#8. MidFirst Bank (1.90%)

MidFirst Bank
501 NW Grand Boulevard
Oklahoma City, OK 73118
http://www.midfirst.com

 

  1. Background
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.


  1. 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)
2009 News
  • MidFirst Bank Chairman Jeff Records announced that he will succeed CEO Bob Dilg. (January 29th, 2009)

  1. Financial Data Overlay
Bank Financial Snapshots
Assets $14,649.039 millions 12.90%
Liabilities $14,068.856 millions 16.60%
Net Income $277.902 millions 23.90%

 



 

 

 

 

References