What does your organization do? BancFirst Corporation is an Oklahoma business corporation and a financial holding company under Federal law. It conducts virtually all of its operating activities through its principal wholly-owned subsidiary, BancFirst, a state-chartered bank headquartered in Oklahoma City, Oklahoma. BancFirst Corporation also owns 100% of BancFirst Insurance Services, Inc., an independent insurance agency, and 100% of Council Oak Partners LLC, an Oklahoma limited liability company engaged in investing activities. BancFirst is Oklahoma’s largest state-chartered bank with more than 100 service locations in over 50 communities across Oklahoma.
Our strategy focuses on providing a full range of commercial banking services to retail customers and small to medium-sized businesses both in the metropolitan and non-metropolitan trade centers of Oklahoma. BancFirst operates as a “super community bank”, managing its community banking offices on a decentralized basis, which permits them to be responsive to local customer needs. Underwriting, funding, customer service and pricing decisions are made by Presidents in each market within the Company’s strategic parameters. At the same time, BancFirst generally has a larger lending capacity, broader product line and greater operational efficiencies than its principal competitors in the non-metropolitan market areas. In the metropolitan markets served by BancFirst, our strategy is to focus on the needs of local businesses that are not served effectively by larger institutions.
Why did you decide to partner with The Link? BancFirst chose to support the Link in large part due to its connection to the Chamber of Commerce. We believe the Chamber of Commerce is an integral partner with local banks and city government to fully develop the commercial opportunities within a community. Commercial business development enhances job opportunities and thus brings families to the community to make their homes. All these things are necessary for a community to grow and prosper.