Arvest Bank Group operates more than 240 locations in Arkansas, Kansas, Missouri, and Oklahoma. Through Arvest Bank, it provides traditional services such as checking and savings accounts, CDs, and credit cards. The bank’s lending activities mainly consist of commercial real estate loans, residential mortgages, and business, construction, and consumer loans. The group maintains a decentralized structure of about 15 individually chartered banks; local managers and directors control lending decisions and deposit rates in many communities. Descendants of Wal-Mart founder Sam Walton (including bank CEO Jim Walton, a son of Sam and one of the richest men in America) control Arvest Bank Group.
Arvest Bank
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1.56
Overall Excellence Rating
Industry
Financial ServicesCategory
Banking & LendingESG/Ethical Impact
Arvest Bank places a strong emphasis on environmental responsibility, actively implementing sustainability measures to reduce its carbon footprint and adopting eco-friendly banking practices. These efforts align with broader environmental goals, such as combating climate change and preserving natural resources, making the bank a responsible steward of the environment. The bank is dedicated to community investment, channeling resources into local initiatives, charities, and affordable housing programs. By actively engaging in community development projects, Arvest Bank contributes to the economic vitality of the regions it serves, fostering social well-being and cohesion. The bank maintains high ethical governance standards, prioritizing transparency, accountability, and fairness in its operations. These governance practices not only protect the interests of stakeholders but also bolster the bank’s reputation as a trustworthy and responsible financial institution.
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Awards Received
2023
Revenues
1400000000.00
Website Traffic
Employee Rating
4.00
Customer Rating
3.00
Company Size
5000-10000
ESG Risk Rating
3.00
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