Started from humble beginnings over 100 years ago Herman H. Reeves sold his only asset for $350; a team of mules. Using these proceeds, Mr. Reeves, Dr. J.P. Lee, L.O. Reeves and C.H. Sharp founded the First State Bank of Gould on March 23, 1910. Organized with only two employees and capital of $10,000, Cattlemens Bank opened for business in a corner of the local General Store.
By 1998, the bank had experienced exponential growth in its customer base, leading to the opening of a second branch in Altus, OK. Simultaneously, the charter was moved from the original location in Gould, OK to Altus, OK, sparking a name change from First State Bank of Gould to Stockmans Bank. Between 2002 and 2010, the continued evolution of customer demand and overall success of the bank led to opening of an additional four branches throughout southwest Oklahoma and Texas. To represent the growth and strong future of the bank, a name change occurred in 2021. The current brand, Cattlemens Bank, combines “Grit” and “Truth” relating back to strong ties to the pioneer spirit and honest values that define the bank, now and always.
Cattlemens Bank remains a family-owned, independent bank with a proud tradition of solid management and integrity upon which it was founded more than a century ago. The reputation established so long ago perseveres and carries with it the inherent qualities of high-quality banking and friendly, involved staff, confident in their ability to exceed customer expectations in every regard.