Axiom Bank

What Axiom Bank does

Axiom Bank, N.A. is a nationally chartered community bank headquartered in Orlando, Florida, with $736M in total assets and 7 branches across Central Florida (Orlando, Winter Garden, St. Cloud, Winter Haven, Palmetto, Winter Park, and Port Orange). Founded in 1963 as Washington Shores Federal Savings and Loan Association — the first black-owned thrift in Florida — the bank operated under several names before becoming Axiom Bank in 2014 and converting to a National Charter (N.A.) in 2017. It serves three customer segments: Consumer and Retail Banking (checking, savings, CDs/IRAs, mobile banking, debit cards), Small Business Banking (business checking/savings, InsuredSafe deposit sweep), and Middle Market and Commercial Banking (commercial lending, equipment financing, National Specialty Lending focused on digital infrastructure such as fiber, towers, data centers, and broadband, plus treasury management and commercial deposits). A fourth revenue stream runs through the Branded Financial Services division, which offers Banking-as-a-Service (BaaS) prepaid card sponsorship, BIN sponsorship with tier-two approval capability, and payment processing to fintech partners via Mastercard, Visa, Plus, NYCE, and MoneyPass networks. Axiom Commercial Finance, an internal division originating from the 2018 acquisition of Allied Affiliated Funding, provides asset-based lending, factoring, and equipment finance to SMBs.

The bank's technology stack includes a mobile banking app (iOS and Android) with mobile deposit, P2P payments, bill pay, and Apple Pay/Google Pay integration; the My $ Manager personal financial management tool with fraud detection, budgeting, and QuickBooks export; and end-to-end business loan originations powered by Enable Technologies launched in June 2026. Distribution combines the 7-branch Florida footprint, online and mobile banking, the 55,000+ ATM Allpoint network, and the BaaS partner channel. Revenue is generated through four streams: net interest income from lending and deposit spreads, transaction fees from BaaS programs, deposit and account fees, and commercial banking services including treasury management.

Recent corporate actions include resolution of an OCC Formal Agreement effective April 29, 2026 (originally issued October 3, 2024) following ~18 months of remediation; a June 2026 FedFis recognition as one of the Southeast's Most Innovative Banks; and a reconstituted executive team and board, including a retired OCC Chief National Bank Examiner. The bank is privately held with no identified PE, VC, or public ownership.

Name

Axiom Bank

Legal name

Axiom Bank, N.A.

Website

https://axiombanking.com

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

101–250 employees

Short description

A nationally chartered community bank headquartered in Orlando, Florida with $736M in assets and 7 branches across Central Florida. It serves consumers, small businesses, and middle-market companies through retail banking, commercial and digital infrastructure lending, and Banking-as-a-Service partnerships.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (522110), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE)

akta.pro secondary industries

Embedded Lending & Credit (POS, Working Capital, Credit Lines) (FSAGALAD), Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK)

Keywords

• Community banking services
• Commercial lending solutions
• Small business banking
• Banking as a service
• Digital infrastructure financing

Headquarters

HQ city

Orlando

HQ country

United States

HQ region

North America

Offices7 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. Net Interest Income: Traditional banking revenue generated from the spread between interest earned on loans (commercial lending, consumer loans, equipment financing, specialty lending) and interest paid on deposits (checking, savings, CDs, money market accounts)
2. Banking as a Service / Branded Financial Services: Fee income from prepaid card program sponsorship, BIN sponsorship, and payment processing services provided to fintech partners and businesses through the Branded Financial Services division
3. Deposit and Account Fees: Monthly service charges, overdraft fees, debit card annual fees, and transactional item fees across personal and business checking, savings, and money market accounts
4. Commercial Banking Services: Revenue from commercial lending, treasury management services, equipment financing, and specialty lending services including digital infrastructure financing for fiber, towers, data centers, and broadband

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Axiom Bank, N.A. is a nationally chartered community bank offering consumer banking (checking, savings, CDs/IRAs, debit cards, mobile and online banking), small business banking (checking, savings, InsuredSafe deposit sweep), commercial and middle market banking (lending, equipment financing, treasury management, commercial deposits), National Specialty Lending for digital infrastructure (fiber, towers, data centers, broadband), and a Banking-as-a-Service platform (Branded Financial Services) providing prepaid card sponsorship and BIN sponsorship to fintech partners. The bank also operates Axiom Commercial Finance, an asset-based lending, factoring, and equipment finance division for small and medium-sized businesses.

Product overview

Axiom Bank is a diversified National Chartered Bank offering a comprehensive suite of banking products and services across three core segments: Consumer and Retail Banking, Partner Banking and Payments, and Middle Market Banking. The bank's Consumer and Retail Banking division provides personal checking, savings, CDs/IRAs through multiple delivery channels including mobile banking, online banking, and 7 Florida branch locations. Small Business Banking includes specialized checking, savings, and the InsuredSafe deposit sweep program for FDIC coverage optimization. Commercial Banking encompasses commercial lending, equipment financing, national specialty lending for digital infrastructure, treasury management, and commercial deposits. The Partner Banking and Payments division operates under the Branded Financial Services (BaaS) platform offering pre-paid card sponsorship and BIN sponsorship services. Axiom Commercial Finance, a subsidiary division, provides asset-based lending, factoring, and equipment finance solutions. The bank also provides digital services including mobile banking with P2P payments, My $ Manager personal finance tools, and mobile wallet integration with Apple Pay and Google Pay.

Differentiator

Problem solved

Functional benefit

Brands

• Axiom Commercial Finance: The Asset-Based Lending, Equipment Finance, and Factoring division of Axiom Bank that provides funding to small and medium-sized businesses by leveraging their assets such as accounts receivable, inventory, plant property and equipment.

Products and services

• Personal Checking

Quantifiable outcome

• Resolution of OCC Formal Agreement in just over 18 months
• +1 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

Feature4 records

Partnerships

Five partnerships are on record, tiered core.

• Enable TechnologiescoreTechnology or Integration · 1 June 2026Partnership to launch end-to-end business loan originations powered by Enable Technologies, enabling Axiom Bank to provide small business customers with faster, simpler loan processing with improved speed and simplicity.
• AllpointcoreTechnology or IntegrationATM network partnership providing Axiom Bank customers with fee-free access to 55,000+ ATMs worldwide through the Allpoint network.
• MastercardcoreTechnology or IntegrationPrincipal membership enabling BIN sponsorship and payment processing capabilities for prepaid card programs through the Branded Financial Services division.
• VisacoreTechnology or IntegrationPrincipal membership enabling BIN sponsorship and payment processing capabilities for prepaid card programs through the Branded Financial Services division.
• IntraFicoreTechnology or IntegrationIntraFi Cash Service (ICS) partnership enabling the InsuredSafe deposit sweep program, which distributes funds across multiple FDIC-insured banks to maintain coverage on large cash balances.

Scale indicators5 records

Recent moves12 records

Expansion highlights6 records

Regional players

• Bank of Central Florida: Florida-based community bank with consumer and commercial banking focus — a direct geographic competitor in Axiom's Central Florida deposit and lending market.

Direct peers

• Coastal Community Bank: Pacific Northwest community bank that operates a major BaaS / BranchServ division sponsoring fintech programs — directly comparable to Axiom's Branded Financial Services strategy and target partner profile.
• Piermont Bank: New York-based commercial bank with a technology-enabled BaaS franchise — comparable in its strategic emphasis on embedded banking partnerships and commercial lending verticals.
• Sutton Bank: A community bank of similar size that has built a significant Banking-as-a-Service franchise sponsoring prepaid, debit, and fintech programs — directly comparable to Axiom's Branded Financial Services division in business model and scale.
• Stride Bank: Oklahoma-based community bank known for BaaS partnerships and embedded finance sponsorship — closely analogous to Axiom's BaaS go-to-market and small-balance-sheet model.
• Live Oak Bank: Digital-first community bank specializing in niche verticals (originally SBA lending) — closely comparable in its emphasis on technology-driven specialty lending and small-business focus.
• Sunrise Banks: Minnesota-chartered community bank with a focused BaaS / fintech sponsorship division — comparable in scale, charter type, and three-segment consumer/BaaS/commercial structure to Axiom.

Broad incumbents

• Customers Bank: Mid-sized commercial bank with a notable BaaS / embedded finance franchise (BankMobile) — operates in the same space as Axiom but at a much larger scale and broader geographic footprint.
• First Foundation Bank: California-headquartered community bank offering consumer, business, and specialty lending services — comparable to Axiom in three-segment structure though materially larger in assets.
• The Bancorp Bank: Larger specialty bank known for prepaid card sponsorship and fintech banking services — a broader incumbent in the same BaaS category, though materially larger than Axiom.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/axiombank
• LinkedInlinkedin.com/company/axiom-bank

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments5 records

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

Frequently asked questions about Axiom Bank