Oxford Bank

What Oxford Bank does

Oxford Bank Corporation, founded in 1885 and headquartered in Oxford, Michigan, is a publicly traded community bank (OTCMKTS: OXBC) serving individual consumers and small to mid-sized businesses primarily in Michigan. The bank offers a full suite of personal and commercial banking products including checking and savings accounts (with Kasasa-branded rewards products), CDs, IRAs, mortgages, HELOC, auto and student loans, credit cards, commercial real estate loans, business term loans, SBA loans, treasury management, merchant card services, wealth management, and insurance services. Distribution is hybrid: physical branches in Michigan, online and mobile banking, Interactive Teller Machines (ITMs), Zelle, Mobile Wallet, iPay Bill Pay, and a direct business banking sales team.

The bank's core technology stack centers on a digital banking platform (online enrollment at secure.oxfordbank.com) augmented by third-party integrations for payments (Zelle, Mobile Wallet, iPay Bill Pay) and rewards checking (Kasasa). In 2022, the bank launched Oxford Commercial Finance (OCF), a wholly-owned subsidiary providing working capital facilities to SMBs; OCF has since deployed $275 million in active facilities across 126 closed transactions in 18 states, with portfolio concentration in manufacturing (38%), administrative/staffing (22%), transportation (16%), and technology. The bank operates with 101-250 employees, reported Q1 2026 total assets of $902.1 million, and $740.6 million in deposits, down from $1.09 billion and $953.3 million respectively at year-end 2025.

Oxford Bank's revenue model is primarily net interest income (Q1 2026 NII of $11.18 million, up 11% year-over-year), supplemented by fee income from deposit accounts, treasury management, merchant services, and overdraft protection, plus working capital lending fees from OCF. The go-to-market is community-led and relationship-based, emphasizing local decision-making, personalized service, and 140+ years of regional brand equity, with digital channels layered on for accessibility. Capital was strengthened in September 2021 via a $16 million subordinated notes private placement structured as Tier 2 capital, supporting balance sheet flexibility for the OCF growth engine.

Name

Oxford Bank

Legal name

Oxford Bank Corporation

Website

https://oxfordbank.com

Company type

Public

Founded year

1885

Operating status

Operating

Headcount range

101–250 employees

Short description

Oxford Bank Corporation is a publicly traded Michigan community bank (founded 1885) offering personal and business banking - including deposits, lending, treasury management, and wealth services - to consumers and SMBs, with subsidiary Oxford Commercial Finance providing working capital facilities across 18 states.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221), Commercial Banking (522110)

SIC

State Commercial Banks (6022), National Commercial Banks (6021)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industries

Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL), Real Estate (Commercial Property, REITs) (FSABACAH)

Keywords

• Community banking
• Commercial lending
• Consumer banking
• Small business finance
• Treasury management

Headquarters

HQ city

Oakland

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Net Interest Income: Primary revenue stream from interest earned on loans minus interest paid on deposits. Q1 2026 net interest income was $11.18 million, up 11% year-over-year.
2. Oxford Commercial Finance: Working capital facilities for SMBs. Has secured $275 million in active working capital facilities across 126 closed transactions since launching in 2022. Manufacturing represents 38% of portfolio, administrative/staffing 22%, transportation 16%.
3. Banking Fees and Services: Fee income from checking accounts, savings accounts, CDs, IRAs, credit cards, overdraft protection, merchant services, and other banking services

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Oxford Bank is a community bank that accepts consumer and business deposits and originates personal and commercial loans. Its core offerings span personal and business checking and savings accounts, personal lending (mortgage, HELOC, auto, student) and business lending (commercial real estate, term loans, lines of credit, SBA), credit cards, treasury management, wealth management, and insurance, complemented by its Oxford Commercial Finance subsidiary, which provides working-capital facilities to small and mid-sized businesses.

Product overview

Oxford Bank is a community bank offering a comprehensive suite of banking products and services through a unified platform. The core product portfolio includes personal and business checking and savings accounts (featuring branded Kasasa products for consumer rewards), personal and commercial lending (mortgages, auto loans, business loans, SBA loans), and digital banking access. A key subsidiary, Oxford Commercial Finance, launched in 2022, provides specialized working capital facilities for small and mid-sized businesses. The bank complements its core banking offerings with treasury management, wealth management, insurance services, and technology-enabled services including Interactive Teller Machines and digital payment platforms. The bank operates primarily in Michigan with over 140 years of history.

Differentiator

Problem solved

Functional benefit

Brands

• Oxford Commercial Finance (OCF): Subsidiary providing working capital facilities for small and mid-sized businesses across manufacturing, staffing, transportation, technology and other sectors. Since launching in 2022, OCF has secured $275 million in active working capital facilities across 126 closed transactions in 18 states.

Products and services

• Personal Checking Accounts Personal checking account products including Free Kasasa Cash Checking, Free Kasasa Cash Back Checking, and Focus Checking, offering fee-free options with rewards, cash back, or interest for individual consumers.
• Personal Savings Accounts Savings products including Free Kasasa Saver, Regular Savings, Minor Savings, Money Market Accounts, Certificates of Deposit (CDs), and Individual Retirement Accounts (IRAs) for individual consumers.
• Business Checking Accounts Business checking solutions including Small Business Checking, Classic Business Checking, Premium Business Checking, and Business Analyzed Checking for SMB cash management needs.
• Business Savings Accounts Business savings options including Business Savings Account and Business Certificates of Deposit (CDs) for business fund management.
• Personal Loans Personal lending products including Home Mortgage Loans, Home Equity Line of Credit (HELOC), Auto Loans, and Student Loans for individuals.
• Business Loans Commercial lending products including Commercial Real Estate Loans, Business Term Loans, Business Lines of Credit, and SBA Loans for small and mid-sized businesses.
• Oxford Commercial Finance Subsidiary offering providing working capital facilities to small and mid-sized businesses across manufacturing, staffing, transportation, and technology sectors.
• Digital Banking Online and mobile banking platform enabling customers to enroll in self-service account access, pay bills, transfer funds, and manage finances digitally.
• Credit Cards Credit card products available for personal and business use.
• Treasury Management Services Cash management suite for business customers including business online banking and bill pay, remote deposit capture, merchant card services, and other cash management tools.
• Wealth Management Wealth management services offered through Oxford Financial for customers building long-term financial plans.
• Insurance Services Insurance products and quote offerings provided to customers for personal coverage needs.

Quantifiable outcome

• $11.18 million net interest income in Q1 2026 (up 11% YoY)
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability1 record

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• GreenPath Financial WellnesscoreStrategic or Co-development PartnerGreenPath Financial Wellness partnership provides free financial education to Oxford Bank customers including credit counseling services, credit report basics, and financial wellness programs. This partnership enhances customer value proposition with educational resources.
• KasasacoreTechnology or IntegrationKasasa branded consumer checking and savings products (Kasasa Cash Checking, Kasasa Cash Back Checking, Kasasa Saver) offering fee-free accounts with rewards. Technology partnership for account management and rewards programs.
• ZellecoreTechnology or IntegrationZelle peer-to-peer payment integration enabling customers to send and receive money directly through Oxford Bank accounts via online and mobile banking.
• Oxford Commercial FinancecoreOthersOxford Commercial Finance (OCF) is a subsidiary of Oxford Bank that provides working capital facilities for small and mid-sized businesses. Launched in 2022, OCF has secured $275 million in active facilities across 126 transactions in 18 states.

Scale indicators13 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Independent Bank Corporation: Michigan-based community bank holding company with comparable retail and commercial banking product set, including small business lending and treasury management. Most relevant peer given overlapping Michigan footprint and similar community-bank positioning.
• Mercantile Bank Corporation: Michigan-headquartered commercial bank offering personal, business, and commercial real estate lending to SMBs. Similar product mix including working capital and CRE lending; closest direct competitor for Michigan SMB deposits.
• Chemung Financial Corporation: Community-oriented bank holding company offering personal, business, and wealth management services. Comparable in scale and product breadth, particularly in the SMB and consumer lending space.
• Lake Shore Bancorp: Small community-focused savings institution with a comparable balance sheet size (~ $800M assets) and emphasis on relationship-based lending. Comparable in scale, geographic focus, and retail/commercial product offering.
• PSB Holdings: Wisconsin-based community bank holding company providing personal, business, and commercial lending. Comparable in scale and customer orientation, with similar SMB focus and relationship banking model.
• Hawthorn Bancshares: Midwestern community bank with personal, business, and commercial lending focus. Similar size band and relationship-based community banking model, comparable to Oxford Bank's core retail and SMB franchise.
• First Bank (Hamilton, NJ): New Jersey-based community bank offering personal and business banking products. Comparable in scale and product set, particularly SMB-focused commercial lending.
• Civista Bancshares: Ohio-based community bank holding company providing personal, business, and commercial lending. Similar SMB-focused business model with comparable treasury management and small business loan products.
• Citizens Community Bancorp: Community-focused bank providing retail and commercial banking services with similar balance sheet size and SMB lending orientation. Comparable in customer segments and product suite.

Broad incumbents

• Live Oak Bancshares: Larger digital-first community bank with nationally focused small business lending platform. Comparable to Oxford Commercial Finance's niche working capital focus but with substantially greater scale and technology investment in SMB lending.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/oxbankmi
• LinkedInlinkedin.com/company/oxford-bank
• Instagraminstagram.com/oxfordbank
• Xx.com/oxfordbank

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oxford Bank