Timothy Abercrombie, Bank Fraud, Oklahoma 2026

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Table of Contents

Bank Employee Sentenced for Defrauding InterBank of $800,000

A shocking case of bank fraud has come to light in Oklahoma, with a former employee sentenced to 18 months in federal prison for defrauding InterBank out of more than $800,000.

Timothy Abercrombie, 43, of Dover, Oklahoma, was employed as a vice president and loan officer at InterBank in Kingfisher, Oklahoma, from May 2019 through February 2024. During his tenure, Abercrombie used customers’ personal identifying information to prepare fraudulent loan applications.

After the loans were approved, Abercrombie deposited the proceeds into checking accounts that he controlled, which were opened in the customers’ names without their knowledge or consent. As a result of the scheme, InterBank suffered a significant loss.

Abercrombie was charged by Information on April 1, 2025, and pleaded guilty to bank fraud on May 15, 2025. He admitted to executing a scheme to defraud InterBank.

At the sentencing hearing on March 2, 2026, U.S. District Judge Bernard M. Jones, II, sentenced Abercrombie to serve 18 months in federal prison, followed by three years of supervised release. The judge also ordered Abercrombie to pay $874,893.39 in restitution.

The case is the result of an investigation by the FBI Oklahoma City Field Office. Assistant U.S. Attorney Danielle London prosecuted the case. The public is urged to remain vigilant and report any suspicious activity to the authorities.

The seriousness of the offense and the need to provide just punishment were noted by Judge Jones in announcing his sentence. The importance of deterring others from committing similar crimes was also emphasized.

Abercrombie’s sentence serves as a stern warning to those who would seek to defraud financial institutions. The public can rest assured that those who commit such crimes will be held accountable for their actions.