Ottawa County, Oklahoma, a core county of the Joplin-Miami, MO-OK-KS market, holds $698M in deposits across 8 insured institutions and 14 branches. Welch State Bank of Welch, Okla. is the largest deposit holder at 24.5% share. The top three banks hold 69% of deposits, which places the county in the Concentrated band. Deposits have fallen 6.1% since 2021. It produced $1.1B of real gross domestic product in 2024, ranking #1,164 of the 1,523 ranked counties by economic output.
Ranks show where the county stands among the 1,523 ranked counties (those within a Combined or Metropolitan Statistical Area that have a branch). They describe relative position, not a rating of market quality or suitability.
Deposit trend
Branches: 14 in 2021 to 14 in 2026. Institutions: 8 to 8. Top-three share: 70% to 69%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Welch State Bank of Welch, Okla. | $171M | 24.5% | +64% |
| The First National Bank and Trust Company of Miami | $163M | 23.3% | -28% |
| Security Bank and Trust Company | $145M | 20.8% | +75% |
| Arvest Bank | $139M | 19.9% | -9% |
| Grand Savings Bank | $35M | 5.0% | +94% |
| Method Bank | $23M | 3.2% | +71% |
| International Bank of Commerce | $19M | 2.7% | -87% |
| The City National Bank and Trust Company of Lawton, Oklahoma | $3M | 0.5% | +1% |
The 8 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s county deposits in 2021 and 2026. Institutions are tracked by FDIC certificate number, and where an institution acquired another bank, the acquired bank’s prior deposits are folded into the baseline so the change reflects the combined, continuing franchise rather than reading as new. “No 2021 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year. Deposit figures are nominal and are not adjusted for inflation.
Part of the Joplin-Miami market
Ottawa County is one of 4 counties that make up the Joplin-Miami, MO-OK-KS market, a Combined Statistical Area (ranked #191 of 293 U.S. markets by economic output). It produces 11.1% of the market’s output and holds 12.5% of its deposits.
| Measure | Ottawa County | Share of parent market |
|---|---|---|
| 2024 GDP | $1.1B | 11.1% |
| Deposits | $698M | 12.5% |
| Population | 30,438 | 12.7% |
View the full Joplin-Miami market profile →
Recruiting in Ottawa County
Deposits are held closely by the largest banks, which often means the bankers worth recruiting are inside a small number of institutions. Who holds the deposits, and how contested the market is, shapes both the runway for growth and the competition you would be recruiting against. We recruit commercial relationship managers, banking teams, and market leaders for banks building in markets like Ottawa County.
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