What Allied First Bank does

Allied First Bank is a privately held community bank founded in 1994 and headquartered in Oswego, United States. The firm operates with a workforce in the 51-100 range and positions itself as a provider of a comprehensive range of commercial and mortgage products alongside general banking services. Its customer base is implied to be a mix of commercial and consumer clients typical of a community banking franchise, though specific customer segments, deposit composition, and loan portfolio detail are not disclosed in the input data.

Leadership is anchored by Kenneth Bertrand as President and CEO and Mark Fritz as Executive Vice President and CFO. The firm's funding history reflects a single disclosed capital raise of $2.1M dated January 2017, with investors and lead investor unspecified. The bank maintains a website at alliedfirst.com but its broader digital, technology, and operational footprint is not characterized in the available source material.

It is important to note that the input data aggregates a substantial volume of detailed product, technology, partnership, and award information about a separate institution (Servbank, N.A., a nationally chartered bank also based in Oswego). That detail has not been attributed to Allied First Bank in this analysis, as the underlying firmographic and leadership records indicate these are distinct entities despite shared geography. As a result, the analytical depth for Allied First Bank specifically is constrained by limited operating, financial, and product disclosure in the source material.

Name

Allied First Bank

Legal name

Servbank, N.A.

Website

https://alliedfirst.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

51–100 employees

Short description

Allied First Bank is a privately held community bank founded in 1994 in Oswego, United States, that provides commercial and mortgage banking products and services to local clients, led by President and CEO Kenneth Bertrand.

Ownership category

akta.pro rank

Headquarters

HQ city

Oswego

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Net Interest Income: Traditional banking revenue from interest rate spread on loans and deposits including commercial lending, SBA loans, commercial real estate financing, and personal lending products
2. Fee-based Banking Services: Revenue from deposit account fees, wire transfer fees, overdraft fees, and other banking service charges
3. Mortgage Subservicing: B2B subservicing fees charged to mortgage bankers, banks, credit unions, and private portfolio holders for loan servicing operations
4. Treasury Management Services: Fraud prevention, information reporting, liquidity management, payables and receivables solutions, credit sweeps services for commercial clients
5. Merchant and Payment Solutions: Merchant services and integrated payables generating transaction fees from business payment processing

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

Allied First Bank is a community bank that provides commercial banking, business banking, SBA government-guarantee lending, treasury management, commercial real estate financing, structured finance (private equity, subscription lines, warehouse, MSR financing), personal banking (checking, savings, money market, CDs, cards, digital and Zelle payments), specialized homeowner association banking, and B2B mortgage subservicing for mortgage bankers, banks, credit unions, and private portfolios. Services are delivered through dedicated relationship managers, online/mobile banking channels, branch and ATM networks, and a proprietary servicing technology platform.

Product overview

Servbank operates as a full-service bank offering a platform of interconnected banking products and services. The core portfolio includes Commercial & Business Banking (commercial banking, business banking, SBA lending, treasury management, structured finance including private equity and warehouse lending), Personal Banking (checking, savings, CDs, debit/credit cards, online/mobile banking, Zelle), and Homeowner Association Banking. A key differentiator is its Subservicing Solutions platform, which provides mortgage subservicing for mortgage bankers, banks, credit unions, and private portfolio holders using technology-enabled processes with dedicated customer care. The bank also offers specialty services including merchant services, construction banking, and commercial real estate financing. Services are delivered through online/mobile banking channels and a network of ATMs.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Banking Comprehensive commercial banking services with specialized business solutions and dedicated relationship managers for personalized commercial client support.
• Business Banking Banking solutions designed for business growth featuring flexible financing and customized lending options for commercial portfolios.
• Law Firm Commercial Banking Specialized commercial banking services tailored for law firms and legal practices, including trust and professional practice banking.
• Commercial and Industrial Banking Banking solutions for commercial and industrial enterprises offering customized financing options for C&I operations.
• SBA 504 Loans Government-guaranteed SBA 504 loans supporting business expansion and commercial real estate acquisition for qualified borrowers.
• SBA 7(a) Loans Government-guaranteed SBA 7(a) loans providing flexible financing solutions for small businesses across eligible use cases.
• Structured Finance and Private Equity Finance Suite of structured finance products covering private equity finance, subscription lines of credit, MSR financing, warehouse lending, private equity back leverage, and GP financing for PE/VC firms and their portfolio companies.
• Treasury Management Comprehensive treasury management services including fraud prevention, information reporting and liquidity management, payables and receivables solutions, and credit sweeps for commercial clients.
• Commercial Real Estate Banking Banking solutions for commercial real estate including construction banking, commercial real estate financing, and multifamily real estate banking.
• Specialty Deposit Products Specialty deposit products for property management companies, including deposit account control agreements, HOA solutions, and professional practice banking.
• Payment Solutions Payment solutions for businesses including merchant services, business credit cards, and integrated payables.
• Homeowner Association Banking Tailored banking solutions for homeowner associations including lines of credit with terms up to 20 years, customized deposit accounts, and competitive money market rates for reserve accounts.
• Personal Checking Account Personal checking accounts offering consumers nationwide ATM access and 24/7 fund availability through digital and physical channels.
• Online and Mobile Banking Digital banking platform providing 24/7 access to accounts through intuitive online and mobile interfaces for personal and business customers.
• Debit and Credit Cards Personal debit and credit card products supporting everyday banking transactions for consumer customers.
• Zelle Payments Real-time person-to-person payment service integrated into personal banking for sending money to friends and family.
• Certificate of Deposit Account Time deposit accounts offering guaranteed returns for personal savings growth with FDIC insurance coverage.
• Savings and Money Market Account Savings and money market deposit accounts offering competitive interest rates for personal savings and reserve balances.
• Mortgage Subservicing Solutions Comprehensive B2B mortgage subservicing platform combining advanced technology with dedicated customer care, serving mortgage bankers, banks, credit unions, and private portfolios.

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• All Western Mortgage Inc.coreChannel Partner/ Reseller/ DistributorAll Western Mortgage Inc. is a new client welcomed to Servbank's subservicing and banking services. The partnership represents Servbank's growth in the mortgage banking channel, providing loan subservicing and banking solutions to the mortgage company.
• CAI (Community Associations Institute)coreStrategic or Co-development PartnerServbank actively participates in CAI Annual Conference and events, demonstrating strategic focus on the HOA and community association banking market segment. The partnership involves industry event presence and professional networking in the HOA management space.

Scale indicators2 records

Recent moves1 record

Expansion highlights1 record

Broad incumbents

• First Citizens BancShares: Large regional bank with diversified commercial, mortgage, and specialty banking. Adjacent comparable for Servbank's mix of commercial, real estate, and consumer banking at a much larger scale.
• Pacific Premier Bancorp: Large community bank with HOA and specialty deposit business plus commercial and CRE lending. Comparable to Servbank's HOA banking and CRE/multifamily verticals, but at materially larger scale.
• Live Oak Bancshares: Digital-first community bank specializing in SBA and niche commercial lending. Comparable to Servbank's SBA 504/7(a) programs and specialty commercial banking focus.
• Glacier Bancorp: Multi-state community bank holding company with diversified commercial, mortgage, and consumer banking. Broadly comparable business mix to Servbank's community banking model at greater scale.
• Customers Bancorp: Commercial-focused community bank with specialty lending and commercial deposit franchises. Comparable to Servbank's commercial banking, treasury management, and CRE lending.

Direct peers

• Mr. Cooper: Largest U.S. mortgage servicer and subservicer. Direct competitor to Servbank's mortgage subservicing business for mortgage bankers, banks, and credit unions.
• Dovenmuehle Mortgage: Specialty mortgage subservicer serving banks, credit unions, and investors. Directly comparable to Servbank's subservicing platform, including technology-enabled servicing operations.
• LoanCare: One of the largest U.S. mortgage subservicers, competing for the same B2B subservicing clients (banks, credit unions, portfolio holders) that Servbank targets.
• Cenlar FSB: Federally chartered thrift focused exclusively on mortgage subservicing for banks and credit unions. Closest single-business comparison to Servbank's subservicing line.
• ServisFirst Bancshares: Commercial-focused community bank with relationship-driven commercial and specialty lending. Comparable to Servbank's commercial banking, SBA, and treasury management offerings.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Allied First Bank