Community Bank of Snyder

Community Bank of Snyder was established on May 13, 1905, originally under the name Snyder National Bank. Over the years, the institution underwent several significant changes. On November 5, 2008, it changed its name to Community Bank of Snyder and adjusted its regulatory framework, becoming a state-chartered bank and withdrawing from membership in the Federal Reserve System, subsequently placing its primary regulatory oversight under the Federal Deposit Insurance Corporation (FDIC). On January 1, 2020, Community Bank of Snyder merged with Oakwood Bank, headquartered in Dallas, Texas. The community bank's history concluded on October 1, 2024, when it merged with b1BANK located in Baton Rouge, Louisiana.

Below is a list of some important events in banks history, including mergers and acquisitions.

1905-05-13Institution established. Original name: Snyder National Bank.

2008-11-05Institution withdraws from membership in the Federal Reserve System.

2008-11-05Changed Chartering Agency to State.

2008-11-05Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).

2008-11-05Changed Primary Federal Regulatory Agency to FDIC.

2008-11-05Changed Institution Name to Community Bank Of Snyder.

2020-01-01Merged and became part of Oakwood Bank in Dallas, TX.

2024-10-01Merged and became part of b1BANK in Baton Rouge, LA.