Parks Professional Group Founder/Managing Principal Rodney O. Parks was elected the 2012 Chairman of the Arkansas State Banking Board. The Arkansas State Banking Board, in accordance with policy accurately and fairly consider all applications and proposed regulations presented in a proper and timely manner and to ensure the continuance of safe and sound financial practices in the state chartered banking industry of Arkansas. The Arkansas State Bank Department and the State Banking Board have responsibility for the issuance of new charters, authorization of branches, and other applications relating to ownership and structure of banks and bank holding companies. In order to discharge their statutory responsibilities, the State Banking Board, Bank Commissioner and bank examiners periodically conduct investigations, hold hearings and perform allocations necessary to discharge these responsibilities. These banks and other entities hold assets of over $33 billion.
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