Regent Bank recently has opened a new banking center in Executive Center I on the southwest corner of 71st Sreet and Yale Avenue.
This marks the 110-year old bank’s first entry into the Tulsa market and third banking center. It also serves the Nowata and South Coffeyville communities in northeast Oklahoma.
Regent Bank was recently purchased by Regent Capital Corporation, a group of 70 investors, many of who are business owners or executives in the Tulsa area. At the time of the purchase, Regent Capital Corporation deposited an additional $3 million of capital into the bank to solidify its balance sheet and prepare for future growth.
Sean Kouplen, Regent Bank CEO, and Dow Hughes, Regent Bank’s Chairman, organized the investor group. Kouplen has served in executive positions with Tulsa area financial institutions Grand Bank and Citizens Security Bank while Hughes previously served as Executive Vice President of MidFirst Bank.
Members of Regent Bank’s Board of Directors from the Tulsa area include Hughes, Kouplen, Chuck Patterson, Tom Wenrick, Robert Zoellner, Bobby Nelson and Tony Young. Patterson says he was drawn to the vision of the bank. “Sean and Dow are effective leaders who are committed to building a quality organization from top to bottom. We believe Regent Bank will meet a need in the Tulsa market.”
Regent Bank has recruited several banking veterans to join their team. Monte Linihan, 25-year lending veteran, will serve as Chief Credit Officer for the bank while Bruce Adkins, Jed Day and Chris Rector will lead private banking, business banking and real estate lending divisions in the Tulsa market. Stacy Rogers and Danielle Conrad were recruited to lead the Tulsa retail banking team. “Regent Bank is very fortunate to have a strong foundation of banking veterans and board members”, said Hughes. “We couldn’t be happier with our team.”
While Regent Bank will begin with only one Tulsa location, convenience is a major selling point for the bank. “Our business clients should never have to visit the bank”, said Kouplen. “By utilizing remote capture, online cash management, lockbox services, and courier services, our clients can bank with us from their office or home. We are committed to taking all necessary paperwork to our clients for their signature. We know their time is valuable.”
Hughes believes this is the perfect time for Regent to enter the Tulsa market. “In today’s challenging business environment, a strong personal relationship with your banker is critical. We believe our ability to offer quick, local decisions is exactly what Tulsa area business owners need at this time.”