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A Brief History of Alva State Bank & Trust Company

A meeting was held on August 9, 1901, in the office of Harry E. Mason for the purpose of establishing a new bank. After meeting the requirements of the Territory of Oklahoma Banking Department, Alva State Bank received its Certificate of Authority on September 7, 1901. The Mason family remained active in the management of the bank for many years thereafter.

On November 1, 1957, C.W. Wisdom purchased controlling interest in Alva State Bank and served as its president from January 1958 until his death on September 3, 1993. The Wisdom Family continues to play an active and vital role in the leadership and direction of Alva State Bank &Trust Company.

In 1991, Alva State Bank & Trust Company purchased the savings part of State Federal Savings and Loan. Then in 1992, the Enid branch of Chisholm Federal Savings Association was acquired and became the Enid-Chisholm branch of Alva State Bank. The Burlington Branch was opened in 1995.

Alva State Bank & Trust Company and the Wisdom Family are very proud to have been a part of the growth and progress of Alva and of Woods County and look forward to serving the communities of Northwest Oklahoma for many years to come. The directors, officers, and staff wish to thank our loyal customers and friends for your support over the past 100 years.


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