Bank7 Corp. has completed its previously announced merger with Century Financial Services Corporation, a New Mexico-based bank holding company. The transaction became effective at 12:01 a.m., Central Time, on November 1, 2026, following the filing of articles of merger with state authorities in Oklahoma and New Mexico.
Under the terms of the Agreement and Plan of Merger, dated September 16, 2026, Century merged with and into Bank7 Corp., with Bank7 continuing as the surviving entity. At the effective time, each share of Century common stock was converted into a combination of cash and Company common stock. Specifically, shares held by accredited investors were exchanged for approximately $210.41 in cash and 3.7052 shares of Bank7 common stock. Shares held by non-accredited investors were exchanged for $426.53 in cash. Additionally, outstanding phantom stock plan units under the Century Bank 2017 Phantom Stock Plan were converted into a cash payment of $423.56.
Bank7 Corp. operates twelve branches in Oklahoma, the Dallas/Fort Worth area, and Kansas through its subsidiary Bank7. Century Bank, the subsidiary of Century Financial Services, operates eight branches in New Mexico and one loan production office in Dallas. Anne Kain, Century Bank’s existing chief financial officer, has been named the president of Century Bank.
