On January 24, 2014, The Bank of Union was closed by the Oklahoma State Banking Department. The FDIC was named Receiver. BancFirst, Oklahoma City, OK acquired all deposit accounts.
The FDIC as Receiver for The Bank of Union, El Reno, OK has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on April 27, 2021 and has made all dividend distributions required by law.
Effective August 1, 2021, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.
Receivership Status: TERMINATED
Notice of Termination
Notice of Intent to Terminate
Dividend Information
Press Release
Beware of scams!
Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.
ACQUIRING INSTITUTION: BANCFIRST
About BancFirst
All deposit accounts, excluding certain Cede & Co. brokered deposits, were transferred to BancFirst, Oklahoma City, OK ("assuming institution"). Former The Bank of Union locations reopened as branches of BancFirst.
Your transferred deposits were separately insured from any accounts you may have already had at BancFirst for at least six months after the failure of The Bank of Union.
You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with BancFirst as long as the deposits are not pledged as collateral for loans.
Contacting BancFirst
You can contact BancFirst:
BancFirst
100 N Broadway Ave
Oklahoma City, OK 73102
BancFirst (www.bancfirst.bank)
Transaction Documentation
Purchase & Assumption Agreement
Agreement between FDIC and acquiring institution
Bid Summary
Report on the bids to purchase the failed bank