Question 1

What is 1st Bank Hominy?

Accepted Answer

1st Bank Hominy is a locally owned and operated community bank serving Hominy, Oklahoma and the surrounding Osage County area. With approximately $43 million in assets and operating from a single location, the bank provides full-service community banking solutions to families and businesses.

As one of the few remaining locally owned banks in the region, 1st Bank Hominy emphasizes personal relationships with customers, offering updated banking products combined with old-fashioned customer service. The bank's motto reflects its community commitment: "We have roots, not branches."

Question 2

When was 1st Bank Hominy founded?

Accepted Answer

1st Bank Hominy traces its origins to February 10, 1906, when it was founded as the Bank of Commerce by the Mullendore and Edgington families. The bank was established during the Oklahoma oil boom that began in 1904, when increased demand for banking services emerged following the discovery of oil and gas on Osage land.

On April 26, 1911, the Bank of Commerce converted from a state charter to a national charter, changing its name to The National Bank of Commerce. In 1935, The National Bank of Commerce merged with the First National Bank, and on January 15, 1936, the institution changed its name to The First National Bank in Hominy.

The bank received 100-year recognition from the Office of the Comptroller of the Currency in 2011. On December 14, 2016, The First National Bank in Hominy converted to a state-chartered bank and adopted its current name, 1st Bank in Hominy. Descendants of the Mullendore family continue to be actively involved with the bank today.

Question 3

Where is 1st Bank Hominy headquartered?

Accepted Answer

1st Bank Hominy is headquartered in Hominy, Oklahoma, a town located in Osage County. The bank maintains its single office location in the heart of the community it has served for over a century.

Hominy is situated within the Tulsa metropolitan statistical area in northeastern Oklahoma, providing the bank access to both rural and suburban markets.

Question 4

Where does 1st Bank Hominy operate?

Accepted Answer

1st Bank Hominy operates from its single location in Hominy, Oklahoma, serving the local community and surrounding areas of Osage County. The bank's service area includes families and businesses throughout the region.

As a community bank with deep local roots dating back to 1906, 1st Bank Hominy has chosen to focus on providing exceptional service to its home market rather than expanding through multiple branch locations. This approach allows the bank to maintain close relationships with customers who are often friends, neighbors, church members, and community leaders.

Question 5

What services does 1st Bank Hominy offer?

Accepted Answer

1st Bank Hominy offers a comprehensive range of personal and business banking services. Through more than 100 years of operation, the bank has expanded its product offerings to meet evolving customer needs while maintaining personalized service.

The bank provides checking and savings accounts, lending products including consumer loans and mortgages, and modern digital banking services. Customers can access online banking platforms and mobile banking applications for convenient account management.

As a full-service community bank, 1st Bank Hominy combines traditional banking products with contemporary technology, ensuring customers have access to both modern convenience and personal, face-to-face service when needed.

Question 6

What makes 1st Bank Hominy unique?

Accepted Answer

1st Bank Hominy distinguishes itself as one of the few remaining locally owned and managed banks in the region. The institution has maintained continuous family involvement for over 118 years, with descendants of the founding Mullendore family still actively participating in bank operations.

The bank's enduring presence through major historical events—including the Oklahoma oil boom, the Great Depression, multiple banking crises, and economic changes—demonstrates remarkable stability and community commitment. The bank's motto, "We have roots, not branches," encapsulates its philosophy of deep community engagement rather than geographic expansion.

1st Bank Hominy emphasizes knowing its customers personally, understanding their business needs, and providing appropriate financial solutions. Bank employees are described as friends, neighbors, church members, and community leaders who share life experiences with their customers, creating trust and loyalty that extends beyond typical banking relationships.

Question 7

What type of financial institution is 1st Bank Hominy?

Accepted Answer

1st Bank Hominy is a state-chartered commercial bank. After operating as a national bank for 105 years (from 1911 to 2016), the institution converted to a state charter in December 2016.

As a community bank, 1st Bank Hominy focuses on serving the financial needs of local families and businesses with personalized attention and relationship-based banking. The bank operates under Oklahoma state banking regulations and maintains FDIC insurance to protect depositors. This community bank model emphasizes local ownership, local decision-making, and reinvestment of deposits back into the community through loans and services that support local economic development.

1st Bank Hominy

in the United States 🇺🇸

Crypto-Friendliness

All done!

About 1st Bank Hominy in the United States