Our commercial accounts are designed to help your business thrive! Whether you are a booming business or just starting out we can help you every step of the way with your transaction accounts. Browse our products on the left or call our friendly new accounts staff at (580) 332-6100 to discuss your options!
All bank depositors who have questions about their insurance coverage can go to www.fdic.gov/deposit/deposits/index.html and use their Electronic Deposit Insurance Estimator (EDIE) or call their toll-free number at 1-877-ASK-FDIC.
New Business Account Opening Procedures
Beginning May 11, 2018, new federal regulations require all banks to ask business customers who are opening an account for the identifying information (name, address, date of birth, social security number) of the business’ “beneficial owners." The rule defines a beneficial owner as:
- Each individual that owns 25 percent or more of the company; and
- One individual that has the authority to exercise control of the business (such as a CEO, executive officer or treasurer)
This information is required under the Bank Secrecy Act and is intended to assist the government and law enforcement in the ongoing fight against money laundering and the financing of terrorism.
Thank you for helping us fulfill this requirement.