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From Valley to Vast

WHY WE ARE CHANGING OUR NAME

Since February of 1982, Valley National Bank has been a locally owned and independent financial institution that has served customers in Northeast Oklahoma and beyond. Our deep roots in the community and commitment to personal service have enabled us to grow alongside our customer base, creating conveniences and solutions to fit each individual’s specific problems and lifestyles.

In 1982, the broad adoption of internet banking and smartphones was decades away. Back then, the decision on where to bank was based mostly on relationships and the convenience of branch locations. Enterprise IT systems were emerging, and as a result, a new focus on delivering innovative banking solutions, such as the drive-thru and ATM, was born.

Since that time, rapid advancements in technology and business have drastically changed what people want from banks, and what banks can do for people. And while digital and mobile solutions have become the driver of access and convenience, personal relationships have never been more valuable in terms of service, expertise, and creative problem-solving. There still isn't an app for that.

“National banks typically focus on developing digital experiences, while regional and community banks focus on solutions built around people. But we think there’s a better way, so we’re positioning ourselves to do both, extremely well.”
– Brad Scrivner, President and CEO

This is why we are becoming Vast, a name that reflects our ever-evolving mission to serve our customers throughout their entire banking journey by building the best digital tools and providing the greatest in-person experiences when and where they matter most.

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Vast Bank Logo
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What Vast Means

Vast implies big thinking and thinking differently. It represents possibility, without barrier or limit, and is indicative of openness. It is both a challenge and a promise internally and to customers that the bank will become something truly staggering in its customer experience and service, in its technology, in its responsiveness, and in its culture to always put the customer in control.

Starting now, our time, energy, and financial resources will be dedicated to building an advanced set of digital capabilities that will further enhance our longstanding commitment to developing personal relationships with our customers. We seek to deliver the ideal blend of high-tech and high-touch for our customers along every step of their financial journey - to be agile and ready for whatever they may need.

This is a fundamental change and we will never be done improving.
We will always be becoming Vast.

Our Mission & Promise

What it Means for Consumers

Our new name, Vast, is a signal of our aspirations and is representative of the customer mindset - one of dreams, opportunity, and pursuit. Simply put, we aim to continually innovate for our customers faster than any other bank of our size for the sole purpose of creating amazing experiences that are worth sharing.

In practice, this means three things:

We will understand customers deeply and come alongside them in their journey.

We have to know the problems people have in order to build tools and experiences that matter. Our new model will leverage both human and technical data to find and solve key customer pain points. As needs change, our deep knowledge of customers will allow us to deliver timely solutions that help get them where they want to go.

We will build authentic relationships with our customers.

Trust is the basis around which all human relationships revolve. Without trust, there can be no relationship. We'll earn and keep the trust of our customers by delivering exceptional solutions, being authentic and sincere, and following through on our promises.

We will embrace constant improvement.

Based on what constant learning about our customers reveals, we will build new tools, products, and experiences. We will closely observe how people use these tools and measure the impact that they make in their lives. This information fuels a process that continually iterates to make our products and services more valuable and seamless for the customer.

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Being the biggest bank is not our goal, but being the best bank is. In order to do this, we'll strive to be the right things at the right times for our customers.
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Our New Corporate Headquarters

A COMMITMENT TO OUR COMMUNITY

On June 15th, 2018, we broke ground on a six story, 100,000 sq. ft. building in Downtown Tulsa that will serve as our new corporate headquarters. In addition to tightly aligning with our long-term strategic plan, we believe having a presence in downtown Tulsa will provide better access to local business owners and the downtown community at large. More importantly, however, it's an opportunity for us to invest in the city we love and call home.

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On June 15, 2018, we broke ground on our new corporate headquarters—a six-story, 100,000 square foot building in downtown Tulsa. Not only does this move align tightly with our long-term strategic plan, we believe it will provide a better connection to local business owners and the downtown community at large. More importantly, however, it's an opportunity for us to invest again in the city we love and call home.

100,000

Square Feet

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For nearly four decades, Vast Bank has invested in the bold dreams of bold Tulsans. And we don’t plan on stopping any time soon—we intend to continue forging partnerships to make good things happen for Tulsa and its people.

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Fall 2019

Projected Completion

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This investment in downtown Tulsa is a strong statement that we are here for the long haul. It is the Biolchini family and Vast Bank stakeholders doubling down on Tulsa. We want to be a part of the growth and success of this incredible city for years to come.

- Tom Biolchini, Chairman