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Oklahoma business briefs for Aug. 27

Oklahoma business briefs for Aug. 27, 2014
Oklahoman Published: August 27, 2014

Oklahoma briefs

FNB Community Bank honored

FNB Community Bank has won the U.S. Air Force Bank of the Year award for the seventh time. President and CEO Bill Croak said his family and the business have long supported Tinker Air Force Base. The FNB branch inside the base exchange at Tinker is open every day, including weekends and holidays. The bank also operates a branch in Building 3001 on the base and has six ATMs across the base. The bank also offered deferred loan payments and financial assistance for those customers affected by the federal sequester or tornadoes, and has provided a “second chance” loan program for young service members. Bank officials also worked with Tinker Airman and Family Readiness Center to promote Military Saves Week, teaching financial literacy programs for adults and children. “This is a national award and honor that FNB Community Bank works very hard for, and we are extremely proud to have received it each of the seven times,” Croak said. “FNB Community Bank is honored to have worked with and served Tinker Air Force Base military, retired military and DOD civilians for over 60 years and will continue to be committed to a strong and growing partnership with Team Tinker for many years to come.”

Williams Cos. studies project

— The Williams Cos. Inc. is gauging interest in another expansion project on the Transco interstate pipeline. The proposed Diamond East Project would transport natural gas from western Pennsylvania to Transco’s northeast market, which includes distribution companies and power generators in Pennsylvania, New York and New Jersey. The project, which will consist of additional compression and pipeline loops, will cost as much as $800 million, depending on customer interest and volume commitments. “Diamond East is another example of Williams' commitment to add critical infrastructure that will connect growing Transco markets to abundant, economically-priced Marcellus production,” said Rory Miller, senior vice president of Williams' Atlantic-Gulf area. “Unlike competing projects designed to serve the New Jersey market pool, Diamond East is a cost-effective expansion along an existing Transco corridor.”

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