Bank Five Nine
Bank Five Nine is an independent community bank serving Southeast Wisconsin since 1859, offering personal banking, business banking with SBA lending, and wealth management through 14 branches and 9 loan production offices.
- Company typePrivate
- Founded1859
- HeadquartersOconomowoc, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What Bank Five Nine does
Bank Five Nine is an independent community bank headquartered in Oconomowoc, Wisconsin, operating continuously since 1859. The bank serves consumer, small business, and high-net-worth customers in Southeast Wisconsin through 14 full-service branch locations and 9 specialized loan production offices. Its product portfolio spans personal banking (checking, savings, money market, CDs/IRAs, mortgages, personal lending), business banking (multi-tier business checking, commercial loans, SBA 7a/Express/504/CAPLines, cash management, and Elan co-branded credit cards), and wealth management advisory services through the Five Nine Wealth Management division.
The bank's underlying technology consists of a standard community bank digital platform: web-based online banking, a mobile banking app with mobile check deposit, and integrations with Zelle for P2P payments, Apple Pay and Google Pay for contactless transactions, and CardValet for debit card controls. Credit card issuance and processing is outsourced to Elan Financial Services. The technology stack is described as industry-standard rather than differentiated, with no proprietary AI/ML, data assets, or patents disclosed.
Bank Five Nine generates revenue from four primary streams: net interest income on loans (mortgages, commercial, SBA, consumer), banking service fees (account maintenance, overdraft, ATM), SBA loan fees on government-guaranteed lending, and wealth management advisory fees. The bank is recognized as an SBA Preferred Lender and ranks top 10 nationally for SBA 504 loan volume, making SBA lending the most differentiated revenue line. The go-to-market is a relationship-based sales-led community banking model with local branch managers retaining lending authority, complemented by educational content marketing, community involvement, and digital self-service channels. Note: the company's public/private status is inconsistent across sources, with firmographic data indicating OTCQB listing under ticker OCNB while the detailed company record describes it as privately held.
Bank Five Nine firmographics
Firmographics- Name
- Bank Five Nine
- Legal name
- Bank Five Nine Inc.
- Website
- https://bankfivenine.com
- Company type
- Private
- Founded year
- 1859
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Bank Five Nine is an independent community bank serving Southeast Wisconsin since 1859, offering personal banking, business banking with SBA lending, and wealth management through 14 branches and 9 loan production offices.
- Ownership category
- akta.pro rank
Bank Five Nine industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (522110), Depository Credit Intermediation (5221)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industries
- Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI), SME Sector/Specialty Banking (Vertical-focused: Healthcare, Agri, Tech, etc.) (FSABABAI)
Keywords
Where Bank Five Nine is headquartered
LocationHeadquarters
- HQ city
- Oconomowoc
- HQ country
- United States
- HQ region
- North America
Offices23 records
Markets served
Bank Five Nine 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: Interest earned on loans including mortgages, business loans, and personal lending products
- Banking Service Fees: Monthly maintenance fees, overdraft fees, ATM fees, and other account-related service charges
- SBA Lending: Small Business Administration lending programs including 7a, Express, 504, and CAPLines with government guaranty
- Wealth Management: Financial planning and wealth management services for individuals and businesses
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Free Checking - Basic personal checking with no monthly maintenance fee |
| Subscription | Monthly | Value Checking - Personal checking with enhanced features |
| Subscription | Monthly | Relationship Checking - Premium checking for existing customers with multiple products |
| Subscription | Monthly | Student Checking - Checking designed for students |
| Subscription | Monthly | First Rate Money Market - Personal money market account |
| Subscription | Monthly | Distinctive Money Market - Business money market account |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
Bank Five Nine product offering
Product offeringCore offering
Bank Five Nine is a community bank operating since 1859 in Southeast Wisconsin, delivering personal and business banking products and services through 14 full-service branch locations and 9 loan production offices. Core offerings include personal checking, savings, money market, CDs/IRAs, mortgages and personal loans, alongside business checking, commercial lending, SBA loan programs (7a, Express, 504, CAPLines), cash management and business credit cards, complemented by wealth management advisory services and digital banking channels.
Product overview
Bank Five Nine is a community bank serving Southeast Wisconsin since 1859, offering a comprehensive suite of personal and business banking products. The bank's offerings are organized around two primary segments: Personal Banking (including checking, savings, CDs/IRAs, money market accounts, mortgages, personal lending, and digital banking tools) and Business Banking (encompassing various business checking tiers, commercial lending, SBA loan programs, cash management services, and business credit cards). Digital services include online banking, mobile banking with mobile deposit and wallet integrations, and specialized tools like Zelle for P2P payments and CardValet for debit card management. The bank also provides wealth management advisory services and specialized youth savings accounts. SBA lending is a notable specialty area, with the bank recognized as an SBA Preferred Lender and top 10 lender nationally for SBA 504 loan volume.
Differentiator
Problem solved
Functional benefit
Brands
- Five Nine Wealth Management: Wealth management services offered by Bank Five Nine
- Bank Five Nine Learning Center
- Good Savers Account
Products and services
- Personal Checking Transactional deposit accounts for individuals offered in multiple tiers: Free Checking (no monthly fee), Value Checking, Relationship Checking, and Student Checking. Features include direct deposit, debit cards, online bill pay, and account alerts.
- Personal Savings Accounts Savings account options for individuals to deposit and grow money with competitive interest rates, including traditional savings and high-yield options for emergency funds and long-term goals.
- Money Market Accounts Interest-bearing deposit accounts offering competitive rates with check-writing privileges and limited transaction access. First Rate Money Market for personal accounts ($2,500 minimum) and Distinctive Money Market for business accounts ($15,000 minimum).
- CDs and IRAs Certificate of Deposit accounts with fixed terms and rates, plus Individual Retirement Accounts (traditional and Roth) offering tax-advantaged retirement savings.
- Personal Lending Consumer loans including personal loans, home equity lines of credit, and other credit facilities for major purchases, debt consolidation, or unexpected expenses.
- Mortgages Home loan products including purchase mortgages, refinancing options, and home equity loans, with pre-approval guidance and access to mortgage specialists.
- Business Checking Commercial deposit accounts in multiple tiers: Basic Business Checking (low volume), Select Business Checking (moderate volume), Premier Commercial Checking (high volume), Business Checking with Interest, and Community Checking for nonprofits.
- Business Loans Commercial lending solutions including term loans, lines of credit, equipment financing, commercial real estate loans for industrial, office, self-storage and retail properties, standby letters of credit, and municipal loans.
- SBA 7a Loans SBA loan program with flexible parameters for working capital, equipment, and real estate, with a maximum loan size of $5 million and terms up to 25 years for real estate. SBA provides 75-85% guaranty.
- SBA Express Loans Expedited SBA loan program with faster turnaround for qualified borrowers, maximum loan amount of $500,000, terms up to 10 years, structured as term loan or revolving line of credit.
- SBA 504 Loans SBA Certified Development Company loan program for real estate and equipment purchases enabling borrowers to provide as little as 10% equity injection, with financing structured across two loans and fixed rates up to 25 years.
- SBA Working Capital CAPLines Revolving lines of credit with annual renewal availability up to 10 years, maximum loan size of $5 million, fully collateralized or structured with borrowing base, with SBA providing 75-85% guaranty.
- Cash Management Suite of commercial banking tools including Express Deposit remote check capture, ACH Manager for batch payments, Wire Manager for wire transfers, and business mobile banking with enhanced controls.
- Business Credit Cards Elan Visa co-branded business credit card program with competitive pricing, full range of reward options, and online account management through Elan's portal.
- Wealth Management Financial planning services through the Five Nine Wealth Management division, ranging from first-time investors to experienced planners, including investment guidance and portfolio management.
- Good Savers Account Savings account designed for kids and teens to learn about money management early, with educational tools and resources to help young savers understand the importance of saving.
- Bank@Work Employee banking benefits program enabling employers to offer banking services to their workforce, with preferential fee structures and convenient account management tools.
Quantifiable outcome
- One of top SBA lenders in Wisconsin and top 10 in the nation for SBA 504 loan volume
Companies that use Bank Five Nine
Customer profileSegments3 records
Ideal customer profiles3 records
Bank Five Nine technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature3 records
Bank Five Nine partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Elan Financial ServicescoreBank Five Nine partners with Elan Financial Services to offer Visa consumer and business credit cards. Elan provides the card processing infrastructure, rewards programs, and account management platform while Bank Five Nine markets and originates the cards to its customer base.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Bank Five Nine competitors and assessment
Company assessmentBroad incumbents
- Associated Bank: Associated Bank is a large regional bank headquartered in Green Bay with deep Wisconsin branch coverage, competing with Bank Five Nine across personal, business, and commercial lending while offering a far broader product suite.
- BMO Harris Bank: BMO Harris is a major regional bank with extensive Wisconsin branch presence, competing with Bank Five Nine for consumer deposits, mortgages, and small-business banking across Southeast Wisconsin.
Direct peers
- Town Bank: Town Bank, part of Heartland Financial USA, operates community bank branches across Southeast Wisconsin including Hartland and Menomonee Falls, directly overlapping Bank Five Nine's branch geography and small-business lending focus.
- PyraMax Bank: PyraMax Bank is a Wisconsin community bank serving the Greater Milwaukee area with personal, business, and SBA lending—comparable in size, scope, and SBA focus to Bank Five Nine.
- North Shore Bank: North Shore Bank is a mutual savings bank serving Southeast Wisconsin with personal and business banking products through multiple branches—a direct community-banking competitor in Bank Five Nine's geographic market.
- Waukesha State Bank: Waukesha State Bank is a Wisconsin-based independent community bank offering personal and business banking, mortgages, and wealth services in Waukesha County—directly overlapping Bank Five Nine's core Southeast Wisconsin footprint and customer segments.
- Investors Community Bank: Investors Community Bank is a Wisconsin community bank with personal, business, and SBA lending expertise serving Manitowoc and surrounding counties—comparable in scope and SBA specialization to Bank Five Nine.
- First National Community Bank: First National Community Bank is a Wisconsin-based community bank offering personal and business banking with SBA lending expertise—comparable in scope and SBA specialization to Bank Five Nine, operating in a similar Wisconsin market.
Regional players
- Settlers Bank: Settlers Bank is a community bank serving western Wisconsin and eastern Minnesota markets, comparable in size and community banking model but operating primarily outside Bank Five Nine's Southeast Wisconsin core.
- Citizens State Bank of La Crosse: Citizens State Bank is a Wisconsin community bank offering personal, business, and SBA lending outside Bank Five Nine's Southeast Wisconsin footprint but comparable in community banking model and SBA focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Bank Five Nine social profiles
Digital presenceBank Five Nine financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bank Five Nine leadership team
Management profileNumber of profiles
Profiles13 records
Bank Five Nine funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bank Five Nine M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bank Five Nine
What does Bank Five Nine do?
Bank Five Nine is a community bank operating since 1859 in Southeast Wisconsin, delivering personal and business banking products and services through 14 full-service branch locations and 9 loan production offices. Core offerings include personal checking, savings, money market, CDs/IRAs, mortgages and personal loans, alongside business checking, commercial lending, SBA loan programs (7a, Express, 504, CAPLines), cash management and business credit cards, complemented by wealth management advisory services and digital banking channels.
Is Bank Five Nine a public or private company?
Bank Five Nine is a private company. It is classified as private equity controlled and is currently operating.
When was Bank Five Nine founded?
Bank Five Nine was founded in 1859. It employs 101 to 250 people.
Where is Bank Five Nine based?
Bank Five Nine is headquartered in Oconomowoc, United States, in the North America region.
How does Bank Five Nine make money?
Four revenue lines are on record. Interest Income is the primary driver. The others are banking Service Fees, SBA Lending and wealth Management.
Who are Bank Five Nine's main competitors?
Broad incumbents on record are Associated Bank and BMO Harris Bank. Direct peers are Town Bank, PyraMax Bank, North Shore Bank, Waukesha State Bank, Investors Community Bank and First National Community Bank. Regional players are Settlers Bank and Citizens State Bank of La Crosse.
Does Bank Five Nine have an API?
No public API is recorded for Bank Five Nine.
What industry is Bank Five Nine in?
Bank Five Nine's product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABAAAI, Small Business Banking (Microbusiness/Sole Proprietor). Its NAICS code is 522110 and its SIC code is 6022.