Newspaper article THE JOURNAL RECORD

Stone, Funke to Leade BOK's OKC Operations

Newspaper article THE JOURNAL RECORD

Stone, Funke to Leade BOK's OKC Operations

Article excerpt

Bank of Oklahoma NA selected Wayne D. Stone and Mark W. Funke Thursday to lead its Oklahoma City operation following the resignation of former president James N. Young Jr., who left to join Bank IV Oklahoma NA.

Stone was made president of the central Oklahoma division, and Funke was made executive vice president and chief operating officer.

Young joined Bank IV Tuesday as president of its Oklahoma City operation, which is expected to grow significantly if the purchase of Equity Bank for Savings FA is completed as planned. He cited personal growth as a reason for the move after 21 years with Bank of Oklahoma.

Stone, in his new position, will oversee the 22 Oklahoma City area branches of Bank of Oklahoma.

He also will retain his responsibilities for the bank's community banking division, which includes operation of those branches outside of the Tulsa and Oklahoma City metropolitan areas. He has had that job for about three months. Included in those duties is the management of acquisitions, such as the proposed purchase of Plaza National Bank of Bartlesville, which was announced in December.

"This is a way to maximize me and my familiarity with the market as well as the market's familiarity with me," Stone said of his new position. "I will concentrate on business development and support the lending and other services areas."

Funke will be responsible for all the commercial lending, corporate service functions, administration and support functions for the Oklahoma City area.

George B. Kaiser, chairman and chief executive officer, said the two managers complement each other well.

"The two of them are a superb team. Their skills and talents blend so well."

He said Stone will concentrate on promotion and community involvement, while Funke will have direct responsibility for most direct line functions.

"Wayne will be free to talk with customers and be involved in the community."

Stone had been chairman of the board and president of Founders Bank Trust Co. when he joined Bank of Oklahoma in March 1992 as executive vice president. His move was precipitated by the purchase of Founders by Boatmen's Bancshares Inc. …

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