Valliance Bank Tower is a skyscraper in the near-northwest Uptown section of Oklahoma City

Oklahoma city

Oklahoma City is the capital and largest city of the U.S. state of Oklahoma.Oklahoma City may also refer to:*Oklahoma City metropolitan area*Downtown Oklahoma City*Uptown Oklahoma City*Oklahoma City bombing*Oklahoma City National Memorial...

, Oklahoma. The tower is 98m and has 22 floors. The signature tower is anchor of the Northwest Business District and is the tallest and most prominent building in Oklahoma City outside of downtown.

History

The tower was originally constructed to be the future home of Penn Square Bank

Penn Square Bank

Penn Square Bank was a small commercial bank located in the rear of the Penn Square Mall in Oklahoma City. The bank made its name in high-risk energy loans during the late 1970s and early 1980s Oklahoma and Texas oil boom. Between 1974 and 1982, the bank's assets increased more than 15 times to...

and was partially completed at the time of Penn Square's dissolution.

Architecture

This bank building was constructed under the direction of the senior officer and board of directors of Penn Square Bank. A local manufacturer acquired this bank's deposits, along with two other failed Oklahoma banks, in the early 1980s. Fourth Financial Corporation of Wichita, Kansas, did due diligence reviews of this bank and obtained copies of architectural materials and commercial real estate appraisals of this bank building in the early 1990s. Fourth Financial Corporation did not elect to purchase this building, which was held by a private investor group.