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Darrin Williams, an attorney and former Arkansas state representative, wasn’t interested when Southern Bancorp, Inc. approached him about a leadership position in 2013. Relyance is working to increase its mortgage lending but sometimes isn’t able to make loans for some customers. By Judith Sears. Name: Southern Bancorp.
In Arkansas, Jim S. offers a “humanly simple” leadership style of looking out for others. When Gowen first arrived at Merchants & Planters in 1983 to serve as its president and senior lending officer, the bank had two branches and $47 million in assets. Jim Gowen, Merchants & Planters Bank. Jim Gowen Sr. Newport, Ark.
The relevant states are Arizona, Arkansas, Colorado, Connecticut, Illinois, Indiana, Kentucky, Massachusetts, Minnesota, Montana, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, and South Dakota (“Subject States”). The loans in question were made by companies owned by Native American tribes.
Big announcements like JP Morgan Chase’s to hike the pay of 22,000 workers and build 400 new branches certainly had bankers inspired to show some level of investment and even civic leadership from the tax break. In addition to a historic tax cut, bankers were equally excited by the shifting winds and tone of the regulatory environment.
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