The Bank of Union was chartered in 1900 and since the beginning has enjoyed stable, local ownership for its entire history. Community ownership means that lending and investment decisions are made locally, best serving the customer and ensuring the community’s financial future. The Bank of Union was one of the first banks established in Canadian County and although much has changed since 1900, The Bank of Union continues to serve its community – offering traditional values, conservative practices and progressive attitudes.
The bank began in 1900 with $10,000 in borrowed capital on the first floor of a two-story, wood-frame building in Union City of Oklahoma Territory, seven years before Oklahoma became a state. In 1910, a brick bank building was built across the street from the Union City school and the bank shared that corner with the school for sixty-seven years. In 1977, The Bank of Union constructed a new building and moved four blocks east to its present location at 206 North Main in Union City, OK. In 1992, The Bank of Union again expanded its operation to El Reno, OK. Today these two locations serve Canadian County and surrounding towns with personal service and strong community involvement.
The Bank of Union has enjoyed more than a century of success because it has never lost sight of the fact that it is a community bank. From the beginning, The Bank of Union has grown by providing one-on-one personal service to its customers, by maintaining the highest standards of integrity and by being progressively alert to changes in the community and the industry.
People, programs and progress are what define community banking. By that definition, The Bank of Union always has been, and will remain, a community bank with deep roots in Canadian County. Contact us today and let us know how we can help you meet your financial goals.