MidFirst Bank | banks in the United States

MidFirst Bank is a privately owned financial institution based in Oklahoma City, Oklahoma. It is the largest privately-owned bank in the United States, with $32.1 billion in assets. Its primary markets include Oklahoma, Denver, Phoenix, and Dallas, with commercial lending offices in Atlanta,

Boston, Chicago, Cleveland, Houston, New York City, St. Louis, and Southern California. MidFirst-Bank has banking centers in Boulder and Edwards, Colorado. Additionally, the bank operates 1st Century Bank of Los Angeles as a division of MidFirst-Bank and MidFirst Business Credit of Atlanta as a subsidiary of MidFirst-Bank.

 

 

MidFirst Bank | banks in the United States

 

History of MidFirst Bank

The Midland Group began in 1954 when W.R. Johnston, an Oklahoma banker, purchased a 50% share in Midland Mortgage Company, an Oklahoma City-based company that had been formed four years earlier. Today, the family owns 100% of the Midland Group. In 1982, Midland Financial Co. purchased a recently formed charter bank in Stilwell, Oklahoma, named it MidFirst-Bank, and moved it to Oklahoma City.

In 2009, MidFirst-Bank acquired Community Bank of Arizona and Union Bank, both headquartered in the Phoenix metro area. In 2015, MidFirst-Bank acquired Denver-based Steele Street Bank & Trust, a locally owned and operated community bank. In July 2016, MidFirst-Bank acquired 1st Century Bancshares in Southern California. After the merger, MidFirst-Bank’s combined assets totaled more than $12 billion.

 

MidFirst Bank | banks in the United States

 

The bank offers a full range of commercial, trust, private banking, and mortgage banking products, and it serves as a commercial real estate lender and a major servicer of mortgage loans nationally. Primary markets include Oklahoma City, Denver, Phoenix, Tulsa, Dallas, Southern California, and western Oklahoma. MidFirst-Bank also operates full-service banking centers in Boulder and Edwards, Colorado, and commercial lending offices in Atlanta, Boston, Chicago, Houston, New York City, St. Louis, and Southern California.

Community involvement of MidFirst Bank

MidFirst-Bank financial education programs have received Honorable Mention recognition from the American Bankers Association Community Commitment Awards in 2016, 2018, and 2020 in the Financial Education category, and in 2020 in the Protecting Older Americans category. Additionally, MidFirst-Bank has collaborated with the University of Oklahoma in providing the MoneyCoach financial education program. MidFirst-Bank also partners with the True Corps program to serve the community.

 

MidFirst Bank | banks in the United States

 

In 2019, MidFirst-Bank ranked first in the Southwest region for the second consecutive year in the J.D. Power Retail Banking Satisfaction Study, receiving the highest score of all banks in the nation in 2018.

MidFirst Bank Chairman and CEO G. Jeffrey Records Jr. is a part-owner of the Oklahoma City Thunder of the NBA through its ownership group, Professional Basketball Club.

 

MidFirst Bank | banks in the United States

 

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