Vision Bank (OK)

Overview / Commentary
101 East Main Street
Ada, OK 74820

Vision Bank (OK) is headquartered in ADA and is the 24th largest bank in the state of Oklahoma. It is also the 1,049th largest bank in the nation. It was established in 1924 and as of March of 2024, it had grown to 216 employees at 10 locations. Vision Bank (OK) has a B health rating.

Reviews (2)

Another Step In The Wrong Direction

On November 5, 2012, we received an email notice from Vision Bank. It is provided below. Not only do we now have to charge a total of $250 per month, (use to be just 10 POS transactions), but their interest rate has dropped to 1%. Vision bank management has been making small changes to the interest rate for years (started out at 4%), and as a result, total deposits have dropped significantly over the last year. This illustrates how such managerial decisions have just the opposite effect than what is desired. Unfortuneately, management is taking another step in the wrong direction. Their latest decision will result in even lower overall deposits and stagnate growth -- if not decline and downsizing in the future.




EFFECTIVE December 1, 2012

Your VIVA checking account is one of the best accounts to be found anywhere and we plan to keep it that way, however, given the historical low interest rate environment, coupled with the large additional expenses we will incur to comply with the new Dodd-Frank Banking bill, we must make some changes to this account. The changes outlined below will be effective December 1, 2012.

Presently, in order to earn the premium interest rate on your account, you must make at least 10 Point of Sale (POS) transactions on the account by the end of each month. This is being changed to a total of $250 in POS transactions per month. You will no longer be required to make the 10 POS transactions per month as long as the total of all of your POS transactions completed each month total at least $250.

As long as you meet the POS requirements, we have been refunding fees incurred for 5 transactions when using non Vision Bank ATMs. Effective December 1, 2012, we are placing a cap on the ATM fees refunded at $15 per month.

Finally, the interest rate paid on this account will be lowered from 2% to 1% APY.





Vision Bank Provides None Of Own Money Or Commercial Instruments

Vision Bank Fails to Disclose to the (Account Holder) that the (Account Holder) Signature Created New credit that is claimed by the Bank as a Loan to the Borrower

Vision Bank Deceives Borrower by Calling Credit a “Loan” when it is a Deposited Asset created by the (Account Holder)
Vision Bank Deceives Public at large by calling this process Mortgage Lending

Vision Bank Provides None of own Money or commercial instruments so the Bank has No Consideration in the transaction and so no True Contract exists.
Vision Bank provided no value or consideration.

Vision Bank Demands (Account Holder) payments without Just Cause, which is Deception, Theft and Fraud
Vision Bank Hides truth from the (Account Holder), not admitting Theft,

Vision Bank is not the Holder in Due Course of the Loan Contract.
Vision Bank has No Consideration, No Risk and No Need for Security.
Vision Bank Exploits (Account Holder) by demanding a Unjust Mortgage.

Vision Bank Deceives (Account Holder) that the Mortgage is needed as Security Mortgage Contract is a second Financial Instrument Created by the (Account Holder) Deposit of the Mortgage Contract is not credited to the (Account Holder) Bank sells the (Account Holder) Mortgage Contract for profit without disclosure or share of proceeds to (Account Holder)

Mortgage Contract Vision Bank Deceives (Account Holder)
that Bank is the Holder in Due Course of the Mortgage Bank Extorts Unjust Payments from the (Account Holder) under Duress with threat of Foreclosure Bank Steals (Account Holder) Wealth by intimidating (Account Holder) to make Unjust and fraudulent

Vision Bank Deceives Court that Bank is Holder in Due Course of Loan Contract and Mortgage. Bank’s Lawyers Deceive and Exploit Court to Defraud (Account Holder)


Health Grade Components

FDIC Certificate #4029
Year Established1924
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.53%
Return on Equity - YTD8.74%
Annual Interest Income$11.9MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$975.2MM$893.5MM
LoansQ1 2024vs Q1 2023$671MM$609.6MM
DepositsQ1 2024vs Q1 2023$839.6MM$768MM
Equity CapitalQ1 2024vs Q1 2023$56.6MM$53.1MM
Loan Loss AllowanceQ1 2024vs Q1 2023$10MM$9MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$8.2MM$7.3MM
Real Estate OwnedQ1 2024vs Q1 2023$0$191K

Sorry, we do not have rate data for Vision Bank (OK).


Cities: Ada, Davis, Durant, Meeker, Norman, Prague, Shawnee, Sulphur

Ada Branches
Vision Bank, National Association101 E Main StAda, OK 74820
Motor Bank Branch1200 East 12th StreetAda, OK 74820
Arlington Center Branch1901 Arlington StAda, OK 74820

Davis Branches
Davis Branch1200 East Main StreetDavis, OK 73030

Durant Branches
Durant Branch2514 University BoulevardDurant, OK 74701

Meeker Branches
Meeker Branch409 South DawsonMeeker, OK 74855

Norman Branches
Vision Bank - Norman Branch901 Wall StreetNorman, OK 73069

Prague Branches
Prague Branch802 Jim Thorpe BlvdPrague, OK 74864

Shawnee Branches
Shawnee Branch4301 N. Harrison StreetShawnee, OK 74804

Sulphur Branches
Sulphur Branch1100 West BroadwaySulphur, OK 73086

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.