Tuesday, June 23, 2015

Union Bank Chairman Named To State Bank Board

Zack McClendon, Chairman of the Board and CEO of Union Bank, has been named to the Arkansas State Bank Board by Governor Asa Hutchison.  The term runs until December 31, 2019.

The State Bank Board has powers and duties including approval of bank charter applications, approval of proposed reorganizations, mergers and consolidations and conversion from national to state charters.  The board also has power to permit banks to change location of place of business and has full authority to issue banking rules and regulations.

Union Bank is located in Monticello and Warren.

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