Sooner State Bank
Sooner State Bank is a privately held Oklahoma community bank founded in 1926, operating 7 branches across the OKC metro and surrounding communities. It serves individuals and small businesses with checking, savings, loans, mortgages, and digital banking, with $321.65M in total assets as of December 31, 2021.
- Company typePrivate
- Founded1926
- HeadquartersTuttle, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What Sooner State Bank does
Sooner State Bank is a privately held, state-chartered community bank founded in 1926 and headquartered in Tuttle, Oklahoma. Operating exclusively within Oklahoma across 7 branch locations in Tuttle, Newcastle (two branches), Konawa, Oklahoma City (Village and Spencer), and Midwest City, the bank serves individual consumers, small businesses, and non-profit organizations with a full suite of traditional banking products. Its core deposit offerings span multiple personal checking tiers (Regular, Value-Pak, Free, Lifeline, Senior Citizen, Super Value-Pak, Super Now), savings accounts, money market deposit accounts, and certificates of deposit, alongside Kasasa-branded reward products (Kasasa Cash at 5.00% APY, Kasasa Cash Back, Kasasa Saver at 2.00% APY). Lending products include consumer loans (with same-day funding available in most cases), home loans, 15-30 year mortgages, and commercial/small-business lending.
The bank's technology stack centers on Apiture's XpressMobile mobile banking platform, providing iOS and Android applications with biometrics authentication, mobile deposit, and full online banking functionality, complemented by 24/7 telephone banking and standard web-based online banking with bill pay, transfers, and eStatements. Business customers access remote deposit capture and earnings-credit-based business checking. The bank's revenue mechanics are typical of community banking: primary income from net interest spread on a $160.39M net loan portfolio against $290.26M in deposits (as of December 31, 2021), supplemented by transaction-based fees across personal checking, savings (with tiered quarterly/monthly service charges), business checking (maintenance and per-transaction fees), and overdraft privilege charges. As an affiliate of holding company Tuttle Bancshares, Inc., the bank is FDIC-insured and operates under Oklahoma state and FDIC regulatory oversight.
Go-to-market is sales-led and community-focused: customer acquisition occurs primarily through physical branch presence, drive-thru services, and local partnerships with cities, schools, and chambers of commerce, augmented by digital onboarding through the website and mobile app. As of December 31, 2021, the bank reported total assets of $321.65M, total equity of $30.10M, and a 101-250 employee headcount, positioning it as a mid-sized community bank with a defensible Oklahoma footprint but limited geographic diversification.
Sooner State Bank firmographics
Firmographics- Name
- Sooner State Bank
- Legal name
- SOONER STATE BANK
- Website
- https://soonerstatebank.com
- Company type
- Private
- Founded year
- 1926
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Sooner State Bank is a privately held Oklahoma community bank founded in 1926, operating 7 branches across the OKC metro and surrounding communities. It serves individuals and small businesses with checking, savings, loans, mortgages, and digital banking, with $321.65M in total assets as of December 31, 2021.
- Ownership category
- akta.pro rank
Sooner State Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industry
- Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)
Keywords
Where Sooner State Bank is headquartered
LocationHeadquarters
- HQ city
- Tuttle
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
Sooner State 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, Others
Revenue model
- Interest Income from Loans: Primary revenue from interest earned on consumer loans, business loans, home loans, and mortgage loans. Loan products include 15-30 year mortgages and various consumer/commercial lending options.
- Business Checking Analysis Charges: Monthly maintenance fee of $5.00, $0.12 per debit/credit entry, $0.10 per deposited item, and 18% negative collected balance charge for business accounts
- Savings Account Fees: Quarterly service charges ($9.00 for Regular Savings, $8.00 for Money Market), excess withdrawal fees ($2.00-$8.00), minimum balance enforcement
- Personal Checking Fees: Various monthly service charges based on account type ($0-$8 monthly) and average balance tiers; Value-Pak includes bundled insurance and services
- Investment Products: Revenue from Certificates of Deposit, Premier Investment MMDA, and related investment account services
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Free Checking - No monthly service charge |
| Other | Monthly | Value-Pak Checking - $7 monthly with bundled benefits |
| Other | Monthly | Senior Citizen Checking - Free for 60+ with direct deposit |
| Hybrid | Monthly | Kasasa Saver - High yield savings with qualifications |
| Hybrid | Monthly | Kasasa Cash - 5.00% APY checking |
| Hybrid | Monthly | Kasasa Cash Back - 5% cash back checking |
| Other | Monthly | Regular Savings - $9 quarterly service charge |
| Other | Monthly | Money Market Savings - $8 monthly with $2,500 minimum |
| Other | Monthly | Premier Investment MMDA - $25,000 minimum opening |
| Other | Pay-as-you-go | Certificates of Deposit - Competitive tiered rates |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels4 records
Sooner State Bank product offering
Product offeringCore offering
Sooner State Bank is a community bank headquartered in Tuttle, Oklahoma, providing deposit accounts (checking, savings, money market, CDs), consumer and commercial lending, home mortgage loans, and digital banking services (online, mobile, telephone) through 7 branch locations across Oklahoma. The bank offers Kasasa-branded reward checking and savings products and serves both individuals and small businesses with FDIC-insured accounts.
Product overview
Sooner State Bank is a community bank offering a comprehensive suite of banking products and services. The core offerings include multiple personal checking account types (Regular, Value-Pak, Free, Lifeline, Senior Citizen, Super Value-Pak, Super Now), savings accounts (Regular, Minor, Money Market), and Certificates of Deposit. The bank also offers consumer, home, mortgage, and business lending services across 7 Oklahoma locations. Digital banking is delivered through Online Banking and Mobile Banking apps for iOS and Android, with features including mobile deposit, bill pay, and 24/7 telephone banking. The bank's product portfolio includes Kasasa-branded reward checking accounts (Kasasa Cash, Kasasa Cash Back, Kasasa Saver) and business checking services. Additional services include Overdraft Privilege protection and Remote Deposit Capture for business customers.
Differentiator
Problem solved
Functional benefit
Products and services
- Free Kasasa Cash Checking
- Free Kasasa Cash Back Checking
- Free Kasasa Saver
- Personal Checking Accounts
- Savings Accounts
- Certificates of Deposit
- Premier Investment MMDA
- Business Checking Accounts
- Consumer Loans
- Home Loans
- Mortgage Loans
- Business Lending
- Online Banking
- Mobile Banking
- Telephone Banking (24/7)
Quantifiable outcome
- Same-day loan funding available in most cases
- +2 more outcomes
Companies that use Sooner State Bank
Customer profileSegments3 records
Ideal customer profiles3 records
Sooner State Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Sooner State Bank partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- ApiturecoreApiture provides the mobile banking platform for Sooner State Bank. The bank uses Apiture's XpressMobile technology, evidenced by the Android app ID com.apiture.xpressmobile.ssbtok.sub. Apiture powers the mobile banking app with features including biometrics, mobile deposit, and full account access.
Scale indicators6 records
Recent moves5 records
Expansion highlights4 records
Sooner State Bank competitors and assessment
Company assessmentDirect peers
- NBC Oklahoma (National Bank of Commerce): Oklahoma-focused community bank providing consumer and commercial banking services. Similar deposit-funded model and small-business focus.
- BancFirst: Oklahoma's largest state-chartered community bank with branches across the state. Closest large-scale peer in terms of product mix (consumer/business banking, mortgage) and Oklahoma concentration.
- Citizens Bank of Edmond: Sub-scale community bank serving the OKC metro with a similar mix of deposit, consumer lending, and mortgage products. Most directly comparable by size and geography.
- FirstBank Oklahoma: Oklahoma community bank serving consumers and small businesses with checking, savings, and lending products. Operates in overlapping OKC-area markets.
- F&M Bank & Trust: Oklahoma community bank offering checking, savings, and lending to individuals and small businesses. Comparable in scale, branch-based model, and customer segments.
Broad incumbents
- Arvest Bank: Large regional community banking franchise with significant Oklahoma presence. Overlaps heavily in deposit and mortgage products but operates at materially greater scale.
- BOK Financial (Bank of Oklahoma): Oklahoma's largest bank holding company with full-service consumer, commercial, and wealth offerings. Sets the competitive ceiling for community-bank peers in the state.
- MidFirst Bank: Oklahoma-headquartered bank with the state's largest branch network. Competes directly for consumer deposits and mortgages across the OKC metro.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Sooner State Bank social profiles
Digital presenceSooner State Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sooner State Bank leadership team
Management profileNumber of profiles
Profiles13 records
Sooner State Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sooner State 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 Sooner State Bank
What does Sooner State Bank do?
Sooner State Bank is a community bank headquartered in Tuttle, Oklahoma, providing deposit accounts (checking, savings, money market, CDs), consumer and commercial lending, home mortgage loans, and digital banking services (online, mobile, telephone) through 7 branch locations across Oklahoma. The bank offers Kasasa-branded reward checking and savings products and serves both individuals and small businesses with FDIC-insured accounts.
Is Sooner State Bank a public or private company?
Sooner State Bank is a private company. It is classified as corporate owned and is currently operating.
When was Sooner State Bank founded?
Sooner State Bank was founded in 1926. It employs 101 to 250 people.
Where is Sooner State Bank based?
Sooner State Bank is headquartered in Tuttle, United States, in the North America region.
How does Sooner State Bank make money?
Five revenue lines are on record. Interest Income from Loans are the primary driver. The others are business Checking Analysis Charges, savings Account Fees, personal Checking Fees and investment Products.
Who are Sooner State Bank's main competitors?
Direct peers on record are NBC Oklahoma (National Bank of Commerce), BancFirst, Citizens Bank of Edmond, FirstBank Oklahoma and F&M Bank & Trust. Broad incumbents are Arvest Bank, BOK Financial (Bank of Oklahoma) and MidFirst Bank.
Does Sooner State Bank have an API?
No public API is recorded for Sooner State Bank.
What industry is Sooner State Bank in?
Sooner State Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABAAAE, Branch & In-Person Banking (Teller/ATM Networks). Its NAICS code is 52211 and its SIC code is 6022.