RCB Bank acquires Arvest branch locations in Vinita, Oklahoma, and Caney, Kansas, Pending Regulatory Approval
Claremore, OKLA (October 1, 2021) – RCB BANK headquartered in Claremore Oklahoma, announced today it has entered into a definitive agreement with ARVEST Bank (“ARVEST”), headquartered in Fayetteville, Arkansas, to acquire two separate ARVEST branch banking offices, pending regulatory approval.
The separate branch banking offices are located at 301 W 4th Avenue in Caney Kansas and 810 E Illinois Avenue in Vinita Oklahoma. The purchase also includes the ATM sites in each respective community.
The transaction is anticipated to close in the first quarter of 2022. At close, RCB BANK will have total assets of approximately $4.2 billion and 65 branch bank locations in 36 cities throughout Oklahoma and Kansas.
“The acquisition of the ARVEST branch locations will help strengthen our new Vinita market presence and continue our expansion into southeastern Kansas. We look forward to being part of both communities and providing them with the services and products to which they have become accustomed,” said Roger Mosier Pres/CEO of RCB BANK.
Customers of both banks should continue to conduct banking as usual at their respective branches until the transaction closes and the Arvest branches are integrated into RCB BANK banking systems. Customers of the Arvest branches can expect to receive notifications from RCB BANK in advance of the closing with information regarding the conversion their accounts.
RCB Bank is a $4.1 billion community bank with locations across Oklahoma and Kansas. Founded in 1936, RCB Bank is committed to serving its communities with conservative banking practices and progressive banking products. Learn more at RCBbank.com or give us a call at 855.BANK.RCB. Member FDIC, Equal Housing Lender, NMLS #798151.