Stride Bank

What Stride Bank does

Stride Bank, N.A. is an OCC-regulated nationally chartered bank founded in 1913 and headquartered in Enid, Oklahoma. The bank operates a hybrid model combining traditional community banking — including retail deposits, consumer and business banking, specialized commercial lending (transportation, healthcare, agriculture, commercial real estate, multifamily), and wealth management/trust services — with a Bank-as-a-Service (BaaS) platform that serves as the sponsor and issuing bank for fintech companies. Its fintech business, branded as Stride Payments and Stride Fintech Lending, provides payment infrastructure (debit, credit, prepaid card issuing; Visa Direct, Mastercard Send, ACH, wires; digital wallet integration), treasury and settlement services, and OCC-regulated lending infrastructure to fintech partners nationally and globally. Notable BaaS partnerships include Affirm (sponsoring the Affirm Card with over 1.7 million active cardholders) and National VA Loans (veteran home financing). The bank holds principal issuing memberships with Visa, Mastercard, and Discover, along with direct Federal Reserve connections, enabling multi-rail payment processing.

The bank earns revenue through multiple streams: interchange and program management fees from fintech partnerships (transaction-based), traditional net interest income from lending portfolios across commercial verticals (transportation, healthcare, farm, CRE, C&I), deposit-related transaction fees, and fee-based wealth management and trust services. Its distribution operates through 9 branches across Oklahoma (Enid, Tulsa, Oklahoma City, Bartlesville, Blackwell, Woodward, Mooreland), a fintech office in Salt Lake City, a mortgage production office in Austin, Texas, and digital channels including mobile banking. Stride has grown from approximately $700 million to over $1 billion in assets, driven primarily by its fintech partnership business and digital banking expansion under the Stride Bank rebrand from Central National Bank in 2019. The bank is privately held with no disclosed parent company, operates as a wholly independent institution, and employs a relationship-driven commercial banking model with specialized industry lenders in Oklahoma's core verticals of oil and gas, farming, and trucking.

Name

Stride Bank

Legal name

Stride Bank, National Association

Website

https://stridebank.com

Company type

Private

Founded year

1913

Operating status

Operating

Headcount range

251–500 employees

Short description

Stride Bank is an OCC-regulated nationally chartered bank founded in 1913 in Enid, Oklahoma, operating a hybrid community banking and Bank-as-a-Service (BaaS) model. It serves Oklahoma retail and commercial customers across transportation, healthcare, agriculture, and real estate verticals, while acting as issuing/sponsor bank for fintech partners including Affirm Card.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221), Funds, Trusts, and Other Financial Vehicles (525)

SIC

National Commercial Banks (6021)

akta.pro primary industry

BaaS Platforms & Sponsor Bank Enablement (FSAGALAA)

akta.pro secondary industry

Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE)

Keywords

• Community banking services
• Banking-as-a-service
• Fintech partnerships
• Commercial lending
• Consumer deposits

Headquarters

HQ city

Enid

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure

Revenue model

1. Fintech/BaaS Partnership Fees: As a nationally chartered bank serving as sponsor bank for fintech companies, Stride earns interchange fees on issued cards (debit, credit, prepaid), program management fees from fintech partners, and transaction fees on payment volumes processed through its payment rails.
2. Fintech Lending Partnerships: Revenue generated through partnerships with fintech lenders, where Stride provides the charter, regulatory oversight, and lending infrastructure while fintech partners bring end-customers and product innovation.
3. Traditional Banking Interest Income: Interest income from lending products including commercial real estate loans, transportation/trucking loans, healthcare banking, farm loans, commercial & industrial loans, multifamily loans, heavy equipment loans, and consumer lending (personal loans, credit cards, mortgages).
4. Core Deposit-Taking and Transaction Fees: Fee income from deposit accounts (checking, savings, money market, CDs), including monthly service charges, overdraft fees, and transaction-based fees on business accounts.
5. Wealth Management and Trust Services: Fee-based income from trust administration, estate planning, investment management, IRA/401k services, farm management, oil & gas management, and investment advisory services.
6. Treasury Management and Cash Management Services: Fees from ACH origination, wire transfers, Positive Pay, lockbox services, merchant services, Remote Deposit Capture, text alerts, and business bill pay services.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels7 records

Core offering

Stride Bank is a nationally chartered, OCC-regulated bank founded in 1913 in Enid, Oklahoma, operating as a privately held bank holding company. It provides traditional consumer and business banking services and additionally operates as a Banking-as-a-Service (BaaS) provider that partners with fintech companies to deliver embedded banking solutions.

Product overview

Stride Bank is an Oklahoma-based nationally chartered bank (OCC-regulated) offering a comprehensive, multi-channel financial services platform. The product portfolio spans personal banking (checking, savings, CDs, IRAs, credit cards, personal loans, mobile banking), business banking (checking, savings, loans, treasury management, merchant services), wealth management (trust administration, estate planning, investment services, retirement planning, oil & gas management, farm management), specialized lending (commercial real estate, transportation, healthcare, agriculture, commercial & industrial), and fintech solutions (Stride Payments for issuing and treasury services, Fintech Lending for embedded finance partners, Corporate Account Products). The bank also operates Stride Mortgage as a separate division for home lending. Services are delivered through branch locations in Oklahoma, a fintech office in Salt Lake City, and digital channels including mobile banking and online platforms.

Differentiator

Problem solved

Functional benefit

Products and services

• Consumer Banking Services Traditional consumer banking products (deposits, checking, savings, and consumer lending) delivered to individual households through the bank's community banking channels.
• Commercial / Business Banking Services Business banking services for commercial and small-business customers, including deposit accounts, lending, and treasury/cash management delivered through traditional banking channels.
• Banking-as-a-Service (BaaS) BaaS infrastructure in which Stride Bank partners with fintech companies to deliver embedded banking solutions (such as accounts and payment functionality) inside the partner's product experience, with Stride acting as the regulated bank sponsor.

Quantifiable outcome

• Asset growth from $700 million to over $1 billion, nearly doubling in size
• +2 more outcomes

Named customers2 records

Segments9 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature6 records

Partnerships

Six partnerships are on record, tiered core and minor.

• AffirmcoreGTM or Marketing Partner · 1 January 2026Stride Bank partnered with Affirm to support the Affirm Card, a fast-growing point-of-sale financing and debit solution with over 1.7 million active cardholders. Stride serves as the issuing bank for the Affirm Card program, providing the charter, payment rails, and regulatory infrastructure. This aligns with Stride's strategic vision to provide next-generation payment solutions and supports Affirm's mission of building a transparent, user-first financial ecosystem.
• National VA LoanscoreStrategic or Co-development Partner · 1 January 2026Stride Bank partnered with National VA Loans, a leading provider of VA home loans, to expand home financing services for veterans nationwide. National VA Loans is recognized for its dedication to helping veterans achieve homeownership with specialized VA loan products. The partnership enables Stride to participate in the veterans' home financing market while National VA Loans leverages Stride's banking capabilities and national reach.
• Allpoint ATM NetworkminorChannel Partner/ Reseller/ Distributor · 1 January 2026Stride Bank is part of the Allpoint ATM Network, providing surcharge-free transactions at 55,000 ATMs worldwide. Customers can use their existing Stride Bank debit cards at Allpoint ATMs with no sign-up fees or forms required.
• VisacoreTechnology or Integration · 1 June 2025Stride Bank is a principal issuing member of Visa with access to Visa Direct for real-time disbursements and the full suite of Visa payment products including debit, credit, and prepaid card issuing through various processors, gateways, and digital wallet providers.
• MastercardcoreTechnology or Integration · 1 June 2025Stride Bank is a principal issuing member of Mastercard with access to Mastercard Send for real-time fund transfers and the full range of Mastercard payment products including virtual, physical, reloadable, and single-use card options.
• DiscovercoreTechnology or Integration · 1 June 2025Stride Bank is a principal issuing member of Discover, enabling card issuing programs and access to Discover's payment network alongside Visa and Mastercard memberships.

Scale indicators7 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Sutton Bank: Ohio-based community bank that sponsors numerous fintech card and lending programs, including partnership with major neobanks. Comparable to Stride as a sponsor bank powering fintech debit/credit programs.
• Cross River Bank: New Jersey-chartered bank widely recognized as a leading BaaS sponsor bank, powering lending and payments for numerous fintechs. Directly comparable to Stride as a community bank leveraging fintech partnerships for fee-based revenue growth.
• Coastal Community Bank: Washington state-chartered community bank with a major BaaS unit (Cascade Financial Technology) serving fintech partners. Directly comparable as a community bank whose technology/BaaS division is a primary growth engine.
• Blue Ridge Bank: Virginia-chartered community bank that has built a sizable BaaS sponsor business with fintech partners. Comparable to Stride in operating as a smaller regional bank leveraging charter and payments infrastructure to serve fintechs.
• Customers Bancorp / Customers Bank: Pennsylvania-based bank with a digital-first Commercial Banking, BaaS, and embedded finance franchise through its BankMobile division. Closely comparable to Stride for combining a community/commercial bank charter with significant BaaS revenue.
• First Internet Bank: Indiana-based digital-first chartered bank offering consumer, business, and BaaS/embedded finance services. Comparable to Stride as a smaller, technology-forward chartered bank with nationwide digital reach.
• Pathward Financial (formerly MetaBank): Public financial holding company with a national bank (Pathward N.A.) that serves as a major sponsor bank for prepaid, lending, and BaaS programs. Comparable to Stride in operating a BaaS-led model alongside traditional banking products.

Emerging players

• TCM Bank (a subsidiary of Nations Lending): Specialty bank focused on issuing credit cards through bank and credit union partners; Stride currently relies on TCM Bank for its consumer and business credit card products. Comparable as a niche card-issuing bank within the BaaS ecosystem.
• Lincoln Savings Bank: Iowa-based community bank with a fintech division (Lincoln Savings Bank, FSB) sponsoring prepaid and BaaS programs. Comparable as a smaller community bank leveraging BaaS partnerships for growth.

Broad incumbents

• Bancorp Bank (part of The Bancorp, Inc.): Larger specialty bank focused on payments, BaaS, and corporate banking for fintechs and payment partners. Comparable to Stride as a sponsor bank with established fintech relationships, though operating at materially larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/BankStride
• Facebookfacebook.com/stridebank
• LinkedInlinkedin.com/company/stridebank

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about Stride Bank