Question 1

What is Warren Bank and Trust?

Accepted Answer

Warren Bank and Trust is a community-focused commercial bank serving Bradley County and surrounding areas in Arkansas. With approximately $145 million in total assets and $116 million in deposits, the bank specializes in agricultural lending while providing comprehensive personal and business banking services. As a state-chartered bank and member of the Federal Reserve System, Warren Bank and Trust operates 4 domestic offices and employs approximately 35 staff members dedicated to serving local communities.

The bank is classified as an S-Corporation with fiduciary powers, allowing it to offer trust services alongside traditional banking products.

Question 2

When was Warren Bank and Trust founded?

Accepted Answer

Warren Bank and Trust was originally established on December 31, 1901, under the name Warren Bank. The institution has served the Warren, Arkansas community for over 120 years, making it one of the state's oldest continuously operating community banks.

On January 20, 1967, the bank changed its name to Warren Bank and Trust Company to reflect its expanded service offerings, particularly in the trust and fiduciary services area. The bank became FDIC-insured on January 1, 1934, during the early years of the federal deposit insurance program.

In August 2001, the institution underwent a significant regulatory change, transitioning from FDIC supervision to Federal Reserve Board oversight and changing its charter classification to a state member bank of the Federal Reserve System.

Question 3

Where is Warren Bank and Trust headquartered?

Accepted Answer

Warren Bank and Trust is headquartered at 201 S Main Street in Warren, Arkansas. Warren is the county seat of Bradley County, located in the southeastern region of the state.

The main office is situated in the heart of downtown Warren, reflecting the bank's deep roots in the local community.

Question 4

Where does Warren Bank and Trust operate?

Accepted Answer

Warren Bank and Trust operates exclusively in Arkansas through 4 domestic branch locations. The bank's operations are concentrated in and around Bradley County in southeastern Arkansas.

Known locations include the main office at 201 S Main Street in Warren and another branch at 312 S Martin Street, also in Warren. All branches serve the local communities of Bradley County and neighboring areas.

The bank maintains a focused geographic footprint, emphasizing deep community relationships rather than widespread expansion.

Question 5

What services does Warren Bank and Trust offer?

Accepted Answer

Warren Bank and Trust provides a comprehensive suite of banking services for both individuals and businesses:

Personal Banking: The bank offers checking and savings accounts, money market accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs). Personal loan services include mortgage loans, home equity lines of credit, and consumer loans.

Business Banking: Commercial banking services include business checking and savings accounts, commercial loans, and agricultural lending. Given the bank's agricultural specialization designation, it provides tailored financing solutions for farmers and agribusinesses in the region.

Trust and Investment Services: With fiduciary powers exercised since its 1967 name change, the bank offers trust administration, estate planning, and investment advisory services to help clients manage wealth and plan for the future.

Digital Banking: Warren Bank and Trust provides modern convenience through iBank Mobile with mobile deposit capabilities, allowing customers to manage their accounts, deposit checks, and conduct banking transactions remotely. The bank also offers online banking services accessible through their website at www.warrenbanktrust.com.

Question 6

What makes Warren Bank and Trust unique?

Accepted Answer

Warren Bank and Trust stands out as an agricultural specialist bank, officially designated with agricultural lending concentration by federal regulators. This specialization reflects the bank's deep understanding of farming operations, seasonal cash flows, and the unique financing needs of agricultural producers in southeastern Arkansas.

With over 120 years of continuous operation in the same community, the bank has built generational relationships with families and businesses in Bradley County. This longevity demonstrates remarkable stability and adaptability through multiple economic cycles, wars, the Great Depression, and technological revolutions.

As a locally-focused community bank, Warren Bank and Trust maintains a small-town banking atmosphere while offering sophisticated services including trust and fiduciary capabilities. The bank's status as an S-Corporation and its independence from larger holding companies allows it to make local lending decisions quickly and maintain flexibility in serving community needs.

The bank's strong capital position, with a Tier 1 Leverage Ratio of approximately 14.43%, significantly exceeds regulatory requirements and demonstrates financial strength and conservative management practices.

Question 7

What type of financial institution is Warren Bank and Trust?

Accepted Answer

Warren Bank and Trust is a State Member Bank - specifically, a commercial bank with a state charter that has elected to become a member of the Federal Reserve System. This charter type means the bank is supervised by the Federal Reserve Board (FRB) rather than the FDIC as its primary regulator.

As a state member bank, the institution benefits from state-level chartering flexibility while accessing Federal Reserve services including the discount window, payment systems, and regulatory guidance. This charter type is less common than either national bank or state non-member bank charters, representing the bank's strategic choice to combine state chartering benefits with Federal Reserve membership advantages.

The bank's commercial bank classification indicates it accepts deposits and makes loans to both individuals and businesses, distinguishing it from specialized institutions like savings banks or credit unions.

Warren Bank and Trust

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About Warren Bank and Trust in the United States