Silver Lake Bank

What Silver Lake Bank does

Silver Lake Bank is a privately held, family-owned community bank founded in 1909 in Silver Lake, Kansas, and headquartered at Jayhawk Plaza in Topeka. The Gideon family has controlled the institution since 1955, with Patrick Gideon serving as Chairman, President, and CEO, and multiple family members on the Board of Directors. The bank operates six full-service branches across Northeast Kansas — three in Topeka, one in Lawrence (relocated/expanded in March 2026), one in Silver Lake, and a loan production office in Overland Park serving the Kansas City Metro — supported by 51–100 employees.

The bank's core technology is the Silver Express E-Banking platform, providing online and mobile banking (iOS and Android) with 24/7 account access, mobile check deposit, P2P payments, bill pay, and text alerts, integrated with third-party tools including DocuSign, ShareFile, Zix, Microsoft Teams, and Zoom for remote customer service. Consumer deposit products center on the Kasasa rewards suite (Kasasa Cash up to 5.00% APY, Kasasa Cash Back, Kasasa Tunes, Kasasa Saver) delivered through a partnership with Kasasa; the bank also offers business checking, SBA loans (as an SBA Participating Lender), commercial and consumer lending, equipment financing, real estate loans, municipality loans, ACH processing, Remote Deposit Capture, and an IdentityForce identity-theft protection add-on. Member FDIC.

The revenue model combines net interest income from business, consumer, real estate, SBA, and equipment lending with fee income from deposit services, ATM fees, Kasasa-related interchange and rewards economics, merchant card services, and electronic payment processing. The go-to-market is a sales-led, relationship-banking model with local decision-making authority at each branch, supplemented by a customer referral program, community involvement, and a digital account-opening funnel. Primary customer segments are local small-to-medium businesses and individual consumers, with a secondary segment in municipal and public-entity banking across the Northeast Kansas region.

Name

Silver Lake Bank

Legal name

Silver Lake Bank

Website

https://silverlakebank.com

Company type

Private

Founded year

1909

Operating status

Operating

Headcount range

51–100 employees

Short description

Silver Lake Bank is a family-owned community bank founded in 1909 and headquartered in Topeka, Kansas, operating six branches across Northeast Kansas (Topeka, Lawrence, Silver Lake, and Overland Park) to deliver digital banking, Kasasa reward checking, SBA and commercial lending, and municipality banking to local consumers, small businesses, and public entities.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211), Savings Institutions and Other Depository Credit Intermediation (52218)

SIC

State Commercial Banks (6022)

akta.pro primary industry

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

akta.pro secondary industry

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

Keywords

• Community banking services
• Consumer lending products
• Small business banking
• SBA loan programs
• Digital banking platform

Headquarters

HQ city

Topeka

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: The bank earns interest income from lending activities including business loans, real estate loans, consumer loans, SBA loans, equipment financing, and lines of credit. Interest rates are a primary revenue driver.
2. Deposit Services and Fees: Fee income from deposit accounts, ATM fees, overdraft fees, and other banking service charges. The bank also pays interest on deposits.
3. Kasasa Account Program: Free checking accounts that generate revenue through deposit balances and debit card transaction volumes while paying rewards to customers

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels6 records

Core offering

Silver Lake Bank is a family-owned community bank that delivers deposit accounts (including the Kasasa rewards checking suite), consumer and commercial loans (home real estate, home equity, auto, SBA, equipment financing, lines of credit, business and municipality loans), and digital banking services (Silver Express online and mobile banking, remote deposit capture, ACH and electronic payment processing). It distributes these through six physical branches plus a loan production office across Northeast Kansas, supported by virtual-meeting remote service capabilities.

Product overview

Silver Lake Bank offers a unified community banking platform centered on relationship-based service combined with modern digital banking capabilities. The core product portfolio includes Silver Express E-Banking (online and mobile banking) and the Kasasa reward checking suite (Kasasa Cash Multi Level, Kasasa Cash Back, Kasasa Tunes, and Kasasa Saver) which drive customer engagement through cash back, interest, and entertainment rewards. Digital Bank Services provides virtual support through Microsoft Teams, Zoom, DocuSign, and ShareFile. The bank complements its deposit products with business and consumer lending (including SBA loans), identity protection services (IdentityForce), and Remote Deposit Capture. The unified platform approach integrates digital convenience with local decision-making across six branch locations serving Topeka, Lawrence, Overland Park, and Silver Lake, Kansas.

Differentiator

Problem solved

Functional benefit

Brands

• Kasasa: Free rewards checking accounts including Kasasa Cash, Kasasa Cash Back, Kasasa Tunes, and Kasasa Saver with cash back, ATM fee refunds, and interest earnings.
• Silver Express E-Banking

Products and services

• Kasasa Cash - Multi Level Checking
• Kasasa Cash Back Checking
• Kasasa Tunes Checking
• Kasasa Saver Savings
• Silver Express Online Banking
• Silver Express Mobile Banking App
• Business Checking Accounts
• SBA Loans & Programs
• Home Real Estate Loans
• Home Equity Loans
• Auto & CD Loans
• Consumer Credit Cards
• Consumer Savings & Investments
• Business Loan Options
• Business Line of Credit
• Business Real Estate Loans
• Equipment Financing
• Municipality Loans
• Business Credit Cards
• Business Savings & Investments
• Loyalty Debit Cards (Jr. Blues School & Topeka Zoo)
• Merchant Card & Electronic Payment Services

Quantifiable outcome

• Paid out more than $1,300,000 in rewards to customers since 2019 through Kasasa checking accounts
• +2 more outcomes

Named customers7 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

Integration10 records

Feature3 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Build for Good FoundationminorOthersSilver Lake Bank is working with the Build for Good Foundation, a 501(c)(3) nonprofit arm of a North Carolina customer, which is using funds to rebuild inaccessible mountain towns in Western North Carolina, Eastern Tennessee, and Southwestern Virginia following hurricane damage. The bank has contributed to this cause and encourages customers to donate through the organization's GoFundMe page.
• BombasminorOthersSilver Lake Bank partnered with Bombas (sock manufacturer) for community donations. For every item purchased, Bombas donates specially designed items to children in need. Silver Lake Bank acts as a giving partner, purchasing socks that are then donated to local grade schools in need.
• School Districts (Seaman, Washburn Rural, Rossville, Silver Lake, Topeka 501, Lawrence)minorOthersSilver Lake Bank partners with six local school districts through a Debit Card Loyalty Program. Money accrues to the school district each time someone uses their Jr. Blues debit card to make a purchase. There is no cost to the district or customers carrying the debit card. The bank also partners with the Topeka Zoo through this program.
• Lawrence Chamber of CommerceminorOthersThe Lawrence Chamber recognized Silver Lake Bank's new West Lawrence branch opening with a ribbon cutting ceremony at 4 p.m. on Thursday, March 26. The Chamber works with the bank on community milestones and business development initiatives.
• Community Organizations (Grow Food. Grow Health., O'Connell Youth Shelter, Junior Achievement, Cottonwood Inc.)minorOthersSilver Lake Bank actively supports Douglas County organizations that strengthen local families, youth, and food security, including Grow Food. Grow Health., O'Connell Youth Shelter, Junior Achievement, and Cottonwood Inc. The bank provides financial support and sponsorship for these community organizations.
• SBA (Small Business Administration)coreChannel Partner/ Reseller/ DistributorSilver Lake Bank is an SBA Participating Lender, authorized to originate PPP (Paycheck Protection Program) loans and other SBA loan programs. The bank actively marketed PPP loans during COVID-19, processing 364 loans worth $41.8 million.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Emprise Bank: Wichita-based community bank with a comparable relationship-banking model and full suite of consumer/commercial products. Similar asset scale and operating model across Kansas, making it a strong direct comparator for performance and growth.
• Intrust Bank: Wichita, Kansas-headquartered community bank offering consumer and commercial banking products including SBA loans, Kasasa-style reward checking, and digital banking. Comparable family-influenced institution targeting Kansas SMB and consumer segments.
• CoreFirst Bank & Trust: Topeka, Kansas-headquartered community bank serving consumers and small businesses across Northeast Kansas with comparable deposits, lending, and SBA loan offerings. Directly comparable by geography, customer segment (SMB and consumer), and family/community banking model.
• Capitol Federal Savings: Topeka-based Kansas-chartered savings bank with a similar community banking footprint, multi-branch distribution, and consumer/small-business deposit and lending focus. Direct geographic and product-line overlap with Silver Lake Bank.
• Equity Bank: Andover, Kansas-based community bank with a multi-branch Kansas/Missouri footprint, offering consumer and business banking, lending, and digital services. Comparable community banking franchise in similar Midwestern markets.
• CommunityAmerica Credit Union: Kansas City metro-area credit union serving consumers and small businesses with deposits, lending, and digital banking. Direct competition in the Overland Park/Kansas City market where Silver Lake Bank is currently expanding.

Regional players

• Meritrust Credit Union: Wichita-area credit union offering consumer and small-business banking across Kansas. Comparable product set and SMB-focused service model, though operating primarily in south-central Kansas rather than the Northeast Kansas/Silver Lake footprint.

Broad incumbents

• UMB Bank: Kansas City-headquartered regional bank with a much larger balance sheet and broader product suite (commercial, consumer, wealth, treasury management). Operates in the same Overland Park/Kansas City market Silver Lake Bank is expanding into, but at significantly greater scale and breadth.
• Commerce Bank: Large Kansas City-based commercial and retail bank with full national capability. Competes directly with Silver Lake Bank for consumer and SMB deposits and loans in the Kansas City metro footprint.
• FNBO (First National Bank of Omaha): Omaha-headquartered regional bank with a sizable Midwestern community bank franchise offering consumer, business, and SBA lending. Comparable scale and operating model, but with a broader geographic footprint and significantly larger balance sheet.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC2JReCD-hG1qHp6ZKCzJzug
• Facebookfacebook.com/SilverLakeBank
• LinkedInlinkedin.com/company/silver-lake-bank
• Instagraminstagram.com/silverlakebank
• Xx.com/silverlakebank

Revenue estimate

Valuation estimate

Number of profiles

Profiles22 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 Silver Lake Bank