Weatherford-Elk City, OK holds $2.4 billion in deposits across 21 insured institutions and 39 branches, ranking #289 of 293 U.S. markets by economic output. Great Plains National Bank is the largest deposit holder at 18.1% share. The top three institutions hold 40.5% of deposits, which places the market in the fragmented band. Deposits have grown 13% since 2020 while the branch count fell by 3.
Deposit trend
Branches: 42 in 2020 to 39 in 2025. Institutions: 23 to 21. Top-three share: 37.5% to 40.5%. Deposits per branch: $61M.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Great Plains National Bank | 0.4B | 18.1% | +35% |
| The First National Bank & Trust | 0.3B | 11.6% | +2% |
| Bank of Western Oklahoma | 0.3B | 10.8% | +40% |
| InterBank | 0.2B | 9.2% | +8% |
| Oklahoma Bank and Trust Company | 0.2B | 7.0% | +16% |
| Blue Sky Bank | 0.1B | 5.7% | new since 2020 |
| MidFirst Bank | 0.1B | 4.9% | +10% |
| The Bank of the West | 0.1B | 4.9% | +20% |
| Legacy Bank | 0.1B | 4.5% | +17% |
| BancFirst | 0.1B | 4.3% | +46% |
The 10 largest of 21 insured institutions with a branch presence, as of June 30, 2025. Five-year change compares the same institution's deposits in 2020 and 2025; an acquirer absorbs the balances of banks it bought.
Counties in this market
| County | State | GDP | Population | Share of GDP |
|---|---|---|---|---|
| Custer County | Oklahoma | $1,498M | 28,175 | 51.0% |
| Beckham County | Oklahoma | $1,121M | 22,159 | 38.1% |
| Washita County | Oklahoma | $319M | 10,884 | 10.9% |
Recruiting in Weatherford
No single institution dominates deposits here, which usually means more competitors of a size where a strong team can move meaningful share. 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 this one, on a retained basis.
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