Currency Bank

What Currency Bank does

Currency Bank is a privately held, FDIC-insured community bank founded in 1999, headquartered in Baton Rouge, Louisiana, and operating three physical branches across the state in Baton Rouge, Oak Grove, and Kaplan. The bank serves personal, business, non-profit, and agri-business customers across Louisiana and Arkansas, with a particular specialization in agricultural financing that traces back to its founding mission. Its product portfolio spans deposit products (checking, savings, money market, Christmas Club, business savings, non-profit checking) and lending products (personal loans, business loans, commercial real estate loans, agri-business loans). Revenue is generated primarily through net interest income on lending activity, deposit account service charges and minimum-balance fees, business cash management fees (ACH, wires, remote deposit capture, positive pay, sweep services), and money market withdrawal and balance fees. Pricing follows a unit-pricing model with minimum opening deposits, minimum balance thresholds, and tiered fee structures by account type.

The bank operates a "High Tech, High Touch" service model combining personal relationship-based banking with a conventional digital banking stack. Technology capabilities include an online banking portal, iOS and Android mobile apps with mobile deposit, the SecurLOCK card management app, Zelle person-to-person payments, 24/7 telephone banking, remote deposit capture, and eStatements. Digital service extension is achieved through integrations with MoneyPass (37,000+ surcharge-free ATMs), Texas Independent Bank (credit card issuance), and AFG/Agri-Finance Group (specialized agricultural lending products). Customer acquisition relies primarily on community presence, branch relationships, customer testimonials (particularly from agri-business clients), and word-of-mouth referrals rather than digital marketing. No AI/ML capabilities, funding activity, acquisitions, or non-organic growth signals are disclosed in available materials.

Name

Currency Bank

Legal name

Currency Bank

Website

https://currency.bank

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

Currency Bank is a privately held, FDIC-insured community bank founded in 1999 operating three branches in Louisiana and serving personal, business, non-profit, and agri-business customers across Louisiana and Arkansas with a specialization in agricultural lending.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

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

Agricultural & Rural Development Banks (FSABAKAE), Credit Cards & Revolving Credit (FSABAAAC)

Keywords

• Community banking services
• Agricultural lending
• Deposit accounts
• Business cash management
• Commercial real estate loans

Headquarters

HQ city

Eudora

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Lending: Traditional bank revenue from interest earned on loans including personal loans (automobile, recreational vehicles, boats), business loans, real estate loans, and agri-business loans
2. Deposit Account Fees: Monthly service charges on accounts when minimum balance requirements are not met, tiered by account type
3. Business Cash Management Services: Fees for ACH origination, wire services, remote deposit capture, positive pay, and sweep services for business clients
4. Money Market Account Fees: Monthly service charges and withdrawal fees on money market accounts when balance thresholds are not maintained

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

Currency Bank is a Louisiana-based community bank that provides deposit products (checking, savings, money market accounts) and lending products (personal, business, real estate, and agricultural loans) to individuals, businesses, and farming operations across Louisiana and Arkansas. Banking services are delivered through three physical branch locations (Baton Rouge, Oak Grove, Kaplan) supplemented by online banking, mobile apps, Zelle, and a 37,000+ ATM MoneyPass network.

Product overview

Currency Bank is a regional community bank operating across Louisiana and Arkansas with a unified banking platform offering personal, business, and agri-business financial services. The product portfolio includes traditional deposit products (checking, savings, money market accounts) and lending products (personal loans, business loans, real estate loans, agricultural financing). Digital banking services are delivered through online banking, mobile banking apps, Zelle payments, SecurLOCK card management, and telephone banking. Credit card products are offered through a partnership with Texas Independent Bank. The bank emphasizes its 'High Tech, High Touch' approach combining proven technology with personalized customer service, serving customers across three physical branch locations in Baton Rouge, Oak Grove, and Kaplan, Louisiana.

Differentiator

Problem solved

Functional benefit

Products and services

• eAccess Checking Electronic-focused personal checking account with no monthly fees, no minimum balance, unlimited transactions, free MasterCard debit card, and free online/mobile banking with bill pay; designed for customers who prefer digital banking.
• Currency Checking Traditional personal checking account combining modern technology with conventional banking services, featuring unlimited check writing with balance-based fee structure.
• Prestige Senior Checking Checking account designed for customers age 55+, offering unlimited check writing and complimentary features including one free order of basic checks per year.
• Currency NOW Checking Interest-bearing personal checking account with no monthly fee if average balance exceeds $2,500 and interest eligibility for balances of $2,500 or more.
• Currency Savings Personal savings account with $100 minimum deposit to open, competitive interest rates paid quarterly on balances of $250 or greater, limited to two free withdrawals per month.
• Christmas Club Savings account designed for holiday spending, requiring $25 to open with automatic transfers from another Currency Bank account in October.
• Personal Money Market Tiered interest-bearing personal account with $2,500 minimum to open, unlimited deposits, six free withdrawals per month, and tiered rate structure spanning from $2,500 to $1,000,000+.
• Personal Loans Flexible personal lending options including automobile loans, recreational vehicle and boat loans, CD secured loans, brokerage secured loans, and unsecured loans and lines of credit.
• Credit Cards Consumer and business credit cards offered through partnership with Texas Independent Bank, featuring bonus rewards, interest savings options, and cards for first-time applicants.
• Essential Checking Basic business checking account designed for businesses with lower transaction volumes, including free online banking with bill payment, with per-item charges exceeding 200 transactions.
• Business Checking Full-service business checking with $1,000 minimum deposit, no maintenance fee above $5,000 average balance, and per-item charges exceeding 300 transactions.
• Non-Profit Checking No-fee checking account for non-profit organizations with no minimum balance requirement and free first order of basic checks.
• Business Savings Business savings account requiring $250 to open, with no monthly fee if average balance exceeds $500 and quarterly interest payments on qualifying balances.
• Business Money Market Business money market account with $5,000 average balance requirement to waive monthly fee, tiered interest structure, and competitive rates on higher balances.
• Business Loans Commercial lending products including working capital lines of credit, business acquisition financing, and equipment financing tailored to business needs.
• Business Real Estate Loans Real estate financing for office, warehouse, industrial, retail, student housing, 1-4 family, multi-family, senior housing, and hospitality sectors, including owner-occupied, investment, construction, and permanent financing.
• Agri-Business Loans Agricultural financing including crop production loans, inventory lines of credit, farm machinery and equipment financing, and farm real estate loans serving Louisiana and Arkansas.
• Agri-Finance Loans Specialized agricultural lending through AFG partnership offering producer financing, operating and inventory lines of credit, machinery and equipment financing, and real estate loans with competitive rates and flexible terms.
• Online Banking Web-based portal for managing account balances, initiating transfers, enrolling in eStatements, with customer support available at 855-880-2832.
• Mobile Banking Mobile application for iOS and Android providing account management, mobile deposit, and banking services with 24/7 accessibility.
• Zelle Person-to-person payment service enabling users to send and receive money directly between bank accounts.
• SecurLOCK Equip Mobile application for managing Currency Bank MasterCard Debit Card, providing transaction alerts, spending controls, and card security features.
• Telephone Banking 24/7 automated telephone banking service accessible at 877-510-5556.
• Cash Management Services Business banking services including ACH origination, wire services, remote deposit capture, sweep services, and Positive Pay fraud protection.
• Remote Deposit Capture Electronic check deposit service allowing business customers to deposit checks remotely via online or mobile banking.

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• MoneyPasscoreTechnology or IntegrationCurrency Bank partners with MoneyPass to provide customers surcharge-free access to any MoneyPass ATM nationwide. Customers can use their Currency Bank MasterCard ATM/Debit Card at any of the 37,000+ MoneyPass ATMs without paying a surcharge.
• Texas Independent BankcoreChannel Partner/ Reseller/ DistributorCurrency Bank offers consumer and business credit cards through Texas Independent Bank, a secure specialty partner company. Texas Independent Bank provides credit card services including bonus rewards, interest savings options, and first-time applicant support for Currency Bank customers.
• AFG (Agri-Finance Group)coreStrategic or Co-development PartnerAFG provides specialized agri-business lending services including Producer Financing, Operating and Inventory Lines of Credit, Machinery and Equipment Financing, and Real Estate Loans for agri-business borrowers. AFG offers competitive rates and flexible repayment terms customized for each agri-business client.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Origin Bank: Louisiana-headquartered regional bank with broader multi-state footprint (LA, MS, AL, TX). Offers similar deposit and lending products at larger scale, serving overlapping SMB and consumer segments.
• Cadence Bank: Large regional bank with significant presence across the Mid-South including Louisiana, Arkansas, and Texas. Competes for business and consumer banking relationships with broader product suite and digital capabilities.

Direct peers

• Investar Bank: Louisiana community bank headquartered in Baton Rouge offering personal and business banking, lending, and digital services. Direct geographic overlap in Baton Rouge market with comparable product mix.
• Progressive Bank: Louisiana community bank serving north and central Louisiana with deposit accounts, lending, and digital banking. Competes in similar SMB and consumer segments within the state.
• b1BANK: Louisiana-based community bank providing business and personal banking with emphasis on relationship lending. Closely comparable to Currency Bank in size, geography, and service orientation.
• AgHeritage Farm Credit Services: Arkansas-based Farm Credit System lender specializing in agricultural financing including crop, equipment, and farm real estate loans. Direct competitor for Currency Bank's agri-business lending segment in Arkansas.
• Home Bank: Louisiana-based community bank with personal, business, and mortgage lending across multiple Louisiana markets. Competes with Currency Bank for relationship-based SMB and consumer banking customers.
• First Guaranty Bank: Louisiana-based community bank operating across the state with personal, business, and commercial lending services. Direct competitor serving similar SMB and consumer customers in overlapping Louisiana geographies.
• Sabine State Bank: Louisiana state-chartered community bank with multiple branches in northwestern and central Louisiana. Comparable in branch footprint, deposit products, and small-business lending focus.
• Farmers Bank & Trust: Arkansas-based community bank with strong agricultural lending heritage. Overlaps with Currency Bank's agri-business lending franchise and shared Arkansas service territory.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/_currencybank
• Facebookfacebook.com/Currency-Bank-100072083924393
• LinkedInlinkedin.com/company/currency-bank

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

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 Currency Bank