These awards, provided by the South Florida Business Journal
at a celebration in Miami’s Epic Hotel, honor LGBTQ+ executives. Recipients
like Alan are recognized for excelling in business, as well as advocating for
the LGBTQ+ community.
June is Pride Month, a great time to think about how
diversity enriches our company and community.
Alan reflected upon his experiences as an executive in the
LGBTQ+ community in an interview:
What advice do you have for young LGBTQ professionals
looking to move up in the corporate or professional world?
“Follow your passion, work hard and make a difference.”
As an LGBTQ professional, what responsibility do you
and your peers have to foster, encourage, or advocate for inclusion in the
“There are many LGBTQ employees at Bank OZK. I am
always available to discuss whatever issue that needs to be addressed. Being
authentic and a mentor is important to me.”
Do you think LGBTQ business owners face different
challenges than straight business owners?
“No, I don’t. A good business owner has the ability to control his or her destiny by making the “right” choices for their company. That person could be gay or straight.”
During Pride Month and throughout the year, we welcome and
appreciate the LGBTQ+ members of the Bank OZK community. Congratulations Alan!
On May 16th, Bank OZK Association Services introduced the bank to community association professionals throughout the US at the 2019 Community Associations Institute (CAI) Annual Conference and Exposition in Orlando, Florida.
With more than 3,000 community association professionals in attendance, this was a unique way to draw attention to the Bank OZK Association Services products.
Thanks to five furry friends, we did just that!
With the assistance of the nonprofit Pet Alliance of Greater Orlando, Bank OZK was the talk of the conference. Crowds of industry professionals flocked to cuddle the pups and talk association banking with the Bank OZK Association Services Sales Team.
The idea for the spokespuppies came from Patti DuBuque, Bank OZK EVP Association Services Sales Manager. The Pet Alliance even set the scene by building a “Puppy Break” display with a white picket fence.
Crowds flocked to meet the pups, all of whom were rescued from Puerto Rico. It was part of an ongoing effort to help animals affected by Hurricanes Irma and Maria.
“This was a great opportunity for community association professionals to relax a bit during the conference all while learning more about Bank OZK,” DuBuque said.
In addition to introducing our association banking products to community management professionals throughout the nation, we are pleased to report that all five of our rescue puppies were adopted by the end of the weekend.
Bank OZK is proud to have had such a successful, exciting event. We love serving our communities, and we’re sure these puppies will bring joy to the homes that were kind enough to adopt them.
Top, left to right: Alan Randolph, Regional Director FL; Larry Jones, SVP, Association Services Lockbox; Jeff Ulm, PCAM, AMS, CMCA, VP Business Development Association Services; Patti DuBuque, PCAM, AMS, CMCA, MBA, EVP Association Services; Michele Ranalli, VP Business Development Association Services; Bethann Barrett, VP Association Lending; Michael Watts, VP Institutional Banking; Steve Aikens, VP, Business Development.
Bank OZK EVP Commercial Lending Philip Doss and Branch Manager Barbara Deal delivering water to Central Mall’s flood relief station.
Bank OZK recognizes many of our communities are impacted by the historic flooding in Arkansas. To assist those affected, we implemented a Disaster Relief Payment Deferral Program. This program allows for deferred interest and short-term payment extensions to borrowers impacted by the flooding. For more information, and to request extensions, borrowers should contact their Bank OZK lender and can access contact information by location here.
Because of the magnitude of the flooding in our communities, Bank OZK is making a $20,000 contribution to the Crawford-Sebastian Community Development Council (“CSCDC”) for flood disaster assistance. The funds will be used to assist families with water damage restoration and home repairs, as well as food and toiletries through CSCDC’s River Valley Regional Food Bank.
All Bank OZK offices in Fort Smith, Van Buren, Alma, Mulberry, Ozark, Altus, Clarksville, and Paris are collecting non-perishable food and monetary donations for the River Valley Regional Food Bank, which has an outstanding record of service. The River Valley Regional Food Bank serves the needs of residents through partnerships with more than 180 food pantries, soup kitchens and shelters.
Bank OZK has had the privilege of working with the Arkansas community for decades and we hope to provide meaningful, immediate assistance to our friends and neighbors impacted by the flooding. “Arkansans are known for being strong-willed and compassionate,” stated Don Keesee, President, Bank OZK River Valley Division. “I am confident our communities will emerge even stronger than before as we come together and make the River Valley an even greater place to live and work.”
In 2018, Bank OZK launched Sustainable
World Investments, an investment offering committed to fostering a healthier,
more socially-conscious planet.
In the conversation below, SVP Trust Investment Officer Michelle Garey illustrates what makes their strategy exciting for investors.
is Sustainable World Investments?
Michelle Garey, Bank
OZK SVP Trust Investment Officer: Investing with a commitment towards
economic, social, and environmental well-being. Sustainable Investing is a
discipline that considers ESG criteria, or environmental,
social, and corporate governance
criteria when selecting investments. Every company, every stock that is
publicly traded, is scored this way. Several agencies track all this data.
I: So there’s
serious research behind this. There are experts both within Bank OZK and
outside of Bank OZK who investigate how sustainable different companies that
one could invest in are, right?
right. Several different data services rank all of the ESG criteria for every
publicly traded company.
Michelle Garey, Bank OZK SVP Trust Investment Officer
They track it, and that’s available to the public or through
subscription. Investment managers who manage with a mandate to consider ESG
criteria specifically invest in companies with higher ESG scores. These
investment managers screen out all the possible companies they could invest in.
We identify those with the highest ESG scores, then select better investments
out of that smaller list.
I: So companies that don’t fit our standards are ruled out?
MG: Exactly. But this has changed in recent years. Because of data now readily available and tracked from several different sources, an investor can look at companies with positive scores. In the old days, the only thing we could do for investors was help them avoid the worst companies. MG
Now we find out about positive things companies do. Maybe they
have a lot of women and minorities in their executive management team, or a
history of positive labor relations or workforce safety. They can get a higher score
and inclusion in the smaller subset of potential investment in this kind of
strategy. It’s a way for investors to identify these companies and to allocate
capital towards companies who are making positive change
I: It sounds like
companies are taking notice too.
MG: I think any
corporation not considering how to raise their ESG score is missing the boat.
Of course companies want to attract capital and help their stock price go up. One
way you could do that is to be conscious about your ESG score!
I: You mentioned
companies missing the boat. I think it’s safe to say that investors are missing
the boat if they’re not taking advantage of this exciting moment too. The tides
It’s as much about performance as conscientiousness. Folks who hear about this
realize they can put their dollars to work to make the world a more positive
place and still perform well—or better—than the broader market. It’s a no-brainer
Bank OZK’s unique blend of bankers with deep financial
expertise, leading-edge innovative banking solutions and a strategy of fostering
strong communities is making news. Ken Ronecker, Bank OZK’s Tampa Bay and North
Florida President, was featured in a Tampa Bay
Business Journal story where he reveals expansive plans.
Tampa Bay is one of the many community bank markets in which
Bank OZK is “embedded and entrenched” in the areas we serve, Ronecker
explained. An aggressive pursuit of new clients by native bankers who
understand and are connected in the community, along with advanced technology
solutions is both unique and unexpected in today’s financial services
Bank OZK is investing in communities and supporting
entrepreneurship in Florida and throughout the U.S.
Bank OZK’s success in blending our great people with great technology continues to gain national recognition. The Financial Brand takes an extensive look inside OZK Labs, our in-house fintech, in a feature story here.
“By leveraging data to understand more about how to better
serve our customers and provide insights to our bankers, then Bank OZK can
scale community banking,” states Marcio deOliveira, President of OZK Labs,
based in St. Petersburg, Florida.
From left: Bank OZK’s Michael Watts, Katherine Delgado, Lasha Marshall,
Martin Ball, Kevin Beauparlant, and Larry McElroen
Bank OZK’s New York team joined the Nonprofit Coordinating
Committee of New York (NPCC) on March 28th for their annual member
dinner. A great time was had by all, and a number of important issues were
discussed and voted upon.
NPCCNY is a nonprofit
organization that has served as a resource center for other nonprofits since
their 1984 founding. They provide facilitation, advocacy, education, and more
to organizations that don’t have the same financial resources as larger
Twenty four percent of these organizations have an annual budget of under $125,000, so helping hands go a long way. NPCCNY’s focus on equity and sustainability empowers them to stretch those dollars as far as possible.
Owing to our community bank roots, Bank OZK is proud to
support NPCCNY. Thanks to them, thousands of nonprofits in New York City,
Westchester, and Long Island have more power to help their neighbors.
Whether they run a small animal shelter in Little Rock or
volunteer at after school programs in Manhattan, we love it when positive
values are put into action.
Spring is here! Maybe you’re teaching your children about
reducing, reusing, and recycling. You may volunteer to clean up your local
parks. Perhaps you’re even considering installing solar panels in your home.
We love seeing people help
their communities. We’re a community bank by heritage. Those roots inform
the way we operate, even with all the growth we’ve experienced over a century
after our founding.
We’re committed to helping neighborhoods thrive. Our vision
starts with our own backyards, and expands into the whole planet.
From local hiking trails to the world’s oceans, it’s no secret
that the planet needs help. Bank OZK’s Sustainable World Investments is
committed to doing our part to keep Earth clean. We invite you to join us.
Our clients asked for an investment offering which fosters a
sustainable world. Research proves sustainability is a potent investment tool,
both financially and ecologically. Our experts drive positive social and environmental
change through your investments with green companies, helping you build a green
Social responsibility is equally important. Safe workplaces,
inclusivity, and other human rights issues are crucial to this investment
offering. We also take corporate governance into account, looking into factors
like board diversity and anti-corruption policies.
Socially-conscious investments aren’t mutually exclusive
with economically competitive ones. There’s more need than ever to build a
sustainable world, and with that comes opportunity.
A financially sustainable future can be achieved when we
strive for an environmentally sustainable and socially responsible planet
simultaneously. Our experts at Bank OZK’s Trust and Wealth Management have
created an investment offering focused on both.
If you want an investment portfolio tailored to creating a
cleaner, healthier environment with a financially competitive eye, look no
To get started with Sustainable World Investing, contact Michelle Garey CFA, Bank OZK’s SVP Trust Investment Officer, by emailing firstname.lastname@example.org.
INVESTMENT PRODUCTS ARE NOT A DEPOSIT | NOT FDIC INSURED NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY NOT GUARANTEED BY THE BANK | MAY GO DOWN IN VALUE
Bank OZK today announced that net income for the first quarter of 2019 was $110.7 million. George Gleason, Chairman and Chief Executive Officer, stated, “We are pleased with our first quarter results. Our $110.7 million net income, 1.99% annualized return on average assets, 4.53% net interest margin and 38.5% efficiency ratio provide an excellent start for 2019. Our team of industry and technology professionals is well-positioned to capitalize on opportunities throughout 2019 and beyond.”