RCB Bank Extends Network
Locally-owned Bank has reached an agreement with the to acquire Home National Bank deposits in Oklahoma, Kansas and Arizona. The acquisition includes 11 branches in Kansas and Oklahoma as well as four branches in Arizona. The newest Bank locations will serve customers in Scottsdale and Phoenix, Ariz., Arkansas City and Winfield, Kan. as well as Bartlesville, Blackwell, Ponca City, Shidler and Stillwater, Okla.
The acquisition includes all of Home National Bank’s approximately $500 million in deposits and $130 million in loans in Oklahoma and Kansas.
“We are excited to bring Home National customers into the Bank family” says Roger Mosier, president and of Bank.
“RCB Bank has always been known for our conservative banking and business practices, which is what made this acquisition possible. We believe that the customers and employees of Home National Bank will greatly benefit from our community-first culture and full line of banking products and services.”
The acquisition extends Bank’s branch network to 25 locations across Oklahoma, five locations in Kansas and four locations in Arizona.
“We’ve had a loan production office in Wichita for several years now and the additional Kansas locations prove a commitment to our growth and expansion into those communities in southern Kansas,” adds Mosier. “Additionally, we are strengthening our position in communities across Oklahoma, while giving our customers more branch locations for easier and more convenient banking service.”
Upon closing of the acquisition, Bank will have assets of approximately $1.9 billion with 35 locations across Oklahoma, Kansas and Arizona.
Bank is an Oklahoma-owned and operated community bank with assets totaling more than $1.9 billion, over 500 employees and 35 locations across Oklahoma, Kansas and Arizona. Founded in 1936, is committed to serving its communities with conservative banking practices and progressive banking products. For additional information, visit www.RCBBank.com.
Updated 08-10-2010
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