First National Bank of Fort Smith: A Legacy of Stability and Growth in Arkansas

A Century of Banking Excellence

Established in 1872, First National Bank of Fort Smith Arkansas (FNB) is a community-centric financial institution that has witnessed and contributed to the economic prosperity of Fort Smith and the surrounding region. With a steadfast commitment to customer service and financial stability, FNB has stood as a pillar of trust for generations of Arkansans.

Rooted in the Community

FNB takes pride in its deep-rooted ties to the Fort Smith community. From providing financial support to local businesses to sponsoring community initiatives, the bank actively invests in the well-being of the city. This unwavering commitment has earned FNB a reputation as a responsible corporate citizen and a valued community partner.

Financial Strength and Stability

Over its 150-year history, FNB has maintained an impeccable record of financial strength and stability. The bank's conservative lending practices, prudent investment strategies, and unwavering commitment to sound banking principles have enabled it to weather economic storms and continue providing reliable banking services to its customers.

According to the Federal Deposit Insurance Corporation (FDIC), FNB has consistently maintained a well-capitalized position, exceeding regulatory standards. As of December 31, 2022, FNB's Tier 1 Capital ratio stood at 12.5%, significantly higher than the industry average of 10.5%.

Comprehensive Banking Solutions

FNB offers a comprehensive range of banking products and services tailored to meet the needs of individuals, businesses, and organizations. These include:

• Personal Banking: Checking and savings accounts, money market accounts, CDs, and personal loans
• Business Banking: Commercial checking and savings accounts, lines of credit, business loans, and treasury management services
• Wealth Management: Investment management, trust services, and financial planning
• Mortgage Lending: Home loans, construction loans, and refinancing options

Customer-Centric Approach

At the heart of FNB's success lies its unwavering commitment to customer satisfaction. The bank's experienced and knowledgeable staff provides personalized attention, offering tailored financial solutions that meet each customer's unique needs. FNB's commitment to customer service has been recognized by numerous industry awards and accolades.

Digital Banking Convenience

While preserving its traditional brick-and-mortar presence, FNB recognizes the importance of digital banking. The bank's user-friendly online and mobile banking platforms provide customers with convenient and secure access to their accounts, allowing them to manage their finances on the go.

Community Involvement

FNB actively participates in a wide range of community initiatives, including:

• Education: Scholarships, financial literacy programs, and support for local schools
• Economic Development: Investment in local businesses, job creation, and economic growth
• Arts and Culture: Sponsorship of arts organizations, events, and cultural initiatives
• Health and Human Services: Support for healthcare providers, non-profit organizations, and social service programs

Tips and Tricks for Effective Banking

• Monitor your accounts regularly: Review your account statements and online banking transactions to stay informed about your financial activity.
• Set up alerts: Receive notifications for large transactions, low account balances, or suspicious activity.
• Enroll in fraud protection services: Protect yourself from identity theft and fraudulent activity by enrolling in FNB's fraud monitoring and protection programs.
• Use strong passwords and two-factor authentication: Create complex passwords and implement two-factor authentication to enhance the security of your accounts.
• Be aware of common scams: Educate yourself about common banking scams and protect yourself from falling victim to fraudulent schemes.

Stories and What We Learn

Story 1: A small business owner approached FNB seeking a loan to expand their operations. The FNB team worked closely with the business owner to understand their financial needs and tailor a loan package that matched their business goals. The successful expansion created new jobs and contributed to the local economy.

What we learn: Access to capital is essential for business growth and economic prosperity. FNB's commitment to supporting local businesses empowers entrepreneurs to achieve their aspirations.

Story 2: A young family facing financial hardship sought advice from FNB's wealth management team. Together, they developed a financial plan that helped the family manage debt, save for the future, and achieve their financial goals.

What we learn: Financial planning and guidance can make a significant difference in the lives of individuals and families. FNB's personalized wealth management services provide tailored solutions that empower clients to improve their financial well-being.

Story 3: A non-profit organization approached FNB seeking support for a community outreach program. The FNB team recognized the importance of the program and provided a grant that enabled the organization to reach a wider audience and make a positive impact on the community.

What we learn: Community involvement is essential for a thriving society. FNB's support for non-profit organizations demonstrates its dedication to giving back to the communities it serves.

Pros and Cons

Pros:

• Financial stability: Impeccable record of financial strength and capitalization
• Customer-centric approach: Personalized service and tailored financial solutions
• Comprehensive banking solutions: Wide range of products and services for individuals and businesses
• Community involvement: Active participation in community initiatives and support for local organizations
• Digital banking convenience: User-friendly online and mobile banking platforms

Cons:

• Limited geographic reach: Branches primarily located in Fort Smith and surrounding areas
• Interest rates: May not be as competitive as some larger financial institutions
• Service fees: Certain services may incur fees, such as wire transfers and stop payments

Frequently Asked Questions

1. Is FNB a safe bank?
Yes, FNB is a safe and sound financial institution. It is federally insured by the FDIC and has maintained a well-capitalized position for over 150 years.

2. What online banking services does FNB offer?
FNB offers a range of online banking services, including bill pay, account transfers, check deposits, and mobile banking.

3. Does FNB offer mortgages?
Yes, FNB offers a variety of home loan options, including fixed-rate mortgages, adjustable-rate mortgages, and jumbo loans.

4. Can I open an account online?
Yes, you can open an account online at FNB's website.

5. What fees does FNB charge?
FNB charges fees for certain services, such as wire transfers, stop payments, and overdrafts.

6. How do I contact customer service?
You can contact FNB's customer service by phone, email, or live chat.

Financial Highlights

Table 2: Tier 1 Capital Ratio

Table 3: Online Banking Features