10 Best Banks in Oklahoma 2024

If you’re one of Oklahoma’s close to 4 million residents and are on the hunt 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 top banks in the Sooner State.

10 Best Banks in Oklahoma

Here are the best banks in Oklahoma that you can open an account with today:

  1. First Citizens Bank
  2. Chase Bank
  3. MidFirst Bank
  4. Bank of America
  5. Bank of Oklahoma
  6. BancFirst
  7. Ally
  8. First National Bank of Oklahoma
  9. Arvest Bank
  10. Oklahoma Fidelity Bank

1. First Citizens Bank

First Citizens Bank is a national bank headquartered in North Carolina.

The bank has over 500 branches across 19 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.

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, and commercial banking services, as well as retirement planning and investment facilities.


  • Accounts with no monthly fees


  • Lower-than-average interest rates


Free Checking Logo

Free Checking

Learn More

2. Chase Bank

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.

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. This account charges a $5 monthly fee that you can avoid if you meet pre-set criteria. You’ll also get 0.01% APY.

Further to checking and savings accounts, Chase Bank also offers credit cards, lending options, investment features, and business banking solutions.


  • International bank with ATMs across the country


  • Low interest

Chase Bank LogoChase Chase Total Checking® $300 April 17, 2024
  • Direct Deposit
see all bonuses

3. MidFirst Bank

MidFirst Bank is a member FDIC bank headquartered in Oklahoma City. It is one of the largest privately owned banks in the country.

MidFirst offers five types of checking accounts, all of which have 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 type of account earns interest at a rate of 0.15% 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.


  • Savings program available to kids under the age of 17
  • Many different accounts to choose from


  • Interest rates paid out on some savings accounts are below the national average

4. Bank of America

Bank of America is a multinational investment bank that services the state of Oklahoma through 11 locations.

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 associated with this account is $4.95, and the bank will waive it should you be 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.


  • Full-service international bank
  • Checking accounts available to teens from the age of 16


  • Monthly maintenance fees
  • interest rates are on the low side

5. Bank of Oklahoma

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.

Bank of Oklahoma offers a range of four checking accounts for different financial needs. Their Free Checking account comes with a free Visa debit card, mobile and online banking access, and no monthly fees. 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.


  • Full-service bank
  • Access to over 450 ATMs
  • Quicksave feature


  • Interest rates on Personal Savings Accounts are below the national average

6. BancFirst

BancFirst is an Oklahoma bank that operates over 100 branch locations within the state.

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 comes with 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.


  • Accounts come with no or low monthly fees
  • Local community-bank feel


  • State bank, which is not ideal for travelers

7. Ally

Ally is an online-only bank that offers an extensive range of products and services through its mobile app and online banking platform.

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 2.25% APY.

Ally also offers Money Market accounts, CDs, a range of personal, home, and auto loans, and investment and retirement options.


  • Higher than average interest rates
  • RoundUps feature to help you save


  • No access to physical bank branches
  • No credit cards

8. First National Bank of Oklahoma

First National Bank of Oklahoma is a truly local state bank serving customers through four locations within state lines.

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. You can earn 0.35% APY on balances above $10, which is paid quarterly.

The bank also offers home, consolidation, bridge, and auto loans.


  • Local bank with over 100 ATMs in the state
  • higher than average interest rates on savings accounts


  • Only four branches

9. Arvest Bank

Arvest Bank is headquartered in Arkansas and operates branches in Kansas, Oklahoma & Missouri.

Arvest offers seven 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 comes with no monthly fees.

Apart from checking and savings accounts, Arvest Bank offers CDs, Money Market accounts, credit cards, home and auto loans, and business and investment banking services.


  • Kids savings account option
  • Above average APY rate on savings accounts


  • Most checking accounts don’t earn interest

10. Oklahoma Fidelity Bank

Oklahoma Fidelity Bank operates four branch locations in the state.

Oklahoma Fidelity Bank offers three types of checking accounts. Their Free Checking Account requires a $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 out 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.


  • Access to a good-sized ATM network
  • Local community feel


  • Interest rates are below the national average

How to Choose the Best Bank in Oklahoma

Finding the best bank for you can be tricky when there are plenty of choices. Here’s what you need to do to choose the bank that meets your needs.

What Are Your Financial Priorities?

Just as banks and credit unions come in all shapes and sizes, so do customers’ wants and needs. Understanding what matters most to you before choosing a financial institution is important.

Should you value state-of-the-art apps and online features, you’re better off choosing a bank at the forefront of digital banking. On the other hand, should you prefer a more personal approach, you’re more likely to gravitate toward the financial services offered by local community banks or credit unions.

Understand Your Spending Habits

Once you’ve clearly defined your financial goals, it’s easier to understand what you need to accomplish to achieve them. Many banks and credit unions have features and savings structures to help you get where you want to be. It’s your responsibility, however, to understand your spending habits and pitfalls to choose the right kind of bank account to get you there.

Compare Banks & Credit Unions

Evaluate what different banks and credit unions offer and look out for hidden fees before choosing a financial institution. It’s good to know that some banks and federal credit unions run introductory offers that you can take advantage of, but don’t get blind-sighted by them. Others also offer referral bonuses to current members should they refer you, so make sure to get the word out to your friends and family.

Read the Terms and Conditions

Read the fine print and review what terms and conditions apply to account holders. Being informed will also help you make better decisions when choosing a bank or federal credit union. Always ensure the bank you go for is FDIC insured for added security.

Frequently Asked Questions

What are the largest banks in Oklahoma?

Chase Bank, MidFirst Bank, Bank of Oklahoma, and Bank of America are larger banks operating within Oklahoma.

What is the most popular bank in Oklahoma?

Banks’ popularity fluctuates and varies depending on the region or community you’re from. Choosing a bank or credit union should hinge on your wants and financial needs instead of how popular the bank is within your community.

What bank has the most branches in Oklahoma?

Many banks operate numerous branches in Oklahoma. However, BancFirst operates over 100 branch locations. Remember that most state banks and federal credit unions concentrate their branches in more populated areas like Oklahoma City, Tulsa, Norman, and Edmond.

Is Bank of Oklahoma a good bank?

Bank of Oklahoma is a subsidiary of BOK Financial Corp, which makes it on the list of the top 25 financial institutions in the United States. The bank offers extensive financial services to accommodate most financial needs. The bank is FDIC insured up to $250,000 and an equal housing lender.

Comments are closed here.