Arvest Bank Acquires Caney Valley Bancshares

Arvest Bank has acquired Caney Valley Bancshares Inc. and its wholly owned subsidiary, Caney Valley National Bank.
Caney Valley National Bank began operating as Arvest Bank Jan. 6.
Hal Taylor, chairman of Caney Valley Bancshares and its Caney Valley National Bank subsidiary, said the merger allows customers to have a better banking experience by increasing their banking network and products offered.
“We want our local customers to be able to utilize and access all of the banking services that a larger institution such as Arvest can make available,” he said.
David Kedy, Arvest president, said Caney Valley National Bank fits into the Arvest family as a well-run community bank.
“Many Arvest customers live in the Caney area and commute into Bartlesville to work, so the acquisition allows Arvest to better serve those customers’ needs,” Kedy said. ?

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