Who you choose to bank with is 1 of the most important financial decisions you can make. You don’t want to settle for anything less than the best.
Benzinga has done the research to compile a list of the best banks in Oklahoma. Take a look at our selection to get started today.
Best Banks in Oklahoma Near You:
- Best for Online Banking: BBVA
- Best Branch Locations: Arvest Bank
- Best Savings Account: CIT Bank
- Best Customer Service: MidFirst Bank
- Best for Investing: Axos Bank
Best for Online Banking: BBVA
BBVA offers personal banking, business banking, commercial banking, investment banking and wealth management services. BBVA personal banking clients can obtain checking accounts, savings accounts, credit cards, lending solutions and investing services.
BBVA operates both physical locations across the United States and digital banking services. With BBVA, you don’t need to walk into a branch to speak with a customer service representative. When you open an online checking account, you’ll automatically be assigned a team of relationship specialists to address any questions or concerns.
Staying in contact with your personal banking specialist can be done via email, telephone and even over text. You can chat wherever you are at a time that works for you.
Don’t worry about additional charges — talking to a representative is always free. You can open an online checking account and savings account remotely. You’ll also be able to manage it online or through mobile banking.
Best Branch Locations: Arvest Bank
Arvest Bank operates personal banking, business banking, financial planning and wealth management segments. Arvest has locations in 135 communities across Oklahoma, Arkansas, Kansas and Missouri. If you prefer to conduct banking at a physical location, rest assured you’re likely to find an Arvest Bank branch location near you.
Arvest offers checking accounts, savings accounts, debit cards, home loans, auto loans and more. You can get help with retirement planning, investment planning, education planning and more when you work with 1 of Arvest’s financial planners. You can also get help with investing and portfolio management.
Arvest offers online banking and mobile banking when you download its mobile app. You can manage your account, check your balance, deposit checks, transfer funds and more. You can bank from anywhere and at a time that’s convenient for you.
- Business and Personal Checking
Best Savings Account: CIT Bank
CIT Bank is a digital bank with personal banking, commercial banking and business banking divisions. Choose from online checking accounts, savings accounts, mortgages, home loans and learning resources. CIT Bank’s online learning center offers information on fraud protection, money saving strategies, home financing strategies and more.
CIT Bank’s most notable feature is its interest-bearing savings accounts. Different savings accounts come with different APYs and conditions, so you’re sure to find 1 that suits your needs.
You can also save your money with various certificates of deposit (CDs) and a money market account. These options are ideal if you want to grow your money in a way that is guaranteed and secured. Whatever your financial goals are, CIT Bank has a saving account to help you reach them.
Best Customer Service: MidFirst Bank
Based in Oklahoma City, Oklahoma, MidFirst Bank offers personal banking, business banking and commercial banking. MidFirst Bank’s personal banking services include checking, savings, CDs, IRAs, credit cards, debit cards, loans, lines of credit, mortgages and wealth management.
MidFirst Bank’s business clients can access checking, savings, CDs, loans, express lending, card solutions, wealth management and other services. MidFirst Bank takes a highly-personalized approach to help you manage your finances and reach your financial goals.
Whether you are a personal or business banking client, you’ll have access to 24-hour telephone banking. There is also mobile banking and online banking available to make it easy for you to get the help you need at any time.
- No Maintenance Fees
Best for Investing: Axos Bank
Axos Bank is a digital bank that offers banking solutions to personal customers and businesses. Personal banking customers can open checking accounts, savings accounts and access different lending options. You can take out a mortgage, auto loan and even finance your investment property. Business banking customers can also access checking accounts, savings accounts, lending options, CDs, merchant services and more.
Axos Bank offers interest-bearing checking accounts for personal customers and businesses. Some of Axos Bank’s checking accounts come with high-interest rates, cashback and little to no fees. Because Axos Bank is a digital bank, you can easily open an account online and manage it from your computer or through mobile banking.
Axos Bank also operates a division completely dedicated to helping you manage your investments. With Axos Invest, you can open a robo-managed, investment portfolio for no minimums. Axos Bank’s automated investing tool will keep your portfolio balanced, personalize your investments based on your risk level and more.
Frequently Asked Questions
Q: What are certificates of deposit (CDs)?
A: CDs offer a higher interest rate in exchange for you giving up access to your money for a set amount of time, which can range anywhere from a few months to a few years. The longer the duration on the CD, the higher the interest rate you will receive.
Q: How can I waive monthly fees on my checking account?
A: Most banks will allow you to waive monthly checking account fees when you maintain a specified minimum balance in your account. Every bank’s policy is different so it’s recommended you get in touch with your bank to ask about their specific requirements.
The Best Banking Features
As you’re searching for the right bank, it’s important to identify which banking features are most important to you. Do you need access to your account 24/7 through mobile banking? Maybe interest-bearing checking accounts are a make or break for you? Whatever your needs are, the best bank for you will provide the service to cater to your financial needs.
Methodology
To determine the best banks in Oklahoma, Benzinga analyzed over 100 banks and financial institutions. We gave weight to banks in Oklahoma with co-op ATMs and cash-back options. We also gave greater rankings to banks which offered the following: checking and savings accounts, online banking, personal loans, mortgages, educational resources, and a mobile app.
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