BankOnIT
BankOnIT provides managed IT, cloud infrastructure, and cybersecurity services to community banks and credit unions across the US. Founded in 2003 in Oklahoma City, the company merged with UFS in October 2025 and rebranded as Navanta in March 2026.
- Company typePrivate
- Founded2003
- HeadquartersOklahoma City, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What BankOnIT does
BankOnITUSA, LLC is a privately held managed IT services provider founded in 2003 and headquartered in Oklahoma City, focused exclusively on community financial institutions in the United States. The company delivers a unified technology platform centered on its proprietary Bankers Private Cloud infrastructure, complemented by the BankOnIT Managed Network (BMN) for AI/ML-optimized data and voice routing, hardened 24/7/365 data centers in geographically separate U.S. locations, and continuous cybersecurity monitoring with thousands of daily vulnerability scans. Service offerings are organized around three solution areas: Gain Competitive Advantage, Achieve Operational Efficiency, and Reduce Risk.
The company serves community banks and credit unions of varying sizes, with particular emphasis on institutions approaching $1B in assets, as evidenced by the "Billion $ Playbook" content asset. Revenue is generated primarily through recurring managed IT subscriptions and professional services for implementation, audit support, and regulatory examination guidance; pricing is quote-based with references to a "flat pricing model" and is not publicly disclosed. The go-to-market is enterprise field sales, supported by content marketing, client case studies, and a direct sales line.
In October 2025, BankOnIT announced a merger with UFS to form a unified organization serving community banks, and in March 2026 the combined entity rebranded as Navanta. Operating geographies include Oklahoma, West Virginia, Michigan, Ohio, Colorado, and additional states served through remote managed services. Reference clients include Integrity Bank & Trust, Watermark Bank, Commercial National Bank of Texarkana, First National Bank of Oklahoma (a nearly 20-year relationship), Lisle Savings Bank, Bank of Prairie Village, and Central Valley Community Bank.
BankOnIT firmographics
Firmographics- Name
- BankOnIT
- Legal name
- BankOnITUSA, LLC
- Website
- https://bankonitusa.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- BankOnIT provides managed IT, cloud infrastructure, and cybersecurity services to community banks and credit unions across the US. Founded in 2003 in Oklahoma City, the company merged with UFS in October 2025 and rebranded as Navanta in March 2026.
- Ownership category
- akta.pro rank
BankOnIT industry classification
Industry- Product category
- Community Banking Managed IT Services
- NAICS
- Depository Credit Intermediation (5221), Security Systems Services (except Locksmiths) (561621)
- SIC
- Functions Related To Depository Banking, Nec (6099)
- akta.pro primary industry
- Core Banking & Ledger Systems (Cloud Core, Deposits, Accounts) (FSAGAAAC)
Keywords
Where BankOnIT is headquartered
LocationHeadquarters
- HQ city
- Oklahoma City
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
BankOnIT business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales, Supply Chain
Revenue model
- Managed IT Services: Recurring managed services subscription providing comprehensive IT infrastructure, security, and support for community banks. Services include cloud computing, network management, cybersecurity monitoring, and 24/7/365 support.
- Professional Services: Implementation, audit support, regulatory exam support, and consulting services for financial institutions. Includes post-examination guidance and board/team member education.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Not publicly disclosed | Custom enterprise pricing based on bank size and service requirements |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
BankOnIT product offering
Product offeringCore offering
BankOnIT provides managed IT infrastructure and cybersecurity services to U.S. community banks and credit unions, anchored by its proprietary Bankers Private Cloud® platform and AI/ML-routed BankOnIT Managed Network (BMN). Offerings include 24/7/365 security monitoring, regulatory exam support, advisory services, and bundled solution areas covering competitive advantage, operational efficiency, and risk reduction.
Product overview
BankOnIT provides a unified technology platform for community financial institutions, combining their Bankers Private Cloud® as the core infrastructure with specialized solution areas including Gain Competitive Advantage, Achieve Operational Efficiency, and Reduce Risk. The Managed Network (BMN) module adds intelligent network routing capabilities using AI and machine learning. Together, these offerings provide integrated technology, security, and advisory services designed to help community banks operate reliably and securely.
Differentiator
Problem solved
Functional benefit
Products and services
- Bankers Private Cloud® Cloud computing infrastructure designed specifically for banking institutions, providing secure and reliable hosting services with 24/7/365 support, hardened data centers, and 99.9%+ monitored uptime for community banks and credit unions.
- BankOnIT Managed Network (BMN) AI and machine learning-powered network routing service that selects optimal paths based on latency, packet loss, and real-time metrics, with DDoS attack protection and physical redundancy through multiple connectivity points for community financial institutions.
- Managed IT Services for Community Banks Recurring managed services subscription providing comprehensive IT infrastructure, security, and support for community banks, including cloud computing, network management, cybersecurity monitoring, and 24/7/365 support.
- Audit and Regulatory Exam Support Implementation, audit support, regulatory exam support, and consulting services for community financial institutions, including post-examination guidance and board/team member education aligned to FFIEC, FDICIA, BSA, OFAC and FinCEN requirements.
- 24/7/365 Cybersecurity Monitoring Continuous security monitoring service for community financial institutions, conducting thousands of vulnerability scans every day across hardened, geographically separate U.S. data centers providing redundancy.
Quantifiable outcome
- Regulatory exam improvements - clients report strong IT audit and regulatory results
- +2 more outcomes
Companies that use BankOnIT
Customer profileNamed customers6 records
Segments1 record
Ideal customer profiles1 record
BankOnIT technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
BankOnIT partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor and core.
- Oklahoma Department of CommerceminorBankOnIT received funding through the Oklahoma Innovation Expansion Program (OIEP). Funds used for job creation and server purchases to expand market share. Executive leadership met with Commerce team to discuss operations and funding utilization.
- FinCEN (Financial Crimes Enforcement Network)coreBankOnIT provides guidance and support to client banks regarding FinCEN advisories on ransomware payments and BSA compliance risks. Services help banks detect, prevent, and report suspicious transactions.
- OFAC (Office of Foreign Assets Control)coreBankOnIT advises client banks on OFAC sanctions risks associated with ransomware payments. Helps banks understand OFAC advisory requirements and compliance obligations.
- FFIEC (Federal Financial Institutions Examination Council)coreBankOnIT aligns its services with FFIEC Cybersecurity Resource Guide requirements. Client banks using BankOnIT's Bankers Private Cloud services already have required resources incorporated. Account managers review the guide with clients at IT Committee meetings.
Scale indicators6 records
Recent moves9 records
Expansion highlights5 records
BankOnIT competitors and assessment
Company assessmentDirect peers
- Jack Henry & Associates: Provides core banking, digital (Banno), and managed technology services explicitly targeted at community banks and credit unions. Closest scaled analog to BankOnIT's managed-IT + cloud + security bundle for the same customer vertical.
- Computer Services, Inc. (CSI): Delivers core banking, managed IT, and cybersecurity services to community banks and credit unions. Comparable product mix (managed IT + cloud + regulatory-aligned security) and overlapping customer profile with BankOnIT.
- Safe Systems: Specializes in IT compliance, managed security, and cloud services exclusively for community banks and credit unions. Direct niche competitor in the same regulatory-IT wedge that BankOnIT occupies.
Broad incumbents
- FIS: Global bank technology and processing giant serving institutions of all sizes. Overlaps with BankOnIT on core banking infrastructure, cloud, and security, but at much greater scale and as part of a broader portfolio.
- Fiserv: Major bank-tech incumbent offering core processing, digital banking, and merchant services. Competes for the same community bank wallet with bundled offerings, though BankOnIT's specialization is narrower and deeper.
- Finastra: Large global provider of core banking, lending, and treasury platforms to financial institutions. Adjacent competitor with overlapping technology capabilities but broader, less community-bank-specialized positioning.
- Temenos: Global banking software platform with cloud-native core and digital front-end products. Competes for community and mid-size bank modernization budgets alongside BankOnIT, particularly in core/cloud replacement cycles.
Emerging players
- Q2: Digital banking platform serving regional and community banks with online/mobile channels. Overlaps with BankOnIT on the community-bank customer set but focuses on the digital banking layer rather than IT infrastructure.
- Alkami Technology: Cloud-native digital banking and data platform for community and regional banks. Competes for the same end-client wallet on the digital experience side, complementing or substituting parts of BankOnIT's stack.
- nCino: Cloud banking platform focused on commercial, small business, and retail workflows for banks and credit unions. Increasingly relevant peer as community banks modernize core and channel systems where BankOnIT provides underlying infrastructure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
BankOnIT social profiles
Digital presenceBankOnIT financial estimates
Financial estimateRevenue estimate
Valuation estimate
BankOnIT leadership team
Management profileNumber of profiles
Profiles11 records
BankOnIT funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BankOnIT 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 BankOnIT
What does BankOnIT do?
BankOnIT provides managed IT infrastructure and cybersecurity services to U.S. community banks and credit unions, anchored by its proprietary Bankers Private Cloud® platform and AI/ML-routed BankOnIT Managed Network (BMN). Offerings include 24/7/365 security monitoring, regulatory exam support, advisory services, and bundled solution areas covering competitive advantage, operational efficiency, and risk reduction.
Is BankOnIT a public or private company?
BankOnIT is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was BankOnIT founded?
BankOnIT was founded in 2003. It employs 101 to 250 people.
Where is BankOnIT based?
BankOnIT is headquartered in Oklahoma City, United States, in the North America region.
How does BankOnIT make money?
Two revenue lines are on record. Managed IT Services are the primary driver. The others are professional Services.
Who are BankOnIT's main competitors?
Direct peers on record are Jack Henry & Associates, Computer Services, Inc. (CSI) and Safe Systems. Broad incumbents are FIS, Fiserv, Finastra and Temenos. Emerging players are Q2, Alkami Technology and nCino.
Does BankOnIT have an API?
No public API is recorded for BankOnIT.
What industry is BankOnIT in?
BankOnIT's product category is Community Banking Managed IT Services. Its primary akta.pro industry code is FSAGAAAC, Core Banking & Ledger Systems (Cloud Core, Deposits, Accounts). Its NAICS code is 5221 and its SIC code is 6099.