Chickasaw Community Bank has appointed Bill Schonacher as its new Chief Executive Officer, effective March 4. Schonacher is a 32-year veteran of the banking industry in Oklahoma, who previously served as CEO of IBC Bank Oklahoma for 10 years.

Schonacher will lead Chickasaw Community Bank towards a new era of growth and continued community engagement, leveraging his deep understanding of commercial lending, business and retail banking, and the state’s economic sectors.

“Bill is a seasoned banking expert who brings a deep understanding of commercial lending as well as business and retail banking to our market,” said Chickasaw Nation Governor Bill Anoatubby. “His extensive expertise in banking and his capability for enhancing existing services and adding new service offerings into our business model make him the ideal leader for Chickasaw Community Bank.”

Schonacher is also widely known throughout the state as a very capable banker and civic leader, with numerous volunteer efforts and board memberships. He has been recognized as one of Oklahoma’s “Most Admired CEOs” and one of the “55 Over 55 Inspiring Oklahomans”.

“I am honored to be chosen to lead Chickasaw Community Bank, a bank that values not just financial success but also the well-being and growth of the communities we serve. Together, with the support of our dedicated team, we will continue to build on the bank’s strong foundation while forging new paths in community engagement and economic development,” Schonacher said.

Chickasaw Community Bank, formerly known as Bank2, was established in 2002 and has grown its assets from $9 million to $447 million. The bank has a strong focus on mortgage lending, especially for First American Home loans, and has recently opened a new branch in Oklahoma City. The bank is owned by the Chickasaw Nation, one of the largest and most progressive Native American tribes in the United States.

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