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Citizens Security Bank now Mabrey Bank Citizens Security Bank will change its name to Mabrey Bank in March. Longtime owners the Mabrey family, who live in the Tulsa and Okmulgee areas, will continue to own, manage and be involved in the bank’s daily operations, according to bank officials. Bank CEO Carlisle Mabrey III says several banks in the Tulsa area have names similar to Citizens Security Bank. He hopes the name change will minimize confusion. “We felt now was a good time to move forward with a new name,” he says. The bank’s roots date back to 1906, when Carlisle Mabrey Sr. became a teller and assistant cashier for Citizens Bank in Okmulgee. Years later, he was named chairman of the bank’s
board of directors. In 1966, Carlisle Mabrey Jr. purchased a controlling interest in Citizens Bank, becoming its president and board chairman. The Mabrey family later became full owners of the unrelated Citizens Security Bank & Trust Co. in Bixby, and in 2005 the two banks combined to create Citizens Security Bank. Mabrey said the family’s historical involvement helped determine the bank’s new name. “The Mabrey family has been involved with this bank for four generations,” he says. “We are here to stay. We believe it’s important our customers know that.” Citizens Security Bank has 12 locations throughout Oklahoma, including Tulsa, Bixby, Broken Arrow, Jenks, Glenpool, Haskell,
Mabrey family members include (top row) Bruce Mabrey, Carlisle Mabrey IV, Carlisle Mabrey III, John Mabrey, (bottom row) Scott Mabrey, Marilyn Mabrey Sulivant, Katie Mabrey and Mark Mabrey. Muskogee, Okmulgee, Wetumka and Weleetka. The bank will open a midtown Tulsa location this summer and plans to open an
Oklahoma City office in the near future. For more information, visit www.mabreybank.com.
Primeaux KIA sold to Sullivan-led auto group Primeaux KIA is now Midtown KIA with the sale of the dealership in February. The dealership, located at 4747 S. Yale Ave., had been owned by Henry and Jane Primeaux. The new dealer is Mike Sullivan, who heads an ownership group, Motorists of Tulsa on Yale LLC, that includes Barry Switzer of Norman. Primeaux purchased the former Maupin KIA in 2006. In 2013, the dealership underwent a $2.8 million expansion and renovation to create a state-of-the-art KIA sales and service facility that opened in 2014. Previously, Primeaux established himself in Tulsa as the owner of Crown Auto World from 19912000, selling the Chrysler, Jeep, Buick and BMW brands. The dealership’s location at 4444 S. Sheridan Road was emphasized by Primeaux 32
TulsaPeople MARCH 2015
Henry Primeaux saying, “And Sam’s is still next door,” at the close of each of Crown’s commercials. “It was our joy and privilege to own and operate a dealership in Tulsa for the past 24 years,” Primeaux says. “We have been proud to be a member of the Tulsa business community. We will miss seeing our many customer friends and members of our out-
Mike Sullivan standing dealership team on a regular basis.” Sullivan, a native of Atoka, began his automotive career in 1976 at Adams Chevrolet in Norman. He then joined the Park Place Group in Dallas before opening Mercedes Benz of Houston for the company. He later served with the Fletcher Jones Group in Chicago before becoming an
owner of the KIA dealership in Santa Fe in 2014. “I became very excited about the KIA product and where the brand was going and that thinking — along with a strong desire to return to Oklahoma — made the purchase of the Tulsa dealership a natural for me,” he says. “My wife and I have fallen in love with Tulsa.” Sullivan says his partners are excited about the opportunity of the KIA brand in Tulsa. “Henry Primeaux set up a very good foundation here, including doing a great job building the dealership’s beautiful facility last year. Our building is a KIA Gallery prototype and is one of very few of its type in the United States at this time. We look forward to carrying on the success and maximizing the popularity of the KIA brand.”