Nano Banc
Nano Banc is an FDIC-insured, California-chartered commercial bank offering personal and business banking, treasury management, and CRE, C&I, and small business lending through a digital-first, relationship-focused model serving SMBs and consumers across California.
- Company typePrivate
- Founded2017
- HeadquartersIrvine, United States
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Nano Banc does
Nano Banc is a privately held, FDIC-insured California-chartered commercial bank headquartered in Irvine, California. Founded in 2017 through the acquisition of Commerce Bank of Temecula Valley, the bank operates with a relationship-focused, digital-first model serving small-to-mid-sized businesses, non-profits, law firms, CRE borrowers, and individual consumers across California. It offers a comprehensive product suite including personal and business checking, savings, money market accounts, and CDs; CRE, C&I, and small business lending; and a full treasury management stack (analyzed checking, ACH origination, positive pay fraud prevention, remote deposit capture, and domestic and international wire transfers). Zelle is integrated into the mobile platform at no consumer fee.
The bank earns revenue primarily through net interest margin on its loan and deposit base, supplemented by transaction-based fee income from wires, ACH, positive pay, and analyzed checking. Distribution is anchored by a single branch at 7755 Irvine Center Drive combined with online and mobile banking channels. The bank is regulated by the California Department of Financial Protection and Innovation (DFPI) and the Board of Governors of the Federal Reserve System, with ABA/Routing Number 122245251. Geographic focus is California only, and customer onboarding relies on dedicated personal bankers supported by digital self-service.
Leadership is unusually credentialed for a sub-$1B community bank. President and CEO Mary Lynn Lenz specializes in rebuilding troubled community banks across California, Arizona, and Massachusetts. CFO Danelle Thomsen brings 25+ years of finance experience from a prior $1B-asset bank holding company. COO Parham Medhat previously served as EVP/Chief Operations & Technology Officer at Luther Burbank Savings and in senior operations roles at CTBC Bank USA, Opus Bank, and CapitalSource Bank. Board Chair Lynn McKenzie-Tallerico is the former KPMG National Advisory Partner for Regional and Community Banks. The bank operates with 51–100 employees, is privately held with no disclosed parent or institutional investors beyond a single $43.2M capital raise in July 2020, and is in compliance with FDIC, CCPA, GDPR, and COPPA requirements.
Nano Banc firmographics
Firmographics- Name
- Nano Banc
- Legal name
- Nano Banc
- Website
- https://nanobanc.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Nano Banc is an FDIC-insured, California-chartered commercial bank offering personal and business banking, treasury management, and CRE, C&I, and small business lending through a digital-first, relationship-focused model serving SMBs and consumers across California.
- Ownership category
- akta.pro rank
Nano Banc industry classification
Industry- Product category
- Commercial Banking
- NAICS
- Depository Credit Intermediation (5221)
- SIC
- State Commercial Banks (6022), National Commercial Banks (6021)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
Keywords
Where Nano Banc is headquartered
LocationHeadquarters
- HQ city
- Irvine
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Nano Banc business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Interest Income from Lending: Revenue generated from interest on commercial real estate loans, commercial and industrial loans, and small business loans. The bank offers CRE lending, C&I lending, and small business lending products.
- Deposit-Based Banking: Attracting and holding deposits from personal and business customers, including checking, savings, money market accounts, and CDs. Earnings credits on analyzed checking can offset fees.
- Wire Transfer Fees: Fees from domestic and international wire transfer services, both traditional and online wire options for business customers.
- Treasury Management Services: Fee income from treasury management services including ACH origination, positive pay, analyzed business checking, and remote deposit capture for commercial clients.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Nano Banc product offering
Product offeringCore offering
Nano Banc is a California-based commercial bank offering FDIC-insured deposit accounts, commercial lending, and treasury management services to small-to-mid-sized businesses, non-profits, law firms, and individual consumers. It combines relationship-focused personal banking with digital-first technology (online/mobile banking, Zelle, online wires, remote deposit capture) to deliver customizable business and personal banking solutions.
Product overview
Nano Banc offers a comprehensive commercial and consumer banking platform with multiple product categories. The core offerings include personal banking products (checking, savings, CDs, money market accounts) and business banking products (checking, savings, CDs, money market accounts). Treasury management services include Analyzed Business Accounts, ACH Origination, Positive Pay fraud protection, Remote Deposit Capture, and Wire Transfers. Lending products cover Commercial Real Estate, Commercial and Industrial (C&I), and Small Business Lending. The bank also integrates Zelle for peer-to-peer payments. The platform is positioned as a 'digital first' bank emphasizing technology and world-class service, with all products accessible through online and mobile banking channels.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Non-Interest Checking
Companies that use Nano Banc
Customer profileSegments4 records
Ideal customer profiles3 records
Nano Banc technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature4 records
Nano Banc partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Zelle/Early Warning ServicescoreNano Banc has integrated Zelle into its mobile banking platform, enabling customers to send and receive money directly between bank accounts. Zelle is a service of Early Warning Services, LLC, and Nano Banc offers this service with no fees for customers enrolled in the Nano Banc app.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
Nano Banc competitors and assessment
Company assessmentDirect peers
- Mechanics Bank: California-headquartered commercial and community bank offering business banking, treasury management, CRE, and consumer deposit products. Directly comparable to Nano Banc in product mix, California footprint, and relationship-led SMB banking focus.
- Pacific Premier Bancorp: California-based community bank holding company providing business checking, treasury management, CRE and C&I lending to SMBs. Closely comparable to Nano Banc in commercial banking model and West Coast SMB target market.
- CVB Financial (Citizens Business Bank): California-headquartered commercial bank serving businesses with treasury management, CRE and C&I lending, plus consumer deposit products. Directly comparable to Nano Banc in geography, product breadth, and SMB/commercial orientation.
- Heritage Commerce Corp: California community bank holding company (Heritage Bank of Commerce) focused on business banking, CRE, and SBA lending. Comparable to Nano Banc in regional California footprint, SMB target segment, and commercial lending emphasis.
- Bank of Southern California, N.A. Southern California community bank offering business banking, treasury management, CRE and C&I lending to SMBs. Closely comparable to Nano Banc in product mix, California concentration, and relationship banking model.
- First Foundation Inc. California-based bank holding company providing commercial banking, treasury management, and CRE lending. Comparable to Nano Banc in regional California SMB focus and business banking product breadth.
- Open Bank: California-chartered community bank serving SMB and consumer clients with business checking, lending, and treasury services in Southern California. Comparable to Nano Banc in California focus and SMB banking model.
- US Metro Bank: California-chartered community bank headquartered in Garden Grove serving SMBs with business banking, lending, and treasury management services. Comparable to Nano Banc in California community banking model, SMB target market, and product breadth.
Emerging players
- Live Oak Bancshares: Digital-first commercial bank with limited physical branches serving small businesses nationally. Comparable to Nano Banc's digital-plus-relationship hybrid model and SMB commercial lending focus, though operating at larger scale and nationally.
Broad incumbents
- Axos Financial: Digital-first national bank offering consumer and business banking, treasury management, and commercial lending. Comparable to Nano Banc in digital-first delivery and commercial banking products, though Axos is significantly larger and operates nationally.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Nano Banc social profiles
Digital presenceNano Banc compliance and trust
Trust signalCompliance4 records
Nano Banc financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nano Banc leadership team
Management profileNumber of profiles
Profiles9 records
Nano Banc funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nano Banc M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nano Banc
What does Nano Banc do?
Nano Banc is a California-based commercial bank offering FDIC-insured deposit accounts, commercial lending, and treasury management services to small-to-mid-sized businesses, non-profits, law firms, and individual consumers. It combines relationship-focused personal banking with digital-first technology (online/mobile banking, Zelle, online wires, remote deposit capture) to deliver customizable business and personal banking solutions.
Is Nano Banc a public or private company?
Nano Banc is a private company. It is classified as venture growth investor backed and is currently operating.
When was Nano Banc founded?
Nano Banc was founded in 2017. It employs 51 to 100 people.
Where is Nano Banc based?
Nano Banc is headquartered in Irvine, United States, in the North America region.
How does Nano Banc make money?
Four revenue lines are on record. Interest Income from Lending is the primary driver. The others are deposit-Based Banking, wire Transfer Fees and treasury Management Services.
Who are Nano Banc's main competitors?
Direct peers on record are Mechanics Bank, Pacific Premier Bancorp, CVB Financial (Citizens Business Bank), Heritage Commerce Corp, Bank of Southern California, N.A., First Foundation Inc., Open Bank and US Metro Bank. Live Oak Bancshares is listed as an emerging player. Axos Financial is listed as a broad incumbent.
Does Nano Banc have an API?
No public API is recorded for Nano Banc.
What industry is Nano Banc in?
Nano Banc's product category is Commercial Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 5221 and its SIC code is 6022.