By Bear State Bank

Bear State News

The Equifax Security Breach – What You Should Know

As you may be aware, Equifax recently announced a large data breach of their systems that is expected to impact over 143 million consumers. While this is not a breach associated with Bear State Bank, we strive to protect our customers through information and education. Bear State Bank places the highest priority in the security of your accounts and information.

Michel Shay, 2017 Gold Buckle Gala Honoree

If you want a meeting with one of the more successful business owners in the Springfield area, don’t go looking in a high-rise building with glassed-lined corner offices with city views. Instead, you will have better luck by knocking on the door of a modest, metal office building with nothing more than an address on the front door. There you will find Michel Shay, whose business portfolio includes more than a dozen restaurants, a convenience store, two wildlife ranches and a farm.

Bear State + Arvest

Change is in the Bear. As you’ve probably heard, our big change at Bear State is that we’re merging with Arvest Bank pending regulatory approval. What does this mean for you? This first Q&A should answer some of your more pressing questions.  We’ll be the first to admit that we don’t have all the answers today. We don’t even know all the questions yet. But not to worry, as we’ll be here with you through the transition and beyond. After all, Bears are fiercely loyal and adaptable!

An Announcement to Roar About

The Bear has some news to share, ok, roar about! An agreement has been signed where Arvest will acquire Bear State and come together as one customer-focused bank. Embracing change is a key part of who we are at Bear State and we couldn’t be more proud to join the Arvest family.

Bear State Bank Partners with Startup to Lower Money Transfer Costs

Anyone who has wired money from one country to another knows the high costs associated with fees and less-than-favorable exchange rates. And it’s a slow process, often taking up to four days to make the transfer. Bear State Bank has partnered with LumoXchange of Little Rock, a company that plans to significantly reduce these costs while speeding up the process.

Matt Brasel Promoted to Area President

In March, Matt Brasel was promoted to Area President, a newly created position that was part of the bank’s organizational restructuring.  Brasel oversees banking operations for 18 communities in the… Read more »

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