Hugh Simonton's influence in the banking sector goes beyond family ties, as seen during his tenure on the board of DBT Financial in Southeast Arkansas until 2015. His expertise proved crucial in resolving challenges and addressing the bank's C&D status. The narrative continued with DBT Financial's acquisition by Stone Bank, set to close in the second quarter, marking a significant development for Arkansas County's banking landscape. Stone Bank's CEO, Marnie Older, expressed excitement about extending services and expertise in farm lending to the region, with the merger also enabling the provision of trust services for the local farming communities.
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