Sovereign Bank
FDIC #25738
📍 Shawnee, Oklahoma
Sovereign Bank is a commercial bank, state charter and fed member, supervised by the federal reserve (frb). established in October 29, 1984. With assets of $922.18 Million, it operates 9 domestic branches.
Customer Reviews
N/A ★
Based on 0 ratings
Write a Review
Reviews are moderated before posting. No profanity or personal attacks.
No reviews yet.
Community Reinvestment Act (CRA) Rating
Latest Exam: November 18, 2024
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
November 18, 2024
Satisfactory
💰 Financial Strength
Total Assets$922.18 Million
Total Deposits$776.36 Million
Equity Capital$107.14 Million
Net Income$4.09 Million
📈 Performance
ROA0.62%
ROE5.23%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
EstablishedOctober 29, 1984
FDIC Cert25738
Holding CoN/A
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeJuly 10, 2023
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:00 AM - 6:00 PM
Tuesday8:00 AM - 6:00 PM
Wednesday8:00 AM - 6:00 PM
Thursday8:00 AM - 6:00 PM
Friday8:00 AM - 6:00 PM
Saturday9:00 AM - 1:00 PM
SundayClosed
📜 Institutional History
9999
Name Change
Name became: Changed Institution Name To Sovereign Bank.
9999
Relocation
Moved HQ to: 130 E Macarthur St, Shawnee, OK 74804.
2021
Merger / Acquisition
Acquired: The First State Bank
2006
Merger / Acquisition
Acquired: The Guarantee State Bank
2006
Relocation
Moved HQ to: 130 East Macarthur, Shawnee, OK 74804.