Arvest Foundation Donation Supports MHSD, Peitz Cancer Support House

Wednesday, September 11 at 09:00 AM
Category: Arvest Community News

Friday night’s high school football match-up between the Mountain Home Bombers and the Harrison Goblins was full of surprises on the sidelines, but not from the student athletes.

After the first quarter, representatives from the Arvest took the field and announced four $5,000 gifts from the Arvest Foundation. The Mountain Home High School booster club, band and the Mountain Home Education Fund each received donations in memory of Lucas Todd, a Mountain Home High junior who was killed in a pedestrian accident before the beginning of this school year.

Todd was involved in athletics and band, and had intentions of applying for the Promise Scholarship from the Mountain Home Education Fund.

“Our students and community will always remember Lucas for his character, perseverance, achievements and his kind heart,” said Dr. Jake Long, superintendent of the Mountain Home School District. “This gift is a lasting way to honor him, as it will benefit many students this year and in the future. On behalf of our students, their parents and our faculty, we are very appreciative of the thoughtfulness and generosity behind these donations.”

In recognition of the theme of Friday’s game, “Tackle Cancer,” Arvest asked anyone in the stands who was battling cancer, or who had tackled cancer, to stand and be recognized. In recognition of their battle, and in honor of each individual, Arvest representatives presented a surprise donation of $5,000 to the Peitz Cancer Support House.

“The fight against cancer is draining – for those who are ill, and for their families,” said Melissa Hudson, director of the Peitz Cancer Support House. “Every gesture of support for our patients is incredibly meaningful and beneficial in their recovery, so we are very grateful to Arvest for this support.”

“Tonight was very meaningful for us and we were honored to be able to support the people of Mountain Home through these investments in education and health care,” said Sally Gilbert, market president of Arvest Bank in Mountain Home. “Our communities are stronger, healthier and a greater place to live when work together to support our friends and neighbors.”

Prior to the game, Arvest and the Peitz Cancer Support House co-hosted a Bomber tailgate party at the stadium to celebrate the first home conference game of the season.

 

About the Arvest Foundation

The Arvest Foundation seeks to provide funding to grantees who are actively working to create positive change for others. Major areas of focus include: K-12 education, economic development, and enhancing the quality of life throughout the Arvest footprint. For more information, go to www.arvestfoundation.org.

Tags: Arkansas, Arvest
 

Arvest Bank Announces Roper Hiring

Monday, September 09 at 09:00 AM
Category: Arvest Community News


Arvest Bank is pleased to announce it has hired Tammy Roper as a community development representative in Fort Smith.

Roper joins Arvest after five years at the Arkansas Division of Workforce Services and five years at the Crawford County Juvenile Office. Among other duties in those roles, Roper provided customer service to dislocated workers, assessed clients’ financial needs, and worked with families to mentor at-risk youth.

In her new role at Arvest, Roper will help develop and maintain strong relationships with community groups and entities focused on affordable housing, organizations that target low- to moderate-income (LMI) communities, and organizations that facilitate and encourage small business, among other responsibilities. She will be based out of the Arvest branch located at 5000 Rogers Ave.

“I am so excited to have Tammy join our Arvest team, said Beth Presley, marketing manager for Arvest in Fort Smith and the River Valley. “With her community knowledge and willingness to help people, I am confident we will accomplish our goals of helping our customers and community to meet their financial goals.”

Roper earned a bachelor’s degree in sociology at the University of Central Oklahoma, where she also played basketball. She lives in Fort Smith with her husband and two daughters, and the family attends House of Restoration Church. Among other civic endeavors, Roper volunteers for Girls Inc., Comprehensive Juvenile Services Inc., and has coached various girls basketball teams.

Tags: Arkansas, Arvest, Fort Smith
 

Home Sales Increase 7 percent While Prices Continue Rising

Friday, August 30 at 09:00 AM
Category: Arvest News

Arvest Bank today released its biannual Skyline Reports on residential real estate in Northwest Arkansas for the first half of 2019.

Homebuying activity in the region was very strong, posting a 7 percent increase from the first half of 2018. There were 4,747 homes sold, which is the third-highest total since the Skyline Report debuted in 2005.


During the period, the average price for homes sold continued to rise and reached record highs in both Benton and Washington counties. The average sale price in Benton County was $250,608, a 5.3 percent increase from $238,098 in the first half of 2018. The average sale price in Washington County was $235,893, a 0.1 percent increase from $235,618 in the first half of 2018.

In the past five years, the average price of homes sold in Benton County has risen 33.2 percent, while the average price in Washington County has risen 28.1 percent. On a cost-per-square foot basis, prices rose 5.2 percent in the two-county area, from $110.85 a year ago to $116.64 this year.

During the first half of this year, 27.3 percent of all houses sold were new construction, the highest percent since Skyline’s inception.

In the short term, the area’s ability to keep pace with the demand evident in these trends is dependent upon enough new homes being built to have ample supply. With 1,946 building permits being issued in the first half of the year – the highest total since 2006 – this short-term need would appear to be accomplished.

However, looking further ahead, there could be a shortage of available lots for future building, as the number of months of inventory of available lots, based on current absorption rates, continues to drop. This inventory peaked at 281 months in the first half of 2011 and has now fallen to 25.6 months.

Mervin Jebaraj, director of the Center for Business and Economic Research (CBER) at the Sam M. Walton College of Business at the University of Arkansas, speaking about the long-term supply of future lots, said, “With the area continuing to attract newcomers, and as young people continue entering the homebuying market, the need for new homes is likely to continue for quite some time. In order to meet this future demand, it is up to our cities to find ways to allow more utilization of current areas for residential development, as many consumers wish to live close to desired amenities. Land for development in less populated areas should not be an issue, but land for development within cities is also needed, along with the water and sewer infrastructure needed to support residential developments.”

Mark Ryan, executive vice president and loan manager with Arvest Bank of Benton County, said about the residential Skyline results, “The real estate market in Northwest Arkansas continues to be strong for developers, sellers and buyers. We are working with our residential developers to provide the financing they need to keep supply levels in line with demand, and our mortgage lenders have been very busy this year helping our customers get the home loans they need.”

The Arvest Skyline Report is a biannual analysis of the latest commercial, single-family residential and multifamily residential property markets in Benton and Washington counties. The report is sponsored by Arvest Bank and conducted by CBER.

In 2004, Arvest Bank contracted with CBER to collect information about the local real estate markets. CBER researchers aggregated and analyzed data from local governments, property managers, visual inspections and the business media to provide a complete picture of the status of property markets in the two counties.

CBER provides excellence in applied economic and business research to federal, state and local government, as well as to businesses currently operating or those that desire to operate in the state of Arkansas. The center further works to improve the economic opportunities of all Arkansans by conducting policy research in the public interest.

Tags: Arkansas, Arvest
 

Arvest Bank Names Watkins Vice President in North Central Arkansas

Wednesday, August 21 at 09:00 AM
Category: Arvest Community News


Arvest Bank has promoted Tiffany Watkins to vice president, marketing manager for the bank’s North Central Arkansas market. She previously was assistant vice president and marketing manager for the territory.

Watkins is responsible for all marketing and public relations initiatives, manages the placement of traditional and social media, creates and manages grassroots efforts for multiple communities in North Central Arkansas, and works in collaboration with the Arvest Foundation to maximize charitable giving throughout the market.

She has more than 14 years of bank marketing experience with Arvest, and more than 17 years of experience in the banking industry.

“Tiffany is well-known and well-respected throughout North Central Arkansas and that is a testament of her dedication to serving our customers and supporting our area communities through a variety of projects,” said Mike Willard, president and CEO of Arvest Bank in North Central Arkansas. “We are fortunate to have her in this leadership role, as she is the epitome of the Arvest culture we proudly nurture.”

Watkins’ community involvement includes her service as current board chair of the Food Bank of North Central Arkansas, immediate past president of the Rotary Club of Harrison, past board chair of the North Arkansas Medical Foundation and committee member of the Harrison chamber’s Crawdad Days. She also was involved in the Believe Boone County initiative, a project of the Harrison chamber; and the Community Performing Arts Council at Arkansas State University, Mountain Home.

Watkins earned a bachelor’s degree in communications from the University of Arkansas. She and her family live in Harrison. 

Tags: Arkansas, Arvest, North Central Arkansas
 

Arvest Bank Promotes Gaffigan in Springdale

Tuesday, August 20 at 09:00 AM
Category: Arvest Community News


Arvest Bank is pleased to announce Robert Gaffigan, NMLS # 1165470, has been promoted to senior vice president and manager of its Private Banking team in Springdale.

Gaffigan has 14 years of industry experience and has served in a variety of roles at Arvest, most recently as an Arvest Private Banking advisor. In his new role, Gaffigan is responsible for the management and development of that Private Banking team.

“This promotion is well-deserved and we look forward to great things from Robert,” said Chis Thornton, loan manager for Arvest in Springdale. “His experience and expertise will be a big benefit not just for the bank, but more importantly, for our customers.”

Gaffigan earned a degree in organizational management at John Brown University and holds Series 7 and Series 66 licenses, as well as life and health insurances licenses. He and his wife, Jenna, live in Rogers with their three children, where they attend First Baptist Church in Rogers.

Tags: Arkansas, Arvest, Springdale
 

Arvest Bank Announces Boerjan Promotion

Monday, August 19 at 12:00 PM
Category: Arvest Community News

Arvest Bank is pleased to announce it has promoted Ben Boerjan* to consumer loan advisor.


Boerjan has had multiple roles at Arvest since 2015, most recently serving as a financial sales representative. In his new role, Boerjan will be active in the generation of consumer loans. He is based out of the Arvest branch located at 3421 South 74th St. in Fort Smith.

“During his time at Arvest, Ben has established an excellent presence in the community and has exhibited a desire to learn consumer lending in order to better serve his customers,” Arvest consumer lending sales manager Jack Farley said. “These attributes will serve him well in this new role.”

Boerjan lives with his wife and son in Alma, where he is an active member of Beyond Church.

*NMLS# 1516973

Tags: Arkansas, Arvest

Choose one or more categories to subscribe to:




Cancel