Overview / Commentary
1039 Nw 63rd Street
Oklahoma City, OK 73116

Bank 7 is headquartered in Oklahoma City and is the 15th largest bank in the state of Oklahoma. It is also the 1,053rd largest bank in the nation. It was established in 1901 and as of March of 2018, it had grown to 75 employees at 9 locations. Bank 7 has an A+ health rating.

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Bank 7 Offers Nationwide Online MMA and Online Savings - 3/21/2018

Bank 7 is now offering its High Rate Online Money Market (1.80% APY, $5k min/$1m max) and High Rate Online Savings (1.80% APY, $100 min/$1m max) nationwide.

HIGH RATE ONLINE MONEY MARKET 1.80 APY With $5,000.00 Minimum - 3/20/2018

https://www.bank7.com/personal/online-accounts/ Earn interest on your higher balances while having the ability to write checks, up to $1,000,000.00 $5,000 deposit to open account Competitive, tiered variable rate of interest Interest paid monthly on minimum daily balance of $5,000 $15.00 minimum balance charge per month if daily balance falls below $5,000 Visa® debit card¹ (optional) Online Banking and Bill Pay² Mobile Banking Check and deposit images returned in eStatement³ (eStatements required for this account. Paper statements may be available for a $15.00 monthly fee) Deposits are unlimited; however, debit transactions on Money Market Accounts are limited by law. Preauthorized transfers or withdrawals are limited to six total per month. Withdrawals exceeding six per month have a $3.00 fee per withdrawal4 Unlimited withdrawals in person, at ATM, by mail, or by messenger Other Fees that may be incurred: $29.00 Overdraft item fee $29.00 Returned item fee $25.00 Stop payment per re

Reviews (1)

Promo Rate Only For New Customers

Posted by: CalBear49 | Apr 18, 2018

I asked Bank 7 why I can't find a link from their home page to get their interest rate information. It is something that any customer or potential customer would want to be able to access readily. Their response: "The link is not listed on our main website because these High Rate Online Accounts are only available to new customers."

That says something in itself.


Health Grade Components

FDIC Certificate #4147
Year Established1901
Primary RegulatorFED
Profit Margin
Return on Assets - YTD3.64%
Return on Equity - YTD34.04%
Annual Interest Income$11.4MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$705.8MM$648.4MM
LoansQ1 2018vs Q1 2017$554.5MM$522.8MM
DepositsQ1 2018vs Q1 2017$625.4MM$579.1MM
Equity CapitalQ1 2018vs Q1 2017$76.9MM$63.6MM
Loan Loss AllowanceQ1 2018vs Q1 2017$7.7MM$7.0MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$923.00K$2.9MM
Real Estate OwnedQ1 2018vs Q1 2017$100.00K$216.00K
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Bank 7 CD Rates

2.17%$10k-36 Month Online CD
2.01%$10k-24 Month Online CD

Bank 7 Locations
Montezuma Branch209 North Aztec StreetMontezuma, KS 67867
Copeland Branch210 North Santa Fe StreetCopeland, KS 67837
Camargo Bank7 Branch100 South BroadwayCamargo, OK 73835
Woodward Branch1003 Oklahoma AvenueWoodward, OK 73801
Bank 71039 NW 63rd StreetOklahoma City, OK 73116
Medford Branch120 North First StreetMedford, OK 73759
Woodward Westside Branch3300 Oklahoma AvenueWoodward, OK 73801
Irving Branch6460 North Macarthur BlvdIrving, TX 75039

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