Arvest Bank Collects SBA Awards in Little Rock

Tuesday, May 15 at 01:00 PM
Category: Arvest News

Arvest Bank was recognized twice at the 28th Annual Arkansas Small Business Awards Luncheon on Thursday, May 10, in Little Rock. The awards were announced by the U.S. Small Business Administration (SBA) last month, and last week’s event was hosted by the Arkansas State Chamber of Commerce.


Arvest was named the Arkansas Top SBA Lender in terms of both number of loans and dollars loaned. Brett Ausley, business banking manager for Arvest in central Arkansas, accepted the award on behalf of the bank.

“Participating with the SBA is a wonderful tool for many of our customers, and we are grateful those customers trust Arvest to help them with these transactions,” Ausley said. “We also want people to know that while we are proud of our past successes helping small businesses, it is something we are putting an even greater emphasis on as we move forward.”

The awards were based on SBA data for the fiscal year ending Sept. 30, 2017. It marked the fourth consecutive year Arvest ranked as the state’s No. 1 SBA lender based on its number of 7(a) loan approvals.

SBA 7(a) loans are its primary means for helping startup and existing small businesses deal with a variety of general business purposes, and volume climbed to a record amount – more than $25 billion – in 2017, according to Bill Manger, associate administrator at the SBA’s Office of Capital Access.

Arvest remains an SBA-preferred lender, meaning the process is streamlined for applicants. Small business owners who need to explore financing options should talk to an SBA-approved lender who can offer them a complete range of available options.

Tags: Little Rock
 

Hunger Initiative Surpasses One Million Meals with Three-Plus Weeks Left to Give

Friday, May 11 at 09:00 AM
Category: Arvest News

Arvest Bank announced in early April the beginning of its eighth annual 1 Million Meals initiative, which challenges bank associates, customers and community members 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 one million meals, reaching the goal with more than three weeks remaining in the campaign. A total of 1,002,353 meals have been raised.

Arvest branches throughout Arkansas, Kansas, Missouri and Oklahoma have been participating in the 1 Million Meals initiative by collecting nonperishable food items and monetary donations. These efforts will continue through June 2, with the donations given to the local communities Arvest serves later in the month.

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 arvest.com/millionmeals.

Tags: 1 Million Meals
 

Arvest Foundation Contributes to Kiwanis Club of Bartlesville

Friday, May 11 at 08:00 AM
Category: Arvest Community News

Sooner Junior Miniature Golf will be receiving much-needed updates and improvements thanks to a $2,500 donation from the Arvest Foundation.


The gift was announced at the Downtown Kiwanis Club meeting in Bartlesville. Annah Fischer of Arvest Bank was on hand to present the check.

The funds will help the Kiwanis Club install new turf and make various improvements at the Sooner Junior course.

“Sooner Junior has been a staple in family entertainment for over 30 years,” said Rachelle Wilson, president-elect, Kiwanis Club of Bartlesville. “Thanks to the Arvest Foundation, we can continue to maintain and improve this wonderful community facility.”

“The Kiwanis Club of Bartlesville is extremely grateful for our continued partnership with Arvest. The generous donation from the Arvest Foundation for the Sooner Junior Miniature Golf Course is just another examples of Arvest’s commitment to our community,” said Nathan Thompson, president, Kiwanis Club of Bartlesville.

Sooner Junior opened for its 2018 season on April 28. The course features 18 holes, and the funds raised from the course go to supporting local Kiwanis projects such as Kids Fishing Derby, scholarships and more.

“We are pleased to present this donation on behalf of the Arvest Foundation,” said Fischer, marketing manager, Arvest Bank. “Sooner Junior truly is a gem in our community. This donation is just one of the many we have made throughout the area. It demonstrates the foundation’s ongoing commitment to enhancing the quality of life for our community.”

Tags: Bartlesville
 

Forbes Names Arvest Bank One of America’s Best Employers

Thursday, May 10 at 08:00 AM
Category: Arvest News

Arvest Bank has been recognized by Forbes magazine as one of “America’s Best Large Employers” for 2018, the second consecutive year it has received the honor.

Arvest ranked 266th out of the 500 businesses – with 5,000 or more full- or part-time employees – nationwide that scored highest in an independent survey.

“Maintaining a culture that appeals to, and supports, our associates leads to having happy, loyal and satisfied customers,” Arvest president and CEO Kevin Sabin said. “It is extremely rewarding to know our associates think so highly of our bank. It’s even more gratifying to see that translate into the way they take care of our customers every day. At Arvest, our commitment to the communities we serve and creating a positive, fulfilling work environment for our associates go hand in hand.”

More than 30,000 employees from 25 industries were consulted anonymously to compile the Forbes survey’s nationwide results. First, they were asked to rate their willingness to recommend their own employer to friends and family on a scale of 0 to 10, with 10 being the best possible score. Participants also were prompted to evaluate other employers within their industry that stood out either positively or negatively. Furthermore, employees were asked 35 questions about work-related topics, including working conditions, salary, potential for development and company image.

This is the third year Forbes has compiled its list of America’s Best Employers. Assessments for 2018 were conducted during a four-week period last year.

Tags: Arvest, Arvest Biz
 

Arvest Bank “Feed the Pack Day” Collects Record Donations

Monday, May 07 at 10:00 AM
Category: Arvest Community News

Arvest Bank’s one-day donation blitz to help reduce food insecurity in North Central Arkansas resulted in a record number of donations to the third annual campaign.  


Volunteers in Mountain Home, Yellville, Flippin and Gassville collected $20,275 from residents in those communities. Those donations will provide 101,375 meals to local children facing food insecurity. For eleven hours on April 27, dozens of volunteers took shifts collecting donations at intersections and in front of participating stores.

All of the donations benefit the Food Bank of North Central Arkansas’ backpack program, as well as backpack programs managed by other hunger relief organizations in the area. Through backpack programs, school children who face food insecurity are sent home with supplemental food on weekends and holidays, times when they don’t have access to school meal programs and when they likely would not receive enough to eat at home.

“The generosity of our friends and neighbors in these communities is always encouraging and humbling, and are incredibly grateful to everyone who contributed to Feed the Pack this year,” said Sally Gilbert, market president of Arvest Bank in Mountain Home. “This is how we make a difference in our community and, most importantly, for the several hundred children who will receive the food these donations will provide, instead of being hungry. We certainly could not have reached this record number of donations without our wonderful volunteers for them, we are very grateful.”

Area schools and businesses also held change drives, give back nights and other events to help collect donations to Feed the Pack in advance of the event. For every one-dollar donation, hunger relief organizations are able to provide five meals to those in need.

“One-third of children in our area face food insecurity, so there is a very large and widespread need,” said Jeff Quick, chief executive officer of the Food Bank of North Central Arkansas. “We see an increased need during the summer months so Feed the Pack will help all of the agencies in our area who provide a backpack program, support these children for months to come.”

Since creating Feed the Pack Day in 2016, Arvest Bank has now collected more than $57,250 in donations, which translates to a donation of more than 286,250 meals that were donated to local backpack programs.

Feed the Pack Day is one of several community events that are held in support of Arvest Bank’s 8th annual 1 Million Meals campaign that challenges bank associates, customers and community members to participate in fundraising efforts and nonperishable food drives to fight hunger in the more than 120 communities the bank serves. The initiative is needed, as the United States Department of Agriculture reports more than 12 percent of American households surveyed in 2015 were food insecure.

The goal of the two-month, bank-wide effort is to collect enough food or monetary donations to provide at least one million meals to local, hungry families. Donations to Arvest’s 1 Million Meals campaign may be dropped off at any Arvest Bank location by June 2 or by calling (866) 952-9523. Arvest credit card customers can donate Arvest Flex Rewards™ points by visiting arvestflexrewards.com and clicking on the 1 Million Meals banner, and customers who use the Arvest Go mobile banking app may contribute through the app on their smartphone. 

 

Tags: 1 Million Meals

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