Carrollton Bank
- Company typePrivate
- Founded1917
- HeadquartersCarrollton, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
Carrollton Bank firmographics
Firmographics- Name
- Carrollton Bank
- Legal name
- Carrollton Bank
- Website
- https://carrolltonbanking.com
- Company type
- Private
- Founded year
- 1917
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Carrollton Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- State Commercial Banks (6022), Personal Credit Institutions (6141)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industries
- Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB), Credit Cards & Revolving Credit (FSABAAAC), Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)
Keywords
Where Carrollton Bank is headquartered
LocationHeadquarters
- HQ city
- Carrollton
- HQ country
- United States
- HQ region
- North America
Offices11 records
Markets served
Carrollton Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Infrastructure, Technology or R&D, Operations, Marketing or Sales, Others
Revenue model
- Personal Banking Services: Traditional personal banking including checking accounts, savings accounts, money market accounts, HSAs, CDs, credit cards, and home loans
- Business Banking Services: Business checking, savings, money market accounts, and business credit cards for small business and commercial customers
- Lending Services: Home loans, home equity loans, and commercial lending products generating interest income
- Treasury Management: Cash management, fraud prevention tools, and payment processing services for business customers
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Association Checking - No minimum balance required |
| Subscription | Monthly | Business Interest Checking - $1,000 minimum balance |
| Subscription | Monthly | Business Checking - $2,500 minimum balance |
| Subscription | Monthly | Business Analysis - Contact for details |
| Freemium | Monthly | Free Checking - No fees with free debit card |
Distribution channels4 records
Marketing channels4 records
Carrollton Bank product offering
Product offeringCore offering
Carrollton Bank is an employee-owned community bank providing deposit products (checking, savings, money markets, CDs, HSAs), consumer lending (home loans, home equity, credit cards), and commercial banking services (business checking, treasury management, ACH/wire origination, Positive Pay, commercial loans) for individuals, small businesses, and mid-market commercial clients across Illinois and Missouri. It also offers digital banking access via web and mobile applications, supported by 11 branch locations and a 24/7 Illinois-based customer service team.
Product overview
Carrollton Bank offers a comprehensive banking platform serving both personal and business customers through a unified set of financial products and digital banking channels. The personal banking suite includes free checking, savings accounts, money market accounts, HSAs, CDs, credit cards, home loans, and home equity loans. Business banking services encompass specialized checking accounts (Association Checking, Business Interest, Business Checking, Business Analysis), business savings, business premium money market accounts, and treasury management tools. The bank extends its reach through multiple service channels: branch locations (11 offices across Illinois and Missouri), online banking via web browser, mobile banking through iOS and Android apps, and business-specific banking platforms. Core product modules include consumer lending, commercial/corporate banking, and treasury management services, all supported by fraud monitoring and protection systems.
Differentiator
Problem solved
Functional benefit
Products and services
- Free Checking A personal checking account with no minimum balance requirement, designed for everyday consumer banking customers of Carrollton Bank.
- Online Banking Web-based personal banking platform providing account access, bill pay, and account alerts for consumer customers.
- Mobile Banking Carrollton Bank mobile application available on iOS and Android, providing on-the-go account access, mobile deposit, and digital banking features for personal banking customers.
- Money Markets Personal money market deposit account for individual customers seeking interest-bearing savings with check-writing access.
- HSAs Health Savings Accounts offered as part of Carrollton Bank's personal deposit product lineup.
- Savings Accounts Personal savings accounts for individual customers as part of the bank's deposit product lineup.
- CDs (Certificates of Deposit) Personal certificates of deposit offered as part of Carrollton Bank's deposit product lineup.
- Home Loans Mortgage lending products for consumers, provided through Carrollton Bank's Home Lending division led by a dedicated President.
- Home Equity Loans Home equity lending products for consumer borrowers, offered as part of Carrollton Bank's consumer loan lineup.
- Credit Cards Personal credit card products offered by Carrollton Bank to consumer customers.
- Business Checking Small business and commercial checking account product with tiered minimum balance options ($100, $2,500, and $5,000) and a $300 new account opening bonus offer.
- Business Online Banking Web-based online banking platform for business customers with treasury management capabilities, ACH origination, wire transfers, Positive Pay, and remote deposit.
- Business Mobile Banking Mobile banking application experience tailored for Carrollton Bank's business customers.
- Business Money Markets Interest-bearing money market deposit accounts for business customers of Carrollton Bank.
- Business Savings Business savings accounts offered as part of Carrollton Bank's business deposit product lineup.
- Commercial Lending Commercial loan products offered to mid-market and business clients, overseen by the bank's Commercial Banking division and Chief Credit Officer.
- Treasury Management Services Treasury services including ACH origination, wire transfers, Positive Pay fraud prevention, remote deposit, and merchant card services for commercial and business clients.
Companies that use Carrollton Bank
Customer profileSegments3 records
Ideal customer profiles2 records
Carrollton Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature4 records
Carrollton Bank partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights5 records
Carrollton Bank competitors and assessment
Company assessmentBroad incumbents
- UMB Bank: Large regional bank with major presence in St. Louis and across the Midwest. Competes for commercial banking and treasury management relationships in Carrollton's footprint, but offers broader institutional capabilities.
- Commerce Bank: Large Kansas City-based regional bank with strong St. Louis metro presence. Overlaps on retail and business banking, including checking, savings, lending, and treasury management.
- Simmons Bank: Arkansas-headquartered regional bank with significant presence in Missouri and Illinois. Broader portfolio but directly competes for personal and business banking relationships across Carrollton's footprint.
Direct peers
- Midland States Bank: Midwest community bank offering commercial, retail, and wealth management banking across Illinois, Missouri, and surrounding states. Direct overlap in geography, products, and target customer base.
- Busey Bank: Illinois-based community bank offering personal, business, and wealth management services with branches across Illinois, Missouri, Indiana, and Florida. Overlaps with Carrollton Bank on personal/business banking and Midwest geography.
- First Mid Bancshares (First Mid-Illinois Bank & Trust): Illinois-headquartered community bank serving central and southern Illinois with full personal, business, and wealth management offerings. Comparable scale and community-banking model.
- Banterra Bank: Community bank headquartered in southern Illinois with branches across Illinois, Missouri, Indiana, and Kentucky. Comparable in regional Midwest footprint, community banking focus, and mix of personal and commercial banking services.
- Central Bank (Central Bancompany): Missouri-headquartered community banking group with branches across Missouri and western Illinois. Comparable in scale, community focus, and personal/business banking offering.
- Great Southern Bank: Midwest community bank headquartered in Springfield, MO with branches across Missouri, Illinois, and surrounding states. Similar community-banking positioning and product suite.
Emerging players
- Consumers Cooperative Credit Union: Illinois-based credit union offering consumer deposit and lending products to local members. Competes with Carrollton's retail banking franchise on free checking, savings, and loan products in the Illinois market.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Carrollton Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Carrollton Bank leadership team
Management profileNumber of profiles
Profiles16 records
Carrollton Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Carrollton 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 Carrollton Bank
What does Carrollton Bank do?
Carrollton Bank is an employee-owned community bank providing deposit products (checking, savings, money markets, CDs, HSAs), consumer lending (home loans, home equity, credit cards), and commercial banking services (business checking, treasury management, ACH/wire origination, Positive Pay, commercial loans) for individuals, small businesses, and mid-market commercial clients across Illinois and Missouri. It also offers digital banking access via web and mobile applications, supported by 11 branch locations and a 24/7 Illinois-based customer service team.
Is Carrollton Bank a public or private company?
Carrollton Bank is a private company. It is classified as management employee owned and is currently operating.
When was Carrollton Bank founded?
Carrollton Bank was founded in 1917. It employs 101 to 250 people.
Where is Carrollton Bank based?
Carrollton Bank is headquartered in Carrollton, United States, in the North America region.
How does Carrollton Bank make money?
Four revenue lines are on record. Personal Banking Services are the primary driver. The others are business Banking Services, lending Services and treasury Management.
Who are Carrollton Bank's main competitors?
Broad incumbents on record are UMB Bank, Commerce Bank and Simmons Bank. Direct peers are Midland States Bank, Busey Bank, First Mid Bancshares (First Mid-Illinois Bank & Trust), Banterra Bank, Central Bank (Central Bancompany) and Great Southern Bank. Consumers Cooperative Credit Union is listed as an emerging player.
Does Carrollton Bank have an API?
No public API is recorded for Carrollton Bank.
What industry is Carrollton Bank in?
Carrollton 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 FSABAAAB, Retail Lending (Personal Loans, Auto, Credit Lines). Its NAICS code is 52211 and its SIC code is 6022.