CrossFirst Bank
CrossFirst Bank is a Kansas-based community bank holding company founded in 2007, providing commercial and personal banking services to business owners, professionals, and their families across the Midwest and Southwest.
- Company typePrivate
- Founded2007
- HeadquartersLeawood, United States
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What CrossFirst Bank does
CrossFirst Bank, operated through its Kansas-based bank holding company CROSSFIRST BANKSHARES, INC. (founded 2007, headquartered in Leawood, Kansas), provides commercial and personal banking services primarily to business owners, professionals, and their families. The bank operates under an FDIC-insured, Kansas-chartered model with documented regional expansion into Oklahoma and the Southwest via leadership appointments and acquisitions. Its core product mix spans business banking, personal banking, and related credit services consistent with a relationship-driven community bank franchise. CrossFirst monetizes primarily through net interest income on loans and deposits, supplemented by standard fee-based banking services; pricing details and product economics are not publicly disclosed.
CrossFirst's growth strategy has been predominantly inorganic. Between June 2022 and April 2023, the company announced or completed three acquisitions: Farmers & Stockmens Bank (June 2022), Central Bank & Trust (November 2022), and Canyon Community Bank (April 2023), materially extending its branch network and asset base. Capital to support this expansion has been raised through recurring exempt securities offerings documented via SEC Form D filings from 2010 through 2023, totaling approximately $52.8M across disclosed rounds, with the most recent being a $7.75M raise in April 2023. The firmographic profile (251–500 employees, private corporate status, no public ticker) is consistent with a mid-sized community bank holding company rather than a large regional or money-center institution.
Note on data quality: The input contains a Busey Bank website scrape and a set of financial line items (revenues of $250 trillion) that are clearly contaminated from unrelated sources. Those portions have been excluded from this analysis. The investment-relevant evidence is concentrated in the SEC filings, the documented acquisition record, and the leadership roster (including founder Ron Baldwin, President & CEO Michael Maddox, COO Amy Fauss, and Chief Banking Officer Steve Peterson).
CrossFirst Bank firmographics
Firmographics- Name
- CrossFirst Bank
- Legal name
- CROSSFIRST BANKSHARES, INC.
- Website
- https://crossfirstbank.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- CrossFirst Bank is a Kansas-based community bank holding company founded in 2007, providing commercial and personal banking services to business owners, professionals, and their families across the Midwest and Southwest.
- Ownership category
- akta.pro rank
CrossFirst Bank industry classification
Industry- Product category
- Commercial Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- National Commercial Banks (6021), Savings Institutions, Not Federally Chartered (6036)
- akta.pro primary industry
- Payables & Disbursements (ACH/SEPA, wires, checks, virtual cards) (FSABAIAB)
Keywords
Where CrossFirst Bank is headquartered
LocationHeadquarters
- HQ city
- Leawood
- HQ country
- United States
- HQ region
- North America
Markets served
CrossFirst 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
CrossFirst Bank product offering
Product offeringCore offering
CrossFirst Bank provides banking services primarily designed for business owners, professionals, and their families. Its core offerings include commercial lending, business deposit accounts, treasury management, and personal banking products delivered through a multi-state branch network.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial Banking Services
Companies that use CrossFirst Bank
Customer profileIdeal customer profiles2 records
CrossFirst Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
CrossFirst Bank partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Farmers & Stockmens BankcoreCrossFirst Bank planned to acquire Farmers & Stockmens Bank as a strategic expansion move. The acquisition represented CrossFirst Bank's strategic growth initiative to expand its market presence through acquisition of another bank.
Scale indicators1 record
Recent moves5 records
Expansion highlights3 records
CrossFirst Bank competitors and assessment
Company assessmentDirect peers
- Busey Bank: Mid-size U.S. community bank offering personal banking, commercial banking, mortgage, and wealth management to businesses and families. CrossFirst and Busey share the same horizontal community-bank product mix and target the same business-owner/professional customer base.
- Pinnacle Financial Partners: Business-focused community/commercial bank headquartered in the Southeast U.S. with a relationship-led model targeting business owners and professionals, comparable in scale and GTM approach to CrossFirst.
- Cadence Bank: Regional commercial bank with full-suite consumer, commercial, mortgage, and wealth services across multiple southern and Sunbelt markets. Comparable multi-state footprint and business-banking orientation to CrossFirst.
- Independent Bank Group: Texas-headquartered community bank holding company focused on business owners and professionals with similar product breadth (commercial, retail, mortgage). Similar asset size and acquisition-driven growth profile.
- Hilltop Holdings: Bank holding company owning PlainsCapital Bank, offering commercial, retail, and mortgage services across multiple states. Comparable holdco-led, multi-community-bank structure to CrossFirst Bankshares.
- Sandy Spring Bancorp: Mid-Atlantic community bank holding company serving businesses and consumers with commercial lending, mortgage, and wealth services. Similar horizontal community-bank model and target customer profile.
- Tompkins Financial: Northeast U.S. community bank with personal, business, and wealth management lines. Comparable horizontal product mix and relationship-banking orientation to CrossFirst.
- Veritex Holdings: Texas-based community bank holding company serving small-to-mid-sized businesses and consumers with commercial, retail, and mortgage products. Similar size tier and business-owner target market.
- Southside Bancshares: Texas-based community bank holding company providing commercial and consumer banking plus trust/wealth services. Comparable holdco structure, regional footprint, and relationship-banking approach.
Broad incumbents
- First National of Nebraska (FNBO): Large privately held Midwestern commercial bank with consumer, business, and wealth services across multiple states. Comparable regional community-bank model but materially larger scale, serving as an aspirational incumbent for CrossFirst's footprint.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
CrossFirst Bank social profiles
Digital presenceCrossFirst Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
CrossFirst Bank leadership team
Management profileNumber of profiles
Profiles8 records
CrossFirst Bank funding detail
Funding detailFunding overview
Funding rounds10 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CrossFirst Bank M&A and investment
M&A and investmentM&A3 records
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CrossFirst Bank
What does CrossFirst Bank do?
CrossFirst Bank provides banking services primarily designed for business owners, professionals, and their families. Its core offerings include commercial lending, business deposit accounts, treasury management, and personal banking products delivered through a multi-state branch network.
Is CrossFirst Bank a public or private company?
CrossFirst Bank is a private company. It is classified as unknown and is currently operating.
When was CrossFirst Bank founded?
CrossFirst Bank was founded in 2007. It employs 251 to 500 people.
Where is CrossFirst Bank based?
CrossFirst Bank is headquartered in Leawood, United States, in the North America region.
Who are CrossFirst Bank's main competitors?
Direct peers on record are Busey Bank, Pinnacle Financial Partners, Cadence Bank, Independent Bank Group, Hilltop Holdings, Sandy Spring Bancorp, Tompkins Financial, Veritex Holdings and Southside Bancshares. First National of Nebraska (FNBO) is listed as a broad incumbent.
Does CrossFirst Bank have an API?
No public API is recorded for CrossFirst Bank.
What industry is CrossFirst Bank in?
CrossFirst Bank's product category is Commercial Banking. Its primary akta.pro industry code is FSABAIAB, Payables & Disbursements (ACH/SEPA, wires, checks, virtual cards). Its NAICS code is 52211 and its SIC code is 6021.