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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

  • 31,048Employees

  • $2.6 BTotal Annual Compensation & Benefits

  • $84,848Average Total Compensation & Benefits

  • 175Banks 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 2023Q4, Bureau of Labor Statistics 2023, ABA analysis

Lending

Lending

  • $7.6 BNew Home Loans Booked in 2023

  • 30,116Number of New Home Loans in 2023

  • $225,000Median New Home Loan Size in 2023

  • $7.4 BSmall Business Loans

  • 231.4 KNumber of Small Business Loans

  • $32,104Average Small Business Loan

  • $748 MSmall Farm Loans

  • 8,473Number of Small Farm Loans

  • $88,278Average Small Farm Loan

Source: FFIEC HMDA 2023, FFIEC CRA 2023, FDIC Call Report 2023Q4, ABA analysis

Customers

Customers

  • $132 BDeposits

  • 199Banks Operating Branches

  • 1,310Branches & Offices

  • 434Branches Offering Low Fee Bank On-certified Accounts

Source: FDIC Summary of Deposits 2023Q4, CFE Fund, ABA analysis

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