Savings Bank of Mendocino County

What Savings Bank of Mendocino County does

Savings Bank of Mendocino County is a privately held, California-chartered community bank founded in 1903 and headquartered in Ukiah, California. It is the only bank chartered and headquartered in Mendocino County, serving individuals, small businesses, and commercial clients across Mendocino and Lake Counties in rural Northern California. The bank distributes its services through 9 physical branches, 15 video teller machines, and an Apiture-based digital banking platform supporting online account opening, mobile banking, and secure transactions with TLS encryption and multifactor authentication.

The bank's product portfolio spans four core segments: Personal Banking (checking, savings, mortgages, home equity loans, HELOCs, auto loans, RV loans, and construction/manufactured home financing), Business Banking (checking, savings, small business loans, and merchant cards), Commercial Banking (commercial checking, savings, and lending), and Investment Services (CDs and IRAs offered through a Raymond James partnership). It also operates financial wellness and security ecosystems through integrations with Banzai, SavvyMoney, and Trusteer.

The bank generates revenue primarily through net interest income from its diversified lending portfolio (mortgage, home equity, personal, auto, RV, commercial, and construction loans), supplemented by deposit account fees, credit and debit card interchange, and referral revenue from the Raymond James investment services partnership. Its go-to-market is community-driven, relying on local decision-making, word-of-mouth referrals, community event sponsorships, and digital channels, with leadership under President & CEO Stacy Starkey and EVP/Chief Banking Officer Rena Macapagal.

Name

Savings Bank of Mendocino County

Legal name

Savings Bank of Mendocino County

Website

https://savingsbank.com

Company type

Private

Founded year

1903

Operating status

Operating

Headcount range

251–500 employees

Short description

Community bank founded in 1903 and headquartered in Ukiah, California, serving individuals, small businesses, and commercial clients across Mendocino and Lake Counties through 9 branches, 15 video teller machines, and Apiture-based digital banking.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Savings Institutions and Other Depository Credit Intermediation (522180)

SIC

Savings Institutions, Not Federally Chartered (6036)

akta.pro primary industry

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

akta.pro secondary industries

Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE), SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC), Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL)

Keywords

• Community banking services
• Consumer lending products
• Commercial banking solutions
• Mortgage and home equity loans
• Investment services

Headquarters

HQ city

Ukiah

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Lending: Traditional banking revenue from interest earned on mortgage loans, home equity loans, personal loans, auto loans, commercial loans, and business loans
2. Deposit Account Fees and Services: Fees from deposit accounts, checking accounts, savings accounts, and related banking services
3. Investment Products (Raymond James): Revenue from investment services offered through partnership with Raymond James including certificates of deposit, individual retirement accounts, and other investment products
4. Credit Card Revenue: Fees and interchange revenue from personal and business debit and credit cards

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Savings Bank of Mendocino County is a community bank offering personal, business, and commercial banking services including checking and savings accounts, mortgages, home equity loans, auto loans, business loans, and investment products through Raymond James. The bank operates 9 branches and 15 video teller machines across Mendocino and Lake Counties in Northern California, complemented by online and mobile banking platforms.

Product overview

Savings Bank of Mendocino County is a community bank offering a comprehensive suite of banking products and services. The bank's offerings are organized into four core business segments: Personal Banking (deposit accounts, consumer lending, and everyday banking services), Business Banking (business checking, savings, and small business loans), Commercial Banking (commercial lending and deposit services), and Investment Services (CDs, IRAs, and Raymond James Investment Services). The bank also offers specialized mortgage and home equity products including purchase loans, construction loans, home equity loans, HELOCs, and manufactured home financing. Digital banking is provided through a partnership with Apiture for online banking, with additional mobile banking capabilities. The product portfolio is complemented by financial wellness tools, fraud prevention services, and multifactor authentication for security.

Differentiator

Problem solved

Functional benefit

Brands

• SBMC: Internal abbreviation for Savings Bank of Mendocino County used in online banking URLs and references.

Products and services

• Personal Banking Services Comprehensive personal banking services including deposit accounts (checking and savings), consumer lending (real estate, personal, auto, and RV loans), debit cards, online and mobile banking, and overdraft protection for individual customers.
• Business Banking Services
• Commercial Banking Services Commercial banking solutions including commercial checking, commercial savings, and commercial lending products for commercial entities and larger local businesses.
• Investment Services Investment products offered through partnership with Raymond James Investment Services, including Certificates of Deposit (CDs) and Individual Retirement Accounts (IRAs) for customers seeking wealth management solutions.
• Home Equity Loan Fixed-rate home equity loans tailored for homeowners, with amortization periods up to 15 years and combined loan-to-value up to 80% of appraised value, loan amounts $10,000 to $500,000.
• Home Equity Line of Credit (HELOC)
• Mortgage Loans
• 80-10-10 Home Purchase Loan
• First Time Homebuyer Program
• Construction Loans
• Manufactured Home Loans
• Online Banking
• Mobile Banking
• Fraud Prevention Services

Quantifiable outcome

• 9 branch locations and 15 video teller machines serving Mendocino and Lake Counties
• +2 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Raymond James Investment ServicescoreChannel Partner/ Reseller/ DistributorSavings Bank offers investment products and services through a partnership with Raymond James, including certificates of deposit, individual retirement accounts, and other investment advisory services. This partnership enables the bank to provide comprehensive wealth management and investment solutions to customers.
• BanzaiminorStrategic or Co-development PartnerSavings Bank has partnered with Banzai to provide interactive financial education tools for kids, teens, and adults to help learn about managing finances. The Banzai platform offers educational content aligned with the bank's financial wellness initiatives.
• Fannie MaecoreStrategic or Co-development PartnerSavings Bank participates in the housing finance system as a foundational lender, working with Fannie Mae to provide mortgage financing. The bank offers products that may be eligible for Fannie Mae backing, supporting affordable housing in the community.
• Integrity ShredminorGTM or Marketing PartnerSavings Bank partners with Integrity Shred to offer public document shredding events, helping customers protect against identity theft by securely disposing of confidential financial documents.
• Rainbow Agricultural ServicesminorStrategic or Co-development PartnerJim Mayfield, founder of Rainbow Agricultural Services since 1983, was appointed to the Board of Directors. His expertise in business development and local economic resilience supports the bank's strategic initiatives.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Wells Fargo: Major national bank with significant Northern California retail, mortgage, and small business presence. Competes with the subject bank in the same local deposit and mortgage markets but operates at vastly greater scale and product breadth.
• U.S. Bancorp: Large national banking group with material retail, small business, and mortgage operations throughout California. Competes for the same consumer and SMB relationships in Mendocino and Lake Counties as a broad incumbent rather than a community specialist.

Direct peers

• Umpqua Bank: Pacific Northwest-headquartered community bank known for a relationship-based retail and commercial banking model. Highly comparable philosophy around local decision-making and community reinvestment, with similar product breadth.
• Tri Counties Bank: Chico-headquartered community bank serving Northern and Central California with a comparable mix of personal, small business, and commercial banking plus mortgage lending. Highly comparable in scale, footprint philosophy, and community-bank model.
• Pacific Premier Bancorp: Irvine-based California-focused community bank holding company providing deposit, lending, and treasury management to small and middle-market businesses. Comparable in California community-bank orientation and small business/commercial banking emphasis.
• CVB Financial (Citizens Business Bank): Ontario-headquartered California community bank serving small and mid-sized businesses and consumers across Southern and Northern California. Comparable in community-banking model and full-service deposit/lending product suite.
• First Northern Bank of California: Auburn-based independent Northern California community bank of similar size offering deposit, lending, and digital services to consumers and small businesses. Directly comparable as a locally owned Northern California community bank.
• Redwood Credit Union: Santa Rosa-headquartered member-owned financial cooperative serving Sonoma, Marin, Napa, Mendocino, and Lake Counties with personal, business, and mortgage products. Directly overlapping in Lake and Mendocino Counties with comparable community-focused model.
• Westamerica Bancorporation: Publicly traded Northern California community bank holding company headquartered in San Rafael, providing deposit and lending services across Northern and Central California. Closely aligned in geography, customer base, and product mix.
• Bank of Marin Bancorp: Novato-based Northern California community bank focused on relationship banking for consumers, small businesses, and nonprofits. Directly comparable in Northern California geography, customer mix, and community reinvestment emphasis.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

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 Savings Bank of Mendocino County