Banks in Electra, TX

Bank branch map: Electra

Banks sit at the coordinates in their FDIC record; credit union offices at their NCUA address, located with the U.S. Census Bureau Geocoder. Point at a marker for today's hours, tap it for the address, directions and the bank's site.

Short answer: 2 banks and credit unions operate 2 locations in Electra, according to the FDIC. 2 of them have coordinates on record and are on the map. ATMs and opening hours are not in the sources this page uses yet; each marker links to directions.

Positions are the regulators' own coordinates, or the Census Geocoder's point for the address, and can sit a few hundred feet from the door. Streets, buildings and parks come from OpenStreetMap through OpenFreeMap, with every street named as you zoom in; if that map cannot load, a simpler map drawn from the Census Bureau's TIGER/Line files takes its place. ATMs will follow with the Overture Maps import.

All banks in Electra

Sorted by number of local branches. Each branch shows where its hours and phone number come from.

Short answer: Pilgrim Bank and The Waggoner National Bank of Vernon have the most locations in Electra, with 1 each. 2 banks have a single office in the city. Open any bank to see each address, today's hours where the bank publishes them and the phone number.

Pilgrim Bank 1 branch · main office Pittsburg, TX Bank · 1

Pilgrim Bank has 1 branch in Electra, 14 across Texas and 14 nationwide. FDIC records list its main office in Pittsburg, TX and show it operating since 1911. With $714.6 million in total assets on June 30, 2026, it ranks No. 1,366 of 4,232 U.S. banks by total assets. The Electra Branch at 100 N Main St dates to 1931 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Electra Branch

  100 N Main St, 76360

  Hours: see the bank's site
  DirectionsWebsite

Pilgrim Bank: profile, branches and contacts

The Waggoner National Bank of Vernon 1 branch · main office Vernon, TX Bank · 1

The Waggoner National Bank of Vernon has 1 branch in Electra, 2 across Texas and 2 nationwide. FDIC records list its main office in Vernon, TX and show it operating since 1899. With $353.7 million in total assets on June 30, 2026, it ranks No. 2,249 of 4,232 U.S. banks by total assets. The Electra Branch at 401 W Front Ave dates to 1999 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Electra Branch

  401 W Front Ave, 76360

  Hours: see the bank's site
  DirectionsWebsite

The Waggoner National Bank of Vernon: profile, branches and contacts

Banking in Electra: the local picture

Short answer: 2 banks run 2 branches in Electra according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.

Of the 2 banks, 0 have their main office in Electra, 2 elsewhere in Texas, according to the FDIC.

The bank with the longest record here is The Waggoner National Bank of Vernon, operating since 1899 according to the FDIC. In FDIC branch records, the longest-running branch is Pilgrim Bank's office at 100 N Main St, dating to 1931; the newest is The Waggoner National Bank of Vernon's at 401 W Front Ave, from 1999.

None of the 2 locations here publishes hours in the sources this page uses. Each branch links to the bank's own site.

Chase, Bank of America and other national banks

Which big national banks have branches in Electra, and where the nearest one is if they do not.

Short answer: No branches in Electra: Chase (nearest in Wichita Falls, 25 mi), Wells Fargo (nearest in Wichita Falls, 25 mi), Bank of America (nearest in Hudson Oaks, 112 mi), PNC Bank (nearest in Weatherford, 109 mi), U.S. Bank (nearest in Dallas, 143 mi), Truist (nearest in Denton, 120 mi), Fifth Third Bank (nearest in Fort Worth, 124 mi), Huntington (nearest in Fort Worth, 125 mi), Regions Bank (nearest in Keller, 123 mi), TD Bank, BMO (nearest in Dallas, 149 mi).

Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Electra to the nearest branch in Texas.

What your savings could earn

National benchmarks and the best published offers, from the Banrox Bank Rates tracker. Enter your own balance and rate to compare.

Short answer: At the national average savings rate of 0.38%, $10,000 kept in savings for a year earns about $38. The best published savings rate in the tracker, 3.75% at CIT Bank, earns about $375. The national average 12-month CD pays 1.71%.

Rates are the banks' published APYs as tracked on the Banrox Bank Rates page, with the date next to each benchmark; they are not offers from Banrox and can change daily. Interest is before tax. The best offers are mostly online banks and are open to Electra residents like anyone else.

Banks near Electra

Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.

Short answer: The closest towns with more choice are Iowa Park (15 miles) and Burkburnett (20 miles). Wichita Falls, 25 miles away, has the most banks nearby: 13.

Bank branch openings and closings in Electra

FDIC branch records, between September 5, 2025 and September 5, 2026.

Short answer: FDIC branch records show no bank branch openings in Electra between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.

Largest banks in Electra by total assets

Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Electra offices.

Short answer: Pilgrim Bank is the largest bank with offices in Electra, with $714.6 million in total assets on June 30, 2026, No. 1,366 among U.S. banks by total assets. The Waggoner National Bank of Vernon is second with $353.7 million. Local deposit shares will follow once the FDIC Summary of Deposits is imported.

Total assets and ranks from FDIC BankFind as of June 30, 2026. Rank is among active banks that report total assets to the FDIC.

Banks in Electra: FAQ

How we build this page

Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.