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In 1990, Kaiser bought Bank of Oklahoma out of Federal Deposit Insurance Corporation receivership. Despite BOK's depressed state, it was rich enough to land Kaiser on the Forbes 400 at one stroke. He has since expanded BOK from a 20-branch company located solely in Oklahoma into a $23.9 billion bank with operations in nine states.
U.S. Bancorp (stylized as us bancorp) is an American multinational financial services firm headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 7th-largest bank in the United States as of 2024. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board.
In Oklahoma Territory, which did not become a state until 1907, Muskogee mayor H.B. Spaulding resigned in 1902 from his position as vice-president of the Territorial Trust and Surety Company, after his Spaulding Mercantile Company was given a charter to found a private bank. Similarly in 1903 several more private banks were founded.
BOK Financial Corporation — pronounced as letters, "B-O-K" — is a financial services holding company headquartered in Tulsa, Oklahoma.Offering a full complement of retail and commercial banking products and services across the American Midwest and Southwest, the company is one of the 50 largest financial services firms in the U.S., [2] and the largest in Oklahoma.
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Sovereignty and an Empty Purse: Banks and Politics in the Civil War (Princeton University Press. 1970). Klebaner, Benjamin J. American Commercial Banking: A History (Twayne, 1990). online; Mason, David L. From Buildings and Loans to Bail-Outs: A History of the American Savings and Loan Industry, 1831–1995 (Cambridge University Press, 2004).
The world's oldest central bank is the Sveriges Riksbank, which was founded in 1668. Banco di Napoli , which was absorbed by different entities between 2002–2018, had origins dating back to 1539, and until its absorption was likely the oldest bank worldwide in continuous operation; some scholars posit that its origins may be dated back to 1463.