News

10/25/2021

 

Fidelity Bank, N.A. completes acquisition of Yorktown Bank

Fidelity Bank, N.A. has completed the acquisition of Yorktown Bank, including the transitioning of customers and employees to its Oklahoma Fidelity Bank division. The addition of Yorktown’s Tulsa office and two locations in Pryor bring the bank’s Oklahoma footprint to nine offices. With the onboarding of Yorktown Bank, Fidelity Bank’s assets now surpass $2.8 billion.

“We are honored to welcome the Yorktown team members and customers into the Oklahoma Fidelity family,” said Aaron Bastian, President and CEO of Fidelity Bank, N.A. “This is the largest acquisition in the history of our fourth generation, family-owned bank and an important moment of growth.”

The transition to Oklahoma Fidelity Bank is the latest development of efforts that began with the initial purchase of Yorktown Bank in December 2020. Oklahoma Fidelity Bank now operates four offices in and around Tulsa.

“It is an exciting time to be serving the businesses and people of Tulsa and Pryor,” said Jesse West, Director of Commercial Banking. “This entire region is experiencing tremendous growth and aggressive investment across a variety of industries, and we are ready to help fuel this progress and contribute to our newest communities.”

Fidelity Bank, N.A. first began operations in Oklahoma in 2004 with the acquisition of Oklahoma City-based Bridgeview Bank. Since then the Oklahoma Fidelity Bank division has added additional offices in Oklahoma City, Edmond and Tulsa.

The origins of the company date back to 1905 when it opened in Wichita, Kansas as the Fidelity Investment Company. Since the Bastian family purchased the organization in 1947, it has grown dramatically over the nearly 75 years of their multigenerational ownership. Today Fidelity Bank employs more than 500 people across the states of Kansas and Oklahoma.