American State Bank
 
Our Prime Interest Is Our Customer  

Welcome to American State Bank!

IMPORTANT: American State Bank will never call or e-mail a customer to request account or other confidential information.

NOTICE

TO: ALL DEPOSITORS and ALL LOAN CUSTOMERS OF
AMERICAN STATE BANK, TULSA

Dated January 10, 2011

Following the close of business on Friday, February 11, 2011, all deposit and loan customers of American State Bank, Tulsa, will be able to access their deposits and servicing of their loans at Peoples Bank, 445 S. Lewis, Tulsa, Oklahoma, phone number 918.583.9800.  There is no expected interruption of deposit services.  You will be receiving by mail at your registered address with American State Bank, correspondence providing new debit cards from Peoples in the coming weeks leading up to the transfer of deposits and loans to Peoples Bank.

Thus, this location will no longer service deposits and loans after February 11, 2011 and your deposits and loans will be automatically transferred to Peoples Bank at that time. Please be assured that as a depositor with American State Bank, your deposits are insured by the Federal Deposit Insurance Corporation up to the FDIC limits and you will not need to do anything or take any action for either your deposit account or loan to transfer to Peoples Bank and for your deposits to continue to be insured by the FDIC at Peoples Bank

The Board and majority shareholder of American State Bank approved the transfer of the bank’s deposits and loans to Peoples Bank and after public notice, the Oklahoma Banking Department approved the transfer pursuant to Section 1109 of the Oklahoma Banking Code.

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