The Chickasha Bank & Trust Company will remain a strong and stable commercial bank. Through a professional, friendly, courteous and knowledgeable staff, we will provide products and services needed by our market in a profitable and people-oriented manner. Our primary trade area encompasses Grady, McClain and Caddo counties. We will aggressively pursue and provide services for business and consumer market segments within our entire trade area.
In 1971, a group of businessmen with a vision met in the Cherokee Room of the Lincoln Plaza Hotel on North Lincoln Boulevard in Oklahoma City, Oklahoma. These men were before the Oklahoma State Banking Commission applying for the approval of a Charter to open a new bank in Grady County. The name of the bank would be ‘Chickasha Bank’ and the bank would be located in Chickasha, Oklahoma. The bank incorporators were Blaire L. Nelson, Joe W. Mosley, John R. Mosley, Charles Allen and Ross McNeill.
On April 12, 1971, the charter was approved. Protests were made by local financial institutions. Even an appeal to the Supreme Court of the State of Oklahoma was made in an attempt to overturn actions granting the Charter.
The bank finally became a reality on March 29, 1973, when it was opened for business, without trust powers, in a temporary facility west of radio station KWCO at the corner of 4th and Grand. Lindel Pettigrew, a native of Alex, Oklahoma, was the president. Chairman of the Board was Charles Allen and Joe W. Mosley was Vice Chairman. Directors in addition to the five incorporators were Donald R. Dunn, L.O. Pace, Donald R. Ferguson, Charles R. Gibson, Wayne Goss, Fred Bassett, W.G. Erwin and Robert J. Hays.
May 17, 1973, climaxed an effort launched two years prior. Responding to the desires and the needs of the people of Grady County for a new bank, a groundbreaking ceremony was held at 1924 S. 4th Street. Preceding the ceremony, the Chickasha High School Band presented a concert and Governor George Nigh gave an address. The ceremony was well attended by area residents. Lindel Pettigrew, President, stated that the Board was committed to provide the people of Chickasha with the most modern and aggressive banking services anywhere. In order to keep their commitment, he announced that the construction of a building with 15,000 sq. feet of floor space would begin immediately with a total investment in fixed assets in excess of $575,000. Barbour-Short Construction Company of Norman, Oklahoma was the low bidder at $375,000.
The banking industry has experienced many changes and Chickasha Bank & Trust Company has been in the center of these changes. In the 1980’s, times were extremely difficult for the banking industry. The bank survived and has enjoyed profitable years. The bank is happy to have banking center locations in Apache, Blanchard, Cement, and our new location in Tuttle. The addition of Washita Mortgage, Inc., a subsidiary of Chickasha Bancshares, Inc., has been profitable. The banking facility and grounds are continually upgraded and maintained. The bank remains loyal to that same commitment made in 1971 to provide the best financial services available.