Weatherford-Elk City, OK, a Combined Statistical Area, 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 12.8% since 2020 while the branch count fell by 7.1%.
Ranks show where the market stands among the 293 markets (Combined and Metropolitan Statistical Areas). They describe relative position, not a rating of market quality or suitability.
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.
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% | no 2020 presence |
| 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% |
| Southwest Bank of Weatherford | $67M | 2.8% | 0% |
| Bank of Hydro | $57M | 2.4% | +30% |
| Bank360 | $54M | 2.3% | +54% |
| First Bank of Thomas | $47M | 2.0% | +17% |
| First Bank and Trust Company | $47M | 2.0% | +8% |
| All America Bank | $39M | 1.6% | -16% |
| Washita State Bank | $39M | 1.6% | -18% |
| First Bank | $38M | 1.6% | +10% |
| High Plains Bank | $34M | 1.4% | +132% |
| Sovereign Bank | $24M | 1.0% | no 2020 presence |
| First Summit Bank | $7M | 0.3% | +76% |
The 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. 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 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this market that year. Deposit figures are nominal and are not adjusted for inflation.
Counties in this market
| County | State | GDP | Population | Share of Market GDP | |
|---|---|---|---|---|---|
| Custer County | Oklahoma | $1.5B | 28,175 | 51.0% | 45.9% |
| Beckham County | Oklahoma | $1.1B | 22,159 | 38.1% | 43.2% |
| Washita County | Oklahoma | $319M | 10,884 | 10.9% | 10.8% |
Recruiting in the Weatherford-Elk City market
No single institution dominates deposits here, which often means more competitors of a size where a well-positioned team has room to compete. 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.
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