OakStar Bank
OakStar Bank is a privately held community bank founded in 2005, headquartered in Springfield, Missouri, serving retail and small business customers across Missouri, Kansas, and Colorado with deposits, loans, mortgages, and wealth management through branches and digital banking.
- Company typePrivate
- Founded2005
- HeadquartersSpringfield, United States
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What OakStar Bank does
OakStar Bank is a privately held regional community bank founded in 2005 and headquartered at 1020 East Battlefield Road in Springfield, Missouri, operating under parent holding company OakStar Bancshares, Inc. The bank provides personal and business banking services across Missouri, Kansas, and Colorado through a multi-channel model that combines physical branches with online and mobile banking platforms. Its product portfolio spans core retail banking (checking, savings, CDs/IRAs, HSAs, personal loans), mortgage lending, commercial banking (business checking, savings, loans, corporate credit cards), affordable housing programs, and a wealth management sub-brand (OakStar Wealth) with a Private Banking 'VIP Experience' tier for high-net-worth clients.
The bank operates a digital banking platform built around third-party integrations rather than proprietary core technology, including ProfitStars for remote deposit capture, online loan payments, and solar loan payments; First Data's 360Control Portal for commercial credit card management; IntraFi for deposit sweep services; Razr for credit card rewards; and Deluxe for online check ordering. Differentiated customer-facing features include the Pocket Change round-up savings tool and an Appraisal Reconsideration of Value (ROV) process. The bank holds standard regulatory designations including FDIC insurance, Equal Housing Lender status, and NMLS# 406107 for mortgage operations.
Revenue is generated primarily through net interest income from lending activities (personal loans, business loans, mortgages) supplemented by transaction-based non-interest income from overdraft fees ($30 per item, capped at five per day), wire transfer fees ($15-$50), paper statement fees ($5 monthly), account closing fees ($25), ATM replacement fees ($5), and mortgage origination and servicing fees. The bank's go-to-market is sales-led and community-focused, emphasizing local decision-making, the S.E.R.V.E. values framework (Stewardship, Empathy, Responsiveness, Vision, Empowerment), and visible community investment across its three-state footprint. Recent strategic activity has centered on physical expansion into Colorado with a new 14,000-square-foot Grand Junction Riverfront branch opened in October 2025.
OakStar Bank firmographics
Firmographics- Name
- OakStar Bank
- Legal name
- OakStar Bank
- Website
- https://oakstarbank.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- OakStar Bank is a privately held community bank founded in 2005, headquartered in Springfield, Missouri, serving retail and small business customers across Missouri, Kansas, and Colorado with deposits, loans, mortgages, and wealth management through branches and digital banking.
- Ownership category
- akta.pro rank
OakStar Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)
- akta.pro secondary industries
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI)
Keywords
Where OakStar Bank is headquartered
LocationHeadquarters
- HQ city
- Springfield
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
OakStar Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Interest Income: The bank earns interest income from lending activities including personal loans, business loans, mortgages, and other credit products. This represents the primary revenue stream for the bank.
- Non-Interest Income (Fees): The bank generates fee-based revenue from various account services including overdraft fees ($30 per item), account closing fees, wire transfer fees, ATM fees, and other banking service charges.
- Service Charges: Revenue from various service charges including paper statement fees, research fees, check copy fees, and other account activity charges.
- Mortgage Banking: Revenue from mortgage lending operations including origination fees and servicing activities across Missouri, Kansas, and Colorado markets.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Overdraft/NSF Fee: $30 per item |
| One time/ perpetual license | Pay-as-you-go | Account Closing Fee: $25 within first 12 months |
| Transaction based/ take rate | Pay-as-you-go | Wire Transfer Fees: $15-$50 |
| Unit Pricing | Pay-as-you-go | ATM Replacement Card: $5 |
| Subscription | Monthly | Paper Statement Fee: $5 |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
OakStar Bank product offering
Product offeringCore offering
OakStar Bank is a community bank offering personal and business banking products including checking, savings, HSAs, CDs, IRAs, personal and commercial loans, mortgage lending, private banking, and wealth management services. The bank serves consumers and small-to-mid-sized businesses across Missouri, Kansas, and Colorado through branches, ATMs, and a digital banking platform.
Product overview
OakStar Bank is a community bank offering a comprehensive suite of personal and business banking products across Missouri, Kansas, and Colorado. The core product portfolio centers on deposit accounts (checking, savings, CDs/IRAs, Health Savings Accounts) and lending products (personal loans, mortgage lending, business loans). Digital Banking serves as the primary digital channel for account management. Business Services includes corporate credit cards through an in-house program. The bank also offers Private Banking (VIP Experience) and OakStar Wealth as premium/wealth management sub-brands. Value-added services include Pocket Change (automatic savings rounding), Financial Calculators, eStatements, Check Ordering via Deluxe, Overdraft Protection, and an appraisal Reconsideration of Value service. The bank operates branches including a newly opened Grand Junction Riverfront location in Colorado.
Differentiator
Problem solved
Functional benefit
Brands
- OakStar Wealth: Wealth management services offered through the bank's private banking division
- Pocket Change
Products and services
- Personal Checking Deposit accounts designed for individual consumers to manage daily spending and finances.
- Personal Savings Interest-bearing savings accounts for individual consumers.
- Health Savings Account Tax-advantaged health savings accounts for individuals to set aside funds for medical expenses.
- CDs and IRAs Certificates of deposit and individual retirement accounts offered to consumers for savings and retirement planning.
- Personal Loans Consumer loan products extended to individuals for personal financing needs.
- Mortgage Lending Residential mortgage loans originated by a dedicated mortgage team serving home buyers in Missouri, Kansas, and Colorado.
- Business Checking Business demand deposit accounts designed for companies to handle operational banking needs.
- Business Savings Interest-bearing business savings accounts for companies.
- Business Loans Credit products extended to businesses for working capital, expansion, and operational financing.
- Business Services Cash management, merchant, and treasury-related banking services tailored for business clients.
- Private Banking Personalized banking services for high-net-worth individuals including tailored lending, deposits, and advisory support.
- OakStar Wealth Wealth management and investment advisory services for individuals seeking financial planning and asset management.
- Pocket Change A financial education mobile application that helps users learn money management concepts, accessible to OakStar Bank customers.
- Affordable Housing Lending Specialized lending programs supporting affordable housing initiatives in the bank's footprint.
- Digital Banking Online and mobile banking platform enabling customers to view accounts, transfer funds, deposit checks, and manage banking activity remotely.
Quantifiable outcome
- Potential savings of $176.28 per year through Pocket Change round-up program
Companies that use OakStar Bank
Customer profileSegments4 records
Ideal customer profiles3 records
OakStar Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature3 records
OakStar Bank partnerships and signals
Strategic signalScale indicators2 records
Recent moves7 records
Expansion highlights6 records
OakStar Bank competitors and assessment
Company assessmentDirect peers
- BancFirst: Oklahoma-headquartered community bank holding company expanding into KS/CO with consumer, mortgage, and business banking—a comparable multi-state community banking growth model.
- QCR Holdings: Multi-state community bank holding company (IL, IA, MO, KS) with full-service consumer, commercial, and mortgage banking—a close scale and geographic comparable to OakStar.
- Hawthorn Bancshares: Missouri-chartered community bank with branches across MO and KS offering personal and business banking, mortgage lending, and wealth services—directly comparable to OakStar's core markets and product mix.
- Great Southern Bancorp: Springfield, MO-headquartered community bank with branches across the Midwest, offering comparable deposit, mortgage, and business banking products and competing directly with OakStar in its Missouri home market.
- Equity Bancshares: Kansas-based community bank holding company serving KS, MO, and surrounding states with deposit, lending, and treasury products that overlap OakStar's Kansas City footprint and product set.
- Simmons First National Bank: Regional bank holding company with branches across the Midwest and South, offering consumer, business, mortgage, and wealth services; competes in overlapping MO/KS markets with OakStar.
Broad incumbents
- UMB Financial Corporation: Kansas City-headquartered regional bank with consumer, commercial, mortgage, and wealth services across multiple states—overlaps OakStar's Kansas City and MO/KS/CO footprint at broader scale.
- National Bank Holdings Corp: Multi-state regional bank holding company with deposit and lending franchises across the Midwest and Southwest including Colorado—overlaps with OakStar's Colorado expansion geography.
- Glacier Bancorp: Mountain-West community bank holding company with branches across CO and adjacent states; provides broader-incumbent comparison for OakStar's Colorado growth strategy.
Regional players
- First Interstate BancSystem: Community-focused bank with deep presence across the Mountain West including Colorado—competes with OakStar in Grand Junction and broader CO consumer/SMB banking.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
OakStar Bank social profiles
Digital presenceOakStar Bank compliance and trust
Trust signalCompliance3 records
OakStar Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
OakStar Bank leadership team
Management profileNumber of profiles
Profiles6 records
OakStar Bank funding detail
Funding detailFunding overview
Funding rounds4 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OakStar Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about OakStar Bank
What does OakStar Bank do?
OakStar Bank is a community bank offering personal and business banking products including checking, savings, HSAs, CDs, IRAs, personal and commercial loans, mortgage lending, private banking, and wealth management services. The bank serves consumers and small-to-mid-sized businesses across Missouri, Kansas, and Colorado through branches, ATMs, and a digital banking platform.
Is OakStar Bank a public or private company?
OakStar Bank is a private company. It is classified as corporate owned and is currently operating.
When was OakStar Bank founded?
OakStar Bank was founded in 2005. It employs 251 to 500 people.
Where is OakStar Bank based?
OakStar Bank is headquartered in Springfield, United States, in the North America region.
How does OakStar Bank make money?
Four revenue lines are on record. Interest Income is the primary driver. The others are non-Interest Income (Fees), service Charges and mortgage Banking.
Who are OakStar Bank's main competitors?
Direct peers on record are BancFirst, QCR Holdings, Hawthorn Bancshares, Great Southern Bancorp, Equity Bancshares and Simmons First National Bank. Broad incumbents are UMB Financial Corporation, National Bank Holdings Corp and Glacier Bancorp. First Interstate BancSystem is listed as a regional player.
Does OakStar Bank have an API?
No public API is recorded for OakStar Bank.
What industry is OakStar Bank in?
OakStar Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAAAE, Branch & In-Person Banking (Teller/ATM Networks), with a secondary code of FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 52211 and its SIC code is 6022.