On March 12, 1987, several investors formed Olney Bancshares of Texas, Inc. That holding company purchased its first bank, the First National Bank of Olney in Olney, Texas, soon thereafter. What followed was a series of strategic acquisitions in Texas with the purchase of community banks in Seymour, Coleman, Graham, Breckenridge, Canadian, Childress, Borger, Vega, Stinnett, Panhandle, Follett and Friona.
In 2005, Olney Bancshares chose to diversify its banking operations north of the Red River with purchases in five Oklahoma communities including Oklahoma City, El Reno, Enid, Hennessey and Kingfisher that became known as Rose Rock Bank. In 2007, Olney Bancshares again expanded its holdings with the purchase of InterBank in the western Oklahoma communities of Elk City, Sayre, Clinton, and Hobart, and also Union Bank in Oklahoma City… Continue reading about InterBank here
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