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Bank7 Announces Acquisition of First American Mortgage, Inc.

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Bank7 (BSVN) has announced the acquisition of First American Mortgage, Inc., a residential mortgage lending services provider with over 30 years of industry experience. The strategic acquisition aims to enhance Bank7's mortgage division and expand its comprehensive financial solutions.

Under the leadership of Dale Bogle, First American Mortgage has built a strong reputation for providing tailored lending solutions and exceptional customer service. The merger will combine both companies' expertise, streamline processes, and expand the network of lending professionals to better serve customers across Bank7's growing service areas.

Jason Estes, President and CCO of Bank7, expressed excitement about joining forces with Dale's team of professionals, highlighting First American Mortgage's track record of high performance and customer service. The acquisition aligns with Bank7's growth strategy and strengthens its position as a community-focused financial institution.

Bank7 (BSVN) ha annunciato l'acquisizione di First American Mortgage, Inc., un fornitore di servizi di prestito ipotecario residenziale con oltre 30 anni di esperienza nel settore. L'acquisizione strategica mira a potenziare la divisione mutui di Bank7 ed espandere le sue soluzioni finanziarie complete.

Sotto la guida di Dale Bogle, First American Mortgage ha costruito una solida reputazione per la fornitura di soluzioni di prestito su misura e un servizio clienti eccezionale. La fusione unirà l'expertise di entrambe le aziende, semplificherà i processi e allargherà la rete di professionisti del prestito per servire meglio i clienti nelle aree di servizio in crescita di Bank7.

Jason Estes, Presidente e CCO di Bank7, ha espresso entusiasmo per l'unione con il team di professionisti di Dale, sottolineando il record di alta performance e servizio clienti di First American Mortgage. L'acquisizione si allinea con la strategia di crescita di Bank7 e rafforza la sua posizione come istituzione finanziaria focalizzata sulla comunità.

Bank7 (BSVN) ha anunciado la adquisición de First American Mortgage, Inc., un proveedor de servicios de préstamos hipotecarios residenciales con más de 30 años de experiencia en la industria. La adquisición estratégica tiene como objetivo mejorar la división hipotecaria de Bank7 y ampliar sus soluciones financieras integrales.

Bajo el liderazgo de Dale Bogle, First American Mortgage ha construido una sólida reputación por ofrecer soluciones de préstamos personalizadas y un servicio al cliente excepcional. La fusión combinará la experiencia de ambas empresas, simplificará los procesos y ampliará la red de profesionales de préstamos para servir mejor a los clientes en las áreas de servicio en crecimiento de Bank7.

Jason Estes, Presidente y CCO de Bank7, expresó su entusiasmo por unir fuerzas con el equipo de profesionales de Dale, destacando el historial de alto rendimiento y servicio al cliente de First American Mortgage. La adquisición se alinea con la estrategia de crecimiento de Bank7 y fortalece su posición como una institución financiera centrada en la comunidad.

Bank7 (BSVN)는 30년 이상의 업계 경험을 가진 주택 담보 대출 서비스 제공업체인 First American Mortgage, Inc.의 인수를 발표했습니다. 이번 전략적 인수는 Bank7의 모기지 부서를 강화하고 포괄적인 금융 솔루션을 확장하는 것을 목표로 하고 있습니다.

Dale Bogle의 지도 아래, First American Mortgage는 맞춤형 대출 솔루션과 탁월한 고객 서비스 제공으로 강력한 명성을 쌓아왔습니다. 이번 합병은 두 회사의 전문성을 결합하고 프로세스를 간소화하며, Bank7의 성장하는 서비스 지역에서 고객을 더 잘 지원하기 위해 대출 전문가 네트워크를 확장할 것입니다.

Bank7의 사장 겸 CCO인 Jason Estes는 Dale의 전문 팀과 힘을 합치게 되어 기쁘다고 전하며, First American Mortgage의 높은 성과와 고객 서비스 이력을 강조했습니다. 이번 인수는 Bank7의 성장 전략과 일치하며, 지역 사회 중심의 금융 기관으로서의 입지를 강화합니다.

Bank7 (BSVN) a annoncé l'acquisition de First American Mortgage, Inc., un fournisseur de services de prêts hypothécaires résidentiels avec plus de 30 ans d'expérience dans l'industrie. Cette acquisition stratégique vise à renforcer la division hypothécaire de Bank7 et à élargir ses solutions financières complètes.

Sous la direction de Dale Bogle, First American Mortgage a bâti une solide réputation pour ses solutions de prêt sur mesure et son service client exceptionnel. La fusion combinera l'expertise des deux entreprises, simplifiera les processus et élargira le réseau de professionnels du prêt afin de mieux servir les clients dans les zones de service en croissance de Bank7.

Jason Estes, Président et CCO de Bank7, a exprimé son enthousiasme à l'idée de s'associer à l'équipe de professionnels de Dale, mettant en avant le bilan de haute performance et de service à la clientèle de First American Mortgage. L'acquisition s'inscrit dans la stratégie de croissance de Bank7 et renforce sa position en tant qu'institution financière axée sur la communauté.

Bank7 (BSVN) hat die Übernahme von First American Mortgage, Inc. angekündigt, einem Anbieter von Wohnungsbaufinanzierungsdienstleistungen mit über 30 Jahren Branchenerfahrung. Die strategische Übernahme zielt darauf ab, die Hypothekensparte von Bank7 zu stärken und deren umfassende Finanzlösungen zu erweitern.

Unter der Leitung von Dale Bogle hat First American Mortgage einen starken Ruf für maßgeschneiderte Finanzierungslösungen und außergewöhnlichen Kundenservice aufgebaut. Die Fusion wird das Fachwissen beider Unternehmen bündeln, Prozesse optimieren und das Netzwerk von Finanzierungsexperten erweitern, um die Kunden in den wachsenden Servicebereichen von Bank7 besser zu bedienen.

Jason Estes, Präsident und CCO von Bank7, äußerte seine Begeisterung über die Zusammenarbeit mit Dales Team von Fachleuten und hob die Erfolgsbilanz von First American Mortgage in Bezug auf Leistung und Kundenservice hervor. Die Übernahme passt zur Wachstumsstrategie von Bank7 und stärkt dessen Position als gemeindenorientierte Finanzinstitution.

Positive
  • Strategic expansion of mortgage lending capabilities
  • Integration of 30+ years of First American Mortgage expertise
  • Enhanced service network and operational efficiency
  • Retention of experienced leadership team
Negative
  • None.

OKLAHOMA CITY, Feb. 28, 2025 /PRNewswire/ -- Bank7 is privileged to announce the acquisition of First American Mortgage, Inc., a well-established provider of residential mortgage lending services. This strategic move further enhances Bank7's mortgage division and illustrates our continued commitment to delivering comprehensive financial solutions to customers across its growing service areas.

First American Mortgage, Inc. was founded more than 30 years ago, quickly establishing it as a trusted leader in the mortgage industry. Under the leadership of Dale Bogle, First American Mortgage has earned a reputation for delivering tailored lending solutions and exceptional customer service. Today, by leveraging First American Mortgage's expertise and resources, Bank7 is further enhancing its ability to meet the diverse and evolving needs of individuals, families, and businesses in the communities it serves.

"We're excited to expand Bank7 by joining with Dale and his great team of professionals. Under Dale's leadership, First American Mortgage has always been a high touch and high performing mortgage company, and we are honored to move forward together to better serve customers of both companies." said Jason Estes, President and CCO of Bank7.

"First American Mortgage has always been committed to providing exceptional service and streamlined mortgage solutions. Partnering with Bank7 allows us to enhance our offerings while maintaining the same dedication to our clients and referral partners. We're excited for this next chapter and the opportunities it brings," said Dale Bogle, President and Owner of First American Mortgage.

The acquisition aligns with Bank7's commitment to growth and innovation, solidifying its position as a leading community-focused financial institution. Customers of both Bank7 and First American Mortgage, Inc. will benefit from the combined expertise, streamlined processes, and expanded network of lending professionals.

About Bank7

Bank7 is headquartered in Oklahoma City, Oklahoma and operates twelve locations in Oklahoma, the Dallas/Fort Worth, Texas metropolitan area, and Kansas. We are focused on serving business owners and entrepreneurs by delivering fast, consistent, and well-designed loan and deposit products to meet their financing needs. We intend to grow organically by selectively opening additional branches in our target markets and we will also pursue strategic acquisitions.

About First American Mortgage, Inc.

First American Mortgage is locally owned and operated since 1993. With a track record of over 32 years, First American Mortgage has facilitated over $3 billion in funding, assisting approximately 18,000 families in achieving home ownership.

For media inquiries, please contact:

Jason Estes, President and CCO

405-810-7270 | jason.estes@bank7.com 

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SOURCE Bank7

FAQ

What are the terms of Bank7's (BSVN) acquisition of First American Mortgage?

The specific financial terms and transaction value of the acquisition were not disclosed in the announcement.

How will the First American Mortgage acquisition impact Bank7's (BSVN) mortgage services?

The acquisition will enhance Bank7's mortgage division by combining expertise, streamlining processes, and expanding its network of lending professionals.

What is the strategic rationale behind Bank7's (BSVN) acquisition of First American Mortgage?

The acquisition aims to enhance Bank7's mortgage division, expand its financial solutions, and strengthen its position as a community-focused financial institution.

Who will lead First American Mortgage following the Bank7 (BSVN) acquisition?

The announcement indicates Dale Bogle, First American Mortgage's President and Owner, will continue with the combined organization.

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