Larry DeWitt is a native and lifelong resident of Northwest Oklahoma and calls Cherokee, Oklahoma home. He attended Cherokee High School, Northwestern Oklahoma State University, Oklahoma State University where he received a BS in Agricultural Economics and later a MS in Agricultural Economics.
In the banking industry for over 25 years, Larry is currently the Executive Vice President of BancCentral NA located in Alva, OK with 5 branches. One of these branches is in Cherokee. He is also the Chief Credit Officer, heading a team of 15 loan officers. Larry is proficient in minimizing risk, maintaining compliance and working within established bank guidelines for loan feasibility. Before BancCentral Larry was the Executive Vice President of Farmers Exchange Bank (FEB) with a client portfolio of over $200,000,000 and over 250 clients. The loan portfolio was mostly made up of real estate and medical loans (dentistry and dialysis). DeWitt served as the Member/Secretary of the Farmers Exchange Bank board of directors, contact person of lending for FDIC and state banking examinations, and member on the ALCO Committee and Daily Loan Committee. While at FEB he developed a Borrower Composite Credit Index, Credit Memo for Loan Customers and Managed a team of 7 Loan Officers. Farmers Exchange Bank was awarded the top banking institution by SNL financial for banks under $500 million in assets in 2012 and 2013. In 2019, Gateway Mortgage Company owned by OK Governor Kevin Stitt merged with FEB naming the new bank Gateway First Bank. After the merger, Larry’s duties as Senior Vice President were focused on Commercial Lending, and he maintained his Portfolio over $200,000,00 and serving on numerous committees.
DeWitt’ awards, achievements and memberships are numerous and include Oklahoma Bankers Association Chairman Award 2013, Chairman of the OBA Ag Committee 2007-2018, Oklahoma Ag Mediation Board, Board Member of Alfalfa Electric Cooperative, Board Member of the Investment Committee for the NWOSU Foundation, past President of the Cherokee Chamber of Commerce, past Treasurer of the Local Lions Club, Treasurer of the Cherokee Methodist Church, Oklahoma Agriculture Leadership Program Class VII and 2003 Graduate of Colorado School of Banking.