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REQUEST TO MOVE BANK OF ENID BLOCKED
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An attempt by a northern Oklahoma banking firm to enter a new banking
market was blocked Wednesday by the Oklahoma Banking Board.
The decision was made in the final moments of an all-day hearing
in a conference room packed with bankers and lawyers.
The blocked attempt had been made to stave off further economic
decline at the Bank of Marshall, a $5 million bank serving a
north-central Oklahoma community of about 400 people. The bank had
applied to relocate in Enid, a city of 55,000 people about 23 miles
away.
Bank of Marshall had negative $5,000 in equity capital at Dec.
31, ...
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