Question 1

What is Oklahoma Capital Bank?

Accepted Answer

Oklahoma Capital Bank is a community-focused commercial bank serving customers in the Tulsa metropolitan area and surrounding regions of northeastern Oklahoma. With approximately $168 million in total assets and 3 domestic offices, the bank specializes in serving small business owners while maintaining strong retail banking capabilities.

The bank's philosophy centers on providing "capital at the speed of business" while building lasting relationships through excellent customer service. Oklahoma Capital Bank operates under the motto "Banking Builds Relationships."

Question 2

When was Oklahoma Capital Bank founded?

Accepted Answer

The bank's history began in 1963 when John A. Smith and a group of investors identified a need for a local bank in the community of Turley, Oklahoma, an unincorporated township in northern Tulsa County. The bank was originally chartered as First National Bank of Turley and served the local community under the Smith family leadership for approximately 50 years.

In 1991, the investors switched from a national charter to a state charter, renaming the institution First Bank of Turley. Thirteen years later in 2004, when the bank opened a branch in Skiatook, the name changed to Freedom Bank of Oklahoma to reflect broader geographic ambitions while maintaining the same service-oriented approach.

In the mid-2010s, the Smith family decided to position the bank for growth and sold it to Capital Bank Holdings, a company consisting of over 80 local Tulsa area shareholders who shared a vision of serving small business owners. In 2016, the bank was renamed Oklahoma Capital Bank for the final time.

Following challenges during the COVID-19 pandemic shutdowns of 2020, the 80 investors sold to Sooner Southwest Bankshares, a local bank holding company in business since 1986. On October 8, 2021, Sooner Southwest Bankshares acquired Capital Bank Holdings and Oklahoma Capital Bank, bringing new energy, services, and management while maintaining the bank's name and community focus.

Question 3

Where is Oklahoma Capital Bank headquartered?

Accepted Answer

Oklahoma Capital Bank is headquartered in Tulsa, Oklahoma, located in Tulsa County in the northeastern part of the state.

Question 4

Where does Oklahoma Capital Bank operate?

Accepted Answer

Oklahoma Capital Bank operates 3 offices serving the greater Tulsa metropolitan area:
• North Tulsa location with self-service coin counter
• Skiatook location with self-service coin counter  
• Additional Tulsa area location

The bank's service area focuses on Tulsa County and surrounding communities in northeastern Oklahoma, with emphasis on the Tulsa metropolitan statistical area.

Question 5

What services does Oklahoma Capital Bank offer?

Accepted Answer

Oklahoma Capital Bank provides comprehensive banking services tailored for both business and personal customers:

Business Banking: Commercial checking accounts, business savings, commercial loans, lines of credit, business credit cards, and cash management solutions designed specifically for small business owners who need quick access to capital.

Personal Banking: Multiple checking account options including impact checking accounts that support causes important to customers, savings accounts, certificates of deposit, and money market accounts.

Lending Services: Personal loans, auto loans, home equity loans, mortgage loans, and commercial lending with emphasis on speed and relationship-based decision-making.

Digital Banking: Online banking platform, mobile banking app with remote deposit capture, bill pay services, and digital wallet integration for convenient account management.

Card Services: Debit cards with controls through card management features, business debit cards, and credit card options.

Specialized Services: Safe deposit boxes, cashier's checks, notary services, and self-service coin counters at select locations.

The bank emphasizes personalized service and quick response times, particularly for business lending needs.

Question 6

What makes Oklahoma Capital Bank unique?

Accepted Answer

Oklahoma Capital Bank distinguishes itself through its evolution from a single-community bank serving Turley to a broader institution focused on small business banking in the Tulsa market. The bank's emphasis on providing "capital at the speed of business" reflects its understanding that small business owners need quick decisions and flexible solutions.

Since the 2021 acquisition by Sooner Southwest Bankshares, the bank has benefited from being part of a family of Oklahoma banks that includes Security First National Bank in Hugo, First National Bank in Heavener, and Community Bank in Bristow. This structure provides access to additional funding sources and lending capacity while maintaining local decision-making and community focus.

The bank's commitment to relationship banking is evident in its motto: "Banking Builds Relationships." Oklahoma Capital Bank positions itself not just as a banker but as a partner working to improve customers' businesses alongside its own success.

Recent revitalization efforts have brought new faces, enhanced services, updated technology including a refreshed website, and more efficient processes while maintaining the core values established over the bank's 60-year history.

Question 7

What type of financial institution is Oklahoma Capital Bank?

Accepted Answer

Oklahoma Capital Bank is a State Chartered Commercial Bank supervised by the FDIC as its primary federal regulator. As a state-chartered institution that is not a member of the Federal Reserve System, the bank operates under Oklahoma state banking regulations with FDIC oversight.

The bank qualifies as a community bank with a strong small business banking focus, making it particularly well-suited for commercial customers while maintaining robust retail banking capabilities. As part of the Sooner Southwest Bankshares holding company structure, Oklahoma Capital Bank benefits from shared resources and capital support while maintaining operational independence and local market expertise in the Tulsa metropolitan area.

Oklahoma Capital Bank

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About Oklahoma Capital Bank in the United States