MidFirst Bank, the largest privately owned bank in the nation, has experienced significant growth over the last decade, increasing its assets by nearly 300% to $37 billion. Founded in 1954 as a mortgage company, MidFirst has evolved into a respected national institution under the leadership of CEO G. Jeffrey Records, Jr. Despite challenges like the Great Financial Crisis, MidFirst has remained profitable each year and has earned a place among the top 5% of its peers in terms of return on equity.
One key factor in MidFirst’s success is its private ownership, which allows the bank to focus on long-term value creation without the pressures faced by publicly traded banks. The bank’s senior leadership team, led by Records, carefully evaluates investments and opportunities, making strategic decisions that have resulted in stability and high ratings from independent financial firms. Despite its rapid growth, MidFirst has maintained strong capital ratios and a significant amount of liquidity, making it one of the most stable banks in the nation.
MidFirst’s commitment to its customers, employees, and communities is evident in its diverse customer base, comprehensive financial offerings, and personalized service. The bank’s more than 3,000 employees are dedicated to serving the needs of customers across its 100 locations nationwide, earning MidFirst recognition as a top place to work and bank. Additionally, MidFirst has received numerous awards for its financial education programs and philanthropic initiatives, including donations of over $5 million to non-profit organizations through its Cause Debit Card Program.
As MidFirst continues to expand its presence in new markets, including California, Nevada, Utah, and Texas, it remains focused on delivering exceptional customer service and innovative financial products. The bank’s dedication to financial education and community impact sets it apart in the industry, earning recognition as a top bank in Oklahoma and one of America’s Best Employers. With a commitment to growth and a strong foundation, MidFirst remains dedicated to helping customers achieve financial opportunities and security.
Overall, MidFirst’s success can be attributed to its strong values, stable foundation, and private ownership structure. By prioritizing long-term value creation, exceptional customer service, and community impact, the bank has positioned itself as a leader in the industry. As it continues to grow and evolve, MidFirst remains committed to delivering on its vision and mission of serving its customers, employees, and communities with integrity and excellence.
