WACO Title Company and Pavaso Collaborate to Deliver e-notary Closing in Arkansas

Thursday, April 12 at 02:00 PM
Category: Arvest News

WACO Title Company (“WACO Title”) and Pavaso, Inc. (“Pavaso”) recently completed Arkansas’ first full e-notary closing since the Arkansas Legislature passed The Arkansas Electronic Notary Public Act in early 2017. WACO Title is an Arkansas-based title and settlement services company servicing Arkansas and Missouri. Pavaso is a provider of digital closing and collaboration solutions for the mortgage and real estate lifecycle.

The closing took place in the new WACO Title Headquarters in Springdale, Ark., and the real estate transfer document was electronically signed, notarized, and filed in the public records of Washington County.

“The idea of moving the closing process to a more electronic experience for consumers has been in the works for over a decade,” said Patrick Curry, president & CEO, WACO Title. “Waco Title and Pavaso have been among the leaders in this movement, which empowers the consumer and transforms the closing experience into one built upon transparency and efficiency. We look forward to continuing to utilize e-closing and e-notary technologies to benefit our customers and improve efficiencies.”

Curry also said Waco Title has 30 associates certified by the Arkansas Secretary of State with e-Notary commissions.

The e-closing process gained speed in Arkansas recently as the Arkansas Secretary of State began the process of commissioning e-notaries. In early 2017, the Arkansas General Assembly passed the Arkansas Electronic Notary Public Act, defining many standards necessary to protect the legitimacy of e-signed and e-notarized documents in the state.

“We are proud to help lead the way in making the e-Notary and e-Closing processes mainstream, and WACO Title is a proven ground breaker in these fields as well,” said Mark McElroy, CEO of Pavaso. “We are collaborating with government and the private sector in numerous states to make the process the norm, rather than the exception. The result is one of compliance, efficiency and accuracy – but most of all, it’s simply a smoother process for the consumer.”

McElroy further noted that Pavaso is approved in multiple states, including Arkansas, as an e-notary solution provider.

About WACO Title

WACO Title Company has been serving the abstract, title insurance and closing needs of this region since 1885 and employs over 190 highly skilled professionals, including five in-house attorneys, in 21 locations throughout Arkansas and Missouri. WACO Title and its employees are covered by a fidelity bond as well as errors and omissions insurance and maintains in-house title plants in each of the markets they serve. WACO Title’s growth and capabilities will continue to afford the people of Missouri and Arkansas a better, more efficient experience with the title and closing process. To learn more about WACO Title, please visit www.WACOtitle.com.

About Pavaso

Texas-based Pavaso is transforming the mortgage process with radically innovative digital mortgage closing technology facilitating fast, consistent, accurate and compliant closings every time. Pavaso offers a single, collaborative, secure portal promoting transparency, efficiency, consumer education and communication in a seamless format delivering value to evey stakeholder involved in the transaction. For more information on how you can streamline your process and digitally transform your organization, call us at 866.288.7051 or visit www.pavaso.com.

Tags: Arvest, WACO
 

Online Love Can Have Financial Risks

Thursday, April 12 at 02:00 PM
Category: Personal Finance

Arvest Bank is warning consumers about scams related to online dating

Millions of Americans use dating sites, social networking sites, and chat rooms to meet people. Many form successful relationships, but romance scammers also use these sites to meet potential victims. They create fake profiles to build online relationships, and eventually convince people to send money in the name of love.

According to the Federal Trade Commission, thousands of reports are made each year about scammers who create fake online relationships only to steal their victims’ money.

Unfortunately, an online love interest who asks for money is almost certainly a scam artist. Caution should be used when a newly formed relationship partner begins to ask for money.

The FTC has created a new infographic, developed with the American Bankers Association Foundation, which lists common signs of online dating scams and what to do if someone you meet online asks you for money. Victims may be embarrassed to talk about their experiences, but consumers can help one another by sharing this information. A simple phone call, email or text, saying “Look what I just found” and sharing this information may make a difference in someone else’s life.

How to Report Fraud Related to Your Arvest Accounts

  • To report Identity Theft, financial fraud or an unauthorized transaction in your account, please contact Customer Service immediately at (866) 952-9523.
  • To report a lost or stolen credit, debit or ATM card, please contact Customer Service immediately at (866) 952-9523 or by using our Contact Us page.
  • To report a suspicious email, phone call or text message, please forward the suspicious email to, or send a message to: reportfraud@arvest.com.

Below are specific tips from the FTC to identify a scammer in an online dating environment:

 

 

Tags: Financial Education, Fraud Alert
 

Small Business Breakthrough: Sessions Scheduled for May

Thursday, April 12 at 02:00 PM
Category: Arvest News

Small Business Breakthrough: Start in Bentonville

May 1, 8:30-11:00am

Exchange Bentonville
409 SW A Street
Bentonville, Arkansas 72712 

Start in Bentonville is a two hour session aimed at helping potential entrepreneurs turn their side hustle into their main hustle. Come at 8:30am for networking, coffee and light breakfast items provided by The Buttered Biscuit. At 9:00am, we'll kick things off with Start-up Junkie's Ellen Brune who will talk about product market fit and market research. Then we'll roll into how to build your lean canvass with Jeff Amerine, also from Startup Junkie. Have an idea for a product or service that solves a problem? Come to this session and learn how to get your idea off the ground!


Register here:  https://bit.ly/2GAkooS

 

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Small Business Breakthrough: Reaching Beyond in Bentonville

May 2, 1:30-4pm

 

World Trade Center Arkansas
3300 S. Market St. 4th Floor
Rogers, Arkansas 72758

You’ve mastered your local market and you’re a small business rockstar here in Bentonville- but what's next?  Join us for this informative session and hear from experts on how to go beyond and capture international markets, get your product in with a large organization or even selling to the government. 

Register here: https://bit.ly/2ulKvuN

 

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Small Business Breakthrough: Grow in Bentonville

May 3, 9:30-noon

Walmart Auditorium
Bentonville Public Library
405 S. Main St. 
Bentonville, Arkansas 72712

Grow in Bentonville, presented by Arvest, is a two hour session that will help small business owners understand tax planning, financial management systems, and cash flow management. Come at 9:30am for networking, coffee and light breakfast items provided by Snack Lab. At 10:00am, we'll begin with Judy Coker, an Enrolled Agent in Northwest Arkansas. Judy is an income tax professional, licensed by the US Department of Treasury, to represent taxpayers before all levels of the Internal Revenue Service. Judy is an educator, a planner, and an advocate. She believes that even though she can't change a small business client's tax history, she can change their tax future. At 11:00am, Carolyn Kennedy, Director of Treasury Management for Arvest will discuss cash flow management and the affects it can have on your business. 

Register here: https://bit.ly/2DWnpu5

 

    

Tags: Arvest Benton County, Bentonville, Financial Education
 

Harrison Elementary Schools Hold Change Drives to Reduce Hunger

Thursday, April 12 at 07:00 AM
Category: Arvest Community News

Three Harrison, Ark. elementary schools will hold change drives to raise money for the school district’s backpack program. Skyline Elementary will hold a change drive April 9-13; Woodland Heights and Eagle Heights will hold change drives April 16-20. 

Backpack programs provide snacks for students on weekends and holidays, times when they don’t have access to school meal programs and when they may face food insecurity at home. 

The change drives are one of many grassroots efforts in North Central Arkansas that are taking place in support of Arvest Bank’s 8th Annual 1 Million Meals campaign. The campaign challenges Arvest associates, customers and the general public to contribute nonperishable food items or monetary donations at any Arvest Bank location to help reduce food insecurity in local communities. 

In 2017, the 1 Million Meals campaign provided 1.8 million meals to local food partners across the four-state area Arvest serves. Since the campaign began in 2011, Arvest has donated more than 11.4 million meals. 

To learn more about 1 Million Meals or for information on additional ways to donate, visit arvest.com/millionmeals

Tags: 1 Million Meals, Arkansas, Harrison
 

Arvest Bank Sets Date for “Feed the Pack,” Calls for Volunteers

Wednesday, April 11 at 02:00 PM
Category: Arvest Community News

Arvest Bank will hold a one-day donation drive called “Feed the Pack Day” in multiple cities across Baxter and Marion Counties to help reduce food insecurity in North Central Arkansas. Donations to Feed the Pack will support area backpack food programs that provide food for school children on weekends and holidays, times when they may not have access to enough food.  

Arvest Bank is asking for individuals or groups of volunteers who can assist with the collection drive at various locations.  

On Friday, April 27, community volunteers will be stationed at the corner of Hwy. 62 and Cardinal Dr. in Mountain Home from 8 a.m. to 6 p.m. Volunteers will also be located outside Harps in Mountain Home and Yellville, Walmart in Mountain Home and Flippin, Town and Country in Mountain Home, Shoe Sensation in Mountain Home, and SunFest in Gassville from 9 a.m. to 6 p.m. All donations directly support the Food Bank of North Central Arkansas’ Backpack Program, as well as other organizations in Baxter and Marion counties that operate a backpack program.  

“The backpack programs in this area serve a widespread need and they are often the difference for hundreds of children between having food and going without a meal,” said Jeff Quick, president and CEO of the Food Bank of North Central Arkansas. “We see an increased need for food during the summer months, when children don’t have access to school meal programs. The financial support we receive now helps us stock our shelves later in the year, when donations begin to get sparse.” Quick said more than 600 children in Baxter County alone are served by backpack programs.  

Arvest Bank created Feed the Pack Day in 2016 and has collected $35,000 during the past two fundraising drives, equating to 175,000 meals for local children who are supported by backpack programs. In addition, 4,000 nonperishable food items have been collected during Feed the Pack.  

“Our success for these children depends upon two things – the number of volunteers we have to accept donations, and the generosity of the wonderful people in these communities,” said

Tiffany Watkins, assistant vice president and marketing director for Arvest Bank in North Central Arkansas. “A donation of only one dollar provides five meals, so we have the potential to help ensure these children don’t go hungry for the remainder of this year.” 

Individual volunteers, groups or businesses who are interested in volunteering for Feed the Pack Day may sign up online here, or they may contact Tiffany Watkins with Arvest Bank at twatkins@arvest.com.  

Radio station KTLO 97.9 FM will broadcast live updates on the amount of money raised throughout the day, with the announcement of the grand total planned for 7 p.m. The Baxter Bulletin will post updates on its web site as well.  

Feed the Pack Day is a community event that is held in support of Arvest Bank’s 8th annual 1 Million Meals campaign that challenges bank associates, customers and community members to participate in fundraising efforts and nonperishable food drives to fight hunger in the more than 120 communities the bank serves. The initiative is needed, as the United States Department of Agriculture reports more than 12 percent of American households surveyed in 2015 were food insecure.  

The goal of the two-month, bank-wide effort is to collect enough food or monetary donations to provide at least one million meals to local, hungry families. Donations to Arvest’s 1 Million Meals campaign may be dropped off at any Arvest Bank location by June 2 or by calling (866) 952-9523. Arvest credit card customers can donate Arvest Flex Rewards™ points by visiting arvestflexrewards.com and clicking on the 1 Million Meals banner, and customers who use the Arvest Go mobile banking app may contribute through the app as well.

 

About Arvest Bank

Arvest Bank, named by Forbes magazine as one of “America’s Best Large Employers” for 2017, operates more than 250 bank branches in Arkansas, Oklahoma, Missouri and Kansas through a group of 15 locally managed banks, each with its own board and management team. These banks serve customers in more than 120 communities, with extended weekday banking hours at many locations. Arvest also provides a wide range of banking services including loans, deposits, treasury management, credit cards, mortgage loans and mortgage servicing. Arvest is an Equal Housing Lender and Member FDIC.

Tags: Mountain Home, North Central Arkansas

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