McClain Bank - Norman Branch

Bank serving Norman, OK

About McClain Bank - Norman Branch

McClain Bank, originally chartered as McClain County National Bank in 1922, has been a cornerstone of the Purcell, Oklahoma community for over a century. Founded by John H. Perry, E.L. Sheets, and John H. Wells, the bank initially had total assets of nearly $300,000. Over the years, McClain Bank has expanded through strategic acquisitions, including the Chickasaw National Bank of Purcell in 1927 and several other banks in the following decades.

The Sherman family's involvement began in 1935 and eventually led to complete family control by 1980. The bank continued to grow, purchasing the First National Bank of Purcell and First State Bank of Lexington from the FDIC in 1990. In 2001, the bank rebranded as McClain Bank to prepare for increased presence in Norman and Cleveland County, opening its Norman branch in 2002 and its Noble branch in 2007.

McClain Bank prides itself on being a locally owned and family-operated community bank, dedicated to serving the financial needs of individuals and businesses in Purcell and the surrounding areas. With a history rooted in Oklahoma, McClain Bank offers a range of services, including personal and business banking, as well as mortgage and commercial lending solutions, always focusing on local decision-making and customer service.

Company Information

Founded: 1922
Lender Type: Bank
Headquarters: Purcell, OK

Licensed In

OK

Certifications & Credentials

FDIC InsuredEqual Housing Lender

Digital Capabilities

ONLINE_ACCOUNT_MANAGEMENT
MOBILE_APP

Home Loan Products

Fixed Rate Mortgage

Loan Types:
Conventional
Rate Types:
Fixed Rate
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Manufactured/Mobile HomeCo-opInvestment PropertyVacation/Second HomeTiny HomeModular Home
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Employment Types:
W-2 EmployeeSELF_EMPLOYED1099 ContractorRETIREDINVESTORBUSINESS_OWNER
Income Verification:
FULL_DOCUMENTATION
Credit Tiers:
EXCELLENTGOODFAIRPOORBAD

Government Insured Loans

Loan Types:
FHAVAUSDA
Rate Types:
FIXEDARM
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Manufactured/Mobile HomeCo-opInvestment PropertyVacation/Second HomeTiny HomeModular Home
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Employment Types:
W-2 EmployeeSELF_EMPLOYED1099 ContractorRETIREDINVESTORBUSINESS_OWNER
Income Verification:
FULL_DOCUMENTATION
Special Programs:
FIRST_TIME_HOMEBUYER
Credit Tiers:
EXCELLENTGOODFAIRPOORBAD

Adjustable Rate Mortgage

Loan Types:
Conventional
Rate Types:
Adjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Manufactured/Mobile HomeCo-opInvestment PropertyVacation/Second HomeTiny HomeModular Home
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Employment Types:
W-2 EmployeeSELF_EMPLOYED1099 ContractorRETIREDINVESTORBUSINESS_OWNER
Income Verification:
FULL_DOCUMENTATION
Credit Tiers:
EXCELLENTGOODFAIRPOORBAD

Commercial Loan Products

Commercial Loans

Property Types:
OfficeRetailIndustrial/WarehouseHospitalityLand
Industry Focus:
Agriculture

Contact Information

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Business Information

Category: Bank
Location: Norman, OK
Status: Standard
Founded: 1922
Type: Bank
Profile Views: 11

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