RCB Bank Purchases Home National Bank
RCB Bank Purchases Home National Bank
Locally-owned RCB to extend branch network into Kansas, Arizona and 4 new communities in Oklahoma.
CLAREMORE, OK – RCB Bank has reached an agreement with the FDIC to acquire Home National Bank deposits in Oklahoma, Kansas and Arizona. The acquisition includes 11 branches in Kansas and Oklahoma as well as 4 branches in Arizona. The newest RCB Bank locations will serve customers in Scottsdale and Phoenix, Arizona, Arkansas City and Winfield, Kansas, as well as Bartlesville, Blackwell, Ponca City, Shidler and Stillwater, Oklahoma.
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 RCB Bank family” said Roger Mosier, President and CEO of RCB 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 RCB Bank’s branch network to 25 locations across Oklahoma, 5 locations in Kansas and 4 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,” said 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, RCB Bank will have assets of approximately $1.9 billion with 35 locations across Oklahoma, Kansas and Arizona.
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RCB 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, RCB is committed to serving its communities with conservative banking practices and progressive banking products. For additional information, visit www.RCBBank.com.
