Bank7's Strategic Expansion through First American Mortgage Acquisition
Bank7's Strategic Acquisition of First American Mortgage
Bank7 is thrilled to announce its recent acquisition of First American Mortgage, Inc., a prominent provider of residential mortgage lending services, further strengthening its mortgage division. This strategic move showcases Bank7's ongoing commitment to delivering top-notch financial solutions to its clients.
With a rich history spanning over 30 years, First American Mortgage has carved its niche in the mortgage industry. Initially established as a trusted leader in the field, it has built a reputation for providing customized lending solutions and outstanding customer service. By combining resources and expertise with First American Mortgage, Bank7 is poised to better serve the diverse needs of individuals, families, and businesses.
Jason Estes, President and CCO of Bank7, expressed excitement about this collaboration, stating, "We're thrilled to expand Bank7 by partnering with Dale and his team. Under Dale's guidance, First American Mortgage has excelled as an attentive and results-driven company. We look forward to working together to enhance service for customers across both firms."
Dale Bogle, President and Owner of First American Mortgage, added, "Our commitment to exceptional service and streamlined mortgage solutions remains steadfast. Joining forces with Bank7 allows us to elevate our offerings while keeping our dedication to clients and referral partners intact. This partnership opens a new chapter and presents exciting opportunities for growth and service enhancement."
The acquisition aligns seamlessly with Bank7's goal of growth and innovation as it seeks to solidify its status as a leading community-focused financial institution. Current customers of both Bank7 and First American Mortgage will enjoy the benefits of combined expertise, improved processes, and a broader network of lending professionals.
About Bank7
Headquartered in Oklahoma City, Bank7 operates twelve branches across Oklahoma, the Dallas/Fort Worth metropolitan area in Texas, and Kansas. The bank is dedicated to serving business owners and entrepreneurs with efficient, consistent, and well-structured loan and deposit products tailored to meet their financial demands. Bank7 aims to grow organically through strategic branch openings in key markets and actively pursues targeted acquisitions.
About First American Mortgage, Inc.
First American Mortgage has served local communities since 1993. Over the past 32 years, the company has facilitated more than $3 billion in funding, aiding approximately 18,000 families in achieving their dreams of home ownership. This impressive track record underscores First American Mortgage’s unwavering commitment to its clients.
Media Inquiries
For any media inquiries, contact Jason Estes, President and CCO, at 405-810-7270. The dedicated team is ready to provide further information regarding this transformative acquisition.
Frequently Asked Questions
What motivated Bank7's acquisition of First American Mortgage?
The acquisition was driven by Bank7's commitment to enhancing its mortgage division and providing comprehensive financial solutions to its customers.
How long has First American Mortgage been in operation?
First American Mortgage has been operating for over 30 years, establishing a solid reputation in residential mortgage lending.
What are the benefits for customers following this acquisition?
Customers will benefit from improved services, a larger network of lending professionals, and combined expertise from both organizations.
Who will be leading the merged operations?
Dale Bogle will continue to lead First American Mortgage as part of this partnership, working closely with Bank7's management to ensure a smooth transition.
What areas does Bank7 serve?
Bank7 operates in Oklahoma, the Dallas/Fort Worth area in Texas, and Kansas, focusing on supporting local business owners and entrepreneurs.
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