The First National Bank of Mount Dora

Community Bankingfnbmd.com

Company typePrivate
Founded1925
HeadquartersMount Dora, United States
Headcount101–250
GTM typeB2B and B2C
OfferingServices

The First National Bank of Mount Dora firmographics

Firmographics

Name: The First National Bank of Mount Dora
Legal name: First National Bank of Mount Dora
Website: https://fnbmd.com
Company type: Private
Founded year: 1925
Operating status: Operating
Headcount range: 101–250 employees
Ownership category
akta.pro rank

The First National Bank of Mount Dora industry classification

Industry

Product category: Community Banking
NAICS: Commercial Banking (52211), Portfolio Management and Investment Advice (523940)
SIC: National Commercial Banks (6021)
akta.pro primary industry: Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

Keywords

Community banking
Personal banking services
Business lending
Trust and wealth management
Estate planning services

Where The First National Bank of Mount Dora is headquartered

Location

Headquarters

HQ city: Mount Dora
HQ country: United States
HQ region: North America

Offices5 records

Markets served

The First National Bank of Mount Dora 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

Personal Banking Services: Checking accounts, savings accounts, debit cards, credit cards, mortgages, personal loans, and safe deposit boxes for individual customers. Revenue from account fees, interest margins, and card transaction fees.
Business Banking Services: Business checking, business loans, business savings, and business debit/credit cards for local businesses. Revenue from commercial lending interest, account fees, and card services.
Trust & Wealth Management: Investment management, estate planning, financial planning, asset allocation, and trust administration services through First Wealth & Trust division. Revenue from advisory fees and trust management charges.
Online Banking Services: Consumer Internet Banking with optional Bill Pay and Image Statements. Monthly service fees for various service tiers.

Pricing tiers

Model	Billing	Price
Subscription	Monthly	Consumer Internet Banking with Bill Pay and Check Safekeeping
Subscription	Monthly	Consumer Internet Banking with Image Statements
Subscription	Monthly	Consumer Internet Banking with Bill Pay and Image Statements
Unit Pricing	Pay-as-you-go	Expedited Payments - Overnight Check
Unit Pricing	Pay-as-you-go	Immediate Electronic Payment
Transaction based/ take rate	Pay-as-you-go	External Transfers
Transaction based/ take rate	Pay-as-you-go	Stop Payments
Transaction based/ take rate	Pay-as-you-go	VISA Debit Card POS Transactions
Unit Pricing	Pay-as-you-go	Preauthorized Transfer Stop Payment

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

The First National Bank of Mount Dora product offering

Product offering

Core offering

The First National Bank of Mount Dora is a community bank delivering personal banking (checking, savings, mortgages, consumer loans, debit/credit cards, safe deposit), business banking (checking, loans, savings, debit/credit cards) and Trust & Wealth Management (investment management, estate planning, asset allocation, trust administration through First Wealth & Trust). Customers access the bank via four Florida branches, online banking, a mobile app, and the Client Point wealth portal. Deposits are FDIC-insured and lending decisions are made locally.

Product overview

The First National Bank of Mount Dora is a community bank offering a comprehensive suite of banking products across three core lines: Personal Banking (checking, savings, loans, credit/debit cards), Business Banking (checking, loans, savings), and Trust & Wealth Management. The bank provides digital banking through its Online Banking platform and Mobile Banking App, both powered by Banno, with a separate Client Point portal (via FIS Global) for wealth management clients. Core products include Bill Pay with standard and expedited options, plus specialized services such as estate planning, asset allocation, financial calculators, and the Chimes & Dimes wealth podcast. The First Wealth & Trust sub-brand serves Winter Garden and Clermont with advisory services.

Differentiator

Problem solved

Functional benefit

Brands

First Wealth & Trust: Trust and wealth management division serving Winter Garden and Clermont areas, offering investment management, estate planning, financial planning, and trust administration services.
Chimes & Dimes

Products and services

Personal Checking Personal checking accounts with mobile access, debit card, and online account management tools for individual consumers in Central Florida.
Savings and Investment Accounts Personal savings and investment account options for individuals to build and protect wealth, offered alongside personal checking.
Personal Loans Consumer lending products including auto loans and lines of credit for personal financing needs.
Mortgages Real estate lending for home purchases and refinancing with a personalized, locally decisioned approach.
Debit Cards VISA-branded debit cards for individual and business customers enabling point-of-sale purchases and ATM withdrawals, with daily transaction limits.
Credit Cards Credit card products available for both personal and business customers, accessed through FNBMD's consumer and business banking channels.
Safe Deposit Box Services Secure safe deposit boxes for individuals to store valuables and important documents at FNBMD branch locations.
Online Banking Internet banking platform (powered by Banno) for personal and business customers with account management, funds transfers, bill pay, and biometric login available 24/7.
Mobile Banking App iOS and Android mobile banking application (com.fnbmd.grip) for remote check deposit, money transfers, loan payments, Zelle peer-to-peer payments, and account management.
Business Checking Business checking accounts designed to support growth and day-to-day operations of small and mid-sized local businesses.
Business Savings Business savings accounts for local business owners to deposit and grow business funds.
Business Loans Commercial lending for acquisition, expansion, construction, and other business needs, with loan decisions made locally.
Trust & Wealth Management (First Wealth & Trust) Fiduciary investment management, estate planning, asset allocation, financial planning, and trust administration services delivered to high-net-worth individuals and families in Central Florida, primarily out of the Winter Garden office.
Estate Planning Estate planning services including estate tax reduction strategies, probate avoidance, charitable gifting, and business succession planning, offered under a fiduciary standard.
Asset Allocation Management Strategic asset allocation services that balance risk and reward based on individual client needs and risk tolerance, delivered through First Wealth & Trust advisors.
Client Point Wealth Portal Secure online portal (FIS Global TrustDesk) for Trust & Wealth Management clients to view account activity, retrieve statements, and access legal and investment documents.

Quantifiable outcome

Loan decisions made locally without bureaucratic delays
+1 more outcomes

Companies that use The First National Bank of Mount Dora

Customer profile

Segments3 records

Ideal customer profiles3 records

The First National Bank of Mount Dora technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Integration6 records

Feature3 records

The First National Bank of Mount Dora partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core.

Mount Dora Community TrustcoreStrategic or Co-development Partner · 1 January 1965The First National Bank of Mount Dora serves as Trustee for the Mount Dora Community Trust, which sets up and manages philanthropic funds designated to improve the local community. This decades-long relationship demonstrates the bank's commitment to community investment and trust administration expertise.
FIS (Fisglobal)coreTechnology or IntegrationFIS provides the Client Point platform for Trust & Wealth Management clients, enabling secure login and access to account management, statements, and investment documents. Bank NMLS # 543172.
FDIC (Federal Deposit Insurance Corporation)coreOthersFDIC insures deposits up to $250,000 per depositor. Bank is FDIC-Insured, backed by the full faith and credit of the U.S. Government.

Scale indicators7 records

Recent moves11 records

Expansion highlights5 records

The First National Bank of Mount Dora competitors and assessment

Company assessment

Direct peers

Seacoast Banking Corporation of Florida: Stuart, FL-headquartered community banking franchise operating across Florida with personal, business, and wealth management lines. Directly comparable as a Florida-domiciled community bank with similar three-pillar product set, although materially larger in asset base than FNBMD.
Citizens First Bank: The Villages, FL-based community bank serving Central Florida residents and businesses with personal banking, commercial lending, and wealth services. Closely comparable to FNBMD on geography (overlapping Central Florida footprint), product set, and community-bank positioning.
Crews Bank & Trust: Family-owned Florida community bank with branches in central Florida offering personal, business, and trust services. Comparable to FNBMD on independent local ownership, multi-generational operating history, and the inclusion of a trust and wealth management division alongside traditional banking.
Cogent Bank: Orlando-headquartered Florida community bank serving SMBs and professionals with commercial lending, treasury, and personal banking. Comparable to FNBMD in Central Florida geography and SMB-focused commercial lending value proposition, though larger and more commercially focused.
Bank of Central Florida: Lakeland, FL-based community bank providing personal and business banking services across Central Florida. Directly comparable to FNBMD on geographic focus (Central Florida), community-bank positioning, and SMB commercial lending emphasis.
First Bank (Florida): Florida-based community bank offering personal, business, and mortgage lending. Comparable to FNBMD on community-bank positioning, Florida footprint, and SMB lending focus, though operating at a larger scale.

Broad incumbents

SouthState Corporation: Large Florida-headquartered regional bank offering full-service personal, business, and wealth management. Comparable to FNBMD on product set and Florida footprint but operates as a much larger incumbent competitor rather than a community-bank peer.

Others

Raymond James Financial: St. Petersburg, FL-headquartered diversified financial services firm with significant wealth management, investment banking, and asset management segments. Adjacent comparable for FNBMD's First Wealth & Trust division given overlapping trust and investment advisory services for Florida HNW clients.

Market position

Strengths5 records

Weaknesses3 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

The First National Bank of Mount Dora financial estimates

Financial estimate

Revenue estimate

Valuation estimate

The First National Bank of Mount Dora leadership team

Management profile

Number of profiles

Profiles1 record

The First National Bank of Mount Dora subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

The First National Bank of Mount Dora funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

The First National Bank of Mount Dora M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The First National Bank of Mount Dora

What does The First National Bank of Mount Dora do?

Is The First National Bank of Mount Dora a public or private company?

The First National Bank of Mount Dora is a private company. It is classified as management employee owned and is currently operating.

When was The First National Bank of Mount Dora founded?

The First National Bank of Mount Dora was founded in 1925. It employs 101 to 250 people.

Where is The First National Bank of Mount Dora based?

The First National Bank of Mount Dora is headquartered in Mount Dora, United States, in the North America region.

How does The First National Bank of Mount Dora make money?

Four revenue lines are on record. Personal Banking Services are the primary driver. The others are business Banking Services, trust & Wealth Management and online Banking Services.

Who are The First National Bank of Mount Dora's main competitors?

Direct peers on record are Seacoast Banking Corporation of Florida, Citizens First Bank, Crews Bank & Trust, Cogent Bank, Bank of Central Florida and First Bank (Florida). SouthState Corporation is listed as a broad incumbent. Raymond James Financial is listed as an others.

Does The First National Bank of Mount Dora have an API?

No public API is recorded for The First National Bank of Mount Dora.

What industry is The First National Bank of Mount Dora in?

The First National Bank of Mount Dora's product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 52211 and its SIC code is 6021.