Alva Review-Courier -

First State Bank of Waynoka and MidTown Financial Ltd. of Edmond are planning to merge, according to a report in the Woods County Enterprise published Oct.5. The bank is expected to remain at the same location in Waynoka with the same employees and offering the same services.

First State Bank was originally opened as Quinlan State Bank in 1907. In March of 1938 Quinlan State Bank merged with Commercial Bank in Waynoka. In 1959, Forrest and Lulu George purchased controlling bank stock, and the bank was re-chartered as the First State Bank of Waynoka.

Michael George is the current president of First State Bank. Steven Rahill is the CEO of MidTown Financial Ltd.

The merger is expected to be completed in the fourth quarter of 2017, subject to the receipt of regulatory approval.