth Management, and Sonya Reed***, Arvest Wealth Management
  • Hilarious Anecdotes: Jim Bohnsack, Arvest Bank

Each week brings a few surprises! Invite a friend to enjoy delicious homemade cookies and hear about what’s going on in the Bartlesville area. 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.

**Josh Randolph - Oklahoma Insurance License #122041
***
Sonya Reed-  Oklahoma Insurance License # 111796

Tags: Bartlesville, Community Support, Oklahoma
 

Kansas City Skyline Debit Card is Here!

Monday, August 29 at 09:35 AM
Category: Arvest News

We might be biased, but Kansas City has a beautiful skyline and we thought it would be pretty neat to have an Arvest debit card that featured it! So, we held a debit card contest where associates were asked to put their photography skills to use and submit a picture of the Kansas City skyline. The top five photographs were voted on and the most popular picture was deemed the winner! 

Congratulations to Angela Lollis, Administrative Assistant, on her winning photo of Kansas City at dusk!

“I’ve always had a passion for art, especially photography,” Lollis said. “I studied film photography in college, taught myself digital, and eventually worked up to a professional level and started my own business. Now I mainly shoot weddings, and that’s where I can be found many Saturdays outside of Arvest. But I absolutely love the opportunity to photograph landscapes and cityscapes when given the chance, so I was excited when this contest came along!”

The debit card is now available to order at arvest.com/style. What an amazing way to show Kansas City pride! 

Tags: Debit Cards, Kansas City

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