About Arvest Bank

Arvest Bank Group operates more than 240 locations in Arkansas, Kansas, Missouri, and Oklahoma. Through Arvest Bank, it provides traditional services such as checking and savings accounts, CDs, and credit cards. The bank's lending activities mainly consist of commercial real estate loans, residential mortgages, and business, construction, and consumer loans. The group maintains a decentralized structure of about 15 individually chartered banks; local managers and directors control lending decisions and deposit rates in many communities. Descendants of Wal-Mart founder Sam Walton (including bank CEO Jim Walton, a son of Sam and one of the richest men in America) control Arvest Bank Group.

In addition to Arvest Bank, the group also operates through Arvest Mortgage and Arvest Asset Management, which provides investments, retirement planning, trust services, online brokerage, and life and health insurance.

Arvest Bank Group has grown to be the biggest bank in Arkansas largely via acquisitions, but has recently set its sights beyond the state. The company expanded into Kansas when it bought Caney Valley Bancshares in 2007. It extended its reach in the Kansas City market in 2009 by buying three branches there from Harrington West Financial Group. Arvest later built on that acquisition when it acquired all of the deposits of the failed SolutionsBank, adding six more Kansas branches to its network.

Arvest Bank's revenues increased in 2010, but income was down slightly as expenses for salaries, employee benefits, premises, and equipment rose. The bank compensated by reducing the amount of deposits it carried on its books.

Reviews

Overall

4.1
Based on 114 reviews
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Great company to work for. Arvest cares about their employees
Mortgage Lender, Lawton, OK - July 20, 2015
Additional training was always available. When I was promoted from loan processor to Mortgage Lender training was immediate to make sure I had all the tools to do my job. Co-workers all seemed to get along. No drama. Arvest is like a family.

Salaries

Jobs in Lowell, AR

  • Teller

    Fayetteville, AR
    Cross-sell other services of the bank. Support and uphold the Arvest Mission Statement. Must be able to move from department, division, or bank to department,...
  • Teller

    Bentonville, AR
    Cross-sell other services of the bank. Support and uphold the Arvest Mission Statement. Must be able to move from department, division, or bank to department,...
  • Closing Processor

    Fayetteville, AR
    Support and uphold the Arvest Mission Statement. Must be able to move from department to department or bank to bank to attend meetings....
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Headquarters
125 W. Central
Ste. 218
Bentonville AR, United States 72712
Revenue
$500M to $1B (USD)
Employees
5,001 to 10,000
Industry
Links
Arvest Bank website