Question 1

What is Cowboy Bank?

Accepted Answer

Cowboy Bank is a locally owned community bank headquartered in Kremlin, Oklahoma, serving the north-central Oklahoma region. With approximately $351 million in total assets and $300 million in deposits, the bank operates five full-service branches throughout Garfield County and surrounding areas.

Originally founded as Bank of Kremlin in 1900, the institution rebranded to Cowboy Bank in February 2024 following its acquisition by a local Enid family in 2019. The bank specializes in agricultural lending, commercial banking, and personalized community banking services, maintaining a strong commitment to keeping banking local.

Question 2

When was Cowboy Bank founded?

Accepted Answer

Cowboy Bank was originally chartered as Bank of Kremlin in May 1900 in Kremlin, Oklahoma, seven years before Oklahoma achieved statehood. The bank was established to serve the agricultural and commercial needs of the growing frontier community in north-central Oklahoma.

Over its 125-year history, the bank has changed ownership several times. The Zaloudek family purchased controlling interest in October 1976 and guided the bank's expansion across the region. In 2019, a local Enid family acquired the institution, maintaining its community banking focus and local ownership structure.

In February 2024, the bank rebranded from Bank of Kremlin to Cowboy Bank to reflect its expanded regional presence and Western heritage values.

Question 3

Where is Cowboy Bank headquartered?

Accepted Answer

Cowboy Bank is headquartered in Kremlin, Oklahoma, a small town in Garfield County located in the north-central part of the state. The main office is located at 102 6th Street in Kremlin, which has served as the bank's home since its founding in 1900.

While Kremlin remains the official headquarters, the bank has significant operations in nearby Enid, the county seat and largest city in the region.

Question 4

Where does Cowboy Bank operate?

Accepted Answer

Cowboy Bank operates five full-service branch locations throughout north-central Oklahoma, all within the Enid, Oklahoma micropolitan statistical area. The branches are located in:
• Kremlin - Main office at 102 6th Street (headquarters)
• North Enid - 3915 N 4th Street
• Oakwood (Enid) - 430 S Oakwood Road
• Goltry - Main and Broadway
• Drummond - 320 Main Street

All locations serve Garfield County and the surrounding agricultural communities, providing convenient access to banking services across the region.

Question 5

What services does Cowboy Bank offer?

Accepted Answer

Cowboy Bank provides a comprehensive range of personal and business banking services tailored to its rural and small-town customer base. Personal banking services include checking accounts, savings accounts, money market deposit accounts (MMDAs), certificates of deposit (CDs), and individual retirement accounts (IRAs).

The bank offers extensive lending services including personal loans, auto loans, home mortgages, and home equity lines of credit. On the business side, Cowboy Bank provides commercial loans, business checking and savings accounts, cash management solutions, and merchant services.

As a Farm Service Agency (FSA) Preferred Lender, the bank specializes in agricultural lending with a wide range of farm loans and agricultural financing options. Digital banking services include online banking, mobile banking, bill pay, e-statements, and ATM access through Visa and MasterCard debit cards.

Additional services include safe deposit boxes, wire transfers, cashier's checks, notary services, and fraud prevention tools.

Question 6

What makes Cowboy Bank unique?

Accepted Answer

Cowboy Bank distinguishes itself through its unwavering commitment to local ownership and community banking principles, embodied in its "Cowboy Code" - a set of ten guiding principles including "Your word is your bond," "Demand square dealings," and "Take pride in your work." This values-driven approach emphasizes integrity, accountability, and personal relationships.

Unlike many rural community banks that have sold to larger regional or national institutions, Cowboy Bank has maintained its independence and local ownership for over 125 years. The bank's specialization as an FSA Preferred Lender demonstrates its deep expertise in agricultural finance, a critical need in Oklahoma's farming and ranching communities.

With Jerry Barr serving as president since July 1981 (over 44 years), the bank provides exceptional leadership continuity and institutional knowledge. The bank's tagline, "The Future is Local," reflects its commitment to preserving local jobs, supporting community businesses, and resisting consolidation trends in the banking industry.

Question 7

What type of financial institution is Cowboy Bank?

Accepted Answer

Cowboy Bank is a state-chartered community bank regulated by the Federal Deposit Insurance Corporation (FDIC) and the Oklahoma State Banking Department. As a community bank, it focuses on relationship-based banking and serving the specific needs of its local market area.

The bank operates as an independent institution through its holding company structure, maintaining local decision-making authority and community focus. With assets of approximately $351 million, it falls into the category of a small community bank, which allows it to maintain personalized service while offering competitive products and modern banking technology.

Its FDIC certification number is 11526, and all deposits are insured up to applicable FDIC limits.

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About Cowboy Bank in the United States