Midfirst bank mobile deposit limit
What is MidFirst Bank
MidFirst Bank is a privately owned bank in the United States based in Oklahoma City, Oklahoma. Its primary markets include Oklahoma City, Tulsa, Western Oklahoma, Denver, Phoenix, and Dallas, with commercial lending offices in Atlanta, Boston, Chicago, Cleveland, Houston, New York City, St. Louis, and Southern California. MidFirst
Bank also has full-service banking centers in Boulder and Edwards, Colorado. MidFirst Bank offers personal, commercial, trust, private banking, and mortgage banking products and services.
Additionally, the bank operates 1st Century Bank of Los Angeles as a division of MidFirst Bank and MidFirst Business Credit of Atlanta as a subsidiary of MidFirst Bank.
MidFirst Bank History
The Midland Group began in 1954 when W.R. Johnston, an experienced Oklahoma banker, purchased a 50 percent share in Midland Mortgage Company, an Oklahoma City-based company that had been formed four years earlier by a handful of individual investors.
By 1963, Johnston and his son-in-law, George Records, had purchased the remaining 50 percent. Today, the Records family owns 100 percent of the Midland Group.
In 1982, Midland Financial Co. purchased a newly formed charter bank in Stilwell, OK, named it MidFirst Bank, and moved it to Oklahoma City.
At the end of its first year, the bank had $1.7 million in assets and five employees.
In 2009, MidFirst Bank acquired Community Bank of Arizona and Union Bank.
In 2015, MidFirst Bank acquired Denver-based Steele Street Bank & Trust, a locally owned and operated community bank.
Also, In July 2016, MidFirst Bank acquired 1st Century Bancshares in Los Angeles. After the merger, MidFirst Bank’s combined assets totaled more than $12 billion.
MidFirst Bank Mobile Deposit Limit
As officially stated;
“We reserve the right to impose limits on the amount(s) and/or number of deposits that you transmit using MidFirst Mobile Deposit and to modify such limits from time to time. The maximum amount you may deposit in any single transaction through MidFirst Mobile is three thousand dollars ($3,000.00).”