De Queen Fire Department Receives Donation from the Arvest Foundation

Friday, November 09 at 02:00 PM
Category: Arvest Community News

The local fire station in De Queen will be able to supplement their equipment with a $5,000 donation from the Arvest Foundation. 

The gift was announced today at the Arvest Bank open house in De Queen. J Bigham, Patti Boone, and Ted Sheets of Arvest Bank were on hand to present the check.

The Arvest Foundation donation will allow the City of De Queen Fire Department to purchase specialized equipment for the volunteer fire department. 

The De Queen Fire Department Chief, Dennis Pruitt, said, “My fellow firefighters and I are very appreciative of the donation. Patti and her team offered the money without the department’s request. The money will go towards purchasing pressure fans and equipment to detect heat in power lines by evaluating voltage levels.”

“We are pleased to present this donation to the De Queen Fire Department on behalf of the Arvest Foundation,” said Patti Boone, branch sales manager at Arvest Bank. “We appreciate all that the fire department does to keep the city safe and wanted to show our appreciation to them by donating the foundation funds.” 

Tags: Arkansas, Arvest, Arvest Foundation
 

City of Mena Receives Donation

Thursday, November 08 at 02:00 PM
Category: Arvest Community News

Children in the Mena community will have a safe place to practice basketball thanks to a $10,000 donation from the Arvest Foundation. 


The gift was announced at the Mena City Hall. Shawna Powell, Erica Sullivan, Theresa Young, Damon Miller, Chris Thrailkill and Mandy Rowe of Arvest Bank were on hand to present the check.

The funds will be used to rebuild the basketball courts at Janssen Park. This improvement will please many local community members, as Janssen Park is a frequently visited park in Mena. 

“We are grateful to the foundation for their generous contribution to the City of Mena.” said George McKee, mayor of the city of Mena. “These funds will be used to rebuild the basketball courts in Janssen Park. The park is a well-loved feature of the community and the improved basketball courts will certainly benefit citizens from the entire area. The City of Mena is very pleased to partner with Arvest Bank on this exciting new project.”

“We are pleased to present this donation on behalf of the Arvest Foundation to support the City of Mena.” said Young, branch sales manager. “This donation is just one of many we have made throughout our footprint. It demonstrates the foundation’s ongoing commitment to local communities in the region.”

Tags: Arkansas, Arvest, Arvest Foundation
 

Shootin Stars Sports Association Receives Arvest Foundation Donation

Wednesday, November 07 at 09:00 AM
Category: Arvest Community News

Disabled athletes in Fort Smith will be able to experience the world of wheelchair sports and have an opportunity to continue an active lifestyle thanks to a $3,500 donation from the Arvest Foundation.

The gift was announced at the Northridge Middle School Gym in Van Buren. Chris Barnes, Jeremy Nuckolls, Jeannette Pham, and Gabriel Saysombath of Arvest Bank were on hand to present the check.

The Arvest Foundation donation also will allow the Shootin Stars Sports Association to purchase a new wheelchair designed specifically for sports, and additional equipment to repair and maintain existing chairs. 

“We are very appreciative of the Arvest Foundation for the donation to Shootin Stars,” said Doug Moore, treasurer and coach of the Shootin Stars Sports Association. “There is a newly injured young man and we’ll use the donation to buy him a new chair to fit him and play the adaptive sports. Our goal is to introduce newly injured individuals to wheelchair sports, show that a disability doesn’t have to get you down, and that you can adapt and overcome.”

Chris Barnes, branch sales manager at Arvest Bank, said, “We are pleased to present this donation on behalf of the Arvest Foundation to support the Shootin Stars Sports Association’s efforts to provide greater opportunities to men and women with special needs.”

Tags: Arkansas, Arvest Foundation, Fort Smith
 

Arvest Mortgage Sets Purchase-Money Record

Thursday, November 01 at 02:00 PM
Category: Arvest News

Arvest Bank announced today its mortgage division has originated more than $1 billion in purchase-money mortgage loans in 2018, the third time it has done so in its history.

Arvest hit the $1 billion mark on Sept. 26, more than three months earlier than the previous two times it reached that milestone. Purchase-money loans are used to buy a home, as opposed to refinances and other types of loans.                       

“Home sales are driving the majority of our mortgage business this year, and reaching this $1 billion milestone has been even more remarkable given the rising interest rates and the housing inventory issues in some of our markets,” said Steven Plaisance, president and chief executive officer of Arvest’s mortgage division.

Arvest regularly originates more than $1 billion in mortgage loans – both purchase-money and refinances – having done so earlier in 2018 for the 16th consecutive year.

“Our team of mortgage professionals – from the start of your home loan process through servicing those loans long after you close it – are well-qualified to handle all the unique needs we see on a day-to-day basis,” Plaisance said. “Our mission statement of ‘People helping people find financial solutions for life’ is central to the mortgage services we offer and the team we build to execute those services.”

As of Sept. 26, Arvest had closed a total of 5,519 purchase-money loans with total loan value of $1,002,521,772. As of the same date in 2017, Arvest had closed 4,938 purchase-money loans with total loan value of $857,159,409. This year’s numbers represent an 11.7 percent increase in number of loans and a 16.9 percent increase in volume.

“We are privileged to work with so many Realtors®, brokers, builders and other housing professionals in all of our markets,” Plaisance said. “Being available to all of them and offering a variety of mortgage solutions for all of the communities we serve benefits everyone involved.”

Arvest is unique among most local lenders in that it services 99 percent of its mortgage loans, meaning that customers make their payments to Arvest and deal with Arvest for any needs after their loan closes.

Tags: Arkansas, Arvest, Kansas, Missouri, Mortgage, Oklahoma
 

NWACC Foundation Receives $15,000 Donation

Thursday, November 01 at 08:00 AM
Category: Arvest Community News

A $15,000 donation from the Arvest Foundation was presented to the NorthWest Arkansas Community College Foundation to name two meeting rooms located on the first floor in the NWACC Washington County Center in Springdale. These rooms will be used by faculty, staff, students, and the community.


The gift was announced recently at the construction site of the new NWACC Center in Springdale. Kent Williamson, Matt Harger and Jacob Barnes of Arvest Bank were on hand to present the check to Brenda Green, associate vice president, NWACC Washington County Programs, Evelyn Jorgenson, NWACC president, Mike Luttrell, NWACC Foundation board chair and Joe Spivey, NWACC board of trustee chair.

“NWACC is so appreciative of this support from the Arvest Foundation for our new facility in Washington County, and the difference it will make for so many students in the region,” Jorgenson said.

“Community support for this project is vitally important to its success, and we thank Arvest for its commitment to affordable and accessible education for all northwest Arkansas residents,” said Mike Luttrell, NWACC Foundation board chair.

“We are pleased to present this donation on behalf of the Arvest Foundation to help support the expansion of NWACC,” Williamson said “This donation is just one of many we have made throughout the area. It demonstrates the foundation’s ongoing commitment to support education in the region.”

Tags: Arkansas, Arvest, Springdale

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