Spiro State Bank - Talihina Branch
On September 23, 1988, Spiro State Bank purchased from the FDIC the deposits and certain assets of the former First State Bank of Talihina. The Spiro State Bank opened its new location as the "Talihina Branch". Several longtime employees of the former bank were retained to become officers and employees of the new branch. With this acquisition, Spiro State Bank's deposits grew to over 38
million at the time and total assets exceeding $45 million.
Over the last few years the bank has made several improvements to
its operating systems, such as the new drive-in facilities at Talihina
and a transition to a new computer system at Spiro which serves both
facilities and the bank’s customers. Automatic Teller Machines
have also been added at each bank location.
The Directors of the bank plan to continue with the policies and practices
that have built this bank into one of the best in Oklahoma, both in
service to its customers and the communities it serves. These policies
and practices have further been responsible for its’ five star
rating for many years that is reflected in its’ financial statement
of condition.
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