Centennial Bank
- Bank Name:Centennial Bank
- Bank Class:State Chartered - FED Nonmember Bank
- FDIC ID:Certificate #14562 - Inactive
- FED RSSD ID:#973364 - Inactive
History Of Centennial Bank
Centennial Bank, originally established as Hale County State Bank on June 7, 1934, has undergone several name changes and organizational transformations throughout its history. The bank changed its name to Farmers State Bank in Hart, Texas, on February 26, 1987, and subsequently acquired First State Bank in Tulia, Texas, on May 28, 1994. In 1998, the institution became a member of the Federal Reserve System and changed its primary federal regulatory agency to the Federal Reserve (FED). Following this, on December 2, 2003, the bank rebranded itself as HCSB. On January 19, 2013, the institution officially adopted the name Centennial Bank while also moving its main office to Plainview, Texas, after acquiring Citizens Bank in Slaton, Texas, on the same day. The main office was later relocated to 904 Avenue O in Lubbock, Texas, on September 3, 2013. On March 5, 2019, Centennial Bank withdrew from membership in the Federal Reserve System, switched its primary federal regulatory agency to the Federal Deposit Insurance Corporation (FDIC), and changed its bank classification to a state-chartered bank. The bank continued its growth trajectory by merging with Happy State Bank on July 1, 2020, in Happy, Texas, and eventually became part of Centennial Bank in Conway, Arkansas, on April 1, 2022.
Below is a list of some important events in banks history, including mergers and acquisitions.
1934-06-07Institution established. Original name: Hale County State Bank.
1987-02-26Acquired Farmers State Bank in Hart, TX.
1994-05-28Acquired First State Bank in Tulia, TX.
1998-06-11Institution becomes member of the Federal Reserve System.
1998-06-11Changed Primary Federal Regulatory Agency to FED.
2003-12-02Changed Institution Name to Hcsb.
2013-01-19Changed Institution Name to Centennial Bank.
2013-01-19Main Office moved to 201 West 6th Street, Plainview, TX 79072.
2013-01-19Acquired Citizens Bank in Slaton, TX.
2013-09-03Main Office moved to 904 Avenue O, Lubbock, TX 79401.
2019-03-05Institution withdraws from membership in the Federal Reserve System.
2019-03-05Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
2019-03-05Changed Primary Federal Regulatory Agency to FDIC.
2020-07-01Merged and became part of Happy State Bank in Happy, TX.
2022-04-01Merged and became part of Centennial Bank in Conway, AR.
Bank Reviews & Complaints
Submit your comment, review or complaint about Centennial Bank.
If you have an account at Centennial Bank, I would go first thing when the bank opens and pull out your money and close your account! This bank and the people in leadership are so deceptive. The negligence of this bank has caused great harm to my small business and my family. The corruption runs deep. I know I am not alone. The dishonesty and potentially criminal activity by this bank need to be exposed. If you would like to share your story of corruption or negligence by Happy State Bank or Centennial email: Happyiscorrupt@communioncooperative.com and expose what is going on.
This lender completely mishandled my PPP loan causing a burden far beyond what any small business should have to experience in this program. They do not care about small businesses, and they bully anyone who calls out the corruption and use lawyers to intimate because they know small businesses are the weaker party. CEO & President Tracy French and COO John Stephen Tipton called me to discuss my situation. They said they would investigate and call me back. That was June 30, 2023. I never got a call back. Public records show Tracy French has a compensation package of about $1.6m and Stephen Tipton $987,979. I think they could afford to find time to return my call. If your money and business are at this bank you are contributing to their pockets getting deeper while further separating any care for integrity or ethical behavior towards small businesses. They have no problem ignoring the importance of following through on what they discussed they would do and have operated in complete bad faith with my situation with no accountability. The leadership in this bank has no morals but only finds joy when John Allison touts the success of deposits each quarter. As a client at this bank, you are only worth the dollar you have in the bank or what you bring to the bank. They don't care about you, your small business, or the livelihood of your family. If you stay with this bank, it is only a matter of time before you are a victim of their corruption. The first step is to close your account and get out, the second is to email me with your experience and we can work together to expose what is going on and the harm they are causing to mom-and-pop small businesses that are still hurting from the COVID closures.