Keeping pace with new branching powers for thrifts, four national banks in Oklahoma received approval last week from the Office of the Comptroller of the Currency to open offices around the state.

The banks are allowed to open the branches because federal law guarantees national banks the same privileges as their state-chartered competitors. The decision could end up eliminating branching restrictions for all financial institutions in Oklahoma.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.