The Bank of Union was chartered in 1900 and since the beginning has enjoyed stable, local ownership for its entire history. Community ownership means that lending and investment decisions are made locally, best serving the customer and ensuring the community’s financial future. The Bank of Union was one of the first banks established in Canadian County and although much has changed since 1900, The Bank of Union continues to serve its community – offering traditional values, conservative practices and progressive attitudes.
The bank began in 1900 with $10,000 in borrowed capital on the first floor of a two-story, wood-frame building in Union City of Oklahoma Territory, seven years before Oklahoma became a state. In 1910, a brick bank building was built across the street from the Union City school and the bank shared that corner with the school for sixty-seven years. In 1977, The Bank of Union constructed a new building and moved four blocks east to its present location at 206 North Main in Union City, OK. (This info is from the Bank of Union web site.)
In December 2012, the old building stands boarded up, unused.