OKLAHOMA CITY (OBV) — MidFirst Bank has expanded its Oklahoma City headquarters campus with the purchase of a 250,000‑square‑foot office building adjacent to its existing facilities, a move the bank says supports continued growth and reinforces its commitment to Oklahoma. The building is the former “Building 14” on the Chesapeake Energy—now Expand Energy—campus.
“Oklahoma City is MidFirst’s hometown and headquarters, and this acquisition reflects our enduring commitment to the community while positioning us for continued growth,” said Todd Dobson, MidFirst’s chief executive officer. The bank said it has expanded in recent years and now operates banking locations in Oklahoma, Arizona, California, Colorado, Nevada, Texas and Utah, with mortgage servicing, private banking and commercial real estate lending offered nationwide.
Largest privately owned U.S. bank
MidFirst reports $41.4 billion in assets and describes itself as the largest privately owned bank in the United States, a scale the bank says allows national reach while retaining the stability and long‑term focus of private ownership.
Why this property—and why now
The former Chesapeake campus on NW 63rd and Western has been in transition amid changes at the energy company and new redevelopment plans led by local real estate groups. In late 2025, Robinson Park acquired the west portion of the campus and began rebranding the site as “The Peake,” positioning it for new tenants and eventual mixed‑use development. MidFirst’s purchase of a separate building on the campus adds banking‑sector momentum to that broader repositioning.
The energy context is shifting, too: Expand Energy—the company formed from Chesapeake’s 2024 merger—announced plans Feb. 9 to relocate its headquarters to Houston by mid‑2026 while maintaining an Oklahoma City presence, creating additional opportunities for backfill and reuse across the campus.
Community ties and civic footprint
MidFirst reiterated its local roots—dating to the Records family’s ownership and the bank’s formation in 1982—and pointed to long‑running support for healthcare initiatives, education, and civic‑oriented nonprofits, including its role as a founding partner of the Oklahoma City Thunder.
“We see tremendous opportunity ahead—both here in Oklahoma City and across the country,” Dobson said.
What’s next
MidFirst did not disclose a renovation timeline for the newly acquired building. With the bank’s headquarters campus growing on the edge of a high‑profile redevelopment, local real estate watchers will track how much of the space becomes home to banking operations versus ancillary functions. The purchase adds another anchor employer to an area of northwest Oklahoma City that’s re‑tenanting significant square footage and amenities after years of energy‑sector consolidation.
