The Arkansas Banker Spring 2022

Page 45

NEWS & MOVES

STONE BANK PROMOTES

ORT, DAVIS INTO NEW ROLES Sarah Ort

Senior Vice President and Chief Legal Counsel

Jeremy Davis

President of the Farm Service Division

S

arah Ort has been promoted by Stone Bank to Senior Vice President and Chief Legal Counsel. She had been Special Assets Manager for the bank. Ort is a graduate of Arkansas State University and earned a Juris Doctorate degree from William H. Bowen School of Law at the University of Arkansas at Little Rock. Jeremy Davis has been promoted to President of the Farm Service Division (FSA) of Stone Bank. He has served as an Agricultural Loan Officer for the bank since 2012. Prior to joining Stone Bank, Davis had served as a consumer and commercial lender with another Mountain View bank and a Poultry Field Service

Technician for Tyson Foods. His duties will include Management of the portfolio that includes all areas of government-guaranteed agricultural loans with a specialized focus on Farm Service Agency (FSA) guaranteed loans. He earned a Bachelor of Science in Agricultural Business from Arkansas Tech University. John Michael Russ has also joined Stone Bank as a BSA (Bank Secrecy Act) Assistant, part of the Risk Management team. He is a graduate of the University of Arkansas at Little Rock and holds a degree in finance. Stone Bank has offices in Little Rock, Mountain View, Harrison, White Hall, DeWitt and Gillett.

ST. LOUIS FED LITTLE ROCK BRANCH

ANNOUNCES BOARD OF DIRECTORS CHANGES

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he Federal Reserve Bank of St. Louis announced the following changes to its Little Rock Branch board of directors, effective Jan. 1: Millie A. Ward, president of Stone Ward in Little Rock, has been elected board chair for 2022 by the Branch board of directors. She has served on the board since 2017. Jamie J. Henry, vice president of finance, Emerging Payments at Walmart Inc. in Bentonville, has been reappointed by the Federal Reserve Board of Governors to a three-year term. Jeff Lynch, president and CEO of Eagle Bank & Trust Co. in Little Rock, has been reappointed by the St. Louis Fed board of directors to a three-year term.

Also serving on the board are: • Christopher B. Hegi, president and CEO of First Financial Bank in El Dorado; • Vickie D. Judy, chief financial officer and vice president at America’s Car-Mart Inc. in Rogers; • Vincent G. Logan, chief financial officer and chief investment officer at the Native American Agriculture Fund in Fayetteville; and • Darrin Williams, CEO of Southern Bancorp Inc. in Little Rock. Members of the St. Louis Fed’s board of directors and those of its branch boards in Little Rock, Louisville, Ky., and Memphis, Tenn., are familiar with the economic and credit conditions of their respective regions. Their observations—along with the economic data and information gathered and analyzed by St. Louis Fed staff—help ensure that local conditions are represented in Federal Open Market Committee deliberations in Washington, D.C.

THE ARKANSAS BANKER

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