New Banking Commissioner Says She'll Try Not to be Heavy-Handed - KAIT Jonesboro, AR - Region 8 News, weather, sports

Little Rock, AR

New Banking Commissioner Says She'll Try Not to be Heavy-Handed

LITTLE ROCK, AR - The first woman to hold the position of state bank commissioner says she wants to avoid being too negative in regulating the state's financial institutions.

Jonesboro native and Arkansas State University alum Candace Franks was sworn in yesterday by Arkansas Supreme Court Justice Donald Corbin and Governor Beebe.

She said a regulator doesn't need to be heavy-handed.  She said she'll show bankers how to operate effectively and legally, but not with a "gotcha" attitude.  As she put it, "You can do it strongly, but you don't have to be mean about it."

Beebe praised Franks for her long history with the state's Bank Department and called her appointment as its first female chief historic.  The governor said Franks has lots of great qualities, but the two that stand out are that she's tough but she's fair.

(The Associated Press contributed to this report.)

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • Man arrested after search warrant yields pistols and pot

    Man arrested after search warrant yields pistols and pot

    Wednesday, July 26 2017 4:36 PM EDT2017-07-26 20:36:07 GMT
    Wednesday, July 26 2017 6:24 PM EDT2017-07-26 22:24:23 GMT
    Devontae Dewayne Fowler (Source: Craighead Co. Sheriff's Office)Devontae Dewayne Fowler (Source: Craighead Co. Sheriff's Office)

    Jonesboro police arrested a man after they say they found pistols and pot during a search of his home.

    Jonesboro police arrested a man after they say they found pistols and pot during a search of his home.

  • Second suspect in couple's beating arrested

    Second suspect in couple's beating arrested

    Wednesday, July 26 2017 4:51 PM EDT2017-07-26 20:51:39 GMT
    Wednesday, July 26 2017 6:22 PM EDT2017-07-26 22:22:30 GMT
    Chase Nathanual Harris (Source: Craighead Co. Sheriff's Office)Chase Nathanual Harris (Source: Craighead Co. Sheriff's Office)

    A judge found probable cause Wednesday to charge a 19-year-old Bono man with second-degree battery for his part in an assault earlier this month.

    A judge found probable cause Wednesday to charge a 19-year-old Bono man with second-degree battery for his part in an assault earlier this month.

  • JPD: Man on ICE hold after breaking into woman's apartment

    JPD: Man on ICE hold after breaking into woman's apartment

    Wednesday, July 26 2017 3:12 PM EDT2017-07-26 19:12:44 GMT
    Wednesday, July 26 2017 6:20 PM EDT2017-07-26 22:20:38 GMT
    Hugo Adiel Rodriguez (Source: Craighead Co. Sheriff's Office)Hugo Adiel Rodriguez (Source: Craighead Co. Sheriff's Office)

    A man accused of breaking into his ex-girlfriend’s apartment is being held on ICE, literally.

    A man accused of breaking into his ex-girlfriend’s apartment is being held on ICE, literally.

Powered by Frankly