If you’re one of Oklahoma’s close to 4 million residents and are searching for a new financial institution, this article is for you. Oklahoma is well-serviced by numerous national, state, and local banks and credit unions, so you have plenty of options.
Continue reading for a list of the best banks in Oklahoma.
10 Best Banks in Oklahoma
Here are the best banks in Oklahoma that you can open an account with today:
- First Citizens Bank: Best For No Minimum Balance Requirements
- Chase Bank: Best for a Large Bank Presence
- MidFirst Bank: Best for Large Bank Account Selection
- Bank of America: Opening Bank Accounts Online
- Bank of Oklahoma: Best for Checking Account Selection
- BancFirst: Best for Community Bank Feel With Robust Services
- Ally: Best for Online Banking
- First National Bank of Oklahoma: Best For Local Banking
- Arvest Bank: High CD rates
- Oklahoma Fidelity Bank: Local Banking
See the Best Bank Bonus Offers & Promotions in Oklahoma
1. First Citizens Bank 
Best For: No minimum balance requirements
First Citizens Bank is a national bank headquartered in North Carolina.
The bank has over 550 branches across 21 states. However, it only operates two branch locations in Oklahoma for the time being. One is located in Oklahoma City, while the other is in Norman.
Accounts
First Citizens Bank offers three types of checking accounts. Their Free Checking account charges no monthly fees and has no minimum balance requirements. Unfortunately, the account doesn’t earn interest but comes with overdraft protection.
The bank offers an online savings account with a minimum opening deposit of $50 and no account fees. Interest on this account is 0.03% APY.
First Citizens Bank also offers CDs, money market accounts, loans, mortgages, small business, commercial banking services, retirement planning, and investment services.
Pros:
- Accounts with no monthly fees
- No minimum balance requirements
- Wide selection of accounts
Cons:
- Lower-than-average interest rates
- Only two locations in Oklahoma
2. Chase Bank 
Best For: A large bank presence
Chase Bank is a household name for financial services. They offer over 30 branch locations across the state, including Broken Arrow, Edmond, Midwest City, Tulsa, and Oklahoma City.
Accounts
Chase Bank offers a range of 8 changing accounts tailored to different customer demographics. Their most popular account is their Chase Total Checking Account. This account requires no minimum opening deposit. However, it charges a monthly fee of $12, which the bank waives should you meet its terms and conditions.
The bank has two types of savings accounts on offer. The Chase Savings account charges a $5 monthly fee that you can avoid if you meet pre-set criteria. You’ll also get 0.01% APY.
In addition to checking and savings accounts, Chase Bank also offers credit cards, lending options, investment features, and business banking solutions.
Pros:
- Large number of ATMs
- Many banking products
- The largest bank in the United States
Cons:
- Low interest
- Not many physical branches in OK
Learn More:
| Bank | Bonus | Expires | Requirements | |
|---|---|---|---|---|
 Chase Chase Total Checking® |
$300 | January 22, 2025 |
|
Learn More |
3. MidFirst Bank 
Best For: Large bank account selection
MidFirst Bank is a member FDIC bank headquartered in Oklahoma City. It is one of the largest privately owned banks in the country.
Accounts
MidFirst offers five types of checking accounts, all with access to online and mobile banking features. Their Live Free Checking Account comes with a free customizable Visa debit card, has no monthly maintenance fees but requires a minimum opening deposit of $100.
Customers have access to three types of savings accounts. Their Performance Savings Account requires a minimum deposit of $100 to open and charges a $4 monthly fee if your daily account balance falls below $250. This savings account earns interest at a rate of 0.35% APY.
MidFirst Bank also offers small business and commercial banking, mortgages, personal and home loans, IRAs, Certificates of Deposit, money market accounts, and Community Development Lending.
Pros:
- Savings program available to kids under the age of 17
- Many different accounts to choose from
- Good APYs on savings
Cons:
- Some savings accounts have low APYs
- All accounts require a minimum opening deposit
Learn More:
4. Bank of America 
Best For: Opening bank accounts online
Bank of America is a multinational investment bank that services the state of Oklahoma through 11 locations.
Accounts
BofA offers three types of checking accounts tailored to different needs. The cheapest checking option on offer is their SafeBalance checking account. The monthly maintenance fee is $4.95, and the bank will waive it if you are under the age of 25 or join their rewards program.
BofA offers a single savings account option, which requires a minimum opening deposit of $100. The interest rate is 0.01% APY, and the bank charges a monthly fee of $8, which it will waive if you maintain a daily balance of $500.
Bank of America is a full-service bank. It offers credit cards, debit cards, all sorts of lending options, business banking services, and investment options through Merrill.
Pros:
- Full-service international bank
- Checking accounts available to teens from the age of 16
- Can open accounts online
Cons:
- Monthly maintenance fees
- Interest rates are on the low side
Learn More:
5. Bank of Oklahoma 
Best For: Checking account selection
BOK Financial Corporation is based in Tulsa, Oklahoma, and operates under the name Bank of Oklahoma. It is one of the largest financial institutions in Oklahoma and services the southwestern and midwestern U.S.
Accounts
Bank of Oklahoma offers a range of five checking accounts for different financial needs. Their Access Checking account includes a free Visa debit card, mobile and online banking access, and no monthly fees if you opt into eStatements. The Quicksave tool attached to this account transfers an amount of your choosing to savings every time you make a qualifying purchase.
The bank offers one traditional savings account option as well as one for kids under the age of 18. Their Personal Savings Account charges a $5 monthly fee, which the bank will waive should you meet one of the pre-set criteria. A minimum opening deposit of $50 is required, and APY on this account is 0.05%.
Bank of Oklahoma is a full-service bank. Some financial products on offer are credit cards, mortgages, home loans, auto loans, CDs, IRAs, wealth management, and business banking services.
Pros:
- Full-service bank
- Access to over 450 ATMs
- Quicksave feature
Cons:
- Low APYs on some accounts
- Only one savings account option
Learn More:
6. BancFirst 
Best For: Community bank feel with robust services
BancFirst is an Oklahoma bank that operates over 100 branch locations within the state.
Accounts
BancFirst offers four checking accounts. Their BancFree Checking account is free from account fees or minimum balance requirements.
It comes with a free rewards MasterCard debit card. The account doesn’t earn interest but has various security features, such as identity theft protection.
When it comes to savings accounts, BancFirst has three options available. Their BancFirst Savings Account starts earning interest once it holds more than $100. A monthly maintenance fee of $1 applies should your balance fall below $100.
BancFirst offers an extensive range of financial services, including CDs, IRAs, credit cards, home equity loans, lines of credit, and commercial banking and trust services.
Pros:
- Accounts come with no or low monthly fees
- Local community-bank feel
- Minimum balance requirements
Cons:
- State bank, which is not ideal for travelers
- Small number of ATMs
Learn More:
7. Ally 
Best For: Online banking
Ally is an online-only bank that offers an extensive range of products and services through its mobile app and online banking platform.
Accounts
Ally offers a single checking account option. Their interest checking account pays out interest at a rate of 0.25% APY and charges no monthly fees. This account comes with a RoundUps feature that rounds up transaction amounts to the nearest dollar and transfers the difference to your online savings account.
Their Online Savings account has no minimum opening deposit requirement or monthly maintenance fees. The account has a tiered interest structure which pays out a rate of up to 4.35% APY.
Ally also offers Money Market accounts, CDs, a range of personal, home, and auto loans, and investment and retirement options. They do not have business accounts.
Pros:
- Higher than average interest rates
- RoundUps feature to help you save
- Robust online banking platform
Cons:
- No access to physical bank branches
- No cash deposits
Learn More:
8. First National Bank of Oklahoma 
Best For: Local banking
First National Bank of Oklahoma is a truly local state bank serving customers through four locations within state lines.
Accounts
First National Bank of Oklahoma offers various checking accounts to meet different banking needs. Their NOW Account requires a pre-set opening deposit and charges a monthly fee of $7.50, which the bank will waive should you maintain an account balance of $1,000 or over. This bank account pays out a variable interest rate on balances over $500.
They offer a few savings options, including one traditional savings account. This bank account charges a $3 quarterly service charge for balances below $100.
The bank also offers home, consolidation, bridge, and auto loans, as well as business banking products.
Pros:
- Local bank with over 100 ATMs in the state
- Large checking account selection
- Easy to waive fees
Cons:
- Only four branches
- Monthly fees are high if you don’t waive them
Learn More:
9. Arvest Bank 
Best For: High CD rates
Arvest Bank is headquartered in Arkansas and operates branches in Kansas, Oklahoma & Missouri.
Accounts:
Arvest offers six checking accounts to suit all sorts of personal banking customers. Their Free Blue Checking Account is a non-interest-bearing, fee-free account with overdraft protection. This account also comes with a free Visa debit card, which you may customize with your choice of image.
Arvest Bank offers two savings account options.
Their main savings account requires an opening deposit of $100 and earns interest at a rate of 0.25% APY. The bank charges a monthly fee of $2 for this account; however, the bank will waive this should you maintain a daily balance of $100. Their Cool Blue Savings account is designed for those under 18 years old and has no monthly fees.
Apart from checking and savings accounts, Arvest Bank offers CDs (with great rates), money market accounts, credit cards, home and auto loans, and business and investment banking services.
Pros:
- Kids savings account option
- Above average APY rate on savings accounts
- Low account fees
Cons:
- Most checking accounts don’t earn interest
- Charges out-of-network ATM fees
Learn More:
10. Oklahoma Fidelity Bank 
Best For: Local banking
Oklahoma Fidelity Bank operates four branch locations in the state.
Accounts
Oklahoma Fidelity Bank offers three types of checking accounts. Their Free Checking Account requires a $25 minimum opening deposit, comes with a Visa debit card, and access to mobile and online banking.
The bank offers three types of traditional savings accounts. Their Statement Savings Account requires a minimum opening deposit of $100 and pays interest at 0.05% APY. The account charges a $4 monthly fee should your balance fall below $300.
Oklahoma Fidelity Bank also offers CDs, money market accounts, Health Savings accounts, personal and home loans, and business banking services.
Pros:
- Access to a good-sized ATM network
- Local community feel
- Low minimum deposit requirements
Cons:
- Interest rates are below the national average
- Charges monthly fee if you don’t keep the right balance
Learn More:
How to Choose the Best Bank in Oklahoma
At BankBonus.com, we’re committed to providing consumers with the resources they need to select a bank or credit union.
Here’s an overview of the steps we recommend our readers take to choose a bank:
- Understand different types of banks: You have access to traditional banks, online banks, credit unions, and neobanks. It’s important to understand the differences between them and determine which type of institution aligns best with your preferences.
- Choose the right account: Checking, savings, money market, and certificate of deposit accounts are the most common types of bank accounts. Understand what each offers and choose a bank with the type of account(s) you need.
- Look for low-fee banks: Account fees can add up quickly. As you compare bank accounts, look for an account that doesn’t charge unavoidable monthly maintenance fees, overdraft fees, and ATM fees.
- Consider branch and ATM access: If having access to branches matters to you, choose a bank with physical locations. Regardless, you should prioritize banks that have a vast ATM network or reimburse ATM fees.
- Compare account features: Determine which features you’re looking for. A few common bank account features to consider are interest, cashback, mobile features, cash deposits, and minimum account balance requirements.
- Check out reviews and ratings: It’s crucial to pick a reputable bank. To get an idea of a bank’s customer experience, you can read expert reviews and look to sources like TrustPilot, the Better Business Bureau, and J.D. Power.
- Read the fine print: Don’t sign up for an account without understanding the terms and conditions. Make sure the account is FDIC or NCUA insured and get a sense of its requirements, fees, and expiration dates for bank bonuses.
- Look at the bank’s additional products: If you want to manage all of your finances under one roof, look into each bank’s additional products. A lot of banks also offer credit cards, wealth management, investment accounts, and loans.
Read our full guide to choosing a bank here.
Our Methodology
The BankBonus team has analyzed dozens of banks to provide our readers with thoroughly informed and accurate reviews. We evaluated digital financial platforms, online banks, regional banks, and national banks with a presence in Oklahoma.
Our assessment of each bank factors in these considerations:
- Product lineup: We review the types of accounts, loans, and services offered by each bank, as well as the number of accounts.
- Fees and pricing: We also consider each institution’s fees, including monthly maintenance fees and other service charges.
- Account features: To compare banks, we take a close look at the features, limits, and capabilities each one has to offer.
- Interest: Along with these features, we consider whether or not the bank offers interest-bearing accounts and compare their rates to industry averages.
- Brand reputation: The bank accounts we recommend have been carefully vetted to ensure they are legitimate, secure, and backed by FDIC insurance.
- User experience: Additionally, we consider the ease of use and availability of resources on each bank’s website and factor in reviews of the mobile app from the Apple App Store and Google Play Store.
- Branch and ATM access: To gauge convenience, we also look at each bank’s branch and ATM availability and consider their ATM reimbursement policies.
- Customer service: In our review process, we also explore their customer service channels, hours of availability, and third-party reviews.
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