In a reaction to increased online banking and difficulties from the coronavirus pandemic, Arvest Bank of Fayetteville, Arkansas, announced it would close 31 branches of its 270 branch locations – including two in Tulsa.

Arvest Bank will close Tulsa branches at 2019 E. 81st Street and 3233 S. Yale at 5 p.m. on June 30. Branches in Catoosa, Coweta, Muskogee, Sand Springs and Stillwater are on the list of closures.

“The past year has introduced many challenges to the banking industry and accelerated existing trends in consumer preferences and behavior,” Arvest said in a statement. “Most significant for Arvest Bank has been a shift in the balance between branch transactions and digital banking.

“In response to these significant changes in customer banking preferences, Arvest has conducted an in-depth analysis and will make changes to its branch network in 2021.”

According to arvest.com, the branch at 4825 E. 36th Street is temporarily closed. It is not on the list to be closed permanently.

It will close a total of 15 branches in Oklahoma, 12 in Arkansas and four in Missouri. Some are inside Wal-Mart Stores, including one on Rogers, Arkansas.

Some employees will be laid off but the company said it would try to relocate them in other branches.

“Well-trained and committed associates are the pillar of Arvest’s success and it is the bank’s desire to retain as many associates as possible by helping them secure other roles at Arvest locations,” Arvest stated.

About one third of the branches to be closed are not full service and many are in markets where other branches are nearby.

Arvest plans to build eight new facilities and 15 remodeling projects over the next 12-18 months.

The bank also plans to deploy 38 additional ATM with Live Teller machines throughout its network.

These machines allow customers to have face-to-face communication with Arvest tellers via a video screen and complete more types of transactions than a traditional ATM.

They also offer standard ATM capabilities 24 hours a day.

Arvest Closings

Oklahoma

Tulsa

2019 E. 81st Street (in Wal-Mart)

3233 S. Yale (drive-thru only)

Catoosa

19801 Robson Road

Choctaw

14900 S.E. 29th Street

Coweta

11207 S. State Highway 51

Muskogee

333 N. 3rd Street (drive-thru only)

1000 W. Shawnee St.

Oklahoma City

1801 Belle Isle Blvd.

5621 N. Classen Blvd.

7800 N.W. Expressway

6100 W. Reno

Sand Springs

220 S. State Highway 97

430 W. Wekiwa Road, Suite G

(Loan production office)

Stillwater

5215 W. 6th Avenue

Walters

924 W. Missouri St.

(ATM will remain)

Arkansas

Fayetteville

1113 N. Garland

3919 N. Mall

Fort Smith

11808 Highway 71 South

2425 Zero Street

Harrison

700 U.S. Highway 62-65 North

Jonesboro

5205 E. Johnson Avenue

Lead Hill

167 W. State Highway 14

Little Rock

1800 N. Grant Street

Lonoke

1360 N. Center

North Little Rock

3502 JFK Blvd.

Rogers

2110 W. Walnut

Russellville

819 S. Arkansas

Missouri

Joplin

2623 W. 7th Street

Neosho

3200 Lusk Drive

Noel

202 W. Main

(ATM will remain)

Shell Knob

24832 State Highway 39