Capra Bank
Capra Bank is a privately held de novo community bank headquartered in Dubuque, Iowa, operating across Iowa, Texas, and New Mexico. It offers commercial banking, treasury management, and retail deposit/lending products to businesses, farmers, and individuals through a relationship-driven, local decision-making model powered by Fiserv and Baker Hill technology.
- Company typePrivate
- Founded2023
- HeadquartersMontezuma, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Capra Bank does
Capra Bank is a de novo community bank headquartered in Dubuque, Iowa, founded by Dr. L.H. "Tut" Fuller in 2022 with operations commencing in March 2023. The bank operates a three-state physical footprint across Iowa (Dubuque), Texas (Lubbock), and New Mexico (Albuquerque), with each market led by a state-level President (Tyson Leyendecker, Greg Garland, and Andres Garcia respectively). It serves both Commercial/Business Banking and Retail/Private Banking segments, with secondary specializations in Agricultural Banking and SBA Lending. Product breadth spans treasury management (payables, receivables, liquidity management, fraud protection, commercial card), commercial and consumer loans (term loans, lines of credit, real estate, SBA, ag, home equity, mortgages, personal), and a tiered consumer deposit franchise (Base Camp, Elevate, Summit, and premium G.O.A.T. Checking with 6.00% APY).
The technology architecture is built on third-party platforms rather than proprietary systems: Fiserv powers the core banking platform and TouchBanking mobile application (enabling mobile deposits, Zelle P2P, card controls, credit score monitoring, and bill pay), and Baker Hill provides lending and risk management infrastructure that has been publicly credited as an enabler of the bank's organic growth. Commercial customers access a single-sign-on Commercial Center integrating commercial card, expense management, and reporting. The bank is FDIC-insured (NMLS #649081) and operates under a national bank charter.
The business model is a traditional community banking model: net interest income from loan-deposit spread is the primary revenue stream, supplemented by transaction-based fees from treasury management, commercial and consumer card interchange (via Elan Financial Services), and liquidity management services such as CDARS and Insured Cash Sweeps. Growth has been entirely organic — no acquisitions, no institutional funding rounds — driven by customer acquisition, multi-state geographic expansion, and an employee/client ownership culture. As of Q1 2026, the bank reported $1.23 billion in total assets, ranking it #1 in U.S. asset growth, #1 in loan growth, and #4 in deposit growth per Raymond James' nationwide peer analysis.
Capra Bank firmographics
Firmographics- Name
- Capra Bank
- Legal name
- Capra Bank
- Website
- https://caprabank.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Capra Bank is a privately held de novo community bank headquartered in Dubuque, Iowa, operating across Iowa, Texas, and New Mexico. It offers commercial banking, treasury management, and retail deposit/lending products to businesses, farmers, and individuals through a relationship-driven, local decision-making model powered by Fiserv and Baker Hill technology.
- Ownership category
- akta.pro rank
Capra Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- National Commercial Banks (6021), Personal Credit Institutions (6141)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industries
- Balance-Sheet / Portfolio CRE Lending (FSALADAG), Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL), Credit Cards & Revolving Credit (FSABAAAC)
Keywords
Where Capra Bank is headquartered
LocationHeadquarters
- HQ city
- Montezuma
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Capra Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Net Interest Income: Traditional banking revenue generated from the spread between interest earned on loans (real estate, commercial, agricultural, SBA, personal) and interest paid on deposits (checking, savings, money market, CDs). The bank offers competitive rates including 6.00% APY on certain checking products.
- Treasury Management Fees: Fee income from commercial treasury management services including payables, receivables, fraud protection, information management, and liquidity management solutions.
- Commercial Card Revenue: Revenue from commercial card programs including interchange fees and potential revenue share arrangements with business customers.
- Credit Card Interchange: Fees earned on credit card transactions processed through partner Elan Financial Services for both business and personal credit cards.
- Liquidity Management Services: Fees from CDARS (Certificate of Deposit Account Registry Service) and Insured Cash Sweeps that enable businesses to access FDIC protection above standard limits.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | G.O.A.T. Checking: Premium interest checking with 6.00% APY up to $4,999.99 |
| Subscription | Monthly | Money Market Special: 3.75% APY 6-month intro rate for new customers |
| Transaction based/ take rate | Monthly | Commercial Checking: Analyzed fee structure for large businesses |
| Subscription | Monthly | Business Checking: Midsized business checking with $20,000 minimum |
| Subscription | Monthly | Small Business Checking: Simplified checking with $2,500 minimum |
| Subscription | Monthly | High-Yield Business Checking: Interest-bearing with $25,000 minimum |
| Subscription | Monthly | Summit Checking: High-balance personal checking with $25,000 minimum |
| Subscription | Monthly | Elevate Checking: Mid-tier personal checking with $7,500 minimum |
| Subscription | Monthly | Base Camp Checking: Entry-level checking with low requirements |
| Subscription | Annual | CDs: FDIC-insured certificates of deposit for terms ranging from 6 months to 5+ years |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Capra Bank product offering
Product offeringCore offering
Capra Bank is a privately held community bank providing deposit accounts, consumer and commercial loans, treasury management, credit cards, and digital banking services to individuals and businesses across Iowa, Texas, and New Mexico. Its offering spans commercial treasury management (payables, receivables, liquidity, fraud protection, commercial cards) and a full consumer/private banking suite (checking tiers, savings, money market, CDs, mortgages, home equity, and personal loans), all delivered through three physical branches and Fiserv-powered online and mobile channels.
Product overview
Capra Bank is a community bank offering a unified suite of banking products across commercial and consumer segments. The commercial division provides Treasury Management services (Payables, Receivables, Liquidity Management, Information Management, Fraud Protection, Commercial Card) alongside Loans & Financing (Term Loans, Lines of Credit, Real Estate Loans, SBA Loans, Ag Loans, Small Business Credit Cards). The private/consumer division offers Banking (checking, savings, CDs, debit cards), Loans & Lines of Credit (Home Equity, Home Loans, Personal Loans), and Technology services. Key digital products include Online Banking, Mobile Banking, Mobile Deposit, Zelle® peer-to-peer payments, Card Controls, Credit Score Monitoring, and Alerts. Premium consumer products include The G.O.A.T. Checking (up to 6.00% APY) and Money Market Special (3.75% APY intro rate). The bank operates across Iowa, Texas, and New Mexico with three physical branches.
Differentiator
Problem solved
Functional benefit
Brands
- The G.O.A.T. Checking: Premium checking account offering 6.00% APY on balances up to $4,999.99, ATM fee refunds up to $10 per statement cycle, and digital banking services including mobile banking, online banking, Zelle, and mobile deposit.
- Money Market Special
Products and services
- The G.O.A.T. Checking Premium personal checking account for individuals seeking competitive interest, ATM fee refunds, and full digital banking services. Requires $100 minimum deposit; $10 monthly maintenance fee waived with $2,500 average daily balance and $2,500 direct deposits per cycle.
- Money Market Special Interest-bearing money market account for personal customers seeking short-term promotional yield. After 180 days, rate converts to standard; drops to 0.05% if requirements are not met.
- Base Camp Checking Entry-level personal checking account for customers establishing their banking relationship. $100 minimum deposit; no minimum balance requirement; $500 monthly direct deposit recommended; monthly fee if not enrolled in eStatements.
- Elevate Checking Mid-tier personal checking account with straightforward services. $100 minimum deposit; $7,500 minimum average daily balance to avoid fee; no direct deposit required; ATM fee refunds up to $20/cycle.
- Summit Checking Premium personal checking account for high-balance users. $100 minimum deposit; $25,000 minimum average daily balance to avoid fee; ATM fee refunds up to $50/cycle; no direct deposit requirement.
- Personal CDs FDIC-insured certificates of deposit for individuals supporting long-term savings growth with various term options (6 months to 5+ years); early withdrawal penalties may apply.
- Commercial Checking Business checking account for large commercial businesses with activity-based (analyzed) fee structure and earnings credit eligibility. $100 minimum deposit; no minimum daily balance requirement.
- Business Checking Midsized business checking account. $100 minimum deposit; $20,000 minimum daily balance to avoid maintenance fee; under 200 items included; monthly maintenance fee applies if minimum not met.
- Small Business Checking Simplified checking account for small businesses. $100 minimum deposit; $2,500 minimum daily balance; under 50 items included; monthly maintenance fee if minimum not met.
- High-Yield Business Checking Interest-bearing business checking account. $100 minimum deposit; $25,000 minimum daily balance; under 50 items included; monthly maintenance fee if minimum not met.
- Business Savings Interest-bearing savings account for businesses to set aside money, with up to 6 withdrawals per statement cycle at no charge.
- Business Money Market Interest-bearing money market account for businesses, with up to 6 withdrawals per statement cycle at no charge.
- Certificates of Deposit (CDs) Time deposit accounts for businesses providing secure, reliable growth of excess funds with guaranteed returns over fixed terms.
- Treasury Management Comprehensive cash management solution for business customers covering payables, receivables, liquidity management, information management, and fraud protection services.
- Term Loans Fixed-term business loans for equipment purchases, vehicle and rolling stock acquisitions, tenant improvements, business acquisitions, and partner buy-in financing.
- Lines of Credit Revolving credit facilities for businesses addressing seasonal working capital needs, cash flow for growth, strategic inventory acquisitions, and letters of credit.
- Real Estate Loans Commercial real estate financing for warehouse, manufacturing, office, retail, medical, multifamily, hospitality, and historic structures with tax credit eligibility.
- SBA Loans SBA 7(a) loans up to $5 million for working capital, supplies, and debt refinancing, and SBA 504 loans for real estate and equipment purchases.
- Ag Loans Agricultural financing supporting equipment purchases, farm purchases and expansion, and working capital and input financing for farming operations.
- Small Business Credit Cards Business credit cards with free online expense reporting tools, no fee for additional employee cards, mobile payment capability, zero fraud liability, and 24/7 cardmember service.
- Home Loans Residential mortgage products including Conventional Financing, Jumbo Loans, Lot and Construction Loans, Adjustable Rate Mortgages, First-Time Homebuyer Loans, FannieMae HomeReady Loans, and Refinancing.
- Home Equity Line of Credit Revolving credit line secured by home equity allowing borrowers to access cash as needed and pay only interest on the amount used.
- Home Equity Installment Loan Fixed-term fixed-rate loan for large single purchases, allowing homeowners to borrow against their home equity with predictable monthly payments.
- Personal Loans Unsecured personal loans for automobile and recreational vehicle financing, plus a Private Banking Line of Credit offering flexibility and liquidity for various financial needs.
- Online Banking Web-based digital banking platform providing instant access to Capra Bank accounts, enabling account management, transfers, bill pay, and customizable reporting.
- Mobile Banking
Quantifiable outcome
- 296% compound annual asset growth from 2023-2025, ranked #1 in U.S.
- +2 more outcomes
Companies that use Capra Bank
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles3 records
Capra Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature6 records
Capra Bank partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Baker HillcoreBaker Hill is a lending and risk management technology provider that serves as an enabling technology partner supporting Capra Bank's operational scalability and lending efficiency. Baker Hill's technology platform has been credited as supporting Capra Bank's entirely organic growth driven by customer acquisition and market expansion. The partnership was publicly acknowledged when Baker Hill congratulated Capra Bank on achieving #1 ranking as fastest-growing bank.
Scale indicators8 records
Recent moves8 records
Expansion highlights6 records
Capra Bank competitors and assessment
Company assessmentBroad incumbents
- Heartland Financial USA (HTLF): Multi-state community banking franchise that was Capra founder Tut Fuller's former employer (HTLF regional president). Comparable Midwest-rooted community banking model at significantly larger scale.
Emerging players
- Axos Financial: Digital-first bank built on a modern technology stack serving consumers and small businesses nationwide. Comparable emphasis on technology (Fiserv/Baker Hill stack) and direct-to-consumer deposit acquisition.
Direct peers
- Equity Bancshares: Kansas-based community bank with a Midwest and Sun Belt footprint emphasizing relationship banking, commercial lending, and treasury management. Comparable size, footprint philosophy, and product set.
- Cullen/Frost Bankers (Frost Bank): Texas-headquartered community bank focused on relationship banking in mid-size markets, with strong commercial and consumer product depth. Directly comparable given Capra's Texas (Lubbock) footprint and similar local-decision-making value proposition.
- Live Oak Bancshares: Wilmington, NC-based de novo-style community bank that scaled rapidly through relationship lending and a technology-forward operating model, with similar focus on small-business and specialty lending. Comparable trajectory and growth-oriented community banking strategy.
- First Foundation: California and Texas-based community bank serving businesses and consumers with a relationship-driven model and modern digital channels. Comparable private banking/commercial banking mix and tech-enabled service approach.
- Independent Bank Group: Texas-based community bank with operations across Texas, Colorado, Arizona, New Mexico, and other states. Comparable mid-size-market community banking model and presence in New Mexico (Capra's third state).
- Burke & Herbert Financial Services: Virginia-based community bank with a long history of relationship banking, consumer/commercial deposit products, and modern digital services. Comparable community-bank scale, segment mix, and recent growth trajectory.
- CrossFirst Bankshares: Kansas City-based community bank that expanded into Texas, Oklahoma, and other Sun Belt markets using a local banker-led model. Highly comparable multi-state expansion story and middle-market commercial lending focus.
- National Bank Holdings (NBHC): Multi-state community banking franchise serving businesses and consumers across the Midwest, Southwest, and other Sun Belt regions. Comparable geographic strategy and commercial/retail banking product set.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Capra Bank social profiles
Digital presenceCapra Bank compliance and trust
Trust signalCompliance3 records
Capra Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Capra Bank leadership team
Management profileNumber of profiles
Profiles12 records
Capra Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Capra Bank 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 Capra Bank
What does Capra Bank do?
Capra Bank is a privately held community bank providing deposit accounts, consumer and commercial loans, treasury management, credit cards, and digital banking services to individuals and businesses across Iowa, Texas, and New Mexico. Its offering spans commercial treasury management (payables, receivables, liquidity, fraud protection, commercial cards) and a full consumer/private banking suite (checking tiers, savings, money market, CDs, mortgages, home equity, and personal loans), all delivered through three physical branches and Fiserv-powered online and mobile channels.
Is Capra Bank a public or private company?
Capra Bank is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Capra Bank founded?
Capra Bank was founded in 2023. It employs 11 to 50 people.
Where is Capra Bank based?
Capra Bank is headquartered in Montezuma, United States, in the North America region.
How does Capra Bank make money?
Five revenue lines are on record. Net Interest Income is the primary driver. The others are treasury Management Fees, commercial Card Revenue, credit Card Interchange and liquidity Management Services.
Who are Capra Bank's main competitors?
Heartland Financial USA (HTLF) is listed as a broad incumbent. Axos Financial is listed as an emerging player. Direct peers are Equity Bancshares, Cullen/Frost Bankers (Frost Bank), Live Oak Bancshares, First Foundation, Independent Bank Group, Burke & Herbert Financial Services, CrossFirst Bankshares and National Bank Holdings (NBHC).
Does Capra Bank have an API?
No public API is recorded for Capra Bank.
What industry is Capra Bank in?
Capra Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSALADAG, Balance-Sheet / Portfolio CRE Lending. Its NAICS code is 52211 and its SIC code is 6021.