On March 25, 2021, the Board of Directors of Bank7 Corp. (the “Company”) appointed Teresa L. “Tracy” Dick as a Class III director to fill the vacancy resulting from the death of Lonny Wilson. Ms. Dick will serve for an initial term commencing on her March 25, 2021 appointment and ending at the beginning of the May 20, 2021 Annual Meeting of Shareholders. There were no understandings or arrangements pursuant to which Ms. Dick was appointed as a director. Having been determined by the Board to be "independent" pursuant to Nasdaq rules and additional Company criteria, Ms. Dick was named to serve on the Audit Committee and Corporate Governance and Nominating Committee of the Board of Directors.
Bank7 Corp. is a bank holding company. Through its wholly owned subsidiary, Bank7, it operates twelve full-service branches in Oklahoma, Texas, and Kansas. The Bank is a full-service commercial bank. It focuses on the development of deep business relationships with its commercial customers and their principals. Its consumer lending services include residential real estate loans and mortgage banking services, personal lines of credit, loans for the purchase of automobiles, and other installment loans. It focuses on the loan categories, such as commercial real estate lending, hospitality lending, energy lending, and commercial and industrial lending. The Bank offers deposit banking products includes commercial deposit services, commercial checking, money market, and other deposit accounts, and retail deposit services such as certificates of deposit, money market accounts, checking accounts, negotiable order of withdrawal accounts, savings accounts, and automated teller machine access.