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Bearce Named Jonesboro Market President :: News

Bearce Named Jonesboro Market President

STUTTGART, AR – The Board of Directors of Farmers and Merchants Bank is pleased to announce the appointment of Randy Bearce to the position of Market President. In his new role, Bearce will oversee the retail and lending operations of the expanding Jonesboro market. Most recently, he served as a commercial lender. 

Randy Bearce

“I’m excited for Randy to move into this leadership position”, stated Private Banking Manager Gary Childers.  “He is well-respected by the bank staff, his customers and the Jonesboro community. Randy is a person that goes above and beyond to serve his customers as well as Jonesboro, and he has the experience necessary to be a successful Market President.  Congratulations Randy!”         

A Jonesboro native, Bearce is an alumnus of Valley View High School and Arkansas State University, where he earned a Bachelor of Science in Finance.  Bearce started his career in the financial industry more than 27 years ago and has worked as a lender in the Jonesboro region since 1999. He joined the Farmers and Merchants Bank and Integrity First team in 2013. 

“I appreciate the opportunity Farmers and Merchants Bank has offered me to serve as Market President for the Jonesboro area”, commented Bearce. “Jonesboro is a great place to live and raise a family, and I am proud to call this community home. I am excited to lead such a great team as we expand our presence in Jonesboro.”  

In addition to his new role at Farmers and Merchants Bank, Bearce is an active member of the regional community and an avid sports fan. He has been a dedicated volunteer for Jonesboro youth sports for more than 15 years. He currently serves as the Recreational League Commissioner for the Jonesboro Baseball Boosters at Joe Mack Campbell Park as well as a travel basketball coach at Valley View Elementary .  He is a former board member of United Way of Northeast Arkansas and a volunteer for the UCP Telethon.

Farmers and Merchants Bank, headquartered in Stuttgart, is a locally-owned community bank with 27 locations across the state of Arkansas. Farmers and Merchants recently expanded their footprint to meet growing financial needs in the Jonesboro area with a second branch at Parker Road and Southwest Drive. With assets in excess of $1.6 billion, Farmers and Merchants is the 10th largest bank chartered in Arkansas.

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