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10/4/2017 |
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Arvest has the largest deposit market share in the state |
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By Kim Souza
TBP
Fayetteville-based Arvest Bank retained the largest market share of deposits in Arkansas with $8.452 billion as of June 30, according to the Federal Deposit Insurance Corp. annual report released Tuesday.
Arvest grew deposits 10.13% from the June 2016 and expanded its market share to 13.17% of the state's $64.197 billion total. A year ago, Arvest commanded 12.63% of the market. Outside Arkansas, Arvest had deposits of $6.532 billion, flat to a year ago. Arvest has 116 branches, one less than last year.
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