Oklahoman
The bank owned by the Citizen Potawatomi Nation has acquired Oklahoma s oldest continually operating state-chartered bank, allowing the tribe to expand its financial services footprint deeper into the Oklahoma City metro area.
First National Bank & Trust (FNB) announced it will acquire MidWest Community Financial Corp. and its wholly owned subsidiary, The First State Bank (FSB). The acquisition represents Oklahoma’s largest mergers and acquisitions transaction in banking since 2016, FNB said.
“The joining of these two historic banking institutions demonstrates that we live in a land of opportunity,” Citizen Potawatomi Nation Chairman John “Rocky” Barrett said. “One bank was born in a tiny farming community in western Oklahoma, and the other began in a doublewide trailer on a gravel parking lot. Both share a common trait accounting for their very uncommon success: dedication to providing the best customer service.