Company and Competitor Overview
Company Overview: Stride Bank, N.A.
Stride Bank, N.A., originally established in 1913 as Central State Bank in Enid, Oklahoma, underwent a major transformation with rebranding in 2019. It offers comprehensive financial services including consumer and commercial banking, mortgage, wealth management, and treasury management. Known for its innovative payment solutions, the bank collaborates with national brands such as Chime, Stash, DoorDash, and Lyft, marking its place as a leader in fintech lending.
Stride Bank operates from its headquarters in Enid, Oklahoma, with branches across Tulsa, Oklahoma City, Bartlesville, Blackwell, Woodward, Mooreland, and Salt Lake City, Utah. With a workforce of 201-500 employees, Stride Bank has maintained a strong presence and growth trajectory in these regions.
Key Leadership
- Brud Baker: CEO & President, known for steering the bank's innovative banking services while maintaining its community banking ethos.
- Chris Meyers: Regional Market President for Eastern Oklahoma, pivotal in expanding commercial real estate portfolios.
- Kevin Guarnera: EVP, Chief Banking Officer, focusing on commercial lending and community engagement.
- Rusty LaForge: EVP, General Counsel, ensuring regulatory compliance and legal oversight.
- Todd Plumley: EVP, Chief Credit Officer, influential in credit management.
- Gary Winters: Sr. VP, Commercial Lending, driving revenue through strategic lending.
- Lindsey Ogan: Chief Marketing Officer, shaping the bank's marketing strategies.
- Bradley Wallace: SVP, Chief Investment Officer, overseeing investment strategies.
Service Portfolio
Stride Bank offers a diverse range of financial products:
- Home Loans: Tailored solutions with a century-long experience.
- Transportation Loans: Expertise in trucking and construction markets.
- Commercial Real Estate Loans: For property investment needs.
- Healthcare Banking: Adapting to medical industry dynamics.
- Farm Loans: Support for Oklahoma's farmers and ranchers.
- Commercial & Industrial Loans: Customized for business relationships.
Technology and Innovation
Stride Bank's commitment to technology includes internet banking, mobile services, and treasury management. It is recognized as a top Visa issuer and pioneers in fintech and payment solutions. The first bank in Northwest Oklahoma to manage its data processing independently, it showcases its leadership in technology adoption.
Financial Overview
Stride Bank's estimated annual revenue is $56.6 million, with efficient operations demonstrated by a revenue per employee metric of $231,000. An employee count of approximately 245 points to a 29% growth, indicative of a robust expansion phase.
Competitive Landscape
Stride Bank competes in a dynamic environment with major competitors:
- IBC Bank: Operating on a larger scale with $575.4 million in revenue and 1,971 employees.
- Liberty National Bank: Reports revenue of $23.9 million with 114 employees.
- Citizens State Bank: Generates revenues of $104 million, supported by 396 employees.
Stride Bank distinguishes itself with a focus on real-time payments and prepaid/payroll card issuance, alongside a strategic geographic presence in significant Oklahoma financial markets.
Contact Information
- Website: [Stride Bank Official Site](https://stridebank.com/)
- Phone: (580) 233-3535
- Customer Service Email: customerservice@stridebank.com
Stride Bank, N.A. combines traditional banking principles with modern financial services, strategically expanding through strong leadership and innovation in payment solutions, positioning itself for continuous growth in Oklahoma and beyond.
