GOULD — Simmons First National Bank officials have notified Gould Recorder-Treasurer Pam Barley-Gibson that the city's bank accounts are now "unfrozen."
GOULD — Simmons First National Bank officials have notified Gould Recorder-Treasurer Pam Barley-Gibson that the city’s bank accounts are now “unfrozen.”
Gibson said a bank official called her late Tuesday to apologize for the inconvenience and to say the accounts are again fully accessible to any authorized persons.
“I’m supposed to be receiving a letter from them,” said Gibson on Wednesday. “(They) told me that the bank funds were unfroze and they could not legally have them froze because I had legal documentation on the account. He deeply apologized for the inconvenience. They said they would send a letter to myself, the council members and Mayor (Earnest) Nash.”
Gibson said Simmons froze the city’s checking accounts last week after Nash allegedly went to the bank “raising Cain” because he was denied access to the accounts.
The Gould City Council last year passed an ordinance that prohibits Nash from spending more than $100 without council authorization.
However, Nash has allegedly done so several times in the past year, mostly to pay bills for the city. Nash was recently charged with two counts of nonfeasance in office following a State Police investigation for allegedly violating the ordinance.
On Wednesday, Gibson said she was glad the ordeal was over.
“There’s a lot of happy people here,” she said.
Gibson said Monday she was frustrated because Simmons had “frozen” all of the cash-strapped city’s checking accounts.
“We’re talking about more than one account,” Gibson said. “Not CDs, these are checking accounts.”
Tuesday, Nash said he wasn’t ready to comment because he had pertinent information that he turned over.
Marty Casteel, executive vice president of Simmons First, told a reporter Tuesday he couldn’t comment on someone else’s account, but the bank’s attorneys were looking into the matter regarding Gould.