Arvest Bank

Arvest Bank
Company typePublic
IndustryFinancial services
FoundedJanuary 1, 1871; 153 years ago (1871-01-01)
HeadquartersBentonville, Arkansas
Key people
Increase $0.188 billion (2018)
Total assetsIncrease $18.445 billion (2018)
Total equityIncrease $2.095 billion (2018)
OwnerWalton family
Number of employees
6,324 (2018)
Websitewww.arvest.com
Footnotes / references
[1][2]

Arvest Bank is a bank headquartered in Bentonville, Arkansas, with branches in Arkansas, Kansas, Oklahoma and Missouri. It is the oldest bank in Arkansas and is on the list of largest banks in the United States. It is almost entirely owned by the Walton family.[3] Jim Walton serves as the chairman.[4] The name "Arvest" is a portmanteau of "Arkansas" and "Investment".

In addition to banking, Arvest provides financial services including loans, deposits, treasury management, asset management, wealth management, life insurance, credit cards, title insurance, mortgage loans and mortgage servicing.

  1. ^ "Arvest Bank (FDIC # 8728)". Federal Deposit Insurance Corporation.
  2. ^ "Best Places to Work 2018: Arvest Bank". American City Business Journals. October 12, 2018.
  3. ^ "Arvest Bank is an Arkansas Bank Majority-owned by the family of Walmart Inc Founder Sam Walton". Reuters. April 2, 2018. Archived from the original on May 4, 2019.
  4. ^ "Jim Walton & family". Forbes. Retrieved 2023-10-09.