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Oklahoma: Banks’ Economic Impact

Banks support Oklahoma’s economy with consumer, business and other loans, and by providing more than 31,000 people with a rewarding place to work.

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Jobs

Jobs

  • 31,039Employees

  • $2.4 BTotal Annual Compensation & Benefits

  • $77,706Average Total Compensation & Benefits

  • 179Banks Headquartered in State

Future Banking Leaders

Interns at First United Bank in Oklahoma City, OK, are inspired to lead, learn and pursue careers in banking. Students hear from the bank’s executive team during weekly lunches, and mentorship is incorporated throughout the program.

Source: FDIC Call Report 2022Q4, Bureau of Labor Statistics 2022, ABA analysis

Lending

Lending

  • $9.1 BNew Home Loans Booked in 2022

  • 37,055Number of New Home Loans in 2022

  • $225,000Median New Home Loan Size in 2022

  • $6.3 BSmall Business Loans

  • 242.5 KNumber of Small Business Loans

  • $26,122Average Small Business Loan

  • $737.6 MSmall Farm Loans

  • 8,463Number of Small Farm Loans

  • $87,159Average Small Farm Loan

Source: FFIEC HMDA 2022, FFIEC CRA 2021, FDIC Call Report 2022Q4, ABA analysis

Customers

Customers

  • $131 BDeposits

  • 204Banks Operating Branches

  • 1,299Branches & Offices

  • 348Branches Offering Low Fee Bank On-certified Accounts

Source: FDIC Summary of Deposits 2022Q2, CFE Fund, ABA analysis

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