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Oklahoma business briefs for Dec. 14, 2012

Oklahoma business briefs for Dec. 14, 2012
Published: December 14, 2012

Bank of Commerce said Wednesday its board of directors appointed Alan Sing as director and executive vice president. Sing has a bachelor's degree in organizational management from John Brown University and a degree from the Graduate School of Banking at Louisiana State University. He has more than 32 years of experience in commercial and executive lending. “We are thrilled to have Alan join our team,” said Joe D. Morris, chairman and CEO. “He is a leader in this industry. His vast banking expertise, commitment, customer focus and ties to the community are a perfect fit with Bank of Commerce's goals. Alan will help the bank grow by expanding our commercial lending portfolio further strengthening our ties to the business community.” Bank of Commerce is a full-service, locally owned bank that has more than $155 million in assets.

IBC prepares Guthrie project

IBC Bank-Oklahoma broke ground on Thursday for a new building for its branch in Guthrie. The new building is scheduled to open in the spring. “Our investment in the Guthrie branch tangibly demonstrates IBC Bank's commitment to providing superior customer service in a modern, welcoming environment,” CEO Tom Travis said. “Our successes have come as a result of an innovative attitude to ‘Do More' for our customers and the communities in which we serve.”

From Staff Reports