Mortgage banker sentenced for fraud, ordered to pay resitution

OKLAHOMA CITY — The septuagenarian founder of a mortgage lending and loan servicing company was sentenced to eight and two-thirds years in prison for “a broad range of fraudulent conduct,” Acting U.S. Attorney Robert J. Troester announced.             Ronald J.

Western Bank of Oklahoma puts its money where its mouth is

ELK CITY — Jimmy Harrel and his band of bankers love helping people in their communities, and beyond. Harrel, chief executive officer of Western Bank of Oklahoma, has been a big part of the Elk City and Vici communities since he and his late cousin Donald Harrel bought the bank in the 1980s.

Trust bank employee sentenced for $2.3M embezzlement, tax evasion

OKLAHOMA CITY – An employee of a trust bank was sentenced to two and a half years in federal prison for wire fraud and signing a false federal income tax return in connection with a $2.3 million embezzlement.

Ribbon cutting held for Bank of Commerce

LAWTON – Redcoat Ambassadors with the Lawton-Fort Sill Chamber of Commerce along with business and community leaders met Monday morning to welcome Lawton’s newest banking establishment.

Number of banks shrinks but assets increase

OKLAHOMA CITY – The number of banks in the Sooner State has declined by eight in the past 12 months and by 15 in the last two and a half years, but assets have increased significantly during that period. The Federal Deposit Insurance Corp.

Banking Assets Growth Impetus For New Building

  OKLAHOMA CITY - Phenomenal growth in assets of state-chartered banks has the Oklahoma Banking Department eagerly awaiting construction of a new office building.

Liberty National Bank Has a New Chief Operating Officer

  LAWTON - Liberty National Bank (LNB) recently promoted Taylor Green to Chief Operating Officer. Green began his banking career in 2012 after graduating from Oklahoma State University with a degree in Business Management.