Arvest Bank Reviews
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About Arvest Bank
Arvest Bank is a regional bank headquartered in Lowell, Arkansas. It has over 200 branches across Arkansas, Kansas, Missouri and Oklahoma. The bank offers a variety of financial products and services, including personal and business banking, loans, mortgages and investment services.
- Variety of account types
- Personalized services
- Over 200 branch locations
- Competitive rates on some accounts
- Limited service area
- Monthly fees on deposit accounts
Helpful Reviews
What is Arvest Bank?
Arvest Bank has been providing banking services to its customers since 1961. It operates across several states in the Midwest, and offers a broad range of personal and business banking products, including checking and savings accounts, loans, credit cards, mortgages and investment services.
One thing that sets Arvest Bank apart from its competitors is its commitment to providing excellent customer service. Several ConsumerAffairs customer reviews mention loving Arvest Bank because the tellers and bank employees know them by name.
How does Arvest Bank work?
Arvest Bank provides access to six types of checking accounts, three types of savings accounts, certificates of deposit (CDs), loans, mortgages, credit cards and investment services. Customers can manage their accounts through online and mobile banking, as well as through the bank's extensive network of branches and ATMs.
As a member of the Federal Deposit Insurance Corporation (FDIC), Arvest Bank deposits are protected up to the maximum allowed by law. This means that customers can have peace of mind knowing their funds are secure and protected against bank failure.
Arvest Bank products and services
Arvest Bank offers multiple products to its customers, including checking and savings accounts, loans and credit cards.
Checking accounts
While the Free Blue account has no monthly fee, Arvest’s other checking accounts have monthly fees that range from $3 to $18, depending on the account. Free Blue and Preferred Club come with overdraft coverage, ranging from $400 to $1,000.
myBlue offers additional benefits, such as IDProtect and AD&D insurance, while Arvest Club and Preferred Club come with even more benefits, including complimentary notary services, money orders and higher limits for identity theft protection and AD&D insurance. Preferred Club is Arvest’s only interest-earning checking account.
Bright Solutions is a checkless account with no overdraft fees, and customers can choose between e-statements or paper statements for a slightly higher monthly fee.
Savings accounts
Cool Blue Savings is designed for those under the age of 18 and has no monthly service charge. Savings has a $2 monthly service charge, which can be avoided with a minimum daily balance of $100 or an average daily balance of $500.
Money Market requires a minimum daily balance of $2,500 to avoid a $10 monthly service charge, but offers a better interest rate than a traditional savings account for maintaining higher balances.
Certificates of deposit
Loans and mortgages
Credit cards
Investment services
Arvest Bank fees
As with most traditional banks, Arvest Bank charges various fees. Checking account fees range from $0 to $18 per month, while savings account fees range from $0 to $10 per month. Most fees can be waived when you carry a minimum balance or meet certain activity requirements.
Some other common fees found at Arvest Bank include:
- $2.50 for non-network ATM withdrawals
- $7.50 for ATM or debit card replacements
- $10 for automatic transfers to or from an external bank
- $5 for dormant accounts that have been inactive for one year
- $17 for overdrafts, charged up to four times per day
- $10 for incoming wire transfers
- $3 to $10 for TransferNow outgoing wires transfers
- $20 to $25 for domestic outgoing wire transfers
- $40 to $60 for international outgoing wire transfers
Arvest Bank FAQ
Does Arvest Bank use Zelle?
Yes, Arvest Bank customers can use Zelle to send and receive money from friends and family.
Is Arvest Bank a good bank?
Overall, Arvest Bank is a solid bank with a wide range of account options and a strong presence in Arkansas, Oklahoma, Missouri and Kansas. It may be a good fit for those looking for a regional bank with local branches and a variety of account types.
How much does Arvest let you overdraft?
Arvest Bank provides up to $400 in overdraft coverage for its Free Blue checking account and up to $1,000 in overdraft coverage for its Preferred Club checking accounts. You can also enroll in basic or extended overdraft protection depending on which account you have.
Did Arvest buy Bank of America?
Arvest Bank did not acquire Bank of America. However, it did purchase 29 Bank of America locations in 2013 to turn them into Arvest Bank branches.
Still have questions?
Is Arvest Bank legit?
Arvest Bank is a legitimate bank that operates in Arkansas, Oklahoma, Missouri and Kansas. It offers a variety of account types — including checking accounts, savings accounts and CDs — and features like free online banking, overdraft protection and bill pay. Additionally, the bank provides access to ATMs, local branches and online customer support.
One potential downside of Arvest Bank is that it has limited availability outside of its four-state service area. Additionally, some of its account types have monthly fees that may be less competitive compared to other banks. However, Arvest Bank may be a good fit for those looking for a regional bank with a strong presence in the Midwest.
Arvest Bank Reviews
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- 4,889,230 reviews on ConsumerAffairs are verified.
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- We use intelligent software that helps us maintain the integrity of reviews.
- Our moderators read all reviews to verify quality and helpfulness.
Arvest Bank Company Information
- Company Name:
- Arvest Bank
- Website:
- www.arvest.com









