News & Events Archive – June 2010



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Randy Dennis quoted in “Want to own a bank? It’s a buyer’s market”

Sunday, June 27, 2010

Arkansas Democrat | Sunday, June 27, 2010

LITTLE ROCK — In 1998, Regions Financial Corp. acquired First Commercial Corp. for $2.7 billion – more than four times First Commercial’s book value.

It was the highest price-to book value ever paid for an Arkansas bank and at the time one of the highest values paid for […]

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Debi Barnes quoted in “Reg E on Horizon for Retailers, Bankers”

Monday, June 14, 2010

Arkansas Business | Monday, June 14, 2010

The next big challenge in retail banking will be the forthcoming changes to consumer overdraft protection. Amendments to Regulation E imposed by the Board of Governors of the Federal Reserve System in late 2009 are set to go into effect for new banking customers on July 1 and […]

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Randy Dennis quoted in “Former Alabama National Bank Execs Plan Red Mountain Infusion”

Friday, June 11, 2010

Birmingham Business Journal | Friday, June 11, 2010

Former Alabama National Bancorp. executives John H. Holcomb III and Robert Aland are leading an investment group planning to pump a large amount of capital into Red Mountain Bank, according to sources familiar with the deal.

The 6-year-old Red Mountain, hit hard by […]

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Randy Dennis quoted in “Financial Bill Worries Banks in State”

Thursday, June 10, 2010

Arkansas Democrat | Thursday, June 10, 2010

LITTLE ROCK — Small banks in Arkansas are concerned that two bills in Congress that address problems that led to the near-collapse of the nation’s financial system in 2008 and 2009 would put them at a disadvantage.

Versions of the Restoring American Financial Stability Act have passed the […]

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