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BancFirst Acquires First National Bank and Trust company of Vinita
Monday 22 February 2021

A subsidiary bank of Oklahoma-based financial services holding company BancFirst Corp. (NASDAQ GS: BANF) has assumed assets and liabilities of nationally chartered bank First National Bank and Trust company of Vinita, Oklahoma with USD 285m in total assets, the company said.

Terms of the transaction were not disclosed.

The purchase and assumption is expected to be completed during 2Q21 and is subject to regulatory approval.

BancFirst Corp. operates two subsidiary banks, BancFirst, an Oklahoma state-chartered bank with 107 banking locations serving 59 communities across Oklahoma, and Pegasus Bank, with three banking locations in Dallas, TX.
Details
Date Published: 22/02/2021

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