Avsb.com
Title
Arkansas Valley State Bank | Broken Arrow, Oklahoma
Description
Arkansas Valley National Bank was founded in 1905 in territorial days, two years before Oklahoma statehood! Founded with help of investor and landowner, G.A. Brown, Arkansas Valley National Bank was named for the fertile valley of the Arkansas River that surrounded it. Upon statehood, the Bank changed to a state charter and became Arkansas Valley State Bank.
Threaded through the history of Broken Arrow, the bank was built on a dusty little street beside the railroad tracks, the lifeblood of the small community for years to come. Arkansas Valley State Bank has been a survivor, hunkering down during the hard times of the Depression, the Dust Bowl, and World War II. Following the war, there was a period of steady progress before the Bank and the community of Broken Arrow literally exploded with exciting, unbelievable growth.
In the mid-1950s, Ivan Brown, a banker in Bixby, moved back to his hometown of Broken Arrow to take over as the institution’s leader. Married to Barbara Brown, Ivan Brown’s daughter, Neely Kimbrough joined Arkansas Valley State Bank as president in the early 1960’s when the bank’s total assets were $2 million. When told by an uncle that the bank would one day be a $10 million bank, Kimbrough laughed. At the time, the statement seemed pretty funny.
Languages
English
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- Alexa: Avsb.com
