Float and Bake Sales Support United Way in Southwest Oklahoma

Thursday, July 31 at 07:05 AM
Category: Arvest Community News

Arvest in Southwest Oklahoma is proud to support the United Way of Southwest Oklahoma. We invite you to join with us by dropping in during our root beer float sale and bake sale in select Arvest branches in Duncan, Elgin, Lawton and Walters.

The root beer float sale is Aug. 1. Root beer floats, which includes a stadium cup, will be sold for $3.  Available at the following locations:

  • 4330 N.W. Cache Rd., Lawton
  • 5201 S.W. Lee Blvd., Lawton
  • 2902 E. Gore Blvd., Lawton
  • 2622 W. Gore Blvd., Lawton
  • 729 W. Main St., Duncan
  • 2203 N. Hwy. 81, Duncan
  • 7438 US Hwy. 277, Elgin
  • 924 W. Missouri, Walters

The bake sale is Aug. 15 at the following locations:

  • 5201 S.W. Lee Blvd., Lawton
  • 2902 E. Gore Blvd., Lawton

Together we can support the United Way of Southwest Oklahoma* and help build our local community.

Links marked with * go to a third-party site not operated or endorsed by Arvest Bank, an FDIC-insured institution.

Tags: Charitable Giving, Community Support, Duncan, Lawton, Oklahoma

Low Rate Environment Allows Farmers to Mitigate Future Risks

Wednesday, July 30 at 10:15 AM
Category: Arvest News

Arvest now offers long-term, fixed-rate financing through  Federal Agriculture Mortgage Corporation.

FAYETTEVILLE, Ark. — Arvest Bank, ranked #26 in the American Bankers Association Top 100 Farm Lenders in the U.S. for 1Q 2014, announced today the bank is expanding its agriculture loan products through the Federal Agriculture Mortgage Corporation, commonly known as Farmer Mac. These products are some of the best tools a farmer/rancher has in order to mitigate risks that have plagued the industry for the past few decades.

The interest savings available through the Farmer Mac program allows farmers/ranchers to have more control over their financial futures.  Locking in low, long-term rates can free up funds that can be used to counteract other business risks such as decrease in crop prices, drought expenses, decrease in demand and other unpredictable situations those in the agricultural industry face on a year-to-year basis. 

While today the average US farmer or rancher is in good financial shape, many in the industry see potential pitfalls that could cause problems similar to what the industry experienced in the 1980s. Land prices are increasing while grain and cattle prices are becoming volatile; all are affected by global factors including the Chinese economy, trade agreements between Japan and Australia and exchange rates along with weather, inflation and domestic demand.

We’re currently in a situation similar to the farming boom of the 1970s – which was followed by the farming crisis of the 1980s. The best way a farmer/rancher can reduce their financial risk is to take advantage of the current low interest rates and lock them in for a longer period of time. The Farmer Mac program allows them to do so.  We are thrilled to make this program available in the regions Arvest operates because we have so many customers who make their living in the agricultural industry.

Arvest Bank has consistently ranked in the ABA’s Top Farm Lenders by Dollar Volume. In the first quarter of 2014, Arvest showed $503,679,000 in total balance of outstanding farm loans.

While Farm Credit and the United States Department of Agriculture’s Farm Service Agency can only offer loans, Arvest provides complete banking services to its agri-lending clients. From equipment financing to real estate loans and checking accounts with loan sweeps to pay down debt, Arvest can provide customers with total banking services, all with convenient locations and hours and a deep level of agricultural lending expertise.  

Tags: Arvest Biz, Business Banking, Lending and Financing, Press Release

Helping Students Prepare for College Life

Tuesday, July 29 at 11:35 AM
Category: Arvest News

The time has finally come — the day when your child will leave home for college. It's the culmination of all your years of sacrifice, hard work and preparation. While it's exciting to think about this new phase in your child's life, it's not uncommon to become emotional and worried about the prospect of your child living without you. Here are some easy ways to prepare your child (and you) for the big moment:

  • Teach your children how to do laundry. Having your college student come home for visits with a full laundry bag is pretty much a parental right, but your children will still need to be able to do their laundry when they are away from home. You can give them a head start by teaching them how to do laundry before they leave.
  • Have them open a bank account at school. To successfully live on their own, your children will need to understand how to manage money. Have them open a bank account with a debit card. Be sure to teach them about overdrafts, bank fees, and the importance of paying their bills on time. You may even want to help them apply for a low limit credit card, which will allow them to learn to use credit responsibly and start building their credit history for the future.
  • Get (them) cooking. Even if your child is on a meal plan, there may be times when they don't have time to get to the cafeteria. Teaching them how to cook for themselves will ensure they don't miss meals or spend money on fast food.
  • Go shopping for dorm room needs together. Make a list of all the things your child will need for school and go shopping with them. For a list of college must-haves, visit collegepackinglist.com.*
  • Make a plan to communicate regularly. Whether your child prefers to talk on the phone or to text, make sure you establish a plan for staying in touch that works for them. Let your child establish the frequency and timing of your discussions. Remind your child that you will be there if you need them.

Once you've done this, make sure you take an important step — congratulate yourself. While it's never easy let go, you've achieved a major step in being a successful parent. Enjoy the peace and quiet and the reduced laundry (at least until you child comes home to visit).

Links marked with * go to a third-party site not operated or endorsed by Arvest Bank, an FDIC-insured institution.


Arvest Promotes Faddis As Consumer Lender in Tontitown, Ark.

Monday, July 28 at 05:15 AM
Category: Arvest Community News

Since 2009 we've enjoyed the privilege of having Stefanie Faddis work at Arvest. We're excited for her recent promotion to Consumer Lender so she can continue her excellent service to customers.

SPRINGDALE, Ark. — Arvest Bank is pleased to announce that Stefanie Faddis has joined the Tontitown branch as a Consumer Lender.

Faddis started her career with Arvest Bank in 2009 as an Agricultural Loan Assistant in Siloam Springs. She transferred to Arvest Bank in Tahlequah as a Commercial Loan Assistant in 2012.

“Stefanie has the great customer service background that Arvest Bank instills in all its team members,” said Christy Queary, Consumer Loan Manager for Arvest Bank in Springdale. “She also understands lending and how the bank can help customers achieve the best deal for them and what they want to accomplish.”

A native of Westville, Okla., Faddis graduated from Westville High School in 2003. She graduated from Tahlequah Beauty Technical College with a license in cosmetology in 2008. 

She and her husband, Hank Faddis, share their home with daughter, Aubrey Dickinson, and sons Bandy Faddis and Colton Faddis.

Tags: Arkansas

Together We Can Help Get Little Rock, Ark. Children Ready for School

Friday, July 25 at 06:10 AM
Category: Arvest Community News

Arvest Bank is pleased to support Our House -- a Little Rock, Ark., organization which provides working homeless families with housing, job training, education and children’s programs.

Dressing for Success
Arvest Bank has partnered with Our House* to host a School Uniform Drive. New and gently used uniforms can be donated at Little Rock Arvest branches until July 31. Learn what types and color uniforms our students in the Little Rock School District need.*

Collecting School Supplies
In addition to providing school uniforms, Our House also provides a backpack full of school supplies. Help set a student up for a great school year by donating school supplies and back packs. School supplies needed include: backpacks, boxes of tissue, glue sticks, markers, scissors, lined paper, notebooks, folders, pencils, erasers, pens, calculators, compasses, protractors and more.* Supplies can be brought to the Our House Children's Center.

Interested in volunteering to fill back packs with supplies? Contact the Children's Programs VISTA by emailing kids@ourhouseshelter.org.*

Links marked with * go to a third-party site not operated or endorsed by Arvest Bank, an FDIC-insured institution.

Tags: Arkansas, Community Support, Little Rock

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