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Working at Arvest Bank

Zippia score 4.2

Overview

RevenueLocations

Reviews

HistoryDemographicsCompetitorsCEO & Executives

Arvest Bank overview

Industry
Finance
Revenue
$170M
Headquarters
Employees
6,324
Founded in
1871
Website
Organization type
Private
CEO
Buddy Philpot
Social media
Arvest Bank, named by Forbes magazine as one of “America's Best Large Employers” for 2017, operates more than 250 bank branches in Arkansas, Oklahoma, Missouri and Kansas through a group of 16 locally managed markets, each with its own local board and management team. These banks serve customers in more than 120 communities, with extended weekday banking hours at many locations. Arvest also provides a wide range of banking services including loans, deposits, treasury management, credit cards, mortgage loans and mortgage servicing. Arvest is an Equal Housing Lender and Member FDIC.
The staff at Arvest Bank come from unusually diverse demographic backgrounds. The company is 65.3% female and 34.0% ethnic minorities. Despite its diversity in other areas, Arvest Bank employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 72.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. Arvest Bank has great employee retention with staff members usually staying with the company for 4.3 years.
Based in Arkansas, Arvest Bank is a key player in the finance industry with 6,324 employees and an annual revenue of $170.0M.

Arvest Bank's mission statement

To help people find financial solutions for life; that means all people. We strive every day to create the best experiences for our associates and customers. This begins with our commitment to diversity and inclusion within our workforce, workplace and communities we serve.

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2.0/5

Arvest Bank employee reviews

Based on 5 ratings

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Arvest Bank employee reviews

Arvest Bank employee reviews
2.0/5

Based on 5 ratings

Work at Arvest Bank? Share your experience.
Employee reviews
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1.0
A zippia user wrote a review on Sep 2023
Pros of working at Arvest Bank

PTO

Cons of working at Arvest Bank

Toxic leadership upper level , no regard for associates more talk no work

Arvest Bank benefits

Pto

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3.0
A zippia user wrote a review on Apr 2023
Pros of working at Arvest Bank

I absolutely adored my bank family! They are so amazing, warm and friendly!

Arvest Bank benefits

The perk is my retirement bonus that they dumped into my 401k every year. That was very good.

Cons of working at Arvest Bank

If you excel at what you do, management will not promote you. This can be regional and unfortunately has lead to departures of very talented professionals. The pay is substandard and you will work for every dime you make unless you’re an officer. They talk a good game about DEI but the pay and treatment does not reflect it.

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4.0
A zippia user wrote a review on Apr 2019
Pros of working at Arvest Bank

Great benefits (other than medical) and good work family life balance. Flexible managers and genuine people.

Cons of working at Arvest Bank

Pay could be more competitive and there are not many performance based incentives for support roles.

Arvest Bank benefits

Flexible PTO

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The team at Arvest Bank

  • The key people at Arvest Bank is Buddy Philpot.
Key people
Buddy Philpot

Arvest Bank rankings

Arvest Bank is ranked #10 on the Best Finance companies to work for in Arkansas list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

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Arvest Bank diversity

9.6
Diversity score
We calculated Arvest Bank’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Arvest Bank’s workforce.
Arvest Bank diversity summary. Zippia estimates Arvest Bank's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Arvest Bank's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Arvest Bank's workforce.
  • Arvest Bank has 6,324 employees.
  • 65% of Arvest Bank employees are women, while 35% are men.
  • The most common ethnicity at Arvest Bank is White (66%).
  • 12% of Arvest Bank employees are Hispanic or Latino.
  • 9% of Arvest Bank employees are Black or African American.
  • The average employee at Arvest Bank makes $38,031 per year.
  • Arvest Bank employees are most likely to be members of the republican party.
  • Employees at Arvest Bank stay with the company for 4.3 years on average.

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Arvest Bank office locations

Arvest Bank is headquartered in Lowell, AR

Arvest Bank financial performance

7.9
Performance score

Highest paying Arvest Bank competitors

Compare Arvest Bank salaries to competitors, including Bank of the West, KeyBank, and Bear State Financial. Employees at Bank of the West earn the highest average yearly salary of $83,013. The salaries at KeyBank average $56,777 per year, and the salaries at Bear State Financial come in at $55,254 per year.
RankCompanyAverage salaryJobs
1$83,0130
2$56,7770
3$55,2540
4$53,2110
5$48,0330
6$46,7930
7$45,8520
8$45,4170
9$42,9840
10$41,7700
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    Updated March 14, 2024

    Zippia gives an in-depth look into the details of Arvest Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Arvest Bank. The employee data is based on information from people who have self-reported their past or current employments at Arvest Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Arvest Bank. The data presented on this page does not represent the view of Arvest Bank and its employees or that of Zippia.

    Arvest Bank may also be known as or be related to Arvest Bank, Arvest Bank Group, Arvest Bank Group Inc, Arvest Bank Group Inc. and Arvest Bank Group, Inc.