New Watonga location coming soon!

Bank7 has announced plans to build a new location at HWY 33 and South Noble Ave. in Watonga, Ok.  Bank7 believes in the Watonga community and surrounding towns, and is proud to invest in a new, modern facility which will be replacing the existing branch.  Click here to see more renderings.


Bank7 Corp. Receives Raymond James Community Bankers Cup for Top 10% of U.S. Community Banks of 2022

OKLAHOMA CITY, OK / June 2nd, 2023

Bank7 Corp. (NASDAQ: BSVN), the parent company of Oklahoma City-based Bank7, is pleased to announce continued recognition for outstanding performance, as we have once-again been recognized as a recipient of the annual Raymond James Community Bankers Cup award. Raymond James & Associates is an American Investment Bank and a leader in the global financial services industry.  Each year, Raymond James evaluates all exchange-traded domestic banks between $500 million and $10 billion in assets, and this award recognizes the top 10% of community banks in that category. Of the 216 banks evaluated last year, BSVN was one of 22 banks to be recognized for superior performance, and the only Oklahoma-based bank to receive the award.

The award measures banks in 6 different categories, including asset quality, core deposit strength, net interest margin, efficiency ratio, return on assets, and return on equity. Thomas L. Travis, BSVN President and CEO said, “On behalf of our Board of Directors, all of our team members, and also the customers of Bank7, we thank the Raymond James Company for this award, and we are pleased to once-again be recognized as one of the nation’s top performing banks.”


Jason Estes promoted to President of Bank7

OKLAHOMA CITY, OK / December 2nd, 2022 – Thomas L. Travis, Vice-Chairman and CEO of Bank7 Corp. announced today that Jason Estes has been promoted to President of Bank7, the lead subsidiary of Bank7 Corp.  “On behalf of our Board of Directors, please join me in congratulating Jason Estes on his promotion to President of Bank7.  Over the past several years Jason has continued to learn and grow and has become an invaluable member of the Bank7 team.  His knowledge, leadership, and commitment to excellence in the daily execution of many duties has earned him this position.  I am excited to continue working with Jason as we grow our enterprise,” said Travis.

“It’s an honor to be part of the leadership team at a great company.  I look forward to continuing to work alongside our talented banking teams as we expand our enterprise,” said Estes.

A graduate of The University of Central Oklahoma, Mr. Estes has worked in the Oklahoma banking community for over 20 years and was previously Executive Vice President and Commercial Loan Manager for Bank7.  He and his wife Kristi have three children and reside in Oklahoma City.


Bank7 Corp. Receives Raymond James Community Bankers Cup for Top 10% of U.S. Community Banks of 2021

OKLAHOMA CITY, OK / April 20th, 2022

Bank7 Corp. (NASDAQ: BSVN), the parent company of Oklahoma City-based Bank7, is pleased to announce continued recognition for outstanding performance, as we have once-again been recognized as a recipient of the annual Raymond James Community Bankers Cup award. Raymond James & Associates is an American Investment Bank and a leader in the global financial services industry.  Each year, Raymond James evaluates all exchange-traded domestic banks between $500 million and $10 billion in assets, and this award recognizes the top 10% of community banks in that category. Of the 229 banks evaluated last year, BSVN was one of 23 banks to be recognized for superior performance, and the only Oklahoma-based bank to receive the award.

The award measures banks in 6 different categories, including asset quality, core deposit strength, net interest margin, efficiency ratio, return on assets, and return on equity. Thomas L. Travis, BSVN President and CEO said, “On behalf of our Board of Directors, all of our team members, and also the customers of Bank7, we thank the Raymond James Company for this award, and we are pleased to once-again be recognized as one of the nation’s top performing banks.”


Bank7 Corp. Announces Ed Gray as a new member of its Board of Directors

OKLAHOMA CITY, OK / Feb 11th, 2022 –

The Bank7 Corp. Board of Directors is pleased to welcome Ed Gray as a board member of both the company, and its wholly owned subsidiary, Bank7.  “Ed has had a successful business career, and is well versed in many aspects of finance, especially the health-care space.  We are excited and grateful to have a person of Ed’s caliber and reputation join our Board,” said Thomas L. Travis, President and CEO.

“I am honored to serve on the Board of such a forward-thinking organization.  Bank7 is an institution with strong governance and leadership, and I hope to contribute to its continued success and reputation,” said Gray.

Mr. Gray is a Managing Director at Roaring Fork Capital.  In that capacity, Ed provides guidance for all healthcare related opportunities to include medical real estate, capital equipment and supply chain investments as well as pharmaceutical related investments.  Ed is a seasoned healthcare executive with over thirty years of diversified senior management experience to include significant tenures at Universal Health Services, Tenet Healthcare and HCA. Gray’s most recently served as President/CEO of Healthcare Partners Investments, a multispecialty healthcare company serving patients in Oklahoma City and surrounding communities. Mr. Gray has been intimately involved in the operations and financial management of surgery centers, physician practice management and retail pharmacies along with community hospitals and academic medical centers. He has extensive experience in health-related valuations, complex equity structures and healthcare finance.  Additionally, Mr. Gray earned his undergraduate degree from The Wharton School of the University of Pennsylvania and a Master of Science from Duquesne University. Gray has served on numerous Boards and currently serves on the boards of the American Precious Metals Exchange Inc.(APMEX), Happy Colon Foods Inc, Heartcloud Inc and Tappian Inc.


BANK7 CORP. COMPLETES ACQUISITION OF CORNERSTONE BANK

OKLAHOMA CITY, December 10, 2021 –Bank7 Corp. (NASDAQ: BSVN), announced today that it has completed its previously announced share acquisition of Watonga Bancshares, Inc. the bank holding company of Cornerstone Bank (“Cornerstone”). As a result of the acquisition, Bank7 now has three additional branches on the western edge of the Oklahoma City metropolitan area. The acquisition enhances Bank7’s presence in the Oklahoma City market and brings the total number of Bank7 branches to 12, with 4 in the Oklahoma City metropolitan area.

The acquisition of Cornerstone increases Bank7’s total assets by $254 million to $1.4 billion, increases total deposits by $228 million to $1.2 billion, and increases total loans by $118 million to $1 billion, each as of September 30, 2021.

Thomas L. Travis, President & CEO of Bank7 remarked “We are happy to announce the completion of the Cornerstone acquisition and we look forward to working closely with our new team members and also serving our new customers. The Cornerstone customers will continue to work with their longtime bankers and benefit from their great service. We look forward to a successful integration and also achieving our financial goals to the benefit of all shareholders.”

 


Bank7 Corp. (BSVN) Receives Raymond James Community Bankers Cup for Top 10% of U.S. Community Banks of 2020

OKLAHOMA CITY, OK / May 6th, 2021 –

Bank7 Corp. is pleased to report it has again been recognized for outstanding performance and is the recipient of the seventh annual Raymond James Community Bankers Cup award. The award recognizes the top 10% of community banks across the U.S. and the award is based on various profitability, operational efficiency, and balance sheet metrics. The pool of banks considered for recognition includes all exchange-traded domestic banks, excluding mutual holding companies and potential acquisition targets, with assets between $500 million and $10 billion as of December 31, 2020.

Bank7 Corp. was one of 25 banks chosen for the award and is the only Oklahoma-based bank being recognized.  Of the 241 community banks considered for the 2020 Community Bankers Cup, the top 10% demonstrated superior performance on a relative basis in one or more of the following measurements of financial performance and stability: 1) nonperforming assets to loans and real estate owned, 2) five-year average core deposit percentage, 3) net interest margin, 4) efficiency ratio, 5) return on average assets, and 6) return on average tangible common equity.

Tom Travis, Bank7 President and CEO said, “On behalf of our Board of Directors, all of team members, and customers of Bank7, we are pleased to be recognized as one of the nation’s top performing banks.”


Bank7 Corp. Announces Teresa (Tracy) L. Dick as a new member of its Board of Directors

OKLAHOMA CITY, OK / April 1st, 2021 –

The Bank7 Corp. Board of Directors is pleased to welcome Tracy Dick as a board member of both the company, and its wholly owned subsidiary, Bank7.  “We are pleased to welcome Tracy as a new board member, her financial background and expertise will certainly add value to our organization. We look forward to working with her in her new capacity,” said Thomas L. Travis, President and CEO.

“I am delighted to join the Board of Directors of Bank7. I look forward to working alongside my fellow Board members and company management to continue the success and growth of the bank. I am eager to further assist the team on a strategic level as well as support on the financial front,” said Dick.

Ms. Dick has served as Executive Vice President, Chief Accounting Officer and Assistant Secretary of Diamondback Energy, Inc. (“Diamondback”) since February 2019. Prior to her current position with Diamondback, she served as Diamondback’s Executive Vice President and Chief Financial Officer from January 2017 to February 2019, Senior Vice President and Chief Financial Officer from November 2009 to January 2017, and Corporate Controller since November 2007. Before joining Diamondback, Ms. Dick held a key management position as the Controller/Tax Director at Hiland Partners, a publicly-traded midstream energy master limited partnership. Ms. Dick has over two decades of accounting experience, including public company experience in both audit and tax areas. Ms. Dick received her Bachelor of Business Administration degree in Accounting from the University of Northern Colorado. Ms. Dick is a certified public accountant and a member of the American Institute of CPAs and the Council of Petroleum Accountants Societies.


Bank7 Ranked in Top 100 Best-Performing Community Banks in U.S. for 2020

Bank7 Ranked in Top 100 Best-Performing Community Banks in U.S. for 2020

OKLAHOMA CITY, OK / March 26th, 2021 –

For the ninth consecutive year Bank7 has been ranked as one of the Top 100 Best-Performing Community Banks in the U.S by S&P Global Market Intelligence.  A total of 4,287 banks with assets under $3 billion were evaluated based on six different metrics (read full analysis here). Bank7 is pleased to be recognized once again as a high-performance company and we thank our teammates and customers.


Bank7 Corp. shoots to Top 10 of Oklahoma Inc.’s Top 10 Successful Oklahoma Businesses

BY ELLIE MELERO
FOR THE OKLAHOMAN

Published: Mon, November 16, 2020 11:31 AM

This past year proved to be a successful one for Bank7 Corp. as it landed a spot in Oklahoma Inc.’s Top 10 successful Oklahoma businesses.

The company rose to the spot of No. 10 after not being ranked at all in 2019. It was the only previously unranked business to make the top 28, and it was one of just three businesses in the financial/banking sector to make the list, which is usually dominated by energy companies.

Bank7 Corp. is the bank holding company for the Oklahoma City based Bank7. Bank7 is a full-service bank with locations in Oklahoma, Kansas and Texas. It offers several services, including online banking, and has experience with energy industries, real estate and agriculture.

Thomas Travis, the president and CEO of Bank7 Corp., said the company sticks to the fundamentals as is seeks to return value to its shareholders.

“[We make] smart loan decisions to avoid loan losses and keep expenses low,” Travis said.

This strategy seems to have worked, for Bank7 Corp. was able to be successful even amid a pandemic that has hit many businesses hard.

The company scored the highest in Percent Change in Revenue with a 6.8% change in revenue from 2019 to 2020. This is the third highest in the state. It also earned an 8% return on average equity for 2020, which is the eighth highest in the state.

Bank7 Corp. also had the twelfth highest one year total return on stock and dividends and the 13th highest percent change in earnings per share from 2019 to 2020, although it scored negative in both categories.

“Goals were high return on equity and high return on assets without taking on undue risk” Travis said.

He said the company plans to keep those same goals as it looks to continue its successes next year.

“We stick to tried and true fundamentals,” Travis said, “and we own more stock than any other shareholders, so we are aligned with them to perform at a high level.”

The company has not been without its challenges this year, but as it’s moving forward through the pandemic, Travis is confident Bank7 Corp. will be able to continue delivering on its promises to its customers.

“We avoid excessive risk taking,” Travis said. “And we don’t deviate from our fundamentals, which makes our income very steady and reliable.”


Bank7 receives an A+ Rating and Named in Top 200 Healthiest Banks by DepositAccounts.com for second straight year

Charlotte, N.C., April 13, 2020 — DepositAccounts.com, a subsidiary of LendingTree, has released its list of the 2020 Top 200 Healthiest Banks in America.

Bank7 was ranked #133 out of 5,035 US banks and named one of only five banks in Oklahoma to make the list.

DepositAccounts.com evaluates the financial health of over 10,000 banks and credit unions in the United States once per quarter. To determine bank ranking and recognition, DepositAccounts.com grades each institution on a number of factors, including capitalization, deposit growth, and loan-to-reserve ratios.

“We believe it is important to give consumers a way to evaluate the financial health of their institutions,” said Ken Tumin, founder of DepositAccounts.com. “Our list empowers consumers to make informed decisions when selecting a financial institution.”

For a complete listing of the 2020 Top 200 Healthiest Banks in America, visit https://www.depositaccounts.com/banks/health.aspx.

About DepositAccounts.com

DepositAccounts.com is the largest and most comprehensive online publication in the U.S. dedicated to banking and deposits product information for consumers. It covers every federally insured bank and credit union and utilizes its patented technology to track approximately 275,000 consumer deposit rates, each updated nightly. The site features more than 11,000 editorial articles detailing depository strategies and highlighting current bank rates and offers. It is also home to one of the largest communities of depositors on the Web, hosting more than 100,000 comments, customer reviews, and forum threads.

 


Bank7 sponsors Oklahoma Tribal Finance Consortium 2020

Bank7 was proud to be a corporate sponsor of the Oklahoma Tribal Finance Consortium 2020, an event where community leaders exchange knowledge and experience with the common goal of delivering a sustainable economic vision.
Pictured from left: Bank7 Tulsa Treasury Manager, Trae Hibbard, Bank7 Tulsa President, Andrew Levinson, President and Founder of OTFC, Victor Flores, and Bank7 Tulsa Senior Vice President, Will Woodring.

Bank7 Corp. Expands its Banking Services by adding a Full-Service Branch in Tulsa

OKLAHOMA CITY, OK / January 24th, 2020 –
Bank7 Corp. is excited to announce that it has opened a full-service branch in the Tulsa market. “We are very pleased with the success of the Tulsa Loan Production Office and found that it was only fitting to bring a full-service branch to the Tulsa area. We intend for this new location to allow for an even better customer experience by offering all our products and services to new and existing customers,” said Thomas L. Travis, President and CEO.

“We are excited to move into our new home on 71st street,” added Andrew Levinson, Regional President of Tulsa. “The modernly remodeled 4,000 sq. ft bank will give our customers a feel for what banking should look like in 2020. Our Bank7 Tulsa Team is proud to have worked together in Tulsa for the past 12 years and we provide superior customer service and quick response times for both our business and personal banking customers. While the Bank7 brand is new to the Tulsa market, the team is made up of longtime Tulsa bankers who are determined to make a lasting footprint in the Tulsa market.”


Bank7 and Central Oklahoma Habitat for Humanity Dedicate House

Bank7 and Central Oklahoma Habitat for Humanity present Maria T. and her family with the key to their new home at the recent August dedication. The project came to a close just 3 months after Bank7 sponsored and helped frame the home located in Legacy Estates in OKC.  Pictured is the Bank7 team with members of the Maria T. family.  Shown from left are Bank7 Chairman Brad Haines, Darrell Mathews, Terri Metzger, Lisa Haines, Lanai Berg and Drew Haines.


Bank7 Donates House to Central Oklahoma Habitat for Humanity

Oklahoma City, OK, June 15th, 2019 – Bank7 was proud to donate a full home sponsorship to Central Oklahoma Habitat for Humanity and announce COFHF’s 16th house framing of the year.

Brad Haines, Chairman of Bank7 said, “We love supporting organizations that not only give back to the community but teach those individuals receiving the actual home the skills they need to manage and care for the place they will soon call home.  This is more than just an affordable house, it’s an opportunity to build independence as well as equity.”

The Bank7 team worked all day to frame the house they will dedicate later this year.  Everyone enjoyed working together to give Oklahomans a Hand up!


Bank7 Recognized by DepositAccounts.com in 2019 Top 200 Healthiest Banks in America

Charlotte, N.C., May 17th, 2019 — DepositAccounts.com, a subsidiary of LendingTree, has released its list of the 2019 Top 200 Healthiest Banks in America.

DepositAccounts.com evaluates the financial health of over 10,000 banks and credit unions in the United States once per quarter. To determine bank ranking and recognition, DepositAccounts.com grades each institution on a number of factors, including capitalization, deposit growth, and loan-to-reserve ratios.

“We believe it is important to give consumers a way to evaluate the financial health of their institutions,” said Ken Tumin, founder of DepositAccounts.com. “Our list empowers consumers to make informed decisions when selecting a financial institution.”

For a complete listing of the 2019 Top 200 Healthiest Banks in America, visit https://www.depositaccounts.com/banks/health.aspx.

About DepositAccounts.com

DepositAccounts.com is the largest and most comprehensive online publication in the U.S. dedicated to banking and deposits product information for consumers. It covers every federally insured bank and credit union and utilizes its patented technology to track approximately 275,000 consumer deposit rates, each updated nightly. The site features more than 11,000 editorial articles detailing depository strategies and highlighting current bank rates and offers. It is also home to one of the largest communities of depositors on the Web, hosting more than 100,000 comments, customer reviews, and forum threads.

 


Bank7 Ranked #10 of Top 100 Best-Performing Community Banks in U.S. for 2018

For the eighth straight year Bank7 has been ranked in the Top 100 of Best-Performing Community Banks in the U.S. by S&P Global Market Intelligence.  Bank7 moved up to the #10 spot from #13 (in 2017) and has landed in the top 5 in four of its previous rankings.  4,619 other banks with assets under $1 billion were ranked using six metrics (read full analysis here).  Bank7 is one of only two banks that have consecutively appeared more than any other on the list.


Bank7 Corp. Awarded 2018 Raymond James Community Bankers Cup

OKLAHOMA CITY, OK / March 21st, 2019 –

Bank7 Corp. (NASDAQ: BSVN) announced today it is the recipient of the seventh annual Raymond James Community Bankers Cup award. The award recognizes the top 10% of community banks based on various profitability, operational efficiency, and balance sheet metrics.  The pool of banks considered for recognition includes all exchange-traded domestic banks, excluding mutual holding companies and potential acquisition targets, with assets between $500 million and $10 billion as of December 31, 2018.

Bank7 Corp. was ranked 6th of 26 banks chosen for the award and the only Oklahoma-based bank recognized.  Of the 258 community banks considered for the 2018 Community Bankers Cup, the top 10% demonstrated superior performance on a relative basis in one or more of the following measurements of financial performance and stability: 1) nonperforming assets to loans and real estate owned, 2) five-year average core deposit percentage, 3) net interest margin, 4) efficiency ratio, 5) return on average assets, and 6) return on average tangible common equity.

Tom Travis, Bank7 President and CEO said, “We are pleased to be recognized as one of the nation’s top performing banks.”


Bank7 Names Andrew Levinson as President of Bank7 Tulsa Region

OKLAHOMA CITY, OK / March 14th, 2019 –

Thomas L. Travis, Bank7 President and CEO announced today that Andrew Levinson is named President of the Tulsa Region and member of its Board of Directors. “Bank7 continues to grow, and with Andy leading our efforts, we are very excited about our future and what we can bring to the Tulsa market”.

“I am excited about building a new market from the ground up and joining a high performing company with a forward thinking management team”, said Levinson.

After earning his Bachelors of Business Administration degree in accounting from the University of Tulsa, Mr. Levinson began his career at Deloitte and Touche as an auditor.  He then moved to Bank of America, where he served as a Vice President.  In 2005 Mr. Levinson moved to one of Oklahoma’s largest banks   where he served for 15 years, eventually becoming the President of the Tulsa market.  Mr. Levinson is a third generation Tulsan, and has extensive ties to the community.  He currently serves on the Board of Directors for both the Tulsa Boys Home and The Children’s Hospital at Saint Francis.


Bank7 Donates CPR Training Kit to Woodward High School

OKLAHOMA CITY, March 6, 2019 — As part of the American Heart Association’s CPR in Schools Program, Woodward High School received a CPR training kit for use on their school campus. The kit was made possible through a contribution from Bank7 to help fund AHA’s CPR in Schools program across central Oklahoma.

“Schools are integral parts of our communities and teaching life-saving CPR will help increase bystander CPR across all communities and in turn empower more people to act in an emergency and help save a life,” said Tom Travis, Bank7 President.  “Teaching students CPR before they graduate will put qualified lifesavers in the community, year after year, and we are thrilled to be part of those efforts and continue our support of the American Heart Association.”

The AHA CPR in Schools Training Kit teaches students the core skills of CPR as well as AED skills and choking relief techniques. In just 30 minutes, students can learn the skills and techniques needed to save a life. The CPR in Schools program is an important initiative in the AHA’s pursuit to increase the bystander rate of CPR training in Oklahoma.

“We would like to thank Bank7 for their generous contribution in helping fund our CPR in Schools program,” said Debbie Hite, AHA Senior Executive Director. “CPR, especially if performed immediately, can double or triple a cardiac arrest victim’s chance of survival. We are extremely excited to partner with organizations and schools to start training students in the lifesaving skill.”

More than 326,000 people experience cardiac arrest outside of a hospital each year. About 90 percent of those victims die, often because bystanders don’t know how to start CPR or are afraid they’ll do something wrong.

Beginning with the 2015-2016 school year, Oklahoma now requires CPR training prior to high school graduation. The CPR in Schools bill (HB 1378) was signed into law in May of 2014 making Oklahoma the 16th state to implement the graduation requirement. Central Oklahoma has 224 high schools with over 38,000 seniors that will be CPR-trained on an annual basis.

About American Heart Association
The American Heart Association is devoted to saving people from heart disease and stroke –  the two leading causes of death in the world. We team with millions of volunteers to fund innovative research, fight for stronger public health policies, and provide lifesaving tools and information to prevent and treat these diseases. The Dallas-based association is the nation’s oldest and largest voluntary organization dedicated to fighting heart disease and stroke.