Jacksonville, AR — First Arkansas Bank & Trust (FAB&T) has been named a “Forbes Best In-State Bank 2018.”
Forbes magazine has released its lists of best banks in the United States, and each state. FAB&T has been recognized as being one of the best banks in the country, as well as Arkansas.
“We are pleased to be placed on this prestigious list,” said Larry Wilson, FAB&T Chairman, CEO and President. “We constantly deliver on our commitment of providing quality products, services, and experiences for our customers, employees, and communities. It’s a tremendous honor to be recognized not just locally, but also nationally for our efforts by a global brand such as Forbes.”
FAB&T shares this honor with 123 other banks across the country, which ranks them in the top 2.3% of banks in the United States. Nationwide financial institutions like Bank of America, Wells Fargo and Chase Bank, which have branches in at least 15 U.S. states, were excluded from the final rankings.
Statista, a company that specializes in nationwide polling, conducted the research for Forbes and over 25,000 customers were polled for this particular research project. Customers were asked their opinions on their current and former banking relationships, as well as five other categories, including trust, terms and conditions, branch services, digital services and financial advice.
FAB&T is a family-owned and managed commercial bank chartered in Jacksonville, Arkansas with Total Assets of $760 million and 22 locations in Central and North Central Arkansas. FAB&T also offers a full-service mortgage department, trust and wealth management services, 24/7 Customer Call Center, and a credit card division, located in Kennesaw, Georgia.