BankFinancial
- Company typePrivate
- Founded1924
- HeadquartersDowners Grove, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
BankFinancial firmographics
Firmographics- Name
- BankFinancial
- Legal name
- BankFinancial Corporation
- Website
- https://bankfinancial.com
- Company type
- Private
- Founded year
- 1924
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
BankFinancial industry classification
Industry- Product category
- Retail and Commercial Banking
- NAICS
- Commercial Banking (52211), 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
- Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB), Credit Cards & Revolving Credit (FSABAAAC), Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI), SBA/Government-Backed & Development Finance Loans (FSAKAGAI)
Keywords
Where BankFinancial is headquartered
LocationHeadquarters
- HQ city
- Downers Grove
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
BankFinancial business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Distribution channels1 record
BankFinancial product offering
Product offeringCore offering
BankFinancial was a Chicago-area community bank holding company that offered retail and commercial banking services, including personal checking and savings accounts, mortgages, home equity and auto loans, credit cards, business deposit accounts, commercial lending, equipment leasing, specialty lending (SBA, asset-based, ESOP, food/agribusiness), real estate lending, treasury/cash management, and wealth management through Yellow Cardinal Advisory Group. Following its January 1, 2026 all-stock acquisition by First Financial Bancorp (~$142 million), BankFinancial's operations, branches, and product offerings were consolidated into First Financial Bank, with full system conversion completed on June 8, 2026.
Product overview
First Financial Bank operates as a unified regional banking platform offering a comprehensive suite of financial products across personal banking, business banking, lending, wealth management, and treasury services. Following the June 2026 system conversion, BankFinancial's operations were fully integrated into First Financial's infrastructure, consolidating products, processes, and operating systems. The product portfolio includes personal checking and savings accounts with digital banking access via f1RSTNAVIGATOR, credit cards, mortgage and consumer lending, home equity products, and auto loans. Business offerings span everyday business accounts, specialty lending (SBA, equipment leasing, real estate, specialty lending), treasury management services, and employee benefit programs. Wealth management is delivered through Yellow Cardinal Advisory Group providing financial planning, investment solutions, retirement services, and brokerage. The institution also maintains a substantial community commitment through the First Financial Foundation.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Checking Accounts
Companies that use BankFinancial
Customer profileSegments1 record
Ideal customer profiles3 records
BankFinancial technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
BankFinancial partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights3 records
BankFinancial competitors and assessment
Company assessmentBroad incumbents
- First Financial Bancorp: Acquirer of BankFinancial and now parent operating entity. A ~$22B-asset Midwest regional bank offering a comparable suite of personal, business, lending, and wealth services; directly comparable as the consolidated platform into which BankFinancial was integrated.
- Lakeland Financial Corporation: Indiana-based super-community bank offering commercial, retail, and treasury banking; comparable in scale, product breadth, and operating model to BankFinancial's community banking franchise.
- Stock Yards Bancorp: Kentucky-based super-community bank with personal, business, and wealth management services, plus commercial and specialty lending; comparable scale and operating philosophy to a Chicago community bank like BankFinancial.
- QCR Holdings: Multi-charter Midwest community banking holding company with similar mix of commercial, retail, and specialty lending across Illinois, Iowa, Wisconsin, and Missouri. Comparable in scale and community banking model.
- S&T Bancorp: Pennsylvania-based super-community bank providing commercial, consumer, and wealth services with a similar size profile and product breadth to BankFinancial. Comparable scale and operating model.
- Westamerica Bancorp: California-based community bank focused on relationship banking with a product set (deposits, commercial, consumer lending, treasury) similar to BankFinancial's; comparable by business model though geographically distinct.
- Old National Bancorp: Large Midwest regional bank that acquired First Midwest Bancorp, operating a comparable personal, business, and wealth platform across the Midwest including Illinois; directly comparable as a regional acquirer of Chicago-area community banks.
Direct peers
- Wintrust Financial: Large Chicago-area community banking franchise with multiple community bank charters, specialty lending (equipment leasing, mortgage, wealth), and a similarly diversified product set. Operates in the same Chicago metro and competes directly for the same retail and SMB customers.
- Byline Bancorp: Chicago-headquartered community bank with comparable deposit-gathering branch network in the Chicago metro, small business and commercial lending focus, and similar customer mix. Closest direct competitor by geography and product set.
- Old Second Bancorp: Illinois-chartered community bank headquartered in Aurora, IL, with branches across the Chicago western suburbs and a similar mix of personal, business, and treasury banking services. Directly comparable Chicago-area competitor.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks1 record
Key highlights5 records
Customer concentration
BankFinancial social profiles
Digital presenceBankFinancial financial estimates
Financial estimateRevenue estimate
Valuation estimate
BankFinancial leadership team
Management profileNumber of profiles
BankFinancial funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BankFinancial M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BankFinancial
What does BankFinancial do?
BankFinancial was a Chicago-area community bank holding company that offered retail and commercial banking services, including personal checking and savings accounts, mortgages, home equity and auto loans, credit cards, business deposit accounts, commercial lending, equipment leasing, specialty lending (SBA, asset-based, ESOP, food/agribusiness), real estate lending, treasury/cash management, and wealth management through Yellow Cardinal Advisory Group. Following its January 1, 2026 all-stock acquisition by First Financial Bancorp (~$142 million), BankFinancial's operations, branches, and product offerings were consolidated into First Financial Bank, with full system conversion completed on June 8, 2026.
Is BankFinancial a public or private company?
BankFinancial is a private company. It is classified as corporate owned and is currently acquired.
When was BankFinancial founded?
BankFinancial was founded in 1924. It employs 101 to 250 people.
Where is BankFinancial based?
BankFinancial is headquartered in Downers Grove, United States, in the North America region.
Who are BankFinancial's main competitors?
Broad incumbents on record are First Financial Bancorp, Lakeland Financial Corporation, Stock Yards Bancorp, QCR Holdings, S&T Bancorp, Westamerica Bancorp and Old National Bancorp. Direct peers are Wintrust Financial, Byline Bancorp and Old Second Bancorp.
Does BankFinancial have an API?
No public API is recorded for BankFinancial.
What industry is BankFinancial in?
BankFinancial's product category is Retail and Commercial Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABAAAB, Retail Lending (Personal Loans, Auto, Credit Lines). Its NAICS code is 52211 and its SIC code is 6022.