Jerry Jones' Sister's Bank in Dardanelle, Arkansas: A Landmark in Community Banking

Introduction

In the heart of the picturesque town of Dardanelle, Arkansas, stands a financial institution that embodies the spirit of community banking: The Citizens Bank of Dardanelle. Founded by Jerry Jones' sister, Mary Jones, this bank has been a cornerstone of the local economy for over a century.

A Rich History

The Citizens Bank of Dardanelle traces its roots back to 1884, when Smith Jones, Mary's father, established the First National Bank of Dardanelle. Over the years, the bank has undergone several name changes, but its unwavering commitment to serving the community has remained constant.

Mary Jones' Leadership

Mary Jones took over the bank's leadership in the 1970s. Under her stewardship, the bank expanded its operations, modernized its services, and became a trusted financial partner for individuals and businesses alike. Her dedication to customer satisfaction and community involvement earned her the respect and admiration of the community.

A Community-Oriented Institution

The Citizens Bank of Dardanelle is more than just a financial institution; it is an integral part of the community fabric. The bank has actively supported local businesses, schools, and non-profit organizations, contributing to the town's economic and social well-being.

Financial Strength

Despite the challenges faced by the banking industry over the past decade, The Citizens Bank of Dardanelle has maintained a strong financial position. According to the Federal Deposit Insurance Corporation (FDIC), the bank had a Tier 1 capital ratio of 15.57% as of March 31, 2023, well above the regulatory minimum.

Banking Services Offered

The Citizens Bank of Dardanelle offers a comprehensive range of banking services, including:

• Checking and savings accounts
• Certificates of deposit
• Loans (personal, business, agricultural)
• Mortgage services
• Online and mobile banking
• Wealth management

Modern and Convenient

While maintaining its community-centric roots, The Citizens Bank of Dardanelle has embraced modern technology to enhance customer convenience. The bank offers online and mobile banking platforms, allowing customers to access their accounts and conduct transactions anytime, anywhere.

Commitment to Customer Service

At the heart of The Citizens Bank of Dardanelle's success lies its unwavering commitment to customer service. The bank's friendly and knowledgeable staff is dedicated to providing personalized financial solutions tailored to each customer's individual needs.

Table 1: Financial Performance of The Citizens Bank of Dardanelle

Table 2: Key Banking Services Offered by The Citizens Bank of Dardanelle

Table 3: Bank Holidays and Hours of Operation

Stories

The Banker Who Gave Back

Mary Jones was known for her generosity and her unwavering belief that the bank should be a force for good in the community. One memorable story involves a local farmer who was struggling to repay his loan after a devastating flood. Instead of foreclosing on the farm, Mary extended the loan and helped the farmer get back on his feet. The farmer's gratitude extended beyond repaying his debt; he became a lifelong customer of the bank and a loyal advocate for Mary's leadership.

The Deposit Mistake

A flustered customer accidentally deposited a large sum of money into the wrong account. The mistake was not discovered until the following day, when the customer realized their error. To their surprise, the bank staff had already identified the issue and reversed the transaction, ensuring that the funds were credited to the correct account. The customer's relief and gratitude served as a testament to the bank's attention to detail and commitment to customer care.

The Lending Hand

A young entrepreneur approached the bank with a business plan but lacked the necessary collateral to secure a loan. The bank staff recognized the potential in his idea and devised a creative financing solution that helped him launch his business. Years later, the business became a thriving success story, and the entrepreneur credited the bank's support as a key factor in his journey.

Common Mistakes to Avoid When Choosing a Bank

• Ignoring Customer Service: Look for a bank that values personal relationships and provides exceptional service.
• Focusing Solely on Interest Rates: While rates are important, consider the overall package, including fees, services, and convenience.
• Not Researching the Bank's History: Choose a bank with a proven track record of financial stability and community involvement.
• Overlooking Convenience: Consider the bank's location, hours of operation, and online/mobile banking capabilities.

Why Community Banking Matters

• Supports Local Businesses: Community banks provide loans and other financial services to local businesses, fostering economic growth.
• Creates Jobs: The banking sector is a major employer in many communities, creating jobs in a variety of roles.
• Strengthens the Economy: Community banks invest in the local economy by supporting businesses, schools, and non-profit organizations.

Benefits of Banking with The Citizens Bank of Dardanelle

• Personalized Service: Build relationships with knowledgeable bankers who understand your financial needs.
• Strong Financial Performance: Enjoy peace of mind knowing that your bank is financially sound.
• Community Involvement: Support a bank that cares about and invests in the local community.
• Modern Convenience: Access your accounts and conduct transactions anytime, anywhere with online and mobile banking.

Conclusion

The Citizens Bank of Dardanelle, founded by Jerry Jones' sister, Mary Jones, is a shining example of the enduring power of community banking. For over a century, the bank has served as a trusted financial partner, supporting local businesses, individuals, and the community at large. Its commitment to customer service, financial strength, and community involvement makes it an institution that continues to make a lasting impact on the town of Dardanelle, Arkansas.