NexTier Bank
NexTier Bank, N.A. is a privately held community bank founded in 1878, headquartered in Butler, Pennsylvania, operating 32+ branches across Pennsylvania, Ohio, and New York with roughly $2.7B in assets. It provides personal and business banking — checking, mortgages, commercial lending, treasury management, and merchant services — to consumers, SMBs, nonprofits, and veterans.
- Company typePrivate
- Founded1900
- HeadquartersKittanning, United States
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What NexTier Bank does
NexTier Bank, N.A. is a privately held community bank founded in 1878 and headquartered at the NexTier Center in Butler, Pennsylvania. As of early 2026, the bank operated 32 or more branches across Pennsylvania, Ohio, and New York, with combined assets of approximately $2.7 billion following the February 2024 merger with Mars Bancorp and a projected $3.1 billion-plus after the announced acquisition of Riverside Bank of Dublin (expected to close in Q3 2026). It is a subsidiary of the holding company NexTier, Inc., and is regulated as a national banking association (FDIC-insured, OCC-supervised).
The bank offers a full personal and business banking suite: personal checking (Free, Perfect Fit / BankOn-certified, Cash Back, Interest Plus), savings, money market, CDs, IRAs, mortgages up to 100% financing with no PMI, home equity and HELOC, consumer loans, and personal credit cards; and for businesses, free checking, interest-bearing business checking, the NexTier Connects nonprofit program, term loans, commercial real estate (up to 80% LTV), construction loans, lines of credit, letters of credit, municipal lending, treasury management (Cash Manager, Positive Pay, ACH Alerts, Merchant Capture, sweep, lockbox, zero balance, IntraFi CDARS/ICS), and merchant services via Clover (Fiserv). Digital delivery runs through online banking, the NexTier Mobile App, and the NexTier Business Mobile App, integrated with Zelle, Popmoney, Apple/Samsung/Google Pay, and Visa Purchase Alerts / CardBoss. Wealth management is offered through partnerships with LPL Financial and Stratos Wealth Partners.
Revenue is generated principally from net interest income on the loan portfolio (mortgages, commercial real estate, construction, consumer, home equity, business loans) supplemented by recurring deposit and account fees, per-item overdraft fees ($36/item, $144 daily maximum), treasury management service fees, merchant services revenue sharing through Clover, and affiliate/referral fees from LPL Financial investment products. The go-to-market is relationship-led via local branches and bankers, complemented by direct-to-consumer digital onboarding, community-engagement programs (#NexTierGivesBack, NexTier Connects), and the Veterans Benefits Banking Program partnership with the U.S. Department of Veterans Affairs and AMBA. The 251–500 employee base supports a low-density, high-touch community banking model.
NexTier Bank firmographics
Firmographics- Name
- NexTier Bank
- Legal name
- NexTier Bank, N.A.
- Website
- https://nextierbank.com
- Company type
- Private
- Founded year
- 1900
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- NexTier Bank, N.A. is a privately held community bank founded in 1878, headquartered in Butler, Pennsylvania, operating 32+ branches across Pennsylvania, Ohio, and New York with roughly $2.7B in assets. It provides personal and business banking — checking, mortgages, commercial lending, treasury management, and merchant services — to consumers, SMBs, nonprofits, and veterans.
- Ownership category
- akta.pro rank
NexTier Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211), Commercial Banking (522110)
- SIC
- National Commercial Banks (6021)
- akta.pro primary industry
- Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)
- akta.pro secondary industry
- Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI)
Keywords
Where NexTier Bank is headquartered
LocationHeadquarters
- HQ city
- Kittanning
- HQ country
- United States
- HQ region
- North America
Offices26 records
Markets served
NexTier Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others
Revenue model
- Interest Income: Primary revenue stream from interest earned on loans including mortgages, commercial real estate loans, construction loans, consumer loans, home equity loans, and business loans. The bank generates spread income between lending rates and deposit costs.
- Deposit and Account Fees: Monthly service charges on certain checking and savings accounts (e.g., $4 monthly on NexTier Connects Checking if balance requirements not met, $7 monthly on Business Alliance With Interest). Many accounts offer free checking with no monthly fees.
- Overdraft Fees: Fee of $36 each time the bank pays an overdraft item, with daily maximum of $144 or four overdraft paid item fees. Exception for items $36 or less.
- Investment Product Referrals: Revenue from securities and investment products offered through partnership with LPL Financial, where NexTier Bank receives referral or revenue sharing for investment products including retirement, college savings, and general investment services.
- Treasury Management Services: Fees for business treasury services including account reconciliation, ACH services, Positive Pay, lockbox services, sweep accounts, zero balance accounts, and cash management.
- Merchant Services: Revenue sharing from Clover payment processing services offered to business customers for accepting card payments in-person, mobile, or online.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Free Checking - Basic personal checking account with no monthly fee |
| Subscription | Monthly | Cash Back Checking - Rewards checking with cash back on debit purchases |
| Subscription | Monthly | Interest Plus Checking - Interest-bearing checking with higher APY |
| One time/ perpetual license | Pay-as-you-go | 9 Month CD Special - Short-term certificate of deposit |
| One time/ perpetual license | Pay-as-you-go | 18 Month CD Special - Mid-term certificate of deposit |
| One time/ perpetual license | Pay-as-you-go | 38 Month CD Special - Long-term certificate of deposit |
| Subscription | Monthly | Free Business Checking - Basic business checking |
| Subscription | Monthly | NexTier Connects Checking - Checking for nonprofits |
| Subscription | Monthly | Business Alliance With Interest - Interest-bearing business checking |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels6 records
NexTier Bank product offering
Product offeringCore offering
NexTier Bank is a community bank operating 32+ branches across Pennsylvania, Ohio, and New York, offering personal banking products (checking, savings, CDs, IRAs, mortgages, consumer loans) and business banking products (business checking, commercial lending, treasury management, merchant services). The bank generates revenue primarily through net interest income on loans and deposits, complemented by service fees, overdraft fees, treasury management fees, and investment referral revenue sharing with LPL Financial.
Product overview
NexTier Bank is a community bank offering a comprehensive suite of personal and business banking products through a unified platform. Personal banking includes multiple checking account tiers (Free Checking, Perfect Fit, Cash Back, Interest Plus), savings options (Personal Savings, Money Market, Savings Club), Certificates of Deposit with special rate offerings, Traditional and Roth IRAs, mortgages and construction loans, home equity products, consumer loans, and personal credit cards. Business banking encompasses business checking accounts, commercial lending (term loans, commercial real estate, construction, lines of credit, letters of credit, municipal lending), Treasury Management Services (Cash Manager, Positive Pay, ACH Services, Merchant Capture, IntraFi), and Merchant Services through Clover. Digital banking is delivered via NexTier Mobile App and Online Banking with Bill Pay, Zelle, eStatements, and mobile wallet integration (Apple Pay, Samsung Pay, Google Pay). Wealth Management services are offered through partnership with LPL Financial. The bank also serves veterans through the Veterans Benefits Banking Program and non-profits through the NexTier Connects program.
Differentiator
Problem solved
Functional benefit
Brands
- NexTier Wealth Management: Wealth management and investment services offered in partnership with LPL Financial
- NexTier Connects
- Veterans Benefits Banking Program
Products and services
- Free Checking Basic personal checking account with no monthly fee and no minimum balance requirement. Includes free online banking, mobile banking, eStatements, telephone banking, and a NexTier Visa Debit Card with Overdraft Privilege up to $500.
- Perfect Fit Checking BankOn-certified checking account designed for unbanked and underbanked populations. Features no minimum balance, no monthly service charge, and Overdraft Privilege up to $500.
- NexTier Cash Back Checking Rewards checking account earning 2.5% cash back on debit card purchases up to $8 per statement cycle, with ATM refunds up to $15 per cycle. Requires monthly qualifications including 12 debit purchases and eStatement enrollment.
- NexTier Interest Plus Checking Interest-bearing checking earning 0.65% APY on balances up to $35,000 with qualifying activities. Includes ATM refunds up to $15 per cycle and Overdraft Privilege up to $1,000.
- Personal Savings Basic savings account providing secure, accessible storage for funds with competitive interest rates.
- Money Market Accounts Higher-yield savings option for customers maintaining higher balances, earning competitive returns while maintaining liquidity.
- Savings Club Goal-based savings account designed for saving toward special occasions, with restricted access to reduce temptation to spend.
- Certificates of Deposit (CDs) Low-risk, fixed interest rate accounts with terms ranging from 3 months to 10 years. Special offers include 9-Month CD (3.75% APY), 18-Month CD (3.51% APY), and 38-Month CD (3.40% APY) as of April 2026.
- Individual Retirement Accounts (IRAs) Tax-advantaged retirement savings accounts available in Traditional and Roth options. Traditional IRAs offer tax-deductible contributions and tax-deferred growth; Roth IRAs feature tax-free growth and qualified distributions.
- Mortgages Home purchase and refinance loans offering up to 100% financing with no PMI required. Covers conforming properties, home renovations, condos, non-working farms, homes with acreage, and modular homes.
- Home Equity Loans Lending products allowing homeowners to borrow against home equity up to 100% of property value, with fixed rates and predictable monthly payments.
- Home Equity Lines of Credit (HELOC) Flexible revolving credit lines secured by home equity with interest-only or principal-plus-interest options. No closing costs if held for 3+ years.
- Consumer Loans Personal lending including secured and unsecured loans, personal lines of credit, and loans secured by savings, CDs, stocks, bonds, mutual funds, or life insurance. Auto loans up to 100% financing on new vehicles.
- Personal Credit Cards Credit card products designed for personal use with rewards, money-saving perks, and conveniences. Application processing guided by NexTier team members.
- Veterans Benefits Banking Program Specialized banking program for veterans offered in partnership with U.S. Department of Veterans Affairs and Association of Military Banks of America. Provides safe direct deposit of VA benefits with affordable checking options and financial education.
- Free Business Checking Business checking account with $50 minimum deposit to open, no minimum balance requirement, no monthly service charge, and Overdraft Privilege up to $1,500.
- NexTier Connects Checking Business checking designed for non-profit organizations, part of the NexTier Connects program offering custom accounts, commercial lending, and treasury management services for churches and ministries.
- Business Alliance With Interest Interest-bearing business checking for high-volume business customers. $100 to open, with minimum daily balance of $1,000 or $2,000 average monthly balance to avoid $7 monthly fee.
- Term Loans Business financing for expansion, refinancing, and equipment purchases with flexible repayment terms to help build business credit and quick loan decisions.
- Commercial Real Estate Loans Financing for purchasing, renovating, or refinancing business property. Covers owner-occupied and investment properties including office buildings, mixed-use, rentals, apartment complexes, and land development. Up to 80% LTV.
- Construction Loans Business construction financing for building new facilities or expanding existing spaces, including disaster recovery and necessary repairs.
- Business Lines of Credit Revolving credit facility for business liquidity. Funds can be repaid and reused for inventory purchases, cash flow management, and accounts receivable funding.
- Letters of Credit Payment guarantee instruments for business transactions with customers or vendors, providing security for large deals and a cost-effective alternative to bonding.
- Municipal Lending Financing solutions for government and municipal entities supporting community projects including water/sewer systems, tax anticipation notes, renovations, expansions, and equipment purchases.
- Cash Manager Comprehensive online banking platform for businesses featuring wire transfers, multiple security levels, real-time host inquiries, reporting, transfers, stop payments, and Bill Pay with Quicken and QuickBooks interfaces.
- Treasury Management Services Suite of cash management solutions including Account Reconciliation, ACH Services, Business Alliance Analysis Checking, Customized Account Structure, Electronic Payment Authorization, Merchant Capture, Positive Pay, ACH Alerts, Sweep Accounts, Lockbox, and Zero Balance Accounts.
- Business Credit Cards Corporate and community credit card solutions including Visa Business Company Card with corporate liability protection and Visa CommUNITY Card for nonprofits and government agencies. Earn 1x points on eligible spending.
- Merchant Services (Clover) Payment processing solutions through the Clover platform, including POS systems, Rapid Deposit for fast fund access, retail and restaurant solutions, and Clover Essentials for small businesses.
- NexTier Wealth Management Investment and wealth management services offered in partnership with LPL Financial (registered broker-dealer) and Stratos Wealth Partners (registered investment advisor). Covers retirement planning, college savings, and general investments.
- NexTier Connects (Nonprofit Banking Program) Non-profit banking program providing custom accounts, commercial lending, online banking with Cash Manager, fraud detection, merchant services, credit card solutions, ACH collections, payroll services, and conversion services for churches, ministries, and nonprofit organizations.
Quantifiable outcome
- $1,744,710.48 in potential scam losses prevented in 2024
- +2 more outcomes
Companies that use NexTier Bank
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles5 records
NexTier Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration11 records
Feature5 records
NexTier Bank partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- LPL FinancialcoreSecurities are offered through LPL Financial, a registered broker-dealer (member FINRA/SIPC). NexTier Bank refers customers to LPL for investment products and services including retirement planning, college savings, and general investments through NexTier Wealth Management.
- Stratos Wealth PartnerscoreInvestment advice offered through Stratos Wealth Partners, a registered investment advisor. Separate entity from LPL Financial providing wealth management services to NexTier customers.
- Clover (Fiserv)coreMerchant services powered by Clover, a Fiserv solution. Provides payment processing capabilities for business customers to accept credit card payments in-person, mobile, or online through the Clover platform.
- ZellecoreIntegration with Zelle for person-to-person money transfers. Allows customers to send and receive money directly to/from bank accounts using email or mobile phone numbers.
- IntraFi (CDARS/ICS)coreDeposit placement services through IntraFi Network's CDARS and ICS programs. Provides multi-million-dollar FDIC protection on deposits through reciprocal deposit programs.
- U.S. Department of Veterans AffairscorePartnership through the Veterans Benefits Banking Program (VBBP). The program helps Veterans and beneficiaries receive VA benefits through direct deposit with trusted, federally insured banks.
- Association of Military Banks of America (AMBA)corePartnership with AMBA as part of the Veterans Benefits Banking Program, providing banking services designed for active military and veterans.
- VisacoreVisa debit and credit card services including Visa Purchase Alerts, CardBoss card management, and Visa Savings Edge business rewards program.
- DeluxeminorChecks offered through Deluxe, available for order through NexTier Bank's online banking platform.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
NexTier Bank competitors and assessment
Company assessmentDirect peers
- F.N.B. Corporation: Larger Pittsburgh-based community bank with a tri-state PA/OH/NY footprint overlapping NexTier's markets. Operates a similar mix of community banking, commercial lending, and treasury services, but at meaningfully greater scale.
- Univest Financial Corporation: Pennsylvania community bank with similar SMB and consumer banking focus and a footprint that intersects NexTier's Eastern PA expansion. Comparable business banking, mortgage, and wealth management offerings.
- CNB Financial Corporation: Pennsylvania community bank with a strong commercial banking and wealth management franchise overlapping NexTier's Western PA markets. Similar product suite, customer profile, and growth-via-acquisition strategy.
- S&T Bancorp: Western Pennsylvania community bank holding company with a similar branch model, commercial lending focus, and wealth management offering. Direct comp on geography, product mix, and customer segment (consumers, SMBs, nonprofits).
- First Commonwealth Financial Corporation: Pennsylvania-headquartered community bank with a similar Western PA footprint and a comparable mix of retail, commercial, and treasury management services. Closest scale and geographic comp to NexTier with overlapping markets in Indiana, PA and surrounding counties.
- Peoples Financial Services Corp. Northeastern Pennsylvania community bank with comparable consumer/commercial mix and community banking focus. Direct comp on retail deposit gathering, mortgage origination, and small business lending.
- ACNB Corporation: South-central Pennsylvania community bank with a similar mix of community banking, commercial lending, and trust services. Comparable scale, customer profile, and operating model.
- Northwest Bancshares: Multi-state community bank with Pennsylvania, Ohio, and New York branches and a strong CRE/consumer lending franchise. Comparable in operating geography, deposit gathering model, and community bank orientation.
Broad incumbents
- Tompkins Financial Corporation: Upstate New York and Pennsylvania community bank with consumer, commercial, and wealth management lines comparable to NexTier. Overlapping footprint in NY markets and similar community banking orientation.
- Community Bank System: Upstate New York-headquartered community bank holding company operating across NY, PA, VT, and MA. Overlaps NexTier's NY expansion (Rochester, Williamsville) and offers similar consumer, commercial, and wealth management products at larger scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
NexTier Bank social profiles
Digital presenceNexTier Bank compliance and trust
Trust signalCompliance6 records
NexTier Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
NexTier Bank leadership team
Management profileNumber of profiles
Profiles6 records
NexTier Bank subsidiaries and ownership
Company hierarchySubsidiaries2 records
NexTier Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NexTier Bank M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NexTier Bank
What does NexTier Bank do?
NexTier Bank is a community bank operating 32+ branches across Pennsylvania, Ohio, and New York, offering personal banking products (checking, savings, CDs, IRAs, mortgages, consumer loans) and business banking products (business checking, commercial lending, treasury management, merchant services). The bank generates revenue primarily through net interest income on loans and deposits, complemented by service fees, overdraft fees, treasury management fees, and investment referral revenue sharing with LPL Financial.
Is NexTier Bank a public or private company?
NexTier Bank is a private company. It is classified as unknown and is currently operating.
When was NexTier Bank founded?
NexTier Bank was founded in 1900. It employs 251 to 500 people.
Where is NexTier Bank based?
NexTier Bank is headquartered in Kittanning, United States, in the North America region.
How does NexTier Bank make money?
Six revenue lines are on record. Interest Income is the primary driver. The others are deposit and Account Fees, overdraft Fees, investment Product Referrals, treasury Management Services and merchant Services.
Who are NexTier Bank's main competitors?
Direct peers on record are F.N.B. Corporation, Univest Financial Corporation, CNB Financial Corporation, S&T Bancorp, First Commonwealth Financial Corporation, Peoples Financial Services Corp., ACNB Corporation and Northwest Bancshares. Broad incumbents are Tompkins Financial Corporation and Community Bank System.
Does NexTier Bank have an API?
No public API is recorded for NexTier Bank.
What industry is NexTier Bank in?
NexTier Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAAAE, Branch & In-Person Banking (Teller/ATM Networks), with a secondary code of FSABAAAI, Small Business Banking (Microbusiness/Sole Proprietor). Its NAICS code is 52211 and its SIC code is 6021.