The Bank N.A

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General Info

The Bank N.A. of Oklahoma began in May of 1927, when a group of McAlester businessmen met and agreed to take over the charter of The Bank of McAlester, a small State bank that had closed. The group opened on May 17, 1927 with Tom Hale as President, Roy Caldwell as Executive Vice President & Cashier, W.B. McAlester and W.J. Basolo as Vice Presidents. Board members were W.P. Mullen, Ben T. Childers, W.P. Freeman and L.O. Bradford along with the four mentioned officers. The Hale Family represented the major shareholders until 1989, when the interest was sold to Fern Oliver Testamentary Trust, with Mike McGowa, the current Chairmen and CEO, as Trustee. Three generations of the Hale Family gave The Bank N.A. its successful legend. Elmer Hale succeeded as President in 1941 and served until his death in 1969. Elmer Hale, Jr. served as Chairman of the Board from 1969 until 1989 and continues as Chairman Emeritus. In October of 1986, a branch was acquired in Stillwater, when the char ter of the Stillwater Community Bank was declared insolvent by the FDIC. The following year, a branch in Holdenville was acquired the same way, when The Peoples State Bank was closed. In 1988, Citizens State Bank of Maude was closed and The Bank N.A. opened its fourth location. The mission of the McAlester bank was extended to each of these branches.

Services/Products

The Bank N.A.'s mission is to created sustainable long-term growth that generates high rates of return for our shareholders, and security and opportunity for our employees, through valuable products and services, purchased by our stable and growing customer base. Our mission is to create a value that is long term. The Bank N.A. has a reputation of conservative soundness, which has served the communities well. Of equal importance is the secondary purpose, which is to encourage, promote and support all worthy causes and undertaking leading toward the growth and improvement of the communities in which we serve. The Bank N.A. converted to sub-chapter S on January 1, 2001. Also the Bank is expanding its brick & mortar in its Holdenville and Stillwater Markets. In Holdenville, the Bank is expanding its brick & mortar in its Holdenville and Stillwater Markets. In Holdenville, the Bank moved to a new location and remodeled an existing building for $650,000. In Stillwater, the Bank i s adding a second facility at 6th & Washington at a cost of $3,000,000.

Location

2nd and Carl Albert Parkway

Accreditation

SBA Lender

FDIC

Equal Housing Lender

Other Link

https://www.thebankna.com

Categories

Financial Services, Banks, Internet Banking, Loans, Mortgages, Real Estate Loans

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Details

Phone: (918) 423-2265

Address: 01 E Carl Albert Pkwy, McAlester, OK 74501

Website: https://www.thebankna.com