Press Release regarding Liberty Federal Savings Bank merger:
For Immediate Release
Great Plains Bank and Liberty Federal Savings Bank Complete Merger
Elk City, OK – Great Plains National Bank (“Great Plains Bank”) has announced the completed merger with Liberty Federal Savings Bank (“Liberty Federal”). Great Plains Bank has continued as the surviving bank.
Great Plains Bank CEO Mark Russell stated, “We’re looking forward to building relationships and doing business in these markets because they have so many agriculture and oilfield service company businesses which we specialize in providing banking services to. Our roots, which stretch all the way back to statehood, are in communities like these, so we’re excited to add Enid, Stillwater and Frisco to the list of places Great Plains Bank calls home.”
Doug Parker has been an employee of Liberty Federal for over 37 years. He will serve as division president, overseeing the Enid, Stillwater and Frisco markets. Parker added, “We’re looking forward to all of the advantages this partnership with Great Plains Bank brings. Our current and future customers will have access to more bank locations, increased lending capabilities, improved technology and a wide range of banking products and services to choose from. We have expanded our team of experienced local lenders and I am looking forward to all the benefits of teaming up with a strong and storied community bank like Great Plains Bank.”
Liberty Federal was established in 1918 and has locations in Enid and Stillwater, Oklahoma and Frisco, Texas. Great Plains Bank has 17 locations in 15 Oklahoma communities. Great Plains Bank also has a full-service mortgage operation, with loan production offices in Oklahoma, Texas and California. Great Plains Bank is committed to providing a level of service that separates itself from its competition. Established in 1907, Great Plains Bank has grown to one of the largest banks in western Oklahoma. Great Plains Bank is a subsidiary of Great Plains Bancshares, Inc. Great Plains Bank is FDIC insured and an Equal Opportunity Lender.