(Source: Bloomberg Businessweek) – Two central Arkansas banks owned by the same holding company plan to consolidate their operations, officials announced Wednesday.

Heber Springs State Bank in Heber Springs and Eagle Bank & Trust in Little Rock will operate under the name Eagle Bank & Trust starting in late February, bank officials said. Both are owned by State Holding Company, based in Little Rock. The consolidation is pending regulatory and stockholder approval.

Source: Bloomberg Businessweek

August 17, 2011, 4:47PM ET

To read more, click on this link