Sabine State Bank and Trust Company

What Sabine State Bank and Trust Company does

Sabine State Bank and Trust Company is a privately held, state-chartered community bank headquartered in Many, Louisiana, operating 40+ branch locations and 83+ ATMs across rural and suburban Louisiana and East Texas. Founded in 1901, the bank serves individual consumers, small and mid-size businesses, agricultural borrowers, and homebuyers through a horizontally segmented product portfolio spanning deposit accounts (checking, savings, money market, CDs, IRAs), consumer and commercial lending, residential mortgages, and cash management services. The bank operates under a community banking model with locally distributed decision-making via regional managers and senior business development officers across nine service territories.

The bank's technology platform is a standard community banking stack layered with partner integrations rather than proprietary infrastructure. Core digital capabilities include iOS/Android mobile banking, online banking with commercial ACH origination, bill pay, eStatements, Remote Deposit Capture, and Zelle peer-to-peer payments. Value-added services are delivered through strategic partnerships: Elavon for merchant payment processing, Promontory Interfinancial Network's CDARS for multi-million dollar FDIC coverage, and Early Warning Services for Zelle. The bank holds NMLS registration (ID 516951) with 54+ licensed mortgage loan originators and is Member FDIC and an Equal Housing Lender.

Sabine generates revenue primarily through traditional banking channels: net interest income from the spread on consumer, commercial, agricultural, and mortgage loans (including FHA, VA, USDA Rural Development, and conventional products), supplemented by transaction and service fees (overdraft at $35, wire transfers, safe deposit boxes, account services), and merchant services residuals from Elavon. Deposit pricing is tiered, with NOW Checking at 0.25% APY, Savings at 0.05% APY, and CDs reaching 3.00% APY on 12-month terms. The bank is led by Chairman Jim Cole and President/CEO/COO Lee H. McCann, with no disclosed external private equity or institutional ownership.

Name

Sabine State Bank and Trust Company

Legal name

Sabine State Bank and Trust Company

Website

https://sabinebank.com

Company type

Private

Founded year

1901

Operating status

Operating

Headcount range

251–500 employees

Short description

Sabine State Bank and Trust Company is a privately held Louisiana-chartered community bank founded in 1901, operating 40+ branches and 83+ ATMs across rural Louisiana and East Texas, serving consumers, small businesses, agricultural borrowers, and homebuyers with deposit, lending, and merchant services.

Ownership category

akta.pro rank

Headquarters

HQ city

Fort Polk

HQ country

United States

HQ region

North America

Offices52 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Lending: Traditional banking revenue generated from interest on consumer loans (automobile, real estate, personal), commercial loans, agricultural loans, and mortgage loans. The bank offers competitive rates with local decision-making.
2. Deposit Account Interest Spreads: Revenue generated from the spread between interest paid on deposits (checking, savings, money market, CDs) and interest earned on loans. Current rates include NOW Account at 0.25% APY, Savings at 0.05% APY, 12-month CD at 3.00% APY.
3. Transaction and Service Fees: Fees charged for various banking services including overdraft charges ($35), stop payments ($35), wire transfers (domestic $30, international $75), ATM/debit card replacement ($5), account research ($15/hour), and other account service fees.
4. Merchant Services Revenue: Revenue from payment processing services through Elavon partnership for merchants, including transaction fees for credit/debit card processing.
5. Mortgage Lending: Revenue from mortgage originations including construction, first-time home buyer, conventional, FHA, VA, USDA Rural Development, and manufactured housing loans.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Sabine State Bank and Trust Company is a community bank that takes deposits, originates consumer, residential mortgage, and commercial loans, and provides treasury and merchant payment services. It sells personal and business checking, savings, money market, Christmas Club, IRA, and certificate-of-deposit accounts; consumer, mortgage, agricultural, and commercial loan products; and digital banking, ACH origination, Remote Deposit Capture, merchant card processing via Elavon, Zelle P2P payments, and CDARS-sourced FDIC-insured deposits. Its market spans 40+ branches across Louisiana and Texas, served alongside online, mobile, and ATM channels.

Product overview

Sabine State Bank and Trust Company is a regional financial institution offering a comprehensive banking platform across Louisiana and Texas with 40+ branch locations. The product portfolio centers on core deposit accounts (checking, savings, money market, CDs, IRAs) for both personal and business customers, supplemented by lending services (consumer, residential mortgage, and commercial loans). Digital banking capabilities are delivered through online banking, mobile banking (iOS/Android apps), bill pay, eStatements, and Zelle peer-to-peer payments. Business cash management features include ACH services, Remote Deposit Capture, merchant payment processing (via Elavon partnership), and QuickBooks integration. Additional services include CDARS for expanded FDIC coverage, safe deposit boxes, and credit cards. The bank operates across two states with local decision-making for lending.

Differentiator

Problem solved

Functional benefit

Products and services

• Sabine Elite Checking Free personal checking account with no minimum balance, no monthly service charge, unlimited check writing, free ATM/debit card, free online banking, free bill pay, and free eStatements; opens with a $50 minimum deposit.
• PERSONAL NOW Checking Account Interest-bearing personal checking account requiring $1,500 minimum opening deposit and balance to avoid a $6 monthly service charge, earning 0.25% APY with up to 20 check transactions per statement cycle at no charge.
• SABINE PERSONAL Savings Account Basic personal savings account with $50 minimum opening deposit, tiered monthly service charges that are waived at balances of $300 or above, 0.05% APY, and one free withdrawal per statement cycle.
• PERSONAL Money Market Account Personal money market savings account requiring a $2,500 minimum opening and balance to earn APY (0.05% APY); $10 monthly service charge if the balance falls below $2,500, with six pre-authorized withdrawals per statement cycle at no charge.
• Christmas Club Savings Holiday savings account running a 50-week program with $5 minimum opening deposit, 0.10% APY, no withdrawals allowed, and automatic deposit of accumulated funds in October.
• Individual Retirement Account (IRA) Tax-advantaged retirement savings account with $50 minimum opening deposit, available as Fixed Rate IRA (30-month) or Variable Rate IRA (18-month), earning 0.45% APY with early-withdrawal penalties as disclosed.
• Certificates of Deposit (CD) FDIC-insured term deposits with guaranteed interest rates and automatic renewal, including 91 Day ($2,500 min, 0.75% APY), 182 Day ($2,500 min, 2.25% APY), 9 Month ($5,000 min, 2.75% APY), and 12 Month ($5,000 min, 3.00% APY) terms.
• SABINE Business Checking Business checking account with $50 opening deposit, no minimum balance requirements, no monthly maintenance fees, night deposit access, and direct deposit payroll availability for business customers.
• NON-PERSONAL NOW Checking Interest-bearing business checking for sole proprietorships, non-profits, and IOLTAs requiring a $1,500 minimum opening deposit and balance, with up to 20 checks per month at no charge.
• SABINE Business Savings Business savings account with $50 minimum opening deposit, $5 monthly service charge waived at $300 minimum balance, $200 minimum balance to earn APY, one free withdrawal per month, and access to 84+ ATMs.
• NON-PERSONAL Money Market Business money market account requiring a $2,500 minimum balance to earn APY, with no monthly maintenance fee if the minimum balance is maintained and six pre-authorized withdrawals per statement cycle at no charge.
• Mobile Banking Mobile banking application for iOS and Android enabling balance checking, fund transfers, bill payment, mobile check deposits, transaction history viewing, and branch location finding for personal and business customers.
• Online Banking with Bill Pay and eStatements 24/7 online banking platform with balance viewing, fund transfers, bill pay, electronic statements, QuickBooks data export, stop-payment initiation, and commercial ACH origination.
• Zelle Person-to-Person Payments Integrated P2P payment service within the Sabine State Bank mobile banking app allowing customers to send and receive money using email or U.S. mobile number across 2,200+ participating financial institutions, with no domestic fees.
• CDARS (Certificate of Deposit Account Registry Service) Deposit placement service through Promontory Interfinancial Network that provides multi-million-dollar FDIC insurance coverage on CD investments by spreading deposits across multiple banks while maintaining a single relationship, rate, and statement.
• Business Cash Management (ACH Services and Remote Deposit Capture) Cash management suite for businesses including ACH origination for direct deposit payroll and electronic tax payments, plus Remote Deposit Capture enabling in-office check deposits using a bank-provided scanner and high-speed internet.
• Merchant Services (via Elavon) Payment processing for business customers delivered through Elavon, supporting PC and terminal POS, mobile POS, wireless payments, debit/EBT, fleet cards, corporate cards, electronic check service, gift cards, and multi-currency processing for retail, restaurant, supermarket, hospitality, education/government, and e-commerce merchants.
• Mastercard Credit Card Mastercard credit cards accepted worldwide with automatic travel insurance, multi-card issuance per account, and online account management via mycardstatement.com.
• Safe Deposit Boxes Annual rental safe deposit boxes for secure storage of documents and valuables, available in sizes 3x5 ($25/year), 5x5 ($40/year), 3x10 ($50/year), 5x10 ($72/year), and 10x10 ($144/year), subject to availability by location.
• Consumer Loans Personalized consumer loan products including lines of credit, debt consolidation, real estate-secured loans, automobile, boat/motor/trailer, recreational vehicles (ATV, RV, travel trailers, motorcycles, personal watercraft), and recreational property financing.
• Residential Mortgage Loans Residential mortgage origination including construction loans, first-time home buyer programs, FannieMae conventional, FHA, VA, USDA Rural Development (with 100% financing available), manufactured housing, refinancing, and investment property loans.
• Commercial Loans Business lending solutions including business lines of credit, business term loans, refinancing of existing business debt, letters of credit, agriculture and farm loans, equipment financing, facilities purchase, commercial real estate acquisition/construction/refinance/investment property, and public financing for government entities.

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• ElavoncoreTechnology or IntegrationSabine State Bank has partnered with Elavon to deliver merchant processing solutions for business customers. Elavon processes over two billion transactions annually for more than 1 million merchant locations worldwide and is the fourth largest payment processor in the United States. The partnership provides secure payment processing, fraud monitoring, high-speed transaction processing, and 24/7 customer service for merchants.
• Promontory Interfinancial Network (CDARS)coreTechnology or IntegrationSabine State Bank offers the Certificate of Deposit Account Registry Service (CDARS) through Promontory Interfinancial Network, allowing customers to access multi-million dollar FDIC insurance coverage on deposits. CDARS enables customers to work with one trusted relationship while earning CD-level returns that may compare favorably to Treasury and money-market-fund yields.
• Early Warning Services (Zelle)coreTechnology or IntegrationSabine State Bank integrates with Zelle, a payment network operated by Early Warning Services, enabling customers to send and receive money directly between bank accounts. As of March 2025, Zelle is available through over 2,200 banks and credit unions and has over 100 million enrolled users.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Prosperity Bancshares: Texas-headquartered community bank holding company with heavy Texas concentration and Louisiana presence. Directly comparable on multi-branch community banking, small business lending, and consumer deposit franchise.
• Origin Bancorp: Louisiana-headquartered community bank holding company with branches across Louisiana, Texas, and Mississippi. Directly comparable in geographic footprint, customer segments (consumers, SMBs, ag borrowers), and community banking model with similar product breadth.
• Cadence Bank: Multi-state regional bank with material presence across Texas, Louisiana, Mississippi, Alabama, and Florida. Comparable community/regional banking model, full-service product suite (deposits, lending, treasury), and similar SMB/agricultural customer focus.
• Hancock Whitney Corporation: Gulf Coast regional bank holding company with branches across Mississippi, Louisiana, Texas, Alabama, and Florida. Directly comparable on multi-state community banking footprint, commercial lending, and consumer deposit franchise.
• Trustmark Corporation: Mississippi-based community bank operating across MS, AL, TN, FL, LA, and TX. Comparable regional bank with similar commercial/consumer lending mix and community banking approach.
• First Horizon Corporation: Tennessee-headquartered regional bank with footprint across the Southeast US including Louisiana and Texas. Comparable full-service commercial and consumer banking model with mortgage and wealth capabilities.
• Renasant Corporation: Mississippi-based community bank with branches across the Southeast. Comparable community banking model serving consumers, small businesses, and commercial clients with similar deposit and lending product suites.

Broad incumbents

• JPMorgan Chase: Largest US bank by assets with national retail, commercial, and mortgage presence. Competes with Sabine for deposits and loans in Louisiana/Texas markets but operates as a broad incumbent rather than a community specialist.
• Bank of America: National incumbent bank with full-service consumer, small business, and commercial banking across all 50 states including Louisiana and Texas. Overlaps with Sabine in consumer deposits, mortgages, and SMB banking as a broad competitor.
• Wells Fargo: National incumbent with extensive branch presence and full-service consumer/commercial/mortgage banking. Overlaps with Sabine in consumer deposits, residential mortgage, and commercial lending across Louisiana and Texas.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/104419379625486
• Instagraminstagram.com/sabinestatebank

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors

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

M&A

Investments

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

Frequently asked questions about Sabine State Bank and Trust Company