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Additional information |
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Vision Bank, N.A. |
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Overview:
We are a community bank which opened its doors in Ada, OK in 1901. Vision Bank has grown from a very small beginning to a bank that has over $500 million in assets with six banks in five different communities.
What sets us apart from others is our total focus on the customer experience. Vision Bank's tradition of providing exceptional customer service is the foundation of our bank. As a community member, we also believe in the importance of "giving back" as we continue to serve in civic leadership and philanthropic capacities. We understand you can bank anywhere you choose, but when you are a customer of Vision Bank we promise you will See the Difference!
Our promise is to deliver extraordinary service in a friendly and warm atmosphere by bankers who enjoy what they do as well as truly caring about their customers. We offer cutting edge technology including; ATM's, internet & phone banking, online bill pay, e-statements, extended hours, and now mobile banking to compliment your needs. Vision Bank is also well known for its hallmark "VIVA Free Checking" account that is totally free and pays a very high rate of interest. |
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History:
In 1900, A.B. Dunlap of Shawnee, Oklahoma bought the Southeast corner of Main and Broadway in Ada, Oklahoma, for the First National Bank (101 East Main). Before completion of the First National Bank building in 1901, the bank was opened in Albert Nettles’ hardware store (129 West Main), with U.G. Phippin from Whitewright, Texas, in charge. The bank was acquired by P.A. Norris several years later with Stonewall Jackson (named after the Civil War hero) becoming the President of the bank which he later sold.
On October 30, 1924, because of pending insolvency due to the “Cotton Bust of 1924,” there was a run on the bank. During the run, P.A. Norris stood on a chair in the lobby and made the announcement that he was repurchasing. Based on Mr. Norris’ respected reputation, his announcement stopped the run on the bank. The people of Ada went home with a new found confidence based on Mr. Norris’ ability to recapitalize and run First National. This event renewed the
Norris ownership, which continued until 1981, when controlling interests were sold to C.A. Vose, Jr. In 1990, C.A. Vose, Jr., sold controlling interest in First National Bank to a group of local investors. At this time, the employees were the largest stockholders through the Employee Stock Ownership Plan and Trust. The ESOP has since terminated. To this date, the bank remains locally owned with 500 million in assets, 15 ATMs and five banks and one loan productions office in six communities.
11/1/1924 Institution established. Original name: The First National Bank And Trust Company Of Ada
1/1/2000 Acquired The Prague National Bank in Prague, Oklahoma.
4/4/2005 Changed name to Vision Bank, National Association |
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Formerly known as:
The First National Bank And Trust Company Of Ada |
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