MidFirst Financial institution – Loans
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Regional Financial institution Situated In Oklahoma
| Sort | Privately held firm |
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| Based | 1982 (1982) |
| Headquarters | ,
United States |
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Space served |
Oklahoma Metropolis, Oklahoma; Tulsa, Oklahoma; western Oklahoma; Phoenix, Arizona; Boulder, Colorado; Edwards, Colorado; Denver, Colorado; Los Angeles, California; Dallas, Texas |
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Key individuals |
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| Merchandise | Asset administration, banking, business banking, shopper banking, company banking, bank cards, shopper finance, finance and insurance coverage, monetary companies, cellular banking, international wealth administration, insurance coverage, funding administration, mortgage loans, prime brokerage, non-public banking, retail banking, retail brokerage, wealth administration |
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| Complete belongings |
[2] |
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| Web site | midfirst.com |
U.S. $540.5 million (YTD Q3 2022)MidFirst Financial institution is a privately owned monetary establishment elegant in Oklahoma Metropolis, Oklahoma. It’s the largest privately owned financial institution in the USA, with $33.3 billion in belongings.[3] Its main markets embody Oklahoma, Denver, Phoenix and Dallas, with business lending workplaces in Atlanta, Boston, Chicago, Cleveland, Houston, New York Metropolis, St. Louis, and Southern California. MidFirst Financial institution has banking facilities in Boulder and Edwards, Colorado. Moreover, the financial institution operates 1st Century Financial institution of Los Angeles as a division of MidFirst Financial institution[4][5] and MidFirst Enterprise Credit score of Atlanta as a subsidiary of MidFirst Financial institution.[6]
Historical past[edit]
The Midland Group started in 1954 when W.R. Johnston, an Oklahoma banker, bought a 50% share in Midland Mortgage Firm, an Oklahoma Metropolis–elegant firm that had been fashioned 4 years earlier. Immediately, household owns 100% of the Midland Group. In 1982, Midland Monetary Co. bought a not too long ago fashioned constitution financial institution in Stilwell, Oklahoma, and named it MidFirst Financial institution and moved it to Oklahoma Metropolis.
In 2009, MidFirst Financial institution acquired Group Financial institution of Arizona and Union Financial institution, each headquartered within the Phoenix metro space.[7] In 2015, MidFirst Financial institution acquired Denver-based Steele Avenue Financial institution & Belief, a domestically owned and operated group financial institution.[8] In July 2016, MidFirst Financial institution acquired 1st Century Bancshares in Southern California. After the merger, MidFirst Financial institution’s mixed belongings totaled greater than $12 billion.[9][10]
The financial institution gives a full vary of economic, belief, non-public banking, and mortgage banking merchandise, and it serves as a business actual property lender and main servicer of mortgage loans nationally. Main markets embody Oklahoma Metropolis, Denver, Phoenix, Tulsa, Dallas, Southern California and western Oklahoma. MidFirst Financial institution additionally operates full-service banking facilities in Boulder and Edwards, Colorado, and business lending workplaces in Atlanta, Boston, Chicago, Houston, New York Metropolis, St. Louis, Orlando, Nashville, Detroit and Southern California.
MidFirst Financial institution monetary teaching programs have obtained Honorable Point out recognition from the American Bankers Affiliation Group Dedication Awards in 2016, 2018, and 2020 within the Monetary Schooling class, and in 2020 within the Defending Older Individuals class.[11] Moreover, MidFirst Financial institution has collaborated with the College of Oklahoma in offering the MoneyCoach monetary schooling program.[12] MidFirst Financial institution additionally companions with the True Corps program to serve the group.
In 2019, MidFirst Financial institution ranked first within the Southwest area for the second consecutive 12 months within the J.D. Energy Retail Banking Satisfaction Examine, receiving the best rating of all banks within the nation in 2018.[13]
In 2022, MidFirst Financial institution trigger playing cards benefitting non-profit organizations reached donation milestones. MidFirst Financial institution clients have donated greater than $2 million {dollars} to breast most cancers analysis by way of the MidFirst Financial institution Pink Visa® Debit Card,[14] greater than $1 million {dollars} to the American Coronary heart Affiliation by way of the MidFirst Financial institution Coronary heart Visa Debit Card,[15] and greater than $500,000 to Arts Council Oklahoma Metropolis by way of the MidFirst Financial institution Artwork Visa Debit Card.[16] MidFirst’s Pink Visa Debit Card program and the $2 million in donations generated for the OU Well being Stephenson Most cancers Heart had been acknowledged by the Journal Document in 2022 with its Charitable Affect Award.[17]
MidFirst Financial institution Chairman and CEO G. Jeffrey Data Jr. is a part-owner of the Oklahoma Metropolis Thunder of the NBA by way of its possession group, Skilled Basketball Membership.[18]
- 2022 Charitable Affect Award by Journal Document[17]
- 2021 “Greatest-In-State Employer” for Oklahoma[19]
- 9 time winner Greatest Financial institution in The Oklahoman Readers’ Selection Awards[20]
- 4 time winner Greatest On-line and Cellular Banking in The Oklahoman Readers’ Selection Awards[21]
- Greatest Mortgage Lender[22]
- Greatest Financial institution for CDs[22]
- 2021 Greatest Massive Financial institution in Oklahoma[23]
- #1 in Southwest area J.D. Energy Retail Banking Satisfaction Examine[24]
