SeeBITDAOklahoma

WEOKIE Federal Credit Union

  • 8100 W Reno Ave, Oklahoma City, OK
  • 11 locations
Estimated revenueMedium confidence
$63.0M
$50.4Mlikely range$94.5M
Revenue
$63.0M
a year
Profit (EBITDA)
$28.4M
45% of revenue
Employees
216
on its 2024 401(k) filing
Jeff Carpenter
President · source · LinkedIn
Unlikely to sell soon

How we got $63.0M

Based on 216 employees on its 2024 401(k) filing.

216 employees (2024 401(k) filing) × $292K each$63.0M
Revenue$63.0M
× 45% profit margin$28.4M

· Own this business? Correct these figures

What we know

No PPP loan
401(k) filing, 2024
No reported financials
Company website
Owner named
11 locations found

Signs of a sale Unlikely to sell soon

  • Acquired by WEOKIE Federal Credit Union

From public records and the company's website, not a statement that it's for sale.

What they do

WEOKIE Federal Credit Union is a credit union offering checking and savings accounts, loans, mortgages, credit cards, insurance, and investment services. It describes its focus as building strong communities one member at a time.

Products & services
Savings AccountsCertificatesMoney Market AccountsIRAsChecking AccountsVisa Debit CardsCredit CardsOnline and Mobile BankingDirect DepositOverdraft ProtectionSafe Deposit BoxesVehicle Loans
Markets served
Members
Service area
OklahomaOK
Certifications
Equal Housing LenderNMLS# 442689Federally Insured by NCUA

From the company's website. Industry: Banks & credit unions.

Ownership & transactions

  • Acquired by WEOKIE Federal Credit Union
    A proposed merger would combine El Reno R.I.L. Credit Union into WEOKIE Federal Credit Union, though the result is a regulatory docket listing and does not confirm completion.
    Source

Customers & suppliers

Suppliers & brands

  • TruStage · brand it sells or installs
  • Greenlight Select · brand it sells or installs

Employees over time

▲ 38% since 2020
025050020202021202220232024157216
401(k) / retirement-plan participants
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020Form 5500157$45.0M$20.2M
2021Form 5500244$69.9M$31.5M
2022Form 5500222$63.6M$28.6M
2023Form 5500226$64.8M$29.1M
2024Form 5500216$61.9M$27.9M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
WEOKIE Federal Credit Union
this business
$63.0M$28.4M—
All America Bank
Oklahoma City
$39.7M$4.7M1.2 mi
Bank of America ATM
Oklahoma City
$984K$443K1.8 mi
Arvest Bank
Oklahoma City
$984K$443K1.9 mi
IBC Bank
Bethany
$984K$443K2.1 mi
Oklahoma Educators CU
Bethany
$984K$443K2.2 mi
Bank of Oklahoma
Bethany
$984K$443K2.4 mi

The full calculation

Brought up to date: prices are 10% higher than in the benchmark's year, both included above.

Employees in its retirement plan (2024 Form 5500)216
Industry revenue per employee$287K
Revenue = employees × revenue per employee$63.0M
EBITDA margin (industry, adjusted for size)45%
EBITDA = revenue × margin$28.4M

Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.

Revenue range$50.4M – $94.5M
EBITDA range$22.7M – $42.5M
Industry (NAICS)Credit unions (522130)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

People & advisors

Leadership

  • YF
    Youssi Farag
    Chief Financial Officer · From a web search · source
  • MA
    Marna Asbury
    Vice President of Mortgage · From a web search · source
  • KS
    Kyle Sanders
    Chief Delivery Officer · From a web search · source
  • CR
    Christy Renaker
    Signed for the company · 2024 retirement-plan filing (Form 5500)

Advisors

  • AccountingForvis Mazars, LLPAudits its 401(k) plan (2024 filing)

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

11 locations

8100 W Reno AveOklahoma CityThis listing
310 S Kelly AveEdmondView
6100 SE 15th StMidwest CityView
1551 S I-35 Service RdMooreView
12720 N Pennsylvania AveOklahoma CityView
2727 SW 15th StOklahoma CityView
4528 Northwest ExpyOklahoma CityView
5563 NW ExpyOklahoma CityView
7400 W Memorial RdOklahoma CityView
7600 S Pennsylvania Ave Ste 300Oklahoma CityView
800 SW 119th StOklahoma CityView

Revenue, profit and value are for the whole company.

Public records

LinkedIn company page
Size as the company lists it
Employees—

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About WEOKIE Federal Credit Union

WEOKIE Federal Credit Union is a banks & credit unions company in Oklahoma City, Oklahoma. It is owned by Jeff Carpenter (President). Its estimated annual revenue is about $63.0M, with roughly $28.4M of EBITDA. It has about 216 employees. It has 11 locations.

Common questions

Who owns WEOKIE Federal Credit Union?
WEOKIE Federal Credit Union is owned by Jeff Carpenter (President), according to public sources such as the company's website or filings.
How much revenue does WEOKIE Federal Credit Union make?
SeeBITDA estimates WEOKIE Federal Credit Union's annual revenue at about $63.0M (likely between $50.4M and $94.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
How many employees does WEOKIE Federal Credit Union have?
About 216, from its 2024 retirement-plan filing.