McClain Bank
McClain Bank is a privately held, FDIC-insured community bank founded in 1920 in Purcell, Oklahoma, serving individuals and small to medium-sized businesses across three branches in Purcell, Norman, and Noble with personal banking, business banking, and mortgage lending products.
- Company typePrivate
- Founded1920
- HeadquartersPurcell, United States
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What McClain Bank does
McClain Bank is a privately held, FDIC-insured community bank founded in 1920 and headquartered in Purcell, Oklahoma, serving Purcell, Norman, Noble, and surrounding Oklahoma communities. It operates three branches across these cities and describes itself as locally owned and family operated, emphasizing long-tenure relationships across generations of Oklahoma families and businesses.
The bank delivers a full-service retail and commercial banking product set organized across Personal, Business, and Lending lines. Personal offerings include checking, money market, savings, CDs, IRAs, personal credit cards, and personal loans. Business offerings include business checking, interest-bearing accounts, merchant services, Remote Deposit Capture, and business credit cards. Mortgage Lending covers conventional, VA, Section 184, USDA Rural Development, and FHA programs. The technology stack is a traditional community banking platform (NetTeller for online enrollment and account access), augmented by mobile banking on iOS and Android, Remote Deposit Capture for business deposits, and the Insights PFM personal financial management tool. Strategic partnerships with Allpoint (no-fee ATM network), Early Warning Services (Zelle peer-to-peer payments), and NetTeller (online banking technology) extend distribution and digital capabilities without proprietary platform build.
McClain Bank's revenue model is standard for a community bank: net interest income from the deposit and loan book, plus fee income from merchant services, credit cards, Remote Deposit Capture, and treasury-related services. Pricing is not publicly disclosed; rates on checking, savings, CDs, IRAs, loans, and credit cards require direct inquiry. Customer segments are split between individual consumers (personal banking) and small to medium-sized local businesses (business banking), with mortgage lending as a secondary segment serving homebuyers. The bank reports no subsidiaries, no parent company, no disclosed funding rounds, no acquisitions, and no public M&A, leadership, or restructuring activity; marketing channels are limited to the corporate website, Facebook and Twitter, and community engagement across Purcell, Norman, Noble, Lexington, Washington, and Wayne.
McClain Bank firmographics
Firmographics- Name
- McClain Bank
- Legal name
- McClain Bank
- Website
- https://mcclainbank.com
- Company type
- Private
- Founded year
- 1920
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- McClain Bank is a privately held, FDIC-insured community bank founded in 1920 in Purcell, Oklahoma, serving individuals and small to medium-sized businesses across three branches in Purcell, Norman, and Noble with personal banking, business banking, and mortgage lending products.
- Ownership category
- akta.pro rank
McClain Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Depository Credit Intermediation (5221)
- SIC
- Mortgage Bankers & Loan Correspondents (6162), Personal Credit Institutions (6141)
- akta.pro primary industry
- Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL)
Keywords
Where McClain Bank is headquartered
LocationHeadquarters
- HQ city
- Purcell
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
McClain Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Distribution channels5 records
Marketing channels5 records
McClain Bank product offering
Product offeringCore offering
McClain Bank is a locally owned and family-operated community bank that has served Purcell, Oklahoma and the surrounding region for 104 years since its founding around 1920. The bank provides personal and business deposit accounts (checking, savings, CDs, IRAs, credit cards), personal and commercial loans, mortgage financing across multiple government-backed programs, merchant services, and digital banking through online and mobile channels with Zelle payment support.
Product overview
McClain Bank offers a comprehensive suite of banking products and services through a unified platform. The core offerings include personal and business checking and savings accounts, CDs, IRAs, and credit cards. Digital banking is delivered through Online & Mobile Banking (including Insights PFM for personal financial management). The lending portfolio covers personal loans, commercial loans, and mortgage loans. Business services include Merchant Services, Remote Deposit Capture, and Business Interest-Bearing accounts. The bank also provides additional services like lost/stolen card reporting, fraud guidelines, and community resources.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Checking & Money Market Checking and money market deposit accounts for individual customers.
- Personal Savings, CDs & IRAs Savings accounts, Certificates of Deposit, and Individual Retirement Accounts for personal customers.
- Online & Mobile Banking Digital banking platform enabling customers to manage accounts, view balances, transfer funds, pay bills, and access statements online and via mobile devices.
- Personal Credit Cards Credit card products for personal banking customers.
- Business Checking Checking account services designed for business customers.
- Business Interest-Bearing Accounts Interest-bearing deposit accounts for business customers.
- Online Banking for Business Digital banking platform tailored for business customers with enhanced features for cash management.
- Merchant Services Card payment processing services for business merchants.
- Business Credit Cards Credit card products for business customers.
- Personal Loans Loan products for personal needs including autos, boats, RVs, debt consolidation, and vacations.
- Commercial Loans Loan products for business purposes including lines of credit, equipment, supplies, and farm expenses.
- Mortgage Loans Home purchase and dwelling loans including conventional, VA, Section 184, USDA Rural Development, and FHA mortgages.
Companies that use McClain Bank
Customer profileSegments3 records
Ideal customer profiles2 records
McClain Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature4 records
McClain Bank partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- AllpointcoreAllpoint provides McClain Bank customers with access to a nationwide no-fee ATM network, allowing cardholders to withdraw cash without paying ATM surcharges at Allpoint participating locations.
- Early Warning Services (Zelle)coreMcClain Bank offers Zelle payment services through a partnership with Early Warning Services, LLC, enabling customers to send and receive money quickly and securely through the bank's online and mobile banking platforms.
Scale indicators3 records
Recent moves6 records
Expansion highlights3 records
McClain Bank competitors and assessment
Company assessmentDirect peers
- Liberty National Bank: Oklahoma-headquartered community bank with personal, business, and mortgage lending products serving Oklahoma communities. Comparable in scope and target customer base to McClain Bank.
- BancFirst Corporation: Oklahoma's largest state-chartered community bank holding company, headquartered in Oklahoma City. Operates a similarly full-service personal/business/mortgage banking model across dozens of Oklahoma communities, making it the most direct comparably-sized community bank peer for McClain Bank.
- Intrust Bank: Wichita, Kansas-headquartered community bank with personal, business, wealth, and mortgage banking services. Comparable in size, community-bank positioning, and product breadth to McClain Bank, though operating in a different state.
- Valliance Bank: Oklahoma City-based community bank focused on personal, business, and treasury management services. Similar relationship-driven, locally rooted banking model to McClain Bank.
- First United Bank: Oklahoma-based community bank offering personal and business banking, mortgage lending, and digital banking services across multiple Oklahoma markets. Closely matches McClain's product mix, scale, and relationship-banking positioning.
Broad incumbents
- BOK Financial (Bank of Oklahoma): Tulsa-headquartered regional financial holding company and the dominant Oklahoma banking brand with personal, business, mortgage, wealth, and capital markets services. Overlaps McClain's core offerings but operates at vastly larger scale and broader portfolio depth.
Regional players
- Arvest Bank: Northwest Arkansas-headquartered regional community banking franchise with branches in Oklahoma. Offers comparable personal/business/mortgage banking products but with materially larger geographic footprint and asset base.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
McClain Bank social profiles
Digital presenceMcClain Bank compliance and trust
Trust signalCompliance2 records
McClain Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
McClain Bank leadership team
Management profileNumber of profiles
McClain Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
McClain 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 McClain Bank
What does McClain Bank do?
McClain Bank is a locally owned and family-operated community bank that has served Purcell, Oklahoma and the surrounding region for 104 years since its founding around 1920. The bank provides personal and business deposit accounts (checking, savings, CDs, IRAs, credit cards), personal and commercial loans, mortgage financing across multiple government-backed programs, merchant services, and digital banking through online and mobile channels with Zelle payment support.
Is McClain Bank a public or private company?
McClain Bank is a private company. It is classified as family owned and is currently operating.
When was McClain Bank founded?
McClain Bank was founded in 1920. It employs 51 to 100 people.
Where is McClain Bank based?
McClain Bank is headquartered in Purcell, United States, in the North America region.
Who are McClain Bank's main competitors?
Direct peers on record are Liberty National Bank, BancFirst Corporation, Intrust Bank, Valliance Bank and First United Bank. BOK Financial (Bank of Oklahoma) is listed as a broad incumbent. Arvest Bank is listed as a regional player.
Does McClain Bank have an API?
No public API is recorded for McClain Bank.
What industry is McClain Bank in?
McClain Bank's product category is Community Banking. Its primary akta.pro industry code is FSAKAAAL, Bank & Credit Union Personal Loans (Unsecured Installment). Its NAICS code is 5221 and its SIC code is 6162.