- H.E. “Gene” “Gene” Rainbolt
- BancFirst Corporation, Oklahoma City, Okla
H.E. "Gene" Rainbolt is the chairman of BancFirst Corp. in Oklahoma City, Okla. He acquired his first bank, First American Bank in Purcell, Okla., in 1962. In 1965, he acquired Federal National Bank in Shawnee, Okla., and in 1967, he and a group of investors commenced acquiring banks throughout Oklahoma. This led to the formation of United Community Corp., the state's first multi-bank holding company. BancFirst was founded in 1989 and is now the largest state-chartered bank in Oklahoma, with assets exceeding $6 billion and with offices in 54 communities. Rainbolt is a graduate of the University of Oklahoma with both undergraduate and graduate degrees. His alma mater has honored him on multiple occasions, including its Distinguished Service Award and an honorary doctorate. In 1999, Rainbolt was inducted into the Oklahoma Hall of Fame. He has received honorary doctorate degrees from Oklahoma Baptist University, Oklahoma City University and Oklahoma Christian University. A strong advocate of improving and diversifying the Oklahoma economy, Rainbolt has worked to improve health and education, to provide better access to capital and to develop Oklahoma's infrastructure system. He has served on numerous civic, economic development, chamber of commerce, youth, medical, zoological, arts and banking organizations. One of his most recent projects has been to enhance the entrepreneurial classes and entrepreneurial activities at universities in Oklahoma. Rainbolt has served as president of the Oklahoma Bankers Association and as the chairman of the Academy for State Goals and the Oklahoma State Chamber of Commerce. He is a former director of Leadership Oklahoma and the Great Expectations Foundation. He was a founding director of Calm Waters Center for Children and Families, and has served on many other charitable boards. Rainbolt is a member of the leadership council of the Charles and Peggy Stephenson Oklahoma Cancer Center and recently served on University of Texas MD Anderson Cancer Center Board of Visitors. Rainbolt and his family are committed supporters of the University of Oklahoma, the University of Oklahoma Health Sciences Center and the Oklahoma Medical Research Foundation.