Oklahoma's nearly 10,000 Medical Marijuana Businesses (MMBs) have faced inconvenience, frustration, & deadly risks from the federal ban on banking services. Even paying taxes is a terrible problem for not only the shop owners, but also for the state employees at the Oklahoma Tax Commission. Finally, one Oklahoma bank has stepped up to provide a public safety and business convenience for this industry. BancFirst has started accepting deposits for tax payments to the State of Oklahoma. The long lines of proprietors at the State Tax Commission Office in Oklahoma City is now thinning out. No, this isn't full service banking for dispensaries. Bancfirst isn't taking daily sales deposits or processing credit card sales, but it's the first statewide banking brand to form broad relationships with thousands of shops, growers, and processors. This gives BancFirst access to millions of dollars each month, as it passes through their branches. It relieves MMBs of the wasted time of traveling to OKC with thousands of dollars in cash. It makes the Oklahoma Tax Commission run so much more efficiently and calms the fears of the state workers who were handling millions in cash deposits at the OTC. | Below you'll find the press statements from the OMMA and BancFirst, detailing this venture into MMB accommodations. The soft rollout actually occurred last summer, but now it's getting even more efficient. |
Cash Payments via BancFirst for Medical Marijuana TaxWant an easier, more convenient way to pay your medical marijuana tax?
Effective May 1, 2019, cash payments for medical marijuana and associated withholding and sales tax accounts can be made in person at any BancFirst lobby operation during regular banking hours. A convenience fee per tax/transaction will assessed at these locations. Upon filing your return through OKTAP, a voucher can be generated. This voucher must be taken to a BancFirst location with your cash payment. |
Payments without vouchers will not be accepted. To locate your nearest BancFirst location, visit the BancFirst Website. Payments may be made in person, at no charge, at the Oklahoma Tax Commission (OTC) located at:
MC Connors Building 2501 North Lincoln Blvd Oklahoma City, OK. 73194 Online payments may also be made at the time of filing via your OKTAP account. A voucher is not required when making an online payment. If you have any questions regarding payment remittance please contact the OTC by sending web notices via your OKTAP account. |
ARDMORE (580) 223-5000
• 310 W. Main St. • 1915 N. Commerce BARTLESVILLE (918) 338-4390 • 300 S.E. Frank Phillips Blvd. BLACKWELL (580) 363-4141 • 101 N. Main St. CARNEY (405) 865-2324 • 302 N. Hwy 177 CHANDLER (405) 258-1795 • 1001 Manvel Ave. CHOCTAW (405) 270-5560 • 12924 N.E. 23rd St. CLAREMORE (918) 341-7100 • 1698 S. Lynn Riggs Blvd. • 1003 N. Lynn Riggs Blvd. • 1025 W. Will Rogers Blvd. COWETA (918) 486-2148 • 14269 S. State Hwy. 51 DEL CITY (405) 672-1945 • 4200 S. Sunnylane Rd. DUNCAN (580) 255-4100 • 16 S. 9th St. • 1616 W. Elk Ave. EDMOND (405) 270-1000 • 1264 S. Bryant Ave. • 2125 N. Kelly Ave. EL RENO (405) 262-6577 • 2000 S. Country Club Rd. • 220 S. Bickford Ave. FREDERICK (580) 335-7522 • 200 N. Main St. GLENPOOL (918) 322-9015 • 394 E. 141st St. GROVE (918) 791-9000 • 1015 S. Main St GUTHRIE (405) 282-4415 • 202 W. Oklahoma Ave. |
HARRAH (405) 454-6216
• 19979 N.E. 23rd St. HOBART (580) 726-5617 • 105 W. 4th St. HUGO (580) 326-6401 • 101 E. Jackson St. INOLA (918) 341-7100 • 1 N. Broadway Ave. JENKS 1918) 299-5081 • 200 E. Main St."O JONES (405) 399-2221 • 9285 N. Hiwassee Rd. KETCHUM (918) 782-3252 • 110 W. Ketchum Ave. KINGFISHER (405) 375-3121 • 124 S. Main St. KONAWA (580) 925-3211 • 230 S. Broadway St. LAWTON / FT. SILL (580) 353-7700 • 501 S.W. C Ave. • 15 N.W. 67th St. • 3801 Cache Rd. LUTHER (405) 277-3211 • 108 S. Main St. MADILL (580) 795-3332 • 302 S. 1st St. MARIETTA (580) 276-3356 • 105 S. 2nd Ave. MARLOW (580) 658-5422 • 128 W. Main St. • 130 N. Broadway MCALESTER 1918) 426-0200 • 501 E. Carl Albert Pkwy. • 608 S. George Nigh Exp. MCLOUD (405) 878-1870 • 508 W. Broadway MEEKER (405) 279-3535 • 601 W. Carl Hubbell Blvd. |
MIDWEST CITY (405) 672-1945
• 5605 SE 15th St. MOORE (405) 794-5511 • 600 NW 5th St. • 701 SW 19th St. MUSKOGEE (918) 683-5551 • 2400 Old Shawnee Rd. • Arrowhead Mall • 3601 W. Okmulgee Ave. MUSTANG (405) 256-5110 • 620 E. State Hwy. 152 NORMAN (405) 360-6061 • 1201 W. Main St. • 333 12th Avenue S.E. OKEMAH (918) 623-1211 • 302 W. Broadway St. OKLAHOMA CITY (405) 270-1000 • 101 N. Broadway Ave. • 220 N. Broadway Ave. • 1111 N. Lincoln Blvd. • 7701 S. Sooner Rd. • 809 Cornell Parkway. • 9335 S. Penn Ave. • 6200 Waterford Blvd. • 11001 N. May Ave. • 7901 N. MacArthur Blvd. • 2930 SW 134th St. • 4500 W. Memorial Rd. • 700 E. Memorial Rd. PIEDMONT (405) 270-7483 • 410 Piedmont Rd. South PRAGUE 1405) 567-224 • 902 W. Main St. SAND SPRINGS (918) 245-2261 • 301 E. 2nd St. • 102 W. 41st St. SEMINOLE (405) 380-1300 • 206 N. 2nd St. • 1500 N. Milt Phillips Ave. |
SHAWNEE (405) 273-1000
• 1939 N. Harrison Ave. • 3443 N. Kickapoo St. . • 302 N. Broadway Ave. STILLWATER (405) 742-6200 • 808 S. Main St. • 505 E. Hall of Fame Ave. STRATFORD (580) 759-2326 • 110 W. Smith St. STROUD (918) 968-2521 • 602 W. Main St. SULPHUR (580) 622-3142 • 1020 W. 1st St. TAHLEQUAH (918) 456-0541 • 130 S. Muskogee Ave. • Wal-Mart • 1204 E. Ross St. TECUMSEH (405) 878-3550 • 1213 Gordon Cooper Dr. TISHOMINGO (580) 371-2346 • 820 E. Main St. TULSA (918) 664-6660 • 7625 E. 51st St. • 4901 E. 41st St. • 8822 S. Yale Ave. • 10279 S. Memorial Dr. • 5623 S. Lewis Ave. UNION CITY 1405) 483-5308 • 206 N. Main St. VERDIGRIS (918) 341-7100 • 26205 S. Hwy. 66 WAGONER (918) 485-2173 • 111 S. Casaver Ave. WEATHERFORD (580) 772-5541 • 122 N. Broadway St. YUKON (405) 324-9615 • 2500 S. Comwell Dr. • 120 S. Mustang Rd. |