Concordia Bank & Trust Company

Name

Concordia Bank & Trust Company

Legal name

Concordia Bank & Trust Company

Website

https://concordiabank.com

Company type

Private

Founded year

1903

Operating status

Operating

Headcount range

51–100 employees

Short description

Concordia Bank & Trust Company is a privately-held community bank founded in 1903, providing personal and commercial banking services across Louisiana and Mississippi through seven branch locations.

Ownership category

akta.pro rank

Headquarters

HQ city

Vidalia

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Lending: Primary revenue driver through interest earned on loans including personal loans (HELOCs, unsecured, secured, boat, automobile), commercial loans, real estate mortgages, construction loans, and FmHA guaranteed loans. The bank originates and services loans locally with decision-making at branch level.
2. Banking Service Fees: Overdraft fees ($30/item), returned item fees ($30/item), ATM fees ($1/transaction at non-Concordia ATMs), wire transfer fees ($15 domestic, $50 foreign), stop payment fees ($30/item), dormant account fees, monthly service charges on accounts, and safe deposit box rental.
3. Bill Payment Services: CB&T Bill Pay for consumer accounts with a $5 inactivity fee if no activity in 30 days. Business accounts pay $5 for first 10 payments then $0.50 per transfer.
4. Deposit Account Maintenance: Monthly service charges on checking and savings accounts when minimum balance requirements are not met. Commercial checking at $10/month if balance below $2,500; Blue Chip Savings at $9/quarter if balance below $300.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Concordia Bank & Trust Company is a community bank that provides personal and commercial banking products and services. Core offerings include deposit accounts (checking, savings, money market, CDs, IRAs), consumer and commercial loans (mortgages, HELOCs, personal loans, business loans, lines of credit), digital banking services (online banking, mobile app, phone banking), and ancillary services (safe deposit boxes, wire transfers, debit cards). The bank operates seven branches across Louisiana and Mississippi serving the Miss-Lou region.

Product overview

Concordia Bank & Trust Company offers a comprehensive community banking platform serving both personal and commercial customers across Louisiana and Mississippi. The core offering consists of traditional deposit products (checking, savings, money market, certificates of deposit) and lending services (personal loans, mortgages, commercial loans, and retirement accounts including Traditional and Roth IRAs). Digital banking is delivered through Online Banking, Mobile Banking, and Express Phone Banking platforms. Premium personal checking is available through Diamond Checking with bundled insurance and identity protection benefits, while basic checking options include Express Checking, Senior Checking, and Student Checking. Commercial banking encompasses Commercial Checking, Charitable Interest Checking, and Commercial Money Market accounts paired with commercial lending and business services. The bank operates seven branch locations and offers ATM access through the Pulse Network.

Differentiator

Problem solved

Functional benefit

Products and services

• Online Banking 24/7 account access platform enabling balance inquiries, fund transfers between designated accounts, check imaging, transaction history viewing, bill payment, and financial software data export.
• Mobile Banking Smartphone and tablet application (CBT Mobile Banking v5.0.0) for iOS and Android providing account access, balance viewing, transaction review, and mobile check deposit capabilities through Concordia Mobile Deposit.
• Personal Checking Standard personal checking account with $100 minimum opening deposit and unlimited check writing. Monthly service charge of $7 waived with ledger balance of $750 or more.
• Diamond Checking Premium interest-bearing checking account with $100 minimum opening, $8 monthly service charge, and bundled benefits including cell phone protection up to $600, IDProtect identity theft monitoring, fuel savings at Shell stations, and $10,000 accidental death and dismemberment insurance.
• Express Checking Basic checking account with $25 minimum opening deposit and $4 monthly service charge. No overdraft or returned item fees; not eligible for overdraft privilege or personal checks.
• Senior Checking Checking account available to customers 62 years of age and over with no monthly service charge; limited to one account per customer.
• Student Checking Checking account for full-time students with no monthly service charge, free online banking, mobile deposit, bill pay, unlimited transactions, and free initial debit card; limited to one account per customer.
• Interest Checking Interest-bearing checking account with $1,500 minimum opening deposit, 0.25% APY, free basic checks (1 box), and free notary service.
• Blue Chip Savings Personal savings account with $100 minimum opening, 0.50% APY, $9 quarterly service charge waived with $300 minimum balance, and excess withdrawal charge of $3 per withdrawal over 3 per quarter.
• Personal Money Market Account Tiered interest-bearing money market account with $1,000 minimum opening and tiered APYs from 0.50% to 2.02%.
• Christmas Club Seasonal savings account for holiday expenses with automatic fund transfers to designated deposit account by end of October each year; minimum $1 opening deposit, 0.50% APY, $5 early closing fee.
• Certificate of Deposit (Personal) Time deposit with $1,000 minimum opening, terms from 1 to 60 months, and competitive interest rates ranging from 1.00% to 3.03% APY; early withdrawal penalties apply.
• Traditional IRA Individual retirement account with $100 minimum opening deposit earning competitive variable interest rates.
• Roth IRA (Fixed Rate) Roth IRA with fixed interest rates available for terms from 6 months to 60 months.
• Roth IRA (Variable Rate) Roth IRA with variable interest rates for 18-month and 60-month terms.
• Personal Loans Comprehensive personal lending including home equity lines of credit (HELOCs), unsecured loans, secured loans, and boat and automobile financing.
• Real Estate Mortgages Mortgage lending for 1-4 dwellings sold into the secondary market, including owner-occupied residential property loans, income property loans, interim construction loans, and home equity lines of credit.
• VISA Debit Card Instant-issue debit card with chip technology accepted worldwide wherever VISA is accepted; enables point-of-sale purchases deducted directly from checking account.
• Express Phone Banking 24-hour automated telephone banking service for account inquiries, transaction verification, and balance information using assigned PIN.
• E-Statements Electronic statement delivery providing 24-month online statement history with email notifications when statements are available.
• Commercial Checking Business checking account with $100 minimum opening, $10 monthly service charge if ledger balance falls below $2,500, plus $150 monthly monitoring fee for money service businesses.
• Charitable Interest Checking Interest-bearing checking account for non-profit organizations, associations, and not-for-profit customers with 0.25% APY, $1,000 minimum opening, no per-item charge, and $1,500 minimum balance to avoid $8 monthly fee.
• Commercial Money Market Account Business money market account with $1,000 minimum opening, tiered interest rates, and $10 monthly service charge if balance falls below $1,500.
• Commercial Loans Business lending including secured and unsecured loans, revolving lines of credit, real estate and construction loans, letters of credit, and FmHA Guaranteed Loans for various industries including farmers.
• Commercial Services Business banking services including account research, cashier's checks, money orders, wire transfers, safe deposit boxes, fax service, and photocopies.

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators4 records

Recent moves9 records

Expansion highlights4 records

Regional players

• Simmons Bank: Simmons Bank is an Arkansas-based community bank with Tustin-style relationship lending and a comparable array of consumer, commercial, and mortgage products. It does not have substantial Louisiana/Mississippi retail presence, making it primarily a regional model peer rather than a direct competitor.

Broad incumbents

• Cadence Bank: Cadence Bank (formed from Cadence Bancorporation and BancorpSouth) is a major regional bank across the Southeast including Louisiana and Mississippi with full commercial, treasury, and consumer capabilities. As a much larger incumbent, it represents the competitive ceiling Concordia faces in the regional market.
• Hancock Whitney Corporation: Hancock Whitney is a substantially larger regional bank with deep Louisiana and Mississippi branch presence, broad commercial and treasury capabilities, and a wider product set. It competes with Concordia for commercial deposits and small-business lending across the same Mississippi-Louisiana corridor.
• First Horizon Corporation: First Horizon is a large regional bank headquartered in Memphis with operations across Tennessee, Mississippi, Louisiana, and surrounding states. It offers the full suite of commercial, wealth, and consumer banking products that compete for the same customers Concordia serves in the broader Mid-South market.

Direct peers

• Red River Bancshares: Red River Bank is a Louisiana-chartered community bank based in Alexandria, LA offering comparable deposit products, commercial lending, and trust services across central Louisiana. Geographic proximity and parallel product offerings make it one of the closest direct comparables in size, scope, and customer profile.
• Investar Holding Corp: Investar Bank is a Louisiana-chartered community bank headquartered in Baton Rouge with a comparable mix of personal and commercial banking products and similar asset scale. Both banks compete directly in Louisiana, including in the Baton Rouge MSA where Concordia maintains its Capital Area office.
• Origin Bancorp: Origin Bank is a Louisiana-chartered commercial bank offering personal, business, and mortgage lending across northern Louisiana, Texas, and Mississippi with similar community-bank DNA. Like Concordia, it emphasizes relationship banking and has expanded into Mississippi, making it a near-direct functional peer.
• Bank OZK: Bank OZK is an Arkansas-headquartered community bank with comparable deposit products, real estate and commercial lending, and treasury services. Although primarily Arkansas-based (and therefore a regional rather than direct peer), its asset size and deposit-driven community bank model closely mirror Concordia's franchise economics.
• Home BancShares: Home BancShares operates a community-bank model across the South (primarily Arkansas, Florida, and surrounding states) with similar size, deposit-funded lending, and conservative commercial banking approach. While based in Arkansas rather than Louisiana/Mississippi, it is a strong functional comparator for community-bank economics and growth strategy.
• Trustmark National Bank: Trustmark is a Mississippi-headquartered community/regional bank offering consumer, commercial, and mortgage banking across the Deep South. With overlapping Louisiana/Mississippi branch presence and similar relationship-banking emphasis, it competes with Concordia in the Miss-Lou trade area.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/concordiabank1903
• Xx.com/concordiabank

Revenue estimate

Valuation estimate

Number of profiles

Profiles24 records

Funding overview

Funding rounds1 record

Investors1 record

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 Concordia Bank & Trust Company