Mr. Speaker, I rise today to honor the 100th Anniversary of Arkansas County Bank. The bank is a fourth generation family owned business that serves Arkansas County and the Grand Prairie as a national and state charted institution.
Arkansas County Bank began with humble origins. At the end of their first year of business in 1912, the bank had just over $64,000 in total deposits. By 1919, Arkansas County Bank had its first million dollars in deposits and has seen steady growth ever since.
By 1985, Arkansas County Bank had expanded into Sevier County, after purchasing the Bank of Lockesburg. Today they also have a branch that serves the Stuttgart community.
Giving back is important to Arkansas County Bank. Bank employees regularly volunteer over 1,000 hours annually to charities and service organizations throughout the Grand Prairie.
As Arkansas County Bank celebrates 100 years of business, they are building on the past by looking to the future. With a record of service, Arkansas County Bank is dedicated to beginning a second century of community investment.
Congratulations again to the leadership and employees of Arkansas County Bank on 100 years of business.