Midfirst Bank is a privately held bank offering a range of personal, commercial, trust, and mortgage banking products and services.
On its personal banking side, Midfirst offers checking, savings, money market, and certificate of deposit accounts. Its checking options range from a reward account with performance requirements earning higher interest to a simple student account. The bank has a children’s savings account and program along with a basic savings account and features a money market account that increases earning power while maintaining liquidity. Midfirst also makes both fixed and callable CDs available to customers.
Midfirst Bank online banking features a sophisticated Internet platform from which customers can manage their accounts. The bank also has a mobile app that provides remote deposit capabilities as well as account management functions.
Midfirst Bank was originally established as the Oklahoma National Bank & Trust Company of Chickasha in 1911. In 1997 the bank changed its name to Midfirst Bank and three years later moved its headquarters to Oklahoma City, Oklahoma, where they remain today. The bank operates multiple branch locations across several states.
Best Bank We Ever Had
MIdFirst offers "home town" type service. Very personable staff who have been in place for years and know us when we come in. This is unlike big banks that change tellers weekly it seems. Highly recommend a private bank like MidFirst.
Wasn't But Now Is The Worst Banking Experience
I've been with Midfirst Bank since 11 yrs old..my father opened a savings account for my siblings and I. I continued to bank with them since and now in my thirties, I do realize that they're not that all that great as a bank. There are thankfully better options like WEOKIE or Wells Fargo to name two. Their overdraft fees/rules are ridiculous. They pull and pull with no time to act. Their interest rates for their CDs are, in comparison, not that appealing. Their programs for savings are also not worth it either. After over 15 years of service with them it is time I cut ties.
Midfirst Bank Is The Worst
Worst bank ever. I asked to have no overdraft but they let it happen then charged me 35.00. And sent me a letter saying I had 30 days to deposit which I did but they held my deposit for an extra day even though I saw it the day before. Then charged me 25.00. Tried calling and got very rude customer service. Would not recommend this bank to my worst enemy.
RHS Mortgage Sold To Midfirst Post Pandemic. Nightmare Began...
Usda homeloan sold to them post-pandemic. Advertised policies & handling of hardship not honored. Loss mitigation not correctly reviewed, instead denied receiving multiple proofs with original application even after fax & recorded delivery receipts provided. Violated federal laws and court procedures by not properly serving homeowners (or not completing necessary steps beforehand). Timeline pattern or reacting to escalations to regulatory authorities with 3 days later, litigation without service notice. Disregarding rules to halt litigation while in active loss mitigation (eg Ex-parte filings to Judge & the plaintiff bank were disregarded)
Then refusing to speak to HID agent initially, followed by declining to work through options with same HUD licensed agent.
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 4063 |
| Year Established | 1911 |
| Employees | 3235 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.1% |
| Return on Equity - YTD | 11.28% |
| Annual Interest Income | $505.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $39.52B$36.94B |
| Loans | Q1 2025vs Q1 2024 | $32.36B$30.34B |
| Deposits | Q1 2025vs Q1 2024 | $24.33B$24.39B |
| Equity Capital | Q1 2025vs Q1 2024 | $3.79B$3.84B |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $221.3MM$198.9MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $136.5MM$76.4MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $7.9MM$9.5MM |
