First Liberty Bank
First Liberty Bank is a privately held Oklahoma-based community bank offering personal and commercial banking, specialty lending in healthcare and energy sectors, and treasury management services across Oklahoma City, Norman, and the Dallas/Fort Worth metro via its First Lonestar Bank division.
- Company typePrivate
- Founded2006
- HeadquartersOklahoma City, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What First Liberty Bank does
First Liberty Bank is a privately held, FDIC-insured community bank founded on October 2, 2006, and headquartered in Oklahoma City, Oklahoma. The bank provides a comprehensive suite of personal and commercial banking products including deposit accounts (checking, savings, money market, CDs), consumer and commercial lending, residential mortgages, specialty healthcare and energy lending, treasury management services, and merchant services. It operates physical branches in Oklahoma City and Norman, Oklahoma, and has expanded into the Dallas/Fort Worth metro through its First Lonestar Bank division with a Frisco, Texas location opened in 2024 and a planned Dallas location in 2026.
The bank is differentiated by specialized vertical lending programs: a dedicated Healthcare Banking Division serving physicians and dentists with practice acquisition loans, equipment financing, and physician mortgages; and an Energy Banking Division providing oil and gas, minerals and royalties, and reserve-based lending to Oklahoma-based operators. Core technology consists of standard digital and mobile banking platforms with SSL encryption, AudioEye accessibility certification, Positive Pay fraud detection, and treasury management portals. Business model is traditional community banking with relationship-driven sales: revenue is generated primarily through net interest income from lending and deposits, supplemented by transaction-based fees from treasury management, wire transfers, and merchant services.
First Liberty Bank was founded by notable Oklahoma figures including Barry Switzer, Toby Keith, Hunter Miller, and CEO Joey Root, with the leadership team currently comprising President/COO Tammy Boatman, CFO Keegan Grooms, CISO Carlos Morales, COO Cathy Westmoreland, CLO Michael Levine, and CCO Hoyt Henson. The bank employs 101-250 people and serves individual consumers, small and medium businesses, energy sector companies, healthcare practices, and nonprofit organizations across its Oklahoma and Texas footprints. Strategic priorities evidenced in the data center on geographic diversification via the First Lonestar Bank Texas expansion, capacity build-out at the Oklahoma City flagship, and continued investment in specialized lending verticals.
First Liberty Bank firmographics
Firmographics- Name
- First Liberty Bank
- Legal name
- First Liberty Bank
- Website
- https://myfirstliberty.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- First Liberty Bank is a privately held Oklahoma-based community bank offering personal and commercial banking, specialty lending in healthcare and energy sectors, and treasury management services across Oklahoma City, Norman, and the Dallas/Fort Worth metro via its First Lonestar Bank division.
- Ownership category
- akta.pro rank
First Liberty Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (522110)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
Keywords
Where First Liberty Bank is headquartered
LocationHeadquarters
- HQ city
- Oklahoma City
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
First Liberty Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Interest Income from Lending: Primary revenue from interest earned on loans including commercial lending, mortgage loans, healthcare practice loans, energy loans, and consumer loans.
- Deposit Interest Expense: Interest paid to depositors on checking, savings, and certificate of deposit accounts.
- Non-Interest Income: Fee income from Treasury Management services, wire transfers, safe deposit boxes, merchant services, credit cards, and other service charges.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Business Checking Accounts |
| Subscription | Monthly | Personal Checking Accounts |
| Other | Pay-as-you-go | Wire Transfer Fees |
| Unit Pricing | Annual | Safe Deposit Boxes |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
First Liberty Bank product offering
Product offeringCore offering
First Liberty Bank is a privately held community bank that provides deposit products, consumer and commercial lending, mortgage financing, treasury management services, and specialized banking programs (energy, healthcare, nonprofit) to individuals and businesses across Oklahoma City, Norman, and the Dallas/Fort Worth metro area through its First Lonestar Bank division.
Product overview
First Liberty Bank is a traditional community bank offering a comprehensive portfolio of deposit, lending, and treasury management products through a unified multi-channel delivery model. The product portfolio includes personal banking (Max Cash Checking, Max Cash Back Checking, Premier Checking, Freedom Checking, Max Saver, First Saver, Young Saver, Platinum Money Market, and CDs), business banking (Small Business +1 Checking, Commercial Checking, Enterprise Business Checking, Business CDs, and Commercial Platinum Money Market), specialized healthcare and nonprofit banking divisions, energy lending, and a full mortgage center. The mortgage center operates under the FLB Mortgage brand and includes both Traditional Mortgage Products (Conventional, FHA, VA, USDA, Jumbo loans) and Portfolio Loans (Community Heroes Mortgage, Community Experts Loans, Physician Mortgage, Residential Construction Loans, Specialty). Treasury Management Services encompass Digital Banking, Business Digital Banking, Remote Deposit Capture, ACH Services, Lockbox, ZBA, Positive Pay, and Intrafi/CDARS for deposit network services. Additional services include Merchant Services, Visa Gift Cards, Wire Transfers, Safe Deposit Boxes, and MyVoice Banker phone banking. First Lonestar Bank operates as a division of First Liberty Bank serving the Dallas/Fort Worth area. The bank does not operate as a technology platform with API-based integrations; its product architecture is structured around traditional banking products organized by customer segment rather than a modular platform.
Differentiator
Problem solved
Functional benefit
Products and services
- Max Cash Checking Interest-bearing personal checking account with no minimum balance requirement and nationwide ATM withdrawal fee refunds.
- Max Cash Back Checking
- Premier Checking
- Freedom Checking
- Max Saver
- First Saver
- Young Saver
- Platinum Money Market
- Personal Certificates of Deposit (CDs)
- Visa Personal Credit Cards
- Auto Loans
- Recreational Vehicle (RV) Loans
- Personal Term Loans
- Small Business +1 Checking
- Commercial Checking
- Enterprise Business Checking
- Business Certificates of Deposit (CDs)
- Commercial Platinum Money Market Account
- Healthcare Banking Division
- Provider Preferred Checking
- Nonprofit Banking
- First Lonestar Bank Banking services for Frisco, Texas and the Dallas/Fort Worth metro area under the First Lonestar Bank name, operating as a division of First Liberty Bank.
- Energy Lending
- Commercial Lending
- Accounts Receivable Financing
- Traditional Mortgage Products
- Physician Mortgage
- Community Heroes Mortgage
- Residential Construction Loans
- Home Equity Line of Credit (HELOC)
- Digital Banking
- Business Digital Banking
- Remote Deposit Capture
- Automated Clearing House (ACH) Services
- Lockbox Services
- Positive Pay
- IntraFi (ICS and CDARS)
- Merchant Services
- Wire Transfer Services
- Safe Deposit Boxes
- MyVoice Banker
- Liberty Link Transfer Service
- Visa Gift Cards
- Business Credit Cards
Companies that use First Liberty Bank
Customer profileSegments5 records
Ideal customer profiles5 records
First Liberty Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature3 records
First Liberty Bank partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- IntraFi (CDARS & ICS)coreFirst Liberty Bank offers CDARS (Certificate of Deposit Account Registry Service) and ICS (Insured Cash Sweep) through IntraFi network, enabling customers to access FDIC insurance coverage beyond the standard $250,000 limit by spreading deposits across multiple banks.
Scale indicators3 records
Recent moves11 records
Expansion highlights5 records
First Liberty Bank competitors and assessment
Company assessmentDirect peers
- InterBank: Oklahoma-based community bank with similar full-service offerings (deposits, commercial lending, mortgages) and overlap in the OKC and broader Oklahoma market. Closely comparable operating profile and scale tier to First Liberty.
- BancFirst: Oklahoma's largest community bank, headquartered in OKC. Most directly comparable to First Liberty by shared Oklahoma geography, full-service community banking model, commercial lending focus, and similar relationship-driven GTM — but at materially larger scale.
- First United Bank: Oklahoma-based community bank offering personal, business, and mortgage banking with community-bank DNA similar to First Liberty. Comparable deposit/lending product mix and relationship-driven model in overlapping Oklahoma footprint.
Regional players
- International Bank of Commerce (IBC Bank): Texas-based community/regional bank with commercial lending and treasury management expertise. Comparable as a relationship-driven commercial bank, and a relevant peer as First Liberty expands into DFW via First Lonestar Bank.
- Independent Bank Group: Texas-headquartered community bank with strong DFW presence. Most directly comparable to First Lonestar Bank's DFW strategy; similar full-service community banking model targeting consumers and small/mid-market businesses.
- Legacy Community Bank (LegacyTexas / veritex): DFW-anchored commercial and consumer bank focused on small/mid-market businesses and treasury management. Comparable to First Lonestar Bank's target DFW customer profile and a useful proxy for the competitive set in Texas.
- Prosperity Bank: Texas-based community bank expanding across both Texas and Oklahoma markets. Comparable product mix (deposits, commercial lending, mortgages) and a relevant peer for First Liberty's cross-state expansion ambition.
Broad incumbents
- MidFirst Bank: Large Oklahoma-based bank with significant consumer mortgage, private banking, and commercial operations. Competes with First Liberty in OKC personal and business banking and offers a more comprehensive product suite at greater scale.
- BOK Financial: Tulsa-headquartered regional bank with deep Oklahoma commercial banking, energy lending, and treasury management franchises. Overlaps heavily with First Liberty in OK energy lending and commercial banking, but operates across multiple states with a much broader product set.
- Comerica Bank: Large regional bank with significant DFW commercial and treasury management presence. Represents the incumbent competitive pressure First Liberty/First Lonestar faces entering the DFW market, especially in middle-market commercial and treasury.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
First Liberty Bank social profiles
Digital presenceFirst Liberty Bank compliance and trust
Trust signalCompliance1 record
First Liberty Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
First Liberty Bank leadership team
Management profileNumber of profiles
Profiles15 records
First Liberty Bank subsidiaries and ownership
Company hierarchySubsidiaries1 record
First Liberty Bank funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
First Liberty Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about First Liberty Bank
What does First Liberty Bank do?
First Liberty Bank is a privately held community bank that provides deposit products, consumer and commercial lending, mortgage financing, treasury management services, and specialized banking programs (energy, healthcare, nonprofit) to individuals and businesses across Oklahoma City, Norman, and the Dallas/Fort Worth metro area through its First Lonestar Bank division.
Is First Liberty Bank a public or private company?
First Liberty Bank is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was First Liberty Bank founded?
First Liberty Bank was founded in 2006. It employs 101 to 250 people.
Where is First Liberty Bank based?
First Liberty Bank is headquartered in Oklahoma City, United States, in the North America region.
How does First Liberty Bank make money?
Three revenue lines are on record. Interest Income from Lending is the primary driver. The others are deposit Interest Expense and non-Interest Income.
Who are First Liberty Bank's main competitors?
Direct peers on record are InterBank, BancFirst and First United Bank. Regional players are International Bank of Commerce (IBC Bank), Independent Bank Group, Legacy Community Bank (LegacyTexas / veritex) and Prosperity Bank. Broad incumbents are MidFirst Bank, BOK Financial and Comerica Bank.
Does First Liberty Bank have an API?
No public API is recorded for First Liberty Bank.
What industry is First Liberty Bank in?
First Liberty Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 522110 and its SIC code is 6022.