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Conway bank acquires loan portfolio

Home BancShares Inc. announced it has purchased a $238 million loan portfolio focused on marine-based borrowing from LendingClub Bank of Lehi, Utah.

New yorkUnited statesJohn allisonJohn marshallStephens incLendingclub bankCentennial bankUnion bank trust of richmondHome bancshares incHome bancsharesShore premier financeConway based homeHappy bancsharesWith happyUnion bankThen home

Home BancShares Hooks $238M in Marine Loans

Home BancShares Inc. of Conway buys the performing marine loan portfolio of LendingClub Bank of Lehi, Utah — the latest move in its growing marine loans business.

United statesJohn allisonJohn marshallLendingclub bankCentennial bankUnion bank trust of richmondHome bancshares incUnited bankHome bancsharesHome bancshareShore premier financeBancshares chairmanPresident john allisonUnion bank

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