Semi-national bank, with $22 billion in assets, relies on area tech unit

A fast-growing group of area tech employees, well-versed in finance, has become a rapidly-growing bank’s best (not-so-secret) asset.


  • By Mark Gordon
  • | 6:00 a.m. September 21, 2018
  • | 0 Free Articles Remaining!
Mark Wemple. Marcio deOliveira, president of Labs OZK, says the goal of the unit is to create practical technology for Bank OZK.
Mark Wemple. Marcio deOliveira, president of Labs OZK, says the goal of the unit is to create practical technology for Bank OZK.
  • Finance
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At least from the outside, OZK Labs seemingly sits nondescriptly among a cadre of hipster-cool downtown St. Petersburg tech companies. But with digs that include a culture doodle wall drawn by noted area artist Chad Mize, cushy couches and a nap pod, OZK Labs diligently holds its own among its techie peers.

Far from technology or funky office features, there is instead something else that makes OZK Labs really standout. That factor? OZK Labs is actually a division of a $22 billion Arkansas bank.

 

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