Arvest Bank is headquartered in FAYETTEVILLE and is the 3rd largest bank in the state of Arkansas. It is also the 81st largest bank in the nation. It was established in 1871 and as of June of 2024, it had grown to 6,204 employees at 226 locations. Arvest Bank's CD rates are 5X the national average, and it has a B+ health rating.
Arvest Atms Steal Your Money...
I Made a cash deposit to the ATM between 10:00 p.m. and 11:00 p.m. on April 14. The receipt showed the deposit of $100.00 with the updated balance of $255.xx. However, after 15 to 30 minutes, the deposit didn't show up online. I went back to the ATM and checked my balance, and it showed the old available balance of $155.xx. I filed a dispute and was just told that the provisional credit that was given will be taken back. When I spoke to the branch and filed a dispute after this happened on April 14, the Arvest branch staff at Dixieland and Walnut told me that the ATM had just gone through some software updates and they were still working out the glitches.
I'm in the process of switching banks due to Arvest's act of theft.
AVOID Arvest Bank AT ALL COSTS! THEY WILL STEAL YOUR MONEY!
AVOID ARVEST BANK AT ALL COSTS! THEY WILL STEAL YOUR MONEY!
Check Cashing Fees
I was written a check from a friend For money they owed me. Drove to the Arvest branch in Benton. Was told there’s a five dollar fee to cash the check written on that bank. I’m not doing five dollars less than what the check is written for. I’m do every single penny the check is written for. I encourage everyone to make sure your bank does not charge people fees to cash your checks. I complain to the manager. She was a total rude snotty b____!!! I will never do business with a bank that charges people to cash the checks I have written them. they should charge the account holder the fees if they’re going to charge fees. I bet that would change everybody’s tunes.
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 8728 |
| Year Established | 1871 |
| Employees | 6204 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.27% |
| Return on Equity - YTD | 3.84% |
| Annual Interest Income | $631.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $26.28B$27.26B |
| Loans | Q2 2024vs Q2 2023 | $17.41B$16.55B |
| Deposits | Q2 2024vs Q2 2023 | $22.98B$21.26B |
| Equity Capital | Q2 2024vs Q2 2023 | $1.92B$1.8B |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $182.2MM$175.3MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $122.9MM$86MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $9.2MM$3.7MM |
