LCNB National Bank
LCNB National Bank is an Ohio-based community bank (founded 1877, NASDAQ: LCNB) providing personal, commercial, agricultural, and wealth management banking services through 35+ branches across the Cincinnati, Dayton, and Columbus regions, with investment services via LPL Financial.
- Company typePublic
- Founded1877
- HeadquartersLebanon, United States
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What LCNB National Bank does
LCNB National Bank, founded in 1877 and headquartered in Lebanon, Ohio, is a community bank and wholly-owned subsidiary of publicly traded LCNB Corp. (NASDAQ: LCNB). The bank operates 35+ branch locations across the Cincinnati, Dayton, and Columbus regions of Ohio (spanning Warren, Butler, Clermont, Ross, Hamilton, Franklin, Fayette, Clinton, Montgomery, and Preble counties) and serves individual consumers, small-to-mid-size businesses, agricultural operations, and wealth-management clients. Its product suite spans personal deposit and loan products (Kasasa Cash and Saver, Simply Checking, CDs, mortgages, home equity, consumer loans), commercial banking (commercial real estate, construction loans, business lines of credit, equipment financing, agricultural lending), treasury management (ACH origination, wire, lockbox, positive pay, remote deposit capture), merchant services (via Celero Commerce / Clover POS), and investment and trust services delivered through a long-standing partnership with LPL Financial plus an in-house LCNB Wealth trust department.
Underpinning the platform is a Banno-powered digital banking experience with iOS and Android mobile apps, online account opening, Zelle P2P payments, and Autobooks invoicing — but the core go-to-market remains physical branch-led relationship banking supported by ~40 named loan officers, mortgage loan officers, regional sales & relationship managers, and dedicated ag/commercial/wealth specialists in each region. Revenue is generated through traditional net interest income on loans and deposits, fee income from treasury management, merchant services, and wealth/investment advisory services routed through LCNB Investment Services and LCNB Wealth subsidiaries.
LCNB National Bank firmographics
Firmographics- Name
- LCNB National Bank
- Legal name
- LCNB National Bank
- Website
- https://lcnb.com
- Company type
- Public
- Founded year
- 1877
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- LCNB National Bank is an Ohio-based community bank (founded 1877, NASDAQ: LCNB) providing personal, commercial, agricultural, and wealth management banking services through 35+ branches across the Cincinnati, Dayton, and Columbus regions, with investment services via LPL Financial.
- Ownership category
- akta.pro rank
LCNB National Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (522110), Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- National Commercial Banks (6021)
- akta.pro primary industry
- Onshore Private Banking (Domestic HNW/UHNW) (FSAAABAA)
- akta.pro secondary industry
- Real Estate (Commercial Property, REITs) (FSABACAH)
Keywords
Where LCNB National Bank is headquartered
LocationHeadquarters
- HQ city
- Lebanon
- HQ country
- United States
- HQ region
- North America
Offices34 records
Markets served
LCNB National 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, Others
Revenue model
- Interest Income: Traditional banking interest income from lending activities including mortgages, commercial loans, consumer loans, and agricultural lending
- Investment Services: Securities and advisory services offered through LPL Financial partnership including stocks, mutual funds, annuities, bonds, IRAs, 401(k)s, and insurance products
- Trust Services: Fiduciary services including personal portfolio management, estate settlement administration, endowment and charitable trust management
- Commercial Banking Fees: Business checking, commercial real estate loans, construction loans, business lines of credit, equipment financing
- Treasury Management: Cash management services including ACH origination, wire transfers, lockbox, merchant services
- Deposit Products: Personal and business deposit accounts including checking, savings, CDs, money market accounts
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Brokered CD - 12 Month ($100,000 minimum) |
| Other | Pay-as-you-go | Brokered CD - 2 Year ($25,000 minimum) |
| Other | Pay-as-you-go | Brokered CD - 3 Year ($20,000 minimum) |
| Other | Pay-as-you-go | Brokered CD - 4 Year ($20,000 minimum) |
| Other | Pay-as-you-go | Brokered CD - 5 Year ($10,000 minimum) |
Go-to-market motion1 record
Distribution channels7 records
Marketing channels7 records
LCNB National Bank product offering
Product offeringCore offering
LCNB National Bank is an Ohio-based community bank providing personal banking (checking, savings, CDs, mortgages, consumer loans), commercial banking (commercial real estate, construction loans, business lines of credit, equipment financing, agricultural lending), treasury management, merchant services, and wealth management through its LCNB Investment Services division (powered by LPL Financial) and LCNB Wealth trust services. Operations are delivered through a 35+ branch network across Cincinnati, Dayton, and Columbus regions supplemented by online and mobile banking.
Product overview
LCNB National Bank offers a comprehensive community banking platform with personal and commercial banking products, investment services through LPL Financial partnership, and trust services. The personal banking suite includes multiple checking account variants (Simply Checking, Kasasa Cash, Kasasa Cash Back, Student Checking, Second Chance Checking), savings products (Certificates of Deposit, Kasasa Saver, Statement Savings, Money Market), credit cards, and loan products (mortgages, home equity, consumer loans). The business banking division provides various commercial checking accounts, commercial real estate and construction loans, business equipment financing, agricultural lending, and cash management tools including treasury management, merchant services, and Autobooks integration. The investment services division (LCNB Investment Services) offers stocks, mutual funds, UITs, annuities, bonds, brokered CDs, and 529 plans through the LPL Financial platform, while LCNB Wealth provides trust services, portfolio management, estate settlement, and charitable trust management. The product architecture follows a unified banking platform model with specialized divisions for investment and wealth management services.
Differentiator
Problem solved
Functional benefit
Brands
- LCNB Investment Services: Securities and advisory services offered through LPL Financial, providing investment management, retirement planning, insurance, and wealth transfer services.
- LCNB Wealth
Products and services
- Personal Checking Accounts Suite of personal checking account options including LCNB Simply Checking, Kasasa Cash, Kasasa Cash Back, Student Checking, and Second Chance Checking for individual consumer banking needs.
- Personal Savings Products Personal savings offerings including Kasasa Saver, Statement Savings, Money Market, Certificates of Deposit (CDs), Ohio Homebuyer Plus, UTMA Savings, and Club Accounts.
- Mortgage and Refinancing Home purchase and refinancing mortgage loan products with various term options offered to individual consumers and managed by dedicated Mortgage Loan Officers across Ohio branches.
- Home Equity Lines and Loans Credit lines and loans secured by home equity for personal borrowing needs.
- Consumer Loans Car, RV, and personal loans for individual borrowers subject to credit approval.
- Business Checking Accounts Small Business Checking, Corporate Checking, Interest Business Checking, Non-Profit Checking, and Non-Profit Limited Checking accounts tailored for businesses.
- Business Savings Products Business Savings and Business Money Market accounts for commercial deposit needs.
- Commercial Real Estate Loans Financing for commercial property acquisition, development, and refinancing for business customers.
- Commercial Construction Loans Construction financing for commercial projects with single-close option.
- Business Lines of Credit Revolving credit facility for business operational needs and flexibility.
- Business Equipment Financing Financing solutions for business equipment purchases with flexible terms.
- Agricultural Lending Specialized lending for agricultural operations including agricultural real estate, operating loans, and equipment loans.
- Treasury Management Cash management tools including ACH origination, wire transfers, lockbox services, positive pay, remote deposit capture, and commercial deposits for business customers.
- Merchant Services Payment processing solutions via Celero Commerce partnership, including Clover POS systems, virtual terminals, online payments, and acceptance of credit cards, debit cards, Apple Pay, Google Pay, and contactless EMV payments.
- LCNB Investment Services Investment services powered by LPL Financial offering stocks, mutual funds, UITs, annuities, bonds, brokered CDs, 529 plans, and IRA accounts.
- Guided Wealth Portfolio Online portfolio management service combining algorithmic investment recommendations with advisor support through the LPL Financial platform.
- Insurance Products Life insurance, disability insurance, long-term care insurance, and annuities offered through LPL Financial for income replacement, estate planning, and retirement protection.
- LCNB Wealth Trust Services Fiduciary services including personal portfolio management, estate settlement administration, endowment and charitable trust management, trustee services, and IRA administration through the LCNB Trust Department.
- Retirement Plans Individual Retirement Accounts (Traditional and Roth IRAs) and employer-sponsored 401(k) plans including Standard 401(k), Simple 401(k), 403(b), and Solo 401(k) options.
- Wealth Transfer Services Estate planning services designed to transfer wealth to next generations while minimizing tax burden.
Quantifiable outcome
- 18.57% positive net margins vs industry peers with negative margins
- +1 more outcomes
Companies that use LCNB National Bank
Customer profileNamed customers14 records
Segments4 records
Ideal customer profiles4 records
LCNB National Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature6 records
LCNB National Bank partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- LPL FinancialcoreInvestment services partnership providing securities and advisory services through LPL Financial registered representatives. LPL is a registered investment advisor and broker-dealer (member FINRA/SIPC). LCNB Investment Services referrals are made pursuant to an agreement where LPL pays the financial institution for referrals, creating a conflict of interest disclosed on the website. Services include stocks, mutual funds, annuities, bonds, IRAs, 401(k)s, 529 plans, and insurance products.
- Celero CommercecoreMerchant services partnership providing payment processing technology including Clover POS systems, virtual terminals, online payment processing, mobile payments, and 24/7 customer support. Enables businesses to accept credit/debit cards, Apple Pay, Google Pay, and contactless EMV payments.
- MastercardcorePayment network partnership powering debit and credit card transactions. Cards are FDIC-insured and backed by the full faith and credit of the U.S. Government.
- FinCEN (Beneficial Ownership Reporting)minorCompliance partnership for Corporate Transparency Act beneficial ownership information reporting requirements effective January 1, 2024. LCNB assists business customers in understanding and complying with FinCEN reporting requirements.
Scale indicators7 records
Recent moves7 records
Expansion highlights6 records
LCNB National Bank competitors and assessment
Company assessmentBroad incumbents
- Fifth Third Bank: Large regional bank headquartered in Cincinnati, Ohio with extensive Ohio branch network offering commercial, retail, and wealth management services. Directly competes with LCNB across multiple Ohio markets with significantly greater scale and product breadth.
- Huntington Bancshares: Major Ohio-based regional bank with full-service commercial, retail, and wealth management offerings across Ohio markets including Cincinnati, Dayton, and Columbus. Competes directly with LCNB in same geographic footprint with substantially larger scale.
- Heartland Financial USA: Multi-state community banking franchise operating across the Midwest, West, and Southwest. Comparable to LCNB in community banking philosophy but operates at significantly greater scale across multiple states.
Direct peers
- First Financial Bancorp: Ohio-based community bank with similar size and business model providing commercial and retail banking services across Ohio and Indiana markets. Highly comparable to LCNB in scale, geographic focus, and product offerings.
- Park National Corp: Ohio-headquartered community bank holding company operating across Ohio and surrounding states with community banking model similar to LCNB. Comparable in scale, customer segments, and branch-based relationship banking approach.
- Peoples Bancorp: Ohio-based community bank holding company serving Ohio, West Virginia, and Kentucky markets with commercial and retail banking services. Similar size and operating model to LCNB with overlapping geographic footprint.
- Civista Bancshares: Ohio-based community bank holding company with similar scale and business model serving Ohio and Indiana markets. Highly comparable in customer segments, product offerings, and community banking approach.
- Independent Bank Corp: Massachusetts-based community bank holding company with similar size and community banking focus. Comparable in scale, business model, and customer segments despite different geographic market.
- WesBanco: West Virginia-based community bank holding company with branches across Ohio, Pennsylvania, and West Virginia. Comparable to LCNB in scale, community banking model, and product offerings with geographic overlap in Ohio markets.
Regional players
- S&T Bancorp: Pennsylvania-based community bank with similar size and community banking model. While operating in different geography, comparable in scale, product mix, and customer segments to LCNB.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
LCNB National Bank social profiles
Digital presenceLCNB National Bank compliance and trust
Trust signalCompliance5 records
LCNB National Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
LCNB National Bank leadership team
Management profileNumber of profiles
Profiles20 records
LCNB National Bank subsidiaries and ownership
Company hierarchySubsidiaries3 records
LCNB National Bank funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LCNB National Bank M&A and investment
M&A and investmentM&A5 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about LCNB National Bank
What does LCNB National Bank do?
LCNB National Bank is an Ohio-based community bank providing personal banking (checking, savings, CDs, mortgages, consumer loans), commercial banking (commercial real estate, construction loans, business lines of credit, equipment financing, agricultural lending), treasury management, merchant services, and wealth management through its LCNB Investment Services division (powered by LPL Financial) and LCNB Wealth trust services. Operations are delivered through a 35+ branch network across Cincinnati, Dayton, and Columbus regions supplemented by online and mobile banking.
Is LCNB National Bank a public or private company?
LCNB National Bank is a public company. It is classified as public and is currently operating.
When was LCNB National Bank founded?
LCNB National Bank was founded in 1877. It employs 251 to 500 people.
Where is LCNB National Bank based?
LCNB National Bank is headquartered in Lebanon, United States, in the North America region.
How does LCNB National Bank make money?
Six revenue lines are on record. Interest Income is the primary driver. The others are investment Services, trust Services, commercial Banking Fees, treasury Management and deposit Products.
Who are LCNB National Bank's main competitors?
Broad incumbents on record are Fifth Third Bank, Huntington Bancshares and Heartland Financial USA. Direct peers are First Financial Bancorp, Park National Corp, Peoples Bancorp, Civista Bancshares, Independent Bank Corp and WesBanco. S&T Bancorp is listed as a regional player.
Does LCNB National Bank have an API?
No public API is recorded for LCNB National Bank.
What industry is LCNB National Bank in?
LCNB National Bank's product category is Community Banking. Its primary akta.pro industry code is FSAAABAA, Onshore Private Banking (Domestic HNW/UHNW), with a secondary code of FSABACAH, Real Estate (Commercial Property, REITs). Its NAICS code is 522110 and its SIC code is 6021.