Arvest Bank Promotes Eberle in Norman

Tuesday, October 23 at 09:00 AM
Category: Arvest Community News

Arvest Bank is pleased to announce Sierra Eberle has been promoted to the position of Arvest Private Banking advisor.

Eberle, who also holds the title of assistant vice president, previously served as a branch sales manager. In her new role, Eberle is dedicated to working with clients to form effective and efficient financial strategies focused on their specific goals in all areas of wealth management. 

Eberle earned a dual bachelor’s degree in biology and chemistry at Southwestern College in Winfield, Kan. She was named a member of the NextGen Under 30 program in 2017, and also has been honored by The Norman Transcript as a NEXT Under 40 young professional.

Among other civic endeavors, Eberle currently serves as a NormanNEXT board member and community activism co-chair, and is a member of Executive Women International. She lives in Norman with her husband, Jess. 

Tags: Arvest, Oklahoma

Arvest Bank Reaches Property Agreement with Harrison Convention & Visitors Bureau

Monday, October 22 at 08:00 AM
Category: Arvest Community News

Arvest Bank is pleased to announce it has reached an agreement to sell one of its existing facilities to the Harrison Convention & Visitors Bureau at a reduced price as an in-kind gift.

The Harrison Convention & Visitors Bureau currently leases space at 200 W. Stephenson Ave., a building previously owned by Bear State Financial, Inc. Arvest took over ownership of the building via its acquisition of Bear State.

As a result, Arvest has decided to sell the building to the Harrison Convention & Visitors Bureau at a greatly reduced price of $20,000.

“The Harrison Convention & Visitors Bureau is an important organization in our community and provides many benefits for those of us who call this area home,” said Scott Tennyson, market president for Arvest in Harrison. “We are glad to reach this agreement that will not only allow the bureau to stay in the place it has called home for several years, but also to own a larger space that it can leverage for numerous uses in the future.

“This gift also reflects our shared commitment to the growth and vitality of our downtown area.”

As a sign of appreciation, the Harrison Convention & Visitors Bureau will name the building’s existing board room the Arvest Bank Conference Room.

“We appreciate the generosity Arvest Bank has shown in helping us reach this agreement,” Harrison Convention & Visitors Bureau executive director Matt Bell said. “We look forward to continuing to fill our role in the Harrison community, and this expanded workspace will help us do that. This agreement also is one that will provide long-term financial benefits to the bureau.”

About Arvest

Arvest Bank, named by Forbes magazine as one of “America’s Best Large Employers” for 2018, operates more than 270 bank branches in Arkansas, Oklahoma, Missouri and Kansas through a group of 14 locally managed banks, each with its own board and management team. These banks serve customers in more than 135 communities, with extended weekday banking hours at many locations. Arvest also provides a wide range of banking services including loans, deposits, treasury management, credit cards, mortgage loans and mortgage servicing. Arvest is an Equal Housing Lender and Member FDIC.

About Arvest Wealth Management

Arvest Wealth Management offers wealth management, trust services and insurance products. Investments and Insurance Products: Not FDIC Insured, May Lose Value and Not Guaranteed by the Bank. Trust services provided by Arvest Bank.

Tags: Arkansas, Harrison

Illinois River Watershed Partnership Receives $8,600 Donation

Monday, October 22 at 08:00 AM
Category: Arvest Community News

The programs led by the Illinois River Watershed Partnership (IRWP) got a boost in its education and outreach efforts thanks to a $8,600 donation from the Arvest Foundation.

The gift was announced recently at the Illinois River Watershed Partnership in Cave Springs. Kurt Price, Lindsey Taylor and Ashley Allen of Arvest Bank were on hand to present the check to Nicole Hardiman, executive director of IRWP.

IRWP works to improve the integrity of the Illinois River through public education and community outreach, water quality monitoring, and the implementation of conservation and restoration practices throughout the watershed.

“IRWP is honored to receive support from the team at Arvest Bank,” Hardiman said. “Arvest’s contribution enables us to provide Northwest Arkansas schools with free field trips to IRWP’s Learning Center in Cave Springs. Serving around 2,000 students per year, our staff provides opportunities for students to learn about water quality, healthy ecosystems, and what they can do to conserve natural resources through interactive games and activities. Sponsors like Arvest make IRWP’s K-12 programming possible and we are so very thankful.”

“We are pleased to present this donation on behalf of the Arvest Foundation to support the Illinois River Watershed and its efforts to host upcoming school and community events,” said Price, Arvest’s Private Banking manager in Siloam Springs. “This donation is just one of many we have made throughout the area. It demonstrates the foundation’s ongoing commitment to supporting all of the communities we serve." 

Tags: Arkansas

Habitat for Humanity Washington County Receives $15,000 Donation

Friday, October 19 at 01:00 PM
Category: Arvest Community News

Habitat for Humanity Washington County will be able to purchase electrical and plumbing materials, as well as associated labor costs for construction of a single mom’s new home in Springdale thanks to a $15,000 donation from the Arvest Foundation.

The gift was announced recently at the building site in Springdale. Kent Williamson, Julie Shook, Chris Thornton and Clay Reed of Arvest Bank were on hand to present the check to Brandon Swoboda, executive director of Habitat for Humanity Washington County.

“On behalf of the staff and families of Habitat for Humanity Washington County, I want to thank the Arvest Foundation for their generous donation,” Swoboda said. “This charitable gift has helped a family achieve strength, stability and self-reliance through homeownership. The mission of Habitat is to bring people together to build homes, community and hope. The Arvest Foundation's willingness to contribute to the building of this Springdale home helps Habitat continue the fight for affordable, sustainable low-income homeownership.”

“Working at Arvest allows me to see the benefits new home ownership brings to families every day,” said Reed, a commercial lender. “I’m also a longtime volunteer and current board member for Habitat, and am thankful to be a part of the opportunities it provides to so many in our communities.

“This donation is just one of many we have made throughout the area, and it demonstrates the foundation’s ongoing commitment to those who live, work and play throughout our footprint.”

Tags: Arkansas, Arvest, Springdale

Community Banks Combine Digital Experience and Personal Touch in Mortgage Application Process

Friday, October 19 at 08:00 AM
Category: Arvest News

It’s no secret a majority of prospective homebuyers use the internet to search for a home. What may surprise some, however, is how many mortgage customers now submit their application digitally.

According to a 2017 J.D. Power study, both purchase and refinance customers cite online/website as the most frequent method of submitting a mortgage application. The 43 percent who did so in 2017 represented a jump from just 28 percent in 2016.

Those numbers – representing consumer preferences for how they want to do business – are part of the reason community banks have begun empowering their customers with online and mobile mortgage application tools. These tools allow consumers to have more control of how, when and where they apply for a mortgage.

At Arvest Bank, for example, a recently updated online mortgage platform and a newly launched mobile app give mortgage customers the ability to act quickly in a real estate market marked by low inventory and heightened competition among buyers.

“Today’s consumer prefers a streamlined process, so we’re delivering those efficiencies in the area of mortgage loan applications,” said Steven Plaisance, president and CEO of Arvest’s mortgage division. “Through the Arvest Home4Me mobile app, loan applicants can submit the necessary documents for prequalification in the first few screens of the app. The app populates the data into the system for a loan officer to review, then we contact the applicant and complete the request.”

Similarly, Arvest utilizes an online mortgage platform developed by Ellie Mae that allows borrowers to research rates and types of loans, and to submit an application electronically.

“Leveraging technology is no longer an option for local banks,” Plaisance said. “It’s a must.”

Despite the mortgage customers’ increased preference for a digital experience, though, community banks still offer the kind of personalized service customers crave. That sentiment is reflected in the J.D. Power study, as it indicated satisfaction among customers applying online/via website declined by 18 points year-over-year.

“It’s important that these self-serve conveniences are available for those who want that option,” Plaisance said. “At the same time, though, some customers may still want to tap into the expertise our local mortgage experts can offer. What we’ve really tried to do is create a hybrid approach that allows the consumer to choose what works best for their unique situation.”

Tags: App, Arvest, Home4Me

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