Candace Franks to remain as Arkansas bank commissioner | Arkansas Blog

Thursday, December 4, 2014

Candace Franks to remain as Arkansas bank commissioner

Posted By on Thu, Dec 4, 2014 at 2:25 PM

click to enlarge CANDACE FRANKS: Staying as bank commissioner.
  • CANDACE FRANKS: Staying as bank commissioner.
The Asa Hutchinson transition team announced today that the incoming governor would keep Candace Franks as state bank commissioner. She's been with the State Bank Department for 35 years and commissioner since 2007. From his press office:

Governor-Elect Hutchinson issued the following statement:

“Candace has done an exceptional job throughout her 35 years of service with the Arkansas State Bank Department. From her start as Chief Counsel to the last eight years as Commissioner, Candace’s work and leadership has been exemplary. Her knowledge of the department and her breadth of experience have made her the ideal choice to lead the ASBD, and I am pleased to announce she has agreed to continue serving in her current role as commissioner in my administration.”

Bank Commissioner Candace Franks issued the following statement:

"I am sincerely honored that Governor-Elect Hutchinson has asked me to be his Bank Commissioner. I look forward to continuing the mission of the Arkansas State Bank Department, which includes the fostering of economic development by ensuring Arkansas state-chartered banks are soundly managed.

"Governor-Elect Hutchinson recognizes the value to our citizens that these institutions provide. Being a member of his administration will give me the opportunity to continue to serve our citizens and to advocate for right-sized bank regulation and supervision, which will enable our community banks to provide the kind of 'relationship banking' services that have made them so successful."

No word yet on the state Securities Commission, currently led by Heath Abshure. A chance is expected. Abshure has had some high-profile disagreements with powerful Stephens Inc., a power player in Republican politics.

Tags: , , , , ,

From the ArkTimes store

Favorite

Comments (3)

Showing 1-3 of 3

Add a comment

 
Subscribe to this thread:
Showing 1-3 of 3

Add a comment

More by Max Brantley

  • Bank of Ozarks announces new LR headquarters building

    Bank of the Ozarks announced today that would build a 247,000-square-foot corporate headquarters on a 44-acre site at The Ranch on Highway 10, a project reported in the works by Arkansas Business last year.
    • Sep 19, 2017
  • Rapert challenger faults his reference to her

    Sen. Jason Rapert, the Faulkner County Republican, spoke to an NAACP session in Conway yesterday and encountered a question from his announced Democratic opponent, Maureen Skinner.Her campaign took offense
    • Sep 19, 2017
  • Larry Crane announces retirement as clerk

    Pulaski County Clerk Larry Crane sent a message to staff saying he doesn't intend to seek re-election next year.
    • Sep 19, 2017
  • More »

Readers also liked…

  • In Little Rock, Marco Rubio sells American exceptionalism

    This is Rubio's axiomatic answer to Donald Trump's insistence that he and he alone will Make America Great Again: America is the greatest, always has been.
    • Feb 22, 2016
  • Trump immigration protest at LR: Quick and fierce

    It was not even 24 hours ago that Sophia Said, director of the Interfaith Center; City Director Kathy Webb and others decided to organize a protest today of Donald Trump's executive order that has left people from Muslim countries languishing in airports or unable to come to the US at all — people with visas, green cards,a  post-doc graduate student en route to Harvard, Google employees abroad, families. I got the message today before noon; others didn't find out until it was going on. But however folks found out, they turned out in huge numbers, more than thousand men, women and children, on the grounds of the state Capitol to listen to speakers from all faiths and many countries.
    • Jan 29, 2017
  • Charter school accountability: Non-existent in Arkansas

    A state audit finds charter school spending violated state law, but the state Education Department says it has no responsibility for ensuring proper management of charter schools. Say what?
    • Mar 5, 2016

Most Viewed

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation