By: Duane Blankenship | Category: Financial Services | Issue: September 2009
The ONB Bank executive management team includes Pat Zimmerman, John Allan, Valarie Land and Steve Schooley.
A merger between Central Bancompany of Jefferson City, Missouri and 21st Century Financial Services – the parent company of Tulsa-based ONB Bank – was finalized in 2007. Central Bancompany made its first purchase in the Tulsa market about five years ago when it bought Community Bank and Trust and then merged with ONB. The merger gave ONB Bank the ability to expand the products and services they offer, and it provided more capital for doing business. Central Bancompany was incorporated in 1970 and provides full-service banking facilities in Oklahoma, Missouri, Kansas and Illinois.
An article in the June, 2009 issue of American Bankers Association Banking Journal listed Central Bancompany as one of the Top 25 Performers of 2008. ONB Bank represents $650 million of the parent company’s $9 billion in assets.
“Although all our affiliate banks operate as local entities, we have the strength and support of our parent company,” explains John Allan, executive vice president and chief lending officer of ONB. The bank has made a commitment to being the leading financial service provider in Tulsa, Stillwater, Edmond, Owasso and Sapulpa, the cities in which they currently operate six full-service banking facilities. They serve the public by providing quality financial solutions and exceptional customer service.
“We value everyone who does business with us, and make it a priority to communicate openly and honestly in an effort to meet each customer’s individual long-term banking needs,” says Allan. “We want to make doing business with ONB a memorable banking experience. If we are able to help our customers achieve their goals, it will ensure that we achieve the bank’s goals as well.”
The ONB executive management team acknowledges that although we live in challenging times, Central Bancompany remains safe and secure because of its strong roots and commitment to prudent banking practices. They are focusing on the future by expanding their banking facilities in high-growth markets and by adding highly specialized positions within the holding company. The synergy between local management teams and the holding company’s resources continues to provide significant opportunities for both the bank and its customers.
ONB has a history of investing in the communities in which their employees live and where the bank does business. They do this through charitable contributions, employee volunteerism and civic leadership. “Our community involvement helps us better understand the needs of our customers,” says Allan.
Local bank management gives ONB the ability to react quickly to the needs of its customers with the flexibility to exceed expectations. The bank’s technology division – with input from strategic business units – designs, builds and maintains state-of-the-art, highly secure systems to ensure that ONB offers cutting-edge financial products. This technology allows them to compete cost-effectively with virtually any financial institution in the country.
ONB is a full-service banking institution and continues to make your banking easier by constantly improving and adding enhanced services. In 2008 they expanded their electronic banking, as more customers expressed the desire to perform banking transactions on the Internet. They also enhanced customer privacy, convenience and security by providing a secure email system.
Employees of ONB have fully accepted responsibility for maintaining the bank’s hard-earned reputation for legendary service. Go online to www.onbbank.com to learn more.
Blankenship graduated from the University of Oklahoma and has enjoyed a lifetime career in advertising. He started his own advertising business in 1993 and enjoys creating graphic art and writing. Hobbies include hunting, fishing and pencil drawings. Duane and his wife, Janice, have been married over 50 years and are active in their church and community. He has been a contributing writer for Value News/Values Magazine since 2005.