Central Bank and Trust

What Central Bank and Trust does

Central Bank & Trust is a privately held community bank founded in 1890 in Lander, Wyoming, operating five branch locations across the state in Lander (headquarters), Riverton, Cheyenne, Fort Washakie, and Thermopolis. The bank provides a full suite of traditional personal and business banking products: personal and business checking (SimplifiedChecking, PersonalChecking, Simplified Business, Business Checking, NowAccount), savings and money market accounts, Health Savings Accounts, senior and youth-targeted deposit products, plus a debit card offering built on EMV chip technology with the MyCardRules mobile control app. Its lending products span consumer loans, residential mortgages (Conventional, VA, FHA, USDA, construction-to-permanent, refinance, cash-out), commercial term loans, commercial real estate, commercial revolving credit and construction lending, SBA loans, and agricultural lending for farmers and ranchers. Distribution combines in-branch relationship banking (staff know customers by name per the company's positioning), 24-hour phone banking, 24-hour drive-up ATM at Thermopolis, online banking at login.centralbanktrust.com, and iOS/Android mobile apps with Mobile Deposit, Bill Pay, E-Statements, and QuickBooks integration for small business customers.

The bank employs 35+ individuals, including commercial and residential lenders stationed at each branch (NMLS-licensed). Revenue mechanics are interest-driven across the loan portfolio (real estate, commercial, consumer, agricultural, SBA) and fee-driven via monthly account service fees ($2 to $15), per-check charges ($0.10 to $0.25), $1.00 mobile deposit fees, 12% annual interest on uncollected business balances, NSF and overdraft charges, and foreign item processing. The bank holds FDIC insurance, NMLS#420276, and Equal Housing Lender status; the marketing motion is sales-led and relationship-driven with community engagement via Facebook and Instagram. There is no parent company, no external equity or debt funding disclosed, no subsidiaries, and no API or developer platform, consistent with an independently operated community depository institution.

Technology is conventional digital banking infrastructure — there are no AI/ML capabilities disclosed, no public or partner-facing API, and no proprietary fintech platform. Strategic positioning leans on 130+ years of brand heritage, staff-customer personal recognition, and depth in Wyoming-specific lending verticals (SBA, agricultural) where local knowledge is a competitive advantage. No IPO, M&A, or expansion into new states is signaled; the footprint is intentionally Wyoming-concentrated across small and mid-sized communities.

Name

Central Bank and Trust

Legal name

Central Bank & Trust

Website

https://centralbanktrust.com

Company type

Private

Founded year

1890

Operating status

Operating

Headcount range

101–250 employees

Short description

Central Bank & Trust is a privately held Wyoming community bank founded in 1890, operating five branches in Lander, Riverton, Cheyenne, Fort Washakie, and Thermopolis. It offers personal and business deposit accounts, consumer and residential mortgages, SBA, agricultural, and commercial lending to Wyoming consumers, small businesses, and agricultural operators.

Ownership category

akta.pro rank

Headquarters

HQ city

Lander

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, Others

Revenue model

1. Interest Income: Interest earned on loans including real estate, commercial, consumer, agricultural, and SBA loans. Interest paid on deposits including savings and money market accounts.
2. Service Fees: Monthly service fees on accounts (e.g., $5 Business Checking, $10 NowAccount, $15 Money Market, $2 Savings). Fees for check writing, transfers exceeding limits, and paper statements.
3. Transaction Fees: Fees for mobile check deposits ($1.00 per check), foreign item processing, and overdraft/NSF charges.
4. Interest on Uncollected Balances: 12% annual interest charge on uncollected balances for Business Checking accounts.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Central Bank and Trust is a Wyoming-based community bank founded in 1890 that provides personal and business deposit accounts (checking, savings, money market, health savings), consumer and residential real estate lending, and commercial/SBA/agricultural lending. Banking services are delivered through five physical branches across Wyoming, supplemented by online banking, mobile apps, debit cards, bill pay, mobile deposit, and QuickBooks integration.

Product overview

Central Bank & Trust is a community bank headquartered in Wyoming, established in 1890, offering a unified suite of traditional banking products and services across five branch locations. The portfolio consists of personal and business deposit accounts (checking and savings variants including Health Savings Accounts, Money Market, and the Mighty Moose children's savings), debit card services (EMV chipped cards with MyCardRules mobile controls), digital banking (Online Banking, Mobile Deposit, Bill Pay, E-Statements), and comprehensive lending products spanning consumer lending, residential real estate lending, and commercial/agricultural lending. QuickBooks integration is available for business accounting synchronization. The bank emphasizes community banking with personal interaction rather than a platform-plus-modules software architecture.

Differentiator

Problem solved

Functional benefit

Products and services

• Simplified Checking Personal checking account with a simple fee structure and basic features for everyday personal banking needs.
• Personal Checking Standard personal checking account for individual consumers, requiring $500 daily balance or $1,250 average collected balance to waive monthly service fees.
• Golden Senior Checking Checking account for customers 55 years of age or older offering unlimited check writing, monthly interest compounding, free money orders and cashier's checks, discounted safety deposit box, and CD access for medical emergencies.
• Health Savings Account Tax-advantaged savings account for individuals with high-deductible health plans, including debit card access, online/mobile banking, e-statements, and no annual or monthly fees.
• Mighty Moose Savings Savings account for children 12 years and younger, offering interest, monthly statements, and prizes/awards for saving milestones.
• Simplified Business Checking Business checking account with $0 monthly service fee designed for small businesses with limited transactions; check writing at $0.25 per item after first 25.
• Business Checking Business checking account with a $5 monthly service fee, per-check pricing ($0.15 per check paid, $0.08 foreign items), and 12% annual interest on uncollected balances.
• NowAccount Interest-bearing business checking requiring $1,500 minimum deposit and balance, exclusively available to sole proprietors, non-profits, and government agencies.
• Money Market Account Business money market savings account requiring $2,500 minimum deposit, $15 monthly service fee, earning monthly interest, with up to 6 free transfers per month.
• Business Savings Account Business savings account with $100 minimum deposit, $2 monthly service fee, $250 minimum balance requirement, and quarterly interest payments.
• Commercial Construction Lending Commercial loans for businesses undertaking construction projects, provided by CB&T's commercial lending team across Wyoming.
• Commercial Revolving Credit Revolving credit lines for companies with fluctuating cash flow needs, offered through CB&T commercial lending.
• Commercial Real Estate Lending Real estate financing solutions for businesses acquiring or developing commercial property, offered by CB&T commercial lenders.
• Commercial Term Loans Fixed-term loans for businesses seeking to consolidate debt or expand operations, underwritten by CB&T commercial lenders.
• SBA Lending Small Business Administration loan programs supporting small business growth, operations financing, and day-to-day working capital needs.
• Agricultural Lending

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature6 records

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Pinnacle Bank: Pinnacle Bank is a Nebraska-based community bank with multi-state Mountain West operations including Wyoming branches. It offers an almost identical suite of personal/business deposit products, consumer and commercial lending, and digital banking capabilities, making it a directly comparable community bank peer for CB&T.
• Bank of Jackson Hole: Bank of Jackson Hole is a Wyoming-based community bank serving the Jackson Hole market with personal and business banking, lending, and digital services. It is highly comparable to CB&T as a Wyoming-headquartered community bank with relationship-driven service and a similar product set.
• Jonah Bank of Wyoming: Jonah Bank of Wyoming is a Casper-based community bank offering personal and business banking, commercial lending, and digital services across Wyoming. It directly competes with CB&T in the same Wyoming geography with a comparable community-bank value proposition and product breadth.
• Hilltop National Bank: Hilltop National Bank is a Wyoming-chartered community bank headquartered in Casper serving consumer and business customers across the state. It is directly comparable to CB&T in scale, geographic focus, and product mix as a Wyoming community bank peer.
• First Northern Bank of Wyoming: First Northern Bank of Wyoming is a Buffalo-based Wyoming community bank offering personal and business banking with a relationship-driven sales motion. It is a direct peer to CB&T as a small Wyoming community bank serving local consumers, businesses, and agricultural customers.
• Stock Yards Bank & Trust: Stock Yards Bank & Trust is a Louisville, Kentucky-based community bank offering personal banking, business banking, and wealth management with a relationship-driven model. It is comparable to CB&T as a similarly-sized privately held community bank with a comparable product suite and sales motion, though in a different geography.

Broad incumbents

• First Interstate Bank: First Interstate Bank is a regional bank holding company with extensive Wyoming branch presence offering personal, business, and wealth services across multiple states. It is comparable to CB&T as a Wyoming community/regional bank, but at significantly larger scale and broader geographic footprint, positioning it as a broad incumbent competitor and potential consolidator.

Regional players

• Glacier Bank: Glacier Bank is a Montana-based regional bank holding company with community bank subsidiaries across the Mountain West including Wyoming. It is comparable to CB&T as a community-bank operating model, though at meaningfully larger scale and across a wider geography, serving as a regional consolidator peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/centralbanktrust
• Instagraminstagram.com/centralbanktrust

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Central Bank and Trust