Jefferson Bank

What Jefferson Bank does

Jefferson Bank is a privately held, Texas-chartered community bank founded in 1946 in San Antonio, family-owned across three generations. It operates 14 physical banking centers across four Texas markets — San Antonio (11 branches including the recently opened Quarry Heights location), Austin, Boerne, and New Braunfels — supported by a 15-person commercial lending team and dedicated treasury management officers with local loan-decision authority. The institution employs between 251 and 500 people and is regulated by the Texas Department of Banking with FDIC-insured deposits.

The bank offers a full suite of retail and commercial banking products: personal and business checking (three business tiers), savings, money market, CDs, and IRAs on the deposit side; commercial and industrial loans, SBA loans (504, 7a, 7a Express), business lines of credit, construction and commercial real estate loans, and term loans on the lending side. Treasury management services include ACH origination, same-day ACH, sweep accounts, Positive Pay fraud prevention, online wire origination, lockbox, remote deposit capture, merchant services, and the embedded Autobooks invoicing platform. Digital banking is delivered via iOS, Android, and Apple Watch apps with mobile deposit (up to $5,000 daily), real-time account access, Zelle, card management, and 24-month statement history. A wealth management division branded "1900 Wealth" provides private banking, trust administration, estate planning, investment management, oil/gas/mineral management, and family office services. The wholly-owned insurance subsidiary Sanger & Altgelt extends the offering into property/casualty, cyber security, professional liability, employee benefits, surety bonds, and personal lines.

Revenue is generated primarily through net interest income on the loan portfolio (commercial, industrial, real estate, SBA, and consumer), supplemented by deposit account fees, treasury management transaction fees, credit card interchange (issued through TIB – The Independent Bankers Bank), Positive Pay subscription fees, and wealth management fees. Pricing follows a tiered subscription model on deposit accounts (e.g., Business Express at $10/month waivable, Business Builder at $15/month waivable, Business Checking at $20/month) with fee waivers tied to minimum balances or active merchant services. In 2025 the bank reported record full-year net income of $12.553M (up 10.8% year-over-year), with a 1.90% return on assets and a 14.68% leverage capital ratio, both significantly above peer averages for community banks with $300M-$1B in assets. Interest expense ranked in the lowest percentile among 1,296 peer banks, indicating a structural cost-of-funds advantage.

Name

Jefferson Bank

Legal name

Jefferson Bank

Website

https://jeffersonbank.com

Company type

Private

Founded year

1946

Operating status

Operating

Headcount range

251–500 employees

Short description

Jefferson Bank is a privately held, Texas-chartered community bank founded in 1946, operating 14 branches across San Antonio, Austin, Boerne, and New Braunfels. It provides personal banking, business banking, treasury management, SBA and commercial lending, wealth management (1900 Wealth), and insurance (Sanger & Altgelt) to SMBs, consumers, and HNW clients.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industry

Credit Cards & Revolving Credit (FSABAAAC)

Keywords

• Community banking services
• Commercial lending products
• Personal banking accounts
• Treasury management services
• Wealth management solutions

Headquarters

HQ city

San Antonio

HQ country

United States

HQ region

North America

Offices14 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Net Interest Income: Interest earned on loans including commercial, industrial, real estate, SBA, and consumer loans. Record 2025 net income of $12,553,000 driven by $1,890,000 increase in loan interest and fees.
2. Deposit Account Fees: Monthly service charges, analysis-based fees, and item processing fees on business and personal checking accounts.
3. Treasury Management Services: ACH origination, wire transfer, merchant services, lockbox, and other cash management service fees.
4. Credit Card Interchange: Transaction fees from Visa and Mastercard credit card processing through business and personal credit cards.
5. Fraud Prevention Services: Positive Pay service fees for fraud detection and prevention on business accounts.
6. Wealth Management Fees: Trust administration, estate planning, investment management, and private banking services revenue.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Jefferson Bank is a Texas-chartered community bank providing personal banking (checking, savings, CDs, IRAs, personal loans, mortgages, debit/credit cards), business banking (checking, savings, loans, SBA financing, lines of credit), treasury management (ACH, wires, positive pay, merchant services), and wealth management services (trust, estate planning, investment management) to consumers and businesses across San Antonio, Austin, Boerne, and New Braunfels.

Product overview

Jefferson Bank is a Texas-chartered community bank offering a comprehensive suite of personal and business banking products organized around four core pillars: Personal Banking (checking, savings, CDs, IRAs, personal loans, credit/debit cards), Business Banking (checking, savings, CDs, loans, lines of credit, SBA loans), Treasury Management Services (ACH origination, same-day ACH, sweep accounts, positive pay, wire origination, lockbox, remote deposit capture, merchant services, Autobooks), and Wealth Management (private banking, trust services, estate planning, probate administration, oil/gas/mineral management, investment management, family office services). The bank operates 14 physical locations across San Antonio, Austin, Boerne, and New Braunfels, supported by a full-featured digital banking platform including mobile apps for iOS, Android, and Apple Watch. As a subsidiary of Jefferson Bank, Sanger & Altgelt Insurance provides property/casualty, cyber security, professional liability, employee benefits, and personal insurance products.

Differentiator

Problem solved

Functional benefit

Brands

• Sanger & Altgelt: Insurance subsidiary offering comprehensive risk management services, insurance products, and bond solutions for businesses and individuals throughout South Texas. Services include Property & Casualty, Cyber Security, Professional Liability, Employee Benefits, Surety Bonds, Risk Management for business; and Homeowner & Umbrella, Automotive, Farm & Ranch, Individual & Life, Travel Risk, Loss Control for personal customers.
• 1900 Wealth

Products and services

• Personal Checking Account Basic personal checking account with unlimited transactions, Visa Debit Card, mobile banking, mobile deposits, eStatements, Zelle, digital wallet support, and up to $10 non-Jefferson Bank ATM reimbursement for individual consumers.
• Relationship Checking Account Premium personal checking with interest on all balances, higher ATM reimbursement (up to $20 per statement cycle), unlimited free check orders and stop payments, and overdraft protection from linked accounts for individual consumers.
• Business Express Account Entry-level business checking with $50 minimum opening deposit, $10 monthly service charge waivable with $2,500 balance or active merchant services, and 200 free items processed per month for small businesses.
• Business Builder Account Mid-tier business checking designed for growing businesses with $5,000 minimum daily balance, $15 monthly service charge, and 500 free items processed per month.
• Business Checking Account Analysis-based business checking for larger businesses with low account analysis fees offset through tiered earning credit rate, customizable with Treasury Management Services.
• Business Money Market Account Business savings with competitive rates and monthly interest compounding, $1,000 minimum daily balance to avoid service charge, and free online/mobile banking with bill pay for businesses.
• Business Savings Account Basic business savings account with $50 minimum opening deposit, $5 monthly service charge waivable with $500 balance, free bill pay, and mobile banking for businesses.
• Business CDs Certificate of deposit products with guaranteed rates and FDIC protection. Regular CD requires $1,000 minimum; Jumbo CD requires $100,000. Automatically renewable with varying terms for businesses.
• Business Line of Credit Revolving credit facility for short-term working capital needs including managing operating expenses, seasonal sales cycles, inventory purchases, and unplanned expenses for businesses.
• Term Loans Lump-sum business loans for specified purposes including machinery, equipment, vehicle purchases, acquisitions, or long-term capital needs for businesses.
• Construction or Commercial Real Estate Loans Loans for business space remodeling, new building construction, or purchasing existing establishments, plus customized refinancing solutions for businesses.
• Small Business Administration (SBA) Loans SBA 504 loans with attractive terms and flexibility for real estate purchases, construction loans, tenant finish out, and equipment/machinery purchases for small businesses.
• Commercial and Industrial (C&I) Lending Full range of C&I financing including inventory acquisition, production line additions, employee hiring, seasonal revenue management, machinery/equipment/technology purchases, and construction/expansion/renovation funding for businesses with fast local approvals.
• Sanger & Altgelt Insurance Insurance subsidiary offering comprehensive risk management and insurance products including Property & Casualty, Cyber Security, Professional Liability, Employee Benefits, Surety Bonds, and Risk Management for businesses, plus personal insurance (Homeowner, Automotive, Farm & Ranch, Life) for individuals.
• Visa Business Debit Card Business debit card accepted everywhere Visa is accepted with features including 24/7 PIN changes, real-time transaction viewing, contactless payments, ATM access, employee card issuance with spending limits, and Visa Zero Liability Coverage for businesses.
• Business Credit Cards Two business credit card options issued through TIB: No Fee Card (no annual fee, competitive APR, grace period) and Choice Rewards Card ($49 annual fee, earns 1 point per dollar up to 10,000 points/month, QuickBooks integration, ID theft protection) for businesses.
• Visa Gift Cards Prepaid gift cards usable everywhere Visa debit cards are accepted in the U.S., available in denominations $10 to $1,000, can be personalized with company logos, issued by Pathward N.A.
• Online & Mobile Banking Digital banking platform providing 24/7 account access via computer and smart devices with real-time balances, fund transfers, mobile check deposits (up to $5,000/day, $25,000/month), bill pay, card management, stop payments, 24-month statement history, Apple Watch app, and eStatements for individuals and businesses.
• Treasury Management Services Comprehensive treasury management suite including ACH origination, Same Day ACH, sweep accounts, Positive Pay fraud prevention, online wire origination, lockbox services, remote deposit capture, merchant services, and Autobooks invoicing for businesses.
• Mortgage Lending Home mortgages, home equity loans, home refinancing, first-time homebuyer programs, down payment assistance, and pre-qualifying services for individual consumers.
• Wealth Management Services Private banking, trust administration, estate planning, probate administration, oil/gas/mineral management, investment management, real estate management, family office services, and 1900 Wealth division offerings for high-net-worth individuals and families.
• Personal Loans Personal lines of credit, secured and unsecured loans, and auto/boat loans for individual consumers.

Quantifiable outcome

• Record $12.6M net income in 2025, up 10.8% year-over-year
• +3 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature5 records

Partnerships

Five partnerships are on record, tiered supporting and core.

• AutobookssupportingTechnology or IntegrationInvoice and payment processing platform integrated with Jefferson Bank's business banking services. Enables businesses to create invoices and accept debit/credit card and electronic bank transfer payments.
• Pathward, N.A.supportingTechnology or IntegrationIssuing bank for Jefferson Bank Visa Gift Cards. Cards are issued by Pathward pursuant to license from Visa U.S.A. Inc.
• Sanger & AltgeltcoreStrategic or Co-development PartnerInsurance subsidiary of Jefferson Bank providing comprehensive risk management, insurance products, and bond solutions. Over a century of experience serving South Texas businesses and individuals.
• VisacoreTechnology or IntegrationVisa card network partnership enabling Jefferson Bank's Visa debit and credit card products, including contactless payments, Visa Click to Pay, and Visa Zero Liability Coverage.
• MastercardcoreTechnology or IntegrationMastercard partnership for business credit cards providing rental car collision damage waiver protection and other MasterCard benefits.

Scale indicators10 records

Recent moves4 records

Expansion highlights6 records

Direct peers

• Frost Bank: Frost Bank is a Texas-chartered commercial bank headquartered in San Antonio, offering personal banking, business banking, treasury management, and wealth management services across Texas. It is the most direct competitor to Jefferson Bank in the same San Antonio market with overlapping branch footprints, comparable relationship-banking model, and similar target customer base of businesses and high-net-worth individuals.
• Broadway Bank: Broadway Bank is a San Antonio-based family-owned community bank founded in 1941, providing personal, business, and wealth management services. It is directly comparable to Jefferson Bank as a fellow San Antonio-headquartered multi-generational family-owned community bank targeting similar SMB and consumer segments.
• Texas Capital Bank: Texas Capital Bank is a Texas-headquartered commercial bank offering business banking, treasury management, and wealth management services. While larger than Jefferson Bank, it competes in the same Texas geography for commercial lending, treasury management, and private banking clients in San Antonio and Austin.
• Extraco Banks: Extraco Banks is a Central Texas-based community bank serving the I-35 corridor including Austin-area markets. It is comparable to Jefferson Bank as a Texas community bank providing personal, business, and agricultural lending with similar relationship-banking positioning and overlapping geographic markets (Austin, New Braunfels area).
• Prosperity Bank: Prosperity Bank is a Texas-based community bank operating across multiple Texas markets, offering personal and business banking services. It is comparable to Jefferson Bank as a Texas community bank with similar branch-based distribution and SMB/commercial customer focus, with overlapping markets in South and Central Texas.
• International Bank of Commerce (IBC Bank): IBC Bank is a Texas-based community bank with significant San Antonio presence, offering personal, business, and commercial banking services. It directly competes with Jefferson Bank in the San Antonio market for SMB and consumer customers, with comparable product suite and community banking positioning.

Broad incumbents

• Comerica Bank: Comerica is a large regional commercial bank with a significant Texas presence, particularly in commercial and small business banking. It serves as a broader incumbent competing for the same mid-size business and treasury management customers that Jefferson Bank targets, though from a substantially larger scale and broader geographic footprint.
• Bank of America: Bank of America is a national incumbent with significant presence in San Antonio and Austin, offering the full spectrum of retail, business, treasury, wealth, and insurance services. It represents the larger-scale competitive context that Jefferson Bank operates against for both retail and small business banking customers in its core markets.

Regional players

• First United Bank: First United Bank is a Texas and Oklahoma community bank with comparable personal and business banking offerings including treasury management and lending. It is comparable in business model and target segments to Jefferson Bank, though it primarily serves North Texas and Oklahoma rather than the San Antonio-Austin corridor.
• Happy State Bank (FirstBank Southwest): Happy State Bank is a Texas Panhandle-based community bank focused on relationship banking with personal, business, and agricultural lending. It is comparable in community banking business model and family-style service orientation to Jefferson Bank, though serving a different Texas geography without direct market overlap.

Market position

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/jeffersonbank
• LinkedInlinkedin.com/company/jeffersonbank

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Jefferson Bank