MidFirst Bank was established in 1911, originally named Oklahoma National Bank & Trust Company of Chickasha. After 86 years of having an incredibly long name, it changed its name to MidFirst Bank. MidFirst Bank is the third largest privately owned bank in the U.S. MidFirst prides itself on its combination of private ownership and size by being able to compete with larger banks yet at the same time giving customers a community banking experience. MidFirst’s specialty is commercial real estate lending and its primary markets are Oklahoma City, Tusla, Western Oklahoma, and Phoenix.
FDIC Certificate #
4063
Bank Charter Class
Savings Association
Asset Concentration
Commercial Lending Specialization
Product Specialty
Commercial, trust, private banking, personal banking, and mortgage banking product and services.
Key Information & News
Number of Branches: 40 offices in the U.S.
Number of Employees: 1,731 employees.
Executives
CEO
Jeff Records
Senior Vice President
Daniel Adams
2008 News
MidFirst Bank secured a $7.8 billion mortgage servicing acquisition which makes MidFirst the fifth largest servicer of FHA/VA loans in the U.S. (June 17th, 2008)
MidFirst Bank announced earnings results for the third-quarter of 2008. For the third quarter, the company reported earnings totaled $74.6 million, which rose 26% compared with $59.4 million for the same period last year.
2009 News
MidFirst Bank Chairman Jeff Records announced that he will succeed CEO Bob Dilg. (January 29th, 2009)
MidFirst Bank reported earnings results for the fourth quarter and full year of 2008. The company's fourth-quarter earnings were $64.8 million, compared with $60.4 million in the same period of 2007. For the year, the company's earnings totaled $277.9 million, up 24% from the past year.
