Peoples Bank and Trust

What Peoples Bank and Trust does

Peoples Bank and Trust is an FDIC-insured, privately held community bank founded in 1898 by F.A. Vaniman as Peoples State Bank in downtown McPherson, Kansas, where it remains headquartered at 101 South Main. The bank serves individual consumers, small and medium-sized businesses, and trust/wealth management clients in McPherson and surrounding Kansas communities through physical branches, online and mobile banking (powered by Q2's digital platform), a 24/7 telephone banking IVR, and an ATM network. Its product suite spans personal and business checking and savings accounts, money market accounts, certificates of deposit, residential mortgages, home equity, auto loans, personal loans, commercial loans, and consumer and business credit cards, supplemented by fraud protection (Positive Pay via Data Center Inc.) and remote deposit capture (Remote Deposit Plus) for commercial clients.

The bank operates a dedicated Trust Department delivering estate administration, charitable trusts, living revocable trusts, individual retirement accounts, mineral and real estate management, and personal investment accounts, accessed digitally via InfoVisa's Trust Online portal. A referral partnership delivers life insurance and investment products. Technology is built on a modular stack of best-of-breed third-party vendors (Q2 for mobile/online, iCoreGo for digital account opening, Card Support Center for credit cards, Biller Payments for loan servicing), with no proprietary core platform. Digital adoption is evident through PDF tutorials in English and Spanish, active social media on Facebook/Instagram/LinkedIn/X, and a BambooHR-managed careers portal.

Revenue is generated primarily through net interest income on loans (mortgage, auto, personal, commercial) and CD rate spreads, supplemented by deposit account and overdraft fees, interchange and interest from credit cards, and recurring fees from the trust and wealth management department. The bank does not publicly disclose pricing, financial statements, or headcount, and operates as a standalone independent institution with no disclosed parent company, holding company structure, or private equity backing.

Name

Peoples Bank and Trust

Legal name

Peoples Bank and Trust

Website

https://peoples.bank

Company type

Private

Founded year

1898

Operating status

Operating

Headcount range

101–250 employees

Short description

Peoples Bank and Trust is an FDIC-insured community bank founded in 1898, headquartered in McPherson, Kansas. It provides personal and business deposit, lending, and credit card services, plus a full Trust Department offering estate, wealth, and mineral management to local consumers, SMBs, and high-net-worth clients.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Finance and Insurance (52)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Mutual Savings Banks & Mutual Thrifts (FSABAEAD)

Keywords

• Community banking
• Retail banking services
• Consumer lending
• Trust services
• Business banking

Headquarters

HQ city

Mcpherson

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Interest earned on loans including mortgage, auto, personal, and business loans
2. Deposit Account Fees: Fees from checking accounts including maintenance fees, overdraft fees, and other service charges
3. Trust and Wealth Management Services: Fees from trust department services including estate administration, charitable trusts, and investment accounts
4. Credit Card Revenue: Interchange fees and interest from credit card products
5. Certificate of Deposit Interest Spreads: Interest rate spread between CD rates paid to depositors and lending rates

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Peoples Bank and Trust is a community bank headquartered in McPherson, Kansas, offering personal and business deposit accounts (checking, savings, money market, CDs), consumer and commercial loan products (mortgage, home equity, auto, personal, business), credit cards, and a full-service Trust Department handling estate administration, charitable trusts, IRAs, living revocable trusts, mineral/real estate management, and personal investment accounts. Customers access services through physical branches, online banking, a native iOS/Android mobile app, ATM network, and 24/7 telephone banking.

Product overview

Peoples Bank and Trust is a regional community bank offering a unified banking platform with multiple product categories. The core banking operations include personal and business checking/savings accounts, certificates of deposit, and credit cards. Lending products span home mortgages, auto loans, personal loans, and commercial loans. A dedicated Trust Department provides specialized services including estate administration, charitable trusts, IRAs, living revocable trusts, mineral/real estate management, and personal investment accounts. Digital banking is delivered through Online Banking (web platform) and Mobile Banking App (iOS/Android native). Business-specific add-ons include Remote Deposit Link for check capture and Positive Pay for fraud protection. Trust customers access services via Trust Online Access portal. The bank also offers supplementary services like Web Statements (e-statements), Telephone Banking (IVR), life insurance, and investment services through partners.

Differentiator

Problem solved

Functional benefit

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

Feature5 records

Partnerships

One partnership is on record.

• Q2 (Q2ebanking)coreTechnology or IntegrationProvides the mobile banking application infrastructure for Peoples Bank and Trust. The bank's mobile app (com.q2e.peoplesbanktrust3255.mobile.production) is built on Q2's digital banking platform, enabling iOS and Android mobile access to accounts.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• UMB Financial Corporation: UMB Financial is a large Kansas City-based diversified financial holding company with banking, payments, and asset management services. It is broadly comparable because it shares the Kansas/regional orientation and offers overlapping commercial banking, treasury, and institutional trust services at greater scale and geographic reach.
• Heartland Financial USA / HTLF: Heartland Financial is a multibank holding company operating community banks across the Midwest, Southwest, and Mountain West. It is broadly comparable because it owns community bank charters with consumer/commercial banking and wealth services in geographies that overlap Kansas-area markets.

Direct peers

• Sunflower Bank: Sunflower Bank is a Texas/Kansas-based community bank offering commercial, consumer, and wealth services with a multi-state footprint. It is directly comparable as a community bank providing comparable deposit, loan, and trust services in the central U.S. region.
• Simmons Bank: Simmons Bank is a Midwestern/Southern community bank offering consumer, commercial, and trust services. It is directly comparable as a community-focused bank with full-service offerings including wealth and trust products serving smaller-market customers.
• Intrust Bank: Intrust Bank is a Kansas-based community bank headquartered in Wichita offering personal banking, business banking, wealth management, and trust services. It is directly comparable because both serve Kansas communities with a full-service community bank model including trust and lending products.
• Emprise Bank: Emprise Bank is a privately held Kansas community bank serving individuals and businesses across the state with deposit, lending, and wealth management products. It is directly comparable as a Kansas-based, privately held community bank with similar product breadth and operating geography.
• Capitol Federal Financial: Capitol Federal is a Kansas-headquartered thrift institution offering consumer banking, loans, and wealth management. It is directly comparable as a Kansas-based depository institution serving individuals and families across Kansas with similar deposit and lending products.
• Equity Bank: Equity Bank is a Kansas-based community bank offering personal, business, and wealth services across multiple communities in the central U.S. It is directly comparable as a regional community bank with consumer/commercial banking and trust services targeting Kansas and adjacent markets.

Regional players

• Great Western Bank: Great Western Bank is a community bank serving several Midwestern and Western states with personal and business banking products. It is comparable as a community bank with similar deposit and lending offerings, but operates across a broader geography than Peoples Bank and Trust.

Others

• Q2 Holdings: Q2 (Q2 Holdings) provides digital banking software that powers the People's Bank and Trust mobile app. It is adjacent/comparable as a technology infrastructure provider whose product directly enables the bank's digital channels.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/PB_TKS
• Facebookfacebook.com/PeoplesBankandTrustKS
• LinkedInlinkedin.com/company/peoples-bank-and-trust
• Instagraminstagram.com/peoplesbankandtrust

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Peoples Bank and Trust