A Spin on Spending - Renters Insurance

Friday, March 01 at 02:00 PM
Category: Arvest News

Renters insurance is designed to cover the cost of replacing your belongings in the event of a natural disaster, theft or an accident.
Before you sign on the dotted line shop around and be sure you’re choosing the right amount of insurance for your needs from a company you trust. Spend some time and take an inventory of your possessions, this will help you determine how much coverage you should get.
When you’re buying renters insurance, you will need to decide whether to get an actual cash value policy, which takes into account things like depreciation and gradual wear and tear of the property, or a replacement value policy. Actual cash value policies are often cheaper, but do not offer as much bang for your buck.

Choosing a higher deductible means you’ll be paying more upfront if you need to file a claim, but your monthly premiums will be lower. If you choose a lower deductible, you’ll pay more each month – but your out-of-pocket cost will be lower during an already potentially stressful time.

If you need to file a claim, bank statements are a great way of showing proof of purchase and ownership. Even if the statement doesn’t name the item exactly, it will show amounts, dates and the companies you purchased from, backing up your claim. You can view your monthly statements quickly when you have enrolled in eStatements through Online Banking within BlueIQ™ or the Arvest Go mobile app.


Tags: A Spin on Spending, Arvest

Mortgage Lender Finds New Home at Arvest Bank

Thursday, February 21 at 02:00 PM
Category: Arvest News

Arvest Bank is pleased to announce the addition of Tara Flackus, Associate Mortgage Loan Officer.

Tara will have a primary focus on serving communities in Gardner, Ottawa and those in-between. She is dedicated to providing a great customer experience by becoming the resource her clients need and trust.

Tara is no stranger to delivering quality work under pressure. Originally from New York, she joined the Air Force after high school and began a career in fixing medical equipment. Following a tour in Germany she returned to the states to become an instructor in the DoD military course teaching medical maintenance to Army, Navy and Air Force recruits.

In early 2018, Tara decided to end the healthcare chapter and focus on another adventure – motherhood and mortgage lending.

Tara and her husband stay busy managing work schedules and attempting to keep up with their three children – ages 10, 5 and 3 – and two dogs.

Thank you for your service and welcome to Arvest, Tara!

Tags: Associates, Kansas City, Mortgage

Kansas City Mortgage Lender Finds New Home at Arvest Bank

Tuesday, February 19 at 02:00 PM
Category: Arvest News

Arvest Bank is pleased to announce the addition of Bridget Oelklaus-Gering, Mortgage Loan Officer.

Bridget has dedicated over 35 years to the home-buying industry. She operates on the Arvest core values to strive for excellence and to communicate openly. Bridget takes pride in working hard for her customers and believes it is her duty to provide five-star customer service while being readily available to assist her clients. She finds unique value in her ability to educate her clients on various loan programs and the process of each.

Bridget is a William Jewell College graduate where she earned her Bachelors of Science in Business. She later earned her Masters of Science Management from Baker University. No stranger to education, Bridget dedicated her spare time to teaching business classes at Maple Woods Community College.

With her, Bridget is accompanied by long-time assistant Nicole Phelan. This dynamic duo has worked side-by-side for over 2 years.

Arvest Bank is excited to welcome both Bridget and Nicole to the team!

Tags: Associates, Kansas City, Mortgage

Arvest Takes Top Prize at ADFA Governor’s Conference

Thursday, February 07 at 02:00 PM
Category: Arvest News

The Arkansas Development Finance Authority hosted the Governor’s Conference on Homeownership Feb. 4-5 in Little Rock, and Arvest Bank’s mortgage division was recognized during the awards portion of the two-day event. Arkansas Gov. Asa Hutchinson, far left, and Arkansas Development Finance Authority (ADFA) president Cheryl Schluterman, far right, stand with Arvest Bank associates as they accept the 2018 ADFA Lender of the Year Award in Little Rock earlier this week.

Arvest, which also sponsored the conference, won the 2018 ADFA Lender of the Year Award. The award came as a result of Arvest originating the most loans with the ADFA, using its down payment assistance program. 

The ADFA’s stated mission is to promote economic growth in the state of Arkansas by providing and supporting financing for affordable housing, agricultural business enterprises, industrial and economic development, capital improvement for state agencies and local governments, higher education funding and related programs, and by promoting better economic policy. 

“Arvest Bank respects and appreciates the vital role the ADFA plays in our state,” said Jim Cargill, president and CEO for Arvest in central, southwest and northeast Arkansas. “It’s a group that works really hard to raise the standard of living in Arkansas, and we are proud to work with them when opportunities arise. We are thrilled to be recognized as the 2018 ADFA Lender of the Year, and hope for even bigger and better things in 2019 and beyond.” 

The conference included numerous breakout sessions, comments by Arkansas Governor Asa Hutchinson, and a keynote address by Lawrence Yun, chief economist and senior vice president of research at the National Association of REALTORS®.


PHOTO: Arkansas Gov. Asa Hutchinson, far left, and Arkansas Development Finance Authority (ADFA) president Cheryl Schluterman, far right, stand with Arvest Bank associates as they accept the 2018 ADFA Lender of the Year Award in Little Rock earlier this week.


Tags: Arkansas, Mortgage

Arvest Equipment Finance Sets Record for New Production

Tuesday, February 05 at 09:00 AM
Category: Arvest News

Arvest Equipment Finance (AEF) closed more than $161 million in new production in 2018, a record total for the division of Arvest Bank, it was announced today.

That represents a 52-percent increase in gross production year-over-year.

“I am proud of this team accomplishment and excited about our future growth,” AEF president Eric Bunnell said. “John Bradford, AEF sales manager, has done an excellent job leading the sales team in this record production. We continue to see strong support from the commercial lenders throughout the bank footprint and increase our presence in their markets.

“The vendor production also continues to grow as we expand our external sales team and work with more dealers to offer financing solutions for their customers.”

AEF also increased its total portfolio from $248.6 million to $310.1 million – a 24.7 percent jump – from 2017 to 2018.

Additionally, AEF announced a round of recent promotions for Matt Crawley, John Harders and Josh Smith. Crawley, a Certified Lease and Finance Professional (CLFP) was named division control manager after serving since 2011 as AEF’s asset manager. In his new role, he will oversee the compliance, controls and audits, among other responsibilities.

Harders, who has served as an AEF sales support specialist since 2009, was promoted to operations manager. Also a CLFP, Harders will manage AEF’s bank sales support specialists in his new role.

Smith was promoted from vendor sales support specialist to vendor program manager. As such, he will oversee AEF’s vendor operations while managing the vendor sales specialists and administrators. Smith has been with AEF since 2015 and also holds the CLFP designation.

“These three managers will help guide and lead our team to continued growth,” Bunnell said. “It is always satisfying when we can promote from within”

AEF is headquartered in Fort Smith, Ark., with locations in Little Rock, Kansas City and Tulsa, and does business throughout Arvest’s four-state footprint.

Tags: Arkansas, Arvest, Arvest Equipment Finance

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