Bank OZK, formerly Bank of the Ozarks, has adopted the new name and ticker symbol OZK, marking the occasion by opening the market at Nasdaq on July 16. Bank OZK Chairman and Chief Executive Officer George Gleason was joined by executives from throughout the company to ring the opening bell at the Nasdaq MarketSite in New York City’s Times Square.
The company’s name change from Bank of the Ozarks to Bank OZK reflects the evolution from an Arkansas community bank into a much larger regional bank with national lending businesses. Bank OZK is one of the top marine and RV lenders in the U.S., servicing dealers in all 48 contiguous states.
“Marine and RV financing is an increasingly important line of business for Bank OZK,” said John Redmond, president of the indirect lending group at Bank OZK. “We’re looking forward to embracing an even larger role in the nation’s indirect financing landscape under the banner of Bank OZK.”
The indirect lending team at Bank OZK provides indirect consumer financing for dealers and brokers who sell and finance RVs, boats, yachts, and aircrafts.
“The marine and RV industries are thriving today, and we are passionate about helping retailers grow their business so more Americans can enjoy our nation’s waterways, national parks, and resorts across the country,” said Scott Ramsden, executive VP and national sales manager at Bank OZK.
