Early in the 1840’s; a small settlement began to spring up along a small creek in Indian Territory near the “Three Forks” of the Arkansas, Verdigris and Grand Rivers. The settlement, Coweta, had been named after a Creek Indian settlement in Georgia as the area was largely populated with Creek Indians as a result of the removal and relocation of the Five Civilized Tribes from the East, the journey known as the “Trail of Tears”. In 1843, the Koweta Mission was established near the town by Robert Loughridge. After the Civil War, the Creek Nation was divided into six districts, with Coweta being located in the Coweta District, which encompassed all lands northeast of the Arkansas River. The political center of the district was located in a cabin along Coweta Creek, which was located a quarter of a mile west of present day downtown Coweta. It was along that creek bank that the settlement grew into a thriving community.
Around the turn of the century, Coweta, I.T, had grown into a thriving center of commerce. Five entrepreneurial businessmen, U.G. Phippen, W.S. Vernon, C.C. Hultquist, J. L. Dabbs and Guy Bowman recognized the need for a banking institution in this growing community. On July 13, 1903 The First National Bank of Coweta received its charter and officially opened its doors on July 22, 1903 in a small frame building located on North Broadway. Shortly after opening, the bank was moved into a newly constructed two story banking facility at the corner of Broadway and Sycamore. The First National Bank of Coweta, with a change in name to FNB Coweta in 2019, continues to operate on that same corner today. With the addition of a Drive-Thru facility in downtown Coweta in 1979 and a full service branch facility at Highway 51 and Oneta Road in 2000, the bank has grown with the community and the surrounding area.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
The drum of the realization of the promise is beating, we are sweeping the road to the sky. Your joy is here today, what remains for tomorrow? The armies of the day have chased the army of the night...
NMLS 1795154