Oklahoma Fidelity Bank
Oklahoma Fidelity Bank, a division of Fidelity Bank is committed to providing exceptional customer service to all of our customers. We are dedicated to growing our presence in the great state of Oklahoma and providing customers with a wide array of quality financial services.
The Fidelity Investment Company opened its doors for business in Wichita Kansas in 1905 as a mortgage lender. In 1942 Homer C. Bastian, Kansas's first director of the Federal Housing Administration recognized Wichita's growth potential as a trade area. He left the FHA and purchased one-half interest in Fidelity Investment.
Homer Bastian's son, Marvin, after serving in the Army Air Force during WWII, joined his father at Fidelity as a mortgage counselor in January 1946. Homer and Marvin Bastian purchased the company's remaining stock in 1947. Using their government loan experience, they set out to meet the heavy postwar demand for housing and home loans.
Air Capital Acquisition
In the late 1960's, Marvin Bastian became the chief executive officer of the Fidelity companies. He acquired Air Capital Savings, a $32 million asset savings and loan association, in 1975. Over the next 20 years, the company experienced exceptional growth as a thrift institution known as Fidelity Savings Association of Kansas.
Facilities and Leadership Expand
By the 1980's, Fidelity had outgrown its downtown headquarters at 229 South Market Street in Wichita. Recognizing the importance of a vital downtown area, the Bastians, remained committed to the heart of the city. Next door, at English and Market Streets, Fidelity constructed a $6 million, five-story office building that opened in 1986.
The company's leadership expanded with the addition of Marvin Bastian's sons — Clark in 1976 and Clay in 1980. Clark is CEO and Chairman of the Board of both Fidelity Bank and Oklahoma Fidelity Bank. Clay is president of the holding company, Fidelity Financial Corporation. In 2009 Clark's son, Aaron Bastian, was made President of Oklahoma Fidelity Bank.
Oklahoma Fidelity Bank and Fidelity Bank Today
Since the acquisition of the Air Capital Savings in 1975, Fidelity has grown from $32 million to more than $1.5 billion in assets and over 400 employees in Oklahoma and Kansas. Along with the five convenient locations in the OKC area, we have seventeen locations in Wichita and Derby Kansas; with locations inside Walmarts open seven days a week.
For the organization that began in 1905 as the Fidelity Investment Company, our philosophy has remained the same. Our focus is on the customer and providing them service, convenience and the opportunity to grow financially.