Petit Jean State Bank celebrates 25 years giving Morrilton a locally owned financial institution

Petit Jean State Bank President and Chief Executive Officer Charles Penick cuts the ribbon Friday at a 25th anniversary celebration of the institution at its main branch, 707 N. St. Joseph St. in Morrilton, Feb. 16
Petit Jean State Bank President and Chief Executive Officer Charles Penick cuts the ribbon Friday at a 25th anniversary celebration of the institution at its main branch, 707 N. St. Joseph St. in Morrilton, Feb. 16

MORRILTON -- Decades after two locally owned Morrilton banks got swallowed up by outside institutions, Petit Jean State Bank celebrated its 25th anniversary after its president and chief executive officer made a bet that demand still existed for a community bank.

"When

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