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Oklahoma: Banks’ Economic Impact

Banks support Oklahoma's economy with consumer, business and other loans, and by providing more than 24,000 people with a rewarding place to work.

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  • 24,208Employees

  • $1.8 BTotal Annual Compensation & Benefits

  • $74,758Average Total Compensation & Benefits

  • 188 Banks 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 branch deposit data (2021 Q2), FDIC Call Report 2Q2021, 2021 BLS/US Census Quarterly Census of Employment and Wages (QCEW) for Credit Intermediation and Related Activities, and ABA Analysis



  • $11.7 BNew Home Loans Booked in 2021

  • 55,980Number of New Home Loans in 2021

  • $165,000Median New Home Loan Size in 2021

  • $4.1 BSmall Business Loans

  • 298.5 KNumber of Small Business Loans

  • $13,666Average Small Business Loan

  • $3.1 BSmall Farm Loans

  • 46,417Number of Small Farm Loans

  • $70,236Average Small Farm Loan

Stepping Up for Small Businesses

Chickasaw Community Bank in Oklahoma City created a series of videos highlighting some of the local businesses that received PPP loans during the COVID-19 pandemic. Hear Chickasaw CEO T.W. Shannon introduce the videos and talk about the bank’s commitment to supporting local businesses during this time of need.

Source: CFPB HMDA data, year-end 2021; FDIC Call Report 2Q2021 and Year-End 2021; 2021 USDA Quarterly Farm data and USDA/Census Data from 2017 State of Ag Survey; 2021 SBA/Census Data and ABA analysis



  • 19.1 MCustomers

  • $129.0 BDeposits

  • 209Banks Operating Branches

  • 1,302Branches & Offices

  • 285Branches Offering Low Fee Bank On-certified Accounts

Sources: Estimates based on ABA 2020/2021 survey data; FDIC Summary of Deposit (SOD) 2021Q2 Data; Cities for Financial Empowerment Fund

Giving Back

Giving Back

  • 126.4 KVolunteer Hours

  • $52.3 MCommunity Donations

Convening the Community

Oklahoma’s Citizens Bank of Edmond brings local residents together for food and fun during “Heard on Hurd”—a celebration of local small businesses, musicians and more to help build community and unity in downtown Edmond.

Source: Estimates based on ABA 2020/2021 survey data

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