Oklahoma City – Chickasaw Nation Governor Bill Anoatubby chaired groundbreaking ceremonies for the new Chickasaw Community Bank location at 7420 W. Memorial Road. He was assisted by the CEO of Chickasaw Community Bank, TW Shannon, as well as members of the bank’s board of directors, Chickasaw Nation officials and staff.
The new location will enable the bank to better serve existing customers and fulfill the bank’s mission to create a better life for all.
âThe Chickasaw Community Bank has served the Oklahoma City community for more than two decades.
It’s a business that draws on traditional Chickasaw values ââand a good neighbor story to help all Oklahomans who are working to build better lives. “
âToday we are opening a new, bolder and even brighter chapter for the Chickasaw Community Bank. A chapter in which we will become even more involved in the development of Oklahoma City and build on our experience to serve our customers better than ever, âsaid Governor Anoatubby.
“The bank has helped countless people buy houses, save for their children’s tuition, build businesses and give local residents the financial freedom to pursue their dreams,” he said.
“Chickasaw Community Bank has excelled in providing these services and has grown in both size and scale in this community.
Due to this expansion, our bank now needs its own building – a new head office to accommodate our existing employees and to further expand our workforce. “
Bank boss TW Shannon said the groundbreaking ceremony for the new bank headquarters celebrated the Chickasaw people’s centenary.
“The new facility is a high point in Chickasaw history and a continuation of the Chickasaw story, which included the creation of Chickasaw Bank prior to the establishment of the state, and I am proud that Chickasaw Community Bank is a part of that story,” he said .
âAt Chickasaw Community Bank, we really take to heart the idea of ââcreating a better life for everyone and improving the quality of life for the Chickasaw people as a whole. This building is a reminder of Governor Anoatubby’s vision that not only do we serve the Chickasaw people, but We are great neighbors for everyone, âhe said.
Since Shannon took over the helm in 2017, Chickasaw Community Bank has grown 148%, from $ 133 million to $ 331 million in May 2021.
Total capital increased 90% from $ 17 million to $ 33 million over the same period.
Wholly owned by the Chickasaw Nation, Chickasaw Community Bank has been helping small businesses, homeowners, and community members build better lives for nearly two decades. The bank formerly known as Bank2 changed its name to Chickasaw Community Bank in 2020 to better reflect Chickasaw’s values ââand heritage, and the new four-story building will pay homage to Chickasaw culture.
Designed to highlight nature, the building incorporates many native sustainable materials. The stone color will reflect the color palette of the exterior and interior trim materials that express nature and honor the particular colors of the Chickasaw community. The lobby will feature a Chickasaw warrior statue, a symbol of the strength and resilience of the Chickasaw people and the invincible and invincible spirit of the Chickasaw nation.
The nearly 33,000 square meter building will have 79 offices, six conference rooms and a multi-purpose area for training and events and will serve as the bank’s headquarters. The bank employs 200 residents.
The new location in northwest Oklahoma City promises to become an epicenter for trade and commerce in the coming years, Governor Anoatubby said.
“We see potential for economic growth, innovation and infrastructure development in this area and want to be a driving force behind this development.”
Governor Anoatubby said Chickasaw Community Bank is an important part of the tribe’s diverse portfolio of more than 100 corporate holdings, including manufacturing, energy, health, media, technology, hospitality, retail and tourism. The Chickasaw Nation currently supports more than 22,000 jobs and $ 1.2 billion in wages and benefits as part of a $ 3.7 billion annual economic contribution to Oklahoma’s economy.
Business revenue provides the bulk of funding for more than 200 programs and services, including health care, housing, and education for Chickasaw citizens and First Americans.
Chickasaw Community Bank is a full-service financial institution providing a wide range of checking accounts, savings accounts, investment products, mortgages, and lending services to individuals and businesses across the region. Bauer Financial rated the institute as a 5-star bank in 2021 and Seifried & Brew LLC placed the bank in the top 15% of all US banks.
The Daily Oklahoman has named the bank a “Top Place to Work in Oklahoma” six times.
Chickasaw Nation’s involvement in banking began more than a century ago when the Bank of the Chickasaw Nation was founded in the Indian Territory in the historic capital of the Chickasaw Nation, Tishomingo, in the early 1900s.
Former Chickasaw Nation Governor Robert Maxwell Harris was established on Main Street to hold all of the Chickasaw Nation’s funds and was the first bank president. Banking operations began with capital of $ 25,000, which doubled in a matter of days. The two-story Romanesque granite structure has been called “the most beautiful, complete, and safest bench in the two (Choctaw and Chickasaw) territories”.