Category: Financial | Issue: January 2021
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AVB was founded in 1905, two years before statehood. Arkansas Valley National Bank was the original name, named for the fertile valley of the Arkansas River that surrounded it. Threaded through the history of Broken Arrow, AVB has been a survivor, hunkering down during the hard times, while celebrating our successes along the way. Through the continued leadership and involvement of the Brown-Kimbrough family, we’ve based our success on trust, stability, good old-fashioned hard work, and personal service to our valued customers. Customer Testimonials I have been getting top notch experience for over 20 years, through three recessions. I can count on this bank. Kal Desai, Green Country Motel Investments Welcoming and friendly environment to walk into. Great service and I love interacting with people who are happy doing their job! Julie Brown, The Museum Broken Arrow Great bank with great people. AVB is always so helpful to me for my business and personal accounts. Their communication, flexibility, and understanding of my needs is a great example of how this local bank has many advantages over the national banks. I highly recommend them! Jason Scarpa, Scarpa Restaurant Concepts AVB has always been very professional and helpful with our business accounts. Their Business Advisors are on top of the latest info in SBA Funding. Working with AVB has helped us be the successful business we are today. Sherry Newman, Kids Castle Preschool AVB continues to impress me! Everyone from the tellers to their executives have always been extremely helpful to me with my personal interactions and with our business interactions. They are a true partner to our business and a trusted resource. I highly recommend them to anyone looking to have a great relationship with their bank! Eric Kehmeier, Integrated Business Technologies We cannot say enough good about the way that the team at AVB recently handled helping us through the Payment Protection Program! Thanks to their swift work to get everything turned in on our behalf, we have been able to keep everyone employed! We are fairly new customers at AVB so it was definitely not that they were pushing us through because we at Alpha Machine are one of their biggest or longest accounts!!! ... We are extremely grateful especially after reading some of the horror stories that have happened to other small businesses. Lou Ann Amstutz, Alpha Machining Gary King and AVB did an outstanding job getting our PPP loan submitted and approved with the SBA. During these uncertain times its invaluable to have a trusting relationship with your banker. Thanks to Gary and AVB on behalf of Nelson Nissan! Craig Grotts, Nelson Nissan The Executive Team Ted Cundiff, President & Chief Executive Officer, Ted Cundiff's diverse experiences allow him to guide all aspects of AVB Bank's daily operation. Kelley Rash, Chairman Board of Directors, Kelley Rash serves as AVB Bank's Chairman of the Board, a role she assumed in 2001, and is the fourth generation of family leadership for the Bank. Topper Causby, Executive Vice President, Chief Lending Officer, Topper Causby is responsible for AVB’s commercial and consumer lending functions and business development, including maintaining the bank’s high standard for credit quality and growing the loan portfolio. Javier Gamarra, Executive Vice President, Chief Credit Officer, Javier Gamarra is responsible for the Bank's administration and review activities to insure proposed loans adhere to Bank policy and guidelines, insuring that documentation is adequate to secure collateral and maintaining ongoing loan portfolio quality and profitability. Randy Waldrup, Executive Vice President, Chief Financial Officer, Randy Waldrup is primarily responsible for the administrative, financial and risk management operations of the Bank. Kelli Sowell, Executive Vice President, Marketing & PR Director, Kelli Sowell has executive management responsibilities for the marketing, retail and treasury management functions of AVB Bank. Jody Manning, Executive Vice President, Special Projects, Jody Manning is responsible for the daily management of AVB's loan services and plays an integral development role in the Bank's major strategic financial plans. Our Services Personal Checking, Personal Savings & Money Market, CDs, IRAs & CDARS, Personal Loans, Personal Credit Cards, Mobile Services, eStatements, Business Deposits, Treasury Management, Business Credit Cards, Commercial & Small Business Lending, Investments, mortgage AVB was founded in 1905 by investor and land owner, G.A. Brown...two years before Oklahoma statehood! The Bank's original 1905 location, at the corner of Main and Dallas in downtown Broken Arrow, is now the corporate headquarters and one of AVB's four branches. Through the continued leadership and involvement of the Brown-Kimbrough family (now in its fourth generation of active management), the contributions of former presidents K.M. Rowe and Virginia Johnson, and the current management team led by Chairman Kelley Kimbrough-Rash, AVB has grown to over $260M in assets. AVB is committed to helping their clients turn their aspirations and financial dreams into realities. Their dedication is firmly rooted in their goal to provide high-quality, comprehensive financial services in an atmosphere that allows them to get to know you better–your family, your business, your financial goals and your investment needs. Through their relationship with LPL Financial, their clients have access to a wide array of financial and wealth management strategies, including services such as professional money management, retirement and education planning, and investment products including stocks, bonds, mutual funds, annuities and insurance products. LPL Financial is a leading provider of investment and insurance programs to financial institutions across the country, and is a registered broker/dealer and a FINRA member firm. AVB takes its role in the community very seriously. Community service has been a part of their culture for over 100 years. They donate tens of thousands of dollars each year to several local charitable organizations and this year our employees contributed numerous hours of volunteer time serving in various capacities with a variety of organizations in Broken Arrow and Tulsa. Economic Development, Education and the Arts are three of the main focuses of their charitable giving. With a strong commitment to community service, sound lending practices, and providing quality products and services, AVB continues to grow and is looking forward to the next century of being the community bank of choice in Broken Arrow and Tulsa.