Bank7 Expands Services with Acquisition of First American Mortgage Company

In a significant move to bolster its mortgage division and enhance customer offerings, Bank7 has officially announced the acquisition of First American Mortgage, Inc. This strategic acquisition marks a pivotal moment for both organizations, aligning them to better serve the diverse needs of homebuyers and businesses in their communities.

First American Mortgage, established over three decades ago, has built a strong reputation as a reliable provider of residential mortgage lending solutions. Under the guidance of Dale Bogle, the company has earned recognition for its tailored lending solutions and outstanding customer service. This acquisition enables Bank7 to leverage First American Mortgage’s extensive expertise and resources to augment its capabilities in the mortgage sector.

Jason Estes, President and Chief Commercial Officer of Bank7, expressed enthusiasm about the partnership. “We’re excited to welcome Dale and his talented team into the Bank7 family,” Estes stated. He emphasized that First American Mortgage has consistently been recognized as a high-performing company, and the joint efforts will enhance service delivery to clients of both institutions. The synergy expected from this merger is anticipated to create a more seamless customer experience in mortgage lending.

Dale Bogle, President and Owner of First American Mortgage, echoed this sentiment, highlighting the potential benefits for clients. “Our commitment to exceptional service and streamlined solutions remains unchanged. Partnering with Bank7 is an opportunity to enhance our services while continuing to focus on our clients and referral partners.” This collaboration signifies a commitment to not only maintaining, but also elevating the standard of mortgage services for existing and future clients.

The acquisition aligns closely with Bank7’s mission to foster growth and innovation within the financial sector. Operating under the principle of community focus, Bank7 aims to establish itself as a leading financial institution that prioritizes the needs of its clients. By integrating First American Mortgage's offerings, the bank strengthens its market position and expands its network of lending professionals, ultimately benefiting a wider customer base.

Headquartered in Oklahoma City, Oklahoma, Bank7 continues to serve an audience spanning Oklahoma, as well as the Dallas/Fort Worth metropolitan area and Kansas. The institution is recognized for its rapid and efficient loan and deposit products, targeting business owners and entrepreneurs. By prioritizing organic growth and strategic acquisitions, Bank7 is well-positioned to enhance its service reach and customer satisfaction.

First American Mortgage’s track record speaks volumes, having facilitated over $3 billion in home financing for approximately 18,000 families since its inception. This collaboration is expected to enable Bank7 to expand its footprint even further, retaining essential services while offering innovative mortgage products.

In conclusion, as both organizations combine their strengths, clients can anticipate enriched services and improved accessibility. This acquisition serves as a clear reflection of Bank7's commitment to innovation and excellence in financial provisioning, ensuring a promising future for clients of both institutions. Together, they are set on a path of enhanced service delivery and broader reach, paving the way for a more robust financial future for residents and businesses in their targeted markets.