Arvest Bank promotes Dax Moreton to loan manager in the Prairie Grove market. He replaces Steve Purdy, who is retiring in January after serving as loan manager in Prairie Grove for 19 years.
Moreton has worked as a commercial loan officer for Arvest Bank in Prairie Grove for the past 14 years. During the past year he has worked from the Arvest Bank branch in Lincoln. He will continue to manage his existing commercial loan portfolio as he assumes his new duties.
“Dax is a strong asset for Arvest Bank and the local community,” said Mike Willard, president of Arvest Bank in Prairie Grove. “His banking experience is top-notch and he understands what our customers need from their banking partner.”
Moreton earned a bachelor’s degree in agriculture in 2000 while also playing baseball for Arkansas Tech University. He is a 2009 graduate of The Southwest Graduate School of Banking at Southern Methodist University in Dallas.
He and his wife, Christina Moreton, have a daughter, Brinkley. The family operates a small farming operation of commercial beef cows. He is active in the community and currently serves as the vice president of the Lincoln School Board, the board of directors for the Lincoln Summer Ball Program, Lincoln Chamber of Commerce and the Ganderville Cemetery.