Bank of Oklahoma Review: Robust Digital Banking Experience and a Variety of Products
Written by
Caitlyn Moorhead
Edited by
Melanie Grafil
Commitment to Our Readers
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Gold-winning bank with exceptional digital banking and regional presence
BOKF offers a comprehensive selection of banking products and a strong digital platform for convenient banking anytime.
Bank of Oklahoma also operates as BOK Financial (BOKF) in several states. It provides a wide variety of banking products to its customers and a robust digital banking experience for the utmost convenience when banking on your schedule.
BOKF is currently the largest bank in Oklahoma and has 114 branch locations in the area and also operates in Arizona, Arkansas, Colorado, Kansas, Missouri, New Mexico and Texas. GOBankingRates gave Bank of Oklahoma the Gold in both New Mexico and Oklahoma in the Best Banks by State 2025.
Bank of Oklahoma Checking Accounts
There are multiple Bank of Oklahoma checking accounts to choose from. Here’s everything you need to know:
- The Access Checking account is the bank’s basic no-frills checking account with a $50 minimum opening deposit and no monthly maintenance fees when you sign up for online statements.
- Select Checking is designed for customers who plan on carrying larger balances and would like to earn some interest and have additional service options. The account requires a minimum opening deposit of $50 and has a monthly service fee of $15.Â
- To avoid the monthly fee, you’ll need to maintain $10,000 or have a BOKF mortgage with automatic debits from the account.
- Premier Checking is also designed for customers who want to earn interest on larger balances. The account requires a minimum opening deposit of $15 and has a monthly service fee of $25.Â
- To avoid the monthly service fee, you’ll need to have at least $25,000 in linked bank deposit accounts or at least $50,000 in any combination of qualifying linked deposits, and 10% of loan or line of credit balances.
Best For
Mobile App
Low Monthly Fees
Banking in New Mexico
Banking in Oklahoma
Loan Options
Unlimited ATM Fee Rebates
BOKF offers versatile checking accounts, from fee-free Access Checking for basic needs to interest-earning Premier Checking for customers with higher balances.
Fees
$0 to $25 monthly
APY
on Premier Checking
Min Opening
$15 to $50
Pros
- No monthly fees for Access Checking
- Unlimited ATM fee rebates with Premier Checking
Cons
- High deposit and minimum balance requirements to waive fees for Premier Checking.
Quick Take
BOKF has a variety of checking options designed to fit your financial situation no matter where you are in life.Â
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Bank of Oklahoma Savings Accounts
There’s only one savings account for adults and a youth savings option. Here are some key features:Â
- To open the Personal Savings account, you’ll need $50.Â
- There’s a $5 monthly service fee, but it can be waived by linking a Premier Checking account, maintaining a balance of $250 or more or receiving at least $10 in transfers from a BOKF checking account.
- If you sign up for a savings account, set up the QuickSave feature. For every debit card transaction you make, an amount of your choice–50 cents, for example–is transferred to your savings account. Plus, the bank will match up to $250 each year to help you maximize your savings.
Best For
Mobile App
Low Monthly Fees
Banking in New Mexico
Banking in Oklahoma
Loan Options
Up to $250 Annual Match
Bank of Oklahoma offers a basic savings account with easy-to-waive fees, a low opening deposit, and the QuickSave feature to help grow your savings with automatic transfers and matched contributions.
Fees
$0 to $5 monthly
APY
on Personal Savings
Min Opening
$50
Pros
- Fees are easy to waive if you meet the low minimum requirements.
- Low opening deposit requirements
Cons
- Low APY
- No high-yield savings account option
Quick Take
BOKF savings lets you pay yourself first by using QuickSave and automatic transfers, so you can budget out how much you want to save each month instantly.Â
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Bank of Oklahoma CD Accounts
Bank of Oklahoma provides plenty of options when it comes to opening a CD as there are Promotional CDs, Flex CDs, No Penalty CDs and Standard CDs. Here are some key considerations:
- There are a few different terms to choose from, with CDs ranging from seven days up to seven years.Â
- There is a $1,000 minimum opening deposit, with the best rates reserved for customers who deposit over $100,000.Â
- Standard CD rates may vary depending on the term and balance but some are as high as APY.
- Bank of Oklahoma also offers promotional CDs that feature higher APYs.
- A feature you don’t see with many other banks is the option to receive the interest earned into your linked checking or savings account without penalty. Or you can keep the interest in the CD and allow it to compound.Â
- Premier Checking account holders get special relationship rates that boost the APY by 0.10%. It’s one of the perks of keeping a high balance with BOKF.
Best For
Mobile App
Low Monthly Fees
Banking in New Mexico
Banking in Oklahoma
Loan Options
APYs Up to
Bank of Oklahoma provides a variety of CD options with terms ranging from seven days to seven years, competitive APYs up to and features like penalty-free interest withdrawals and special relationship rates for Premier Checking account holders.
Fees
No monthly service fee
APY
Up to
Min Opening
$1,000 to $5,000
Pros
- Competitive APYs
- Flex CDs allow you to withdraw penalty-free for the first seven months
Cons
- Shorter terms for Standard CDs have low APYs
- No Penalty CDs have a $5,000 minimum opening deposit requirement
Quick Take
BOKF offers a great variety of CD terms, but keep in mind that you may not be able to open all of them online.
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Bank of Oklahoma Money Market Accounts
You can boost your savings by opening a money market account with Bank of Oklahoma. Here are some features to factor in if you’re debating opening this account option:
- You only need $50 to open the Personal Money Market account, BOKF’s standard money market account, which makes it very accessible for the average customer.
- You can also earn interest on the money saved, depending on the balance.
- The Premier Money Market account offers higher rates for balances of $50,000 or more.
- There are monthly maintenance fees of $7.95 for Personal or $15 for Premier that can be waived if you maintain the minimum balance for your account. For the standard money market, you’ll need to maintain at least $1,000 per month. For the Premier account, you’ll need a minimum balance of $10,000.
Best For
Mobile App
Low Monthly Fees
Banking in New Mexico
Banking in Oklahoma
Loan Options
Rates on Balances of $50K and Up
Bank of Oklahoma’s money market accounts offer interest-earning potential with low opening deposits and higher rates for larger balances, though be mindful of the monthly fees. You’ll need to maintain the minimum balance to waive those fees.
Fees
$7.95 to $15
APY
Up to
Min Opening
$50
Pros
- Low minimum opening deposit requirements
- Potential to earn interest depending on how much is in your account balance
Cons
- High minimum balance requirement to waive monthly fees
Quick Take
BOKF Money Market accounts earn higher interest rates than regular savings accounts, so your money can earn more.Â
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Banking Experience
With low fees and low minimum deposit requirements, Bank of Oklahoma is a good option for the average banking customer. The accounts are accessible for most people, and the savings accounts and CDs allow them to start earning interest. However, the rates are lower than what many online banks offer.Â
Bank of Oklahoma provides a robust digital banking experience. Customers can use online banking to pay their bills, and all payments will arrive within two to four business days. The bank even provides Overpay Prevention to safeguard customers against accidentally sending the wrong payment amount.
The mobile app allows customers to deposit checks and monitor their accounts from any device. And once you sign up, you can set up alerts so you’ll always know what’s going on with your account.
App Store users rated the mobile app a nearly perfect 4.9 out of 5 stars. Android users rated the Bank of Oklahoma app a 4.7 out of 5. You can download the app at Google Play or the App Store.
How Does Bank of Oklahoma Compare?
Take a look at how the bank stacks up against some of its competitors.
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
$0 to $25 monthly
$0 or $12, with options to waive
Up to $6.95, which is waivable
APY
APY
APY
on Premier Checking
N/A
Min Opening
Min Opening
Min Opening
$15 to $50
$0
$25
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
$0 to $5 monthly
$5 monthly, waivable
No monthly service fee
APY
APY
APY
on Personal Savings
Up to
Min Opening
Min Opening
Min Opening
$50
$0
$25
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
No monthly service fee
No monthly service fee
No monthly service fee
APY
APY
APY
Up to
Up to
Up to
Min Opening
Min Opening
Min Opening
$1,000 to $5,000
$1,000
$500
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
$7.95 to $15
No monthly service fee
$10, waivable
APY
APY
APY
Up to
to
Up to
Min Opening
Min Opening
Min Opening
$50
$25
$100
Bank of Oklahoma vs. Chase Bank
Chase Bank got the Bronze in Oklahoma for GOBankingRates’ Best Banks by State 2025, but Bank of Oklahoma got the Gold. Chase also often offers promotions or sign up bonus for new customers opening accounts, but unlike BOKF, Chase doesn’t have money market account options.
Bank of Oklahoma vs. U.S. Bank
U.S. Bank got the Bronze in New Mexico for GOBankingRates’ Best Banks for 2025 2025, but Bank of Oklahoma got the Gold. However, U.S. Bank would have more options nationally and broader banking experience. It offers most account types, but it doesn’t offer competitive APYs.
Bank of Oklahoma vs. Arvest Bank
Arvest Bank offers a wide variety of accounts with low fees and reasonable opening deposit minimums. Arvest’s standard savings account offers a lower APY than Bank of Oklahoma’s Personal Savings account offers.
Final Take
The bottom line is that Bank of Oklahoma is a great option for anyone looking for minimal fees and low minimum deposit requirements. The mobile app and website are big selling points, making it easy to set up your account within five minutes. GOBankingRates gave Bank of Oklahoma the Gold in both New Mexico and Oklahoma in the Best Banks in each state for 2025.
Bank of Oklahoma FAQ
Here are the answers to some commonly asked questions about Bank of Oklahoma.- Is BOK the same as Bank of Oklahoma?
- Yes, BOK or BOKF is the same financial institution, as BOK or BOKF is short for Bank of Oklahoma or Bank of Oklahoma Financial.
- Does BOK Financial have Zelle?
- Yes, Bank of Oklahoma has Zelle and you can use your account to transfer funds through it online.
- What services are offered by BOK?
- Bank of Oklahoma offers a wide variety of banking products and services including checking, savings, CDs and money market accounts.
Jamie Johnson, Cynthia Measom and Cynthia Bowman contributed to the reporting for this article.
Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Dec. 20, 2024.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
To discover the Best Banks by state, GOBankingRates analyzed the top institutions (excluding online banks and neobanks) by state branch locations. To determine rankings, GOBankingRates looked at the following factors: (1) total assets as sourced from the FDIC; (2) checking product minimum deposit; (3) monthly checking fee ratio (percentage of the minimum to avoid fees compared to the monthly fee itself); (4) savings product minimum deposit; (5) savings product APY; (6) Bauer rating (out of 5 stars); (7) products/services offered (auto loans, mortgage loans, credit cards, investment services and insurance); and (8) the average mobile app rating between the Google Play (Android) and Apple stores. All factors were then scored and combined, with the lowest score being the best. Factors (1), (2) and (4) were weighed 0.5 times, factor (5) was weighed 2.5 times and factor (7) was weighed 1.5 times. All products and offerings had to be available as of Nov. 8, 2024, to be considered. Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Dec. 20, 2024. To qualify as one of the Best Banks in the state, the institution needed at least five branch locations in the respective state, with some exceptions for larger and/or smaller states.
