Incommons Bank

What Incommons Bank does

Incommons Bank, N.A. is a privately held community bank headquartered in Mexia, Texas, operating six branches across Central Texas in Mexia, Waco, Fairfield, Coolidge, Mart, and Rosebud. Founded in the late 19th century (variously cited as 1882 or approximately 1894), the institution serves individual consumers, small-to-medium businesses, agricultural operations, sole proprietorships, and non-profits/municipalities with a full-service product suite spanning personal and business checking (Kasasa Cash at 6.00% APY, Kasasa Cash Back, InControl, Interest Checking, Commercial, Free, and Business Interest Checking), savings vehicles (Kasasa Saver, Regular Savings, CDs from 6 months to 5 years, IRAs, HSAs), and a comprehensive lending platform including conventional/VA/FHA/USDA mortgages, auto, personal, and construction loans on the consumer side, plus business term loans, commercial real estate, equipment, agricultural, and lines of credit on the commercial side. Supplementary services include merchant card processing for MasterCard/Visa/Discover/Amex, wire transfers, notary, safe deposit boxes, insurance referrals via insuranceaisle.com, and 24/7 telephone banking.

The bank's technology stack centers on a third-party digital banking platform (CSI, per mobile app identifier) supporting online and mobile banking for iOS and Android, mobile check deposit, bill pay, e-statements, and broad digital wallet acceptance across Apple Pay, Google Pay, Samsung Pay, Garmin Pay, and Fitbit Pay. Its flagship consumer deposit products run on the Kasasa platform, which enables the high-yield reward checking and savings structure. The bank's website holds AudioEye WCAG 2.2 Level AA accessibility certification, a relatively rare compliance posture among community banks. No proprietary technology, AI/ML models, or in-house platform development is evidenced.

The revenue model is conventional community bank economics: net interest income from loan portfolios (mortgages, auto, commercial real estate, equipment, agricultural) is the primary driver, supplemented by non-interest income from deposit account and transaction fees, ATM interchange, and merchant card processing margins. Deposit acquisition leverages Kasasa reward pricing to attract low-cost funding, and the bank cross-sells insurance through a referral partnership rather than underwriting. Distribution is omnichannel — branch-led relationship banking augmented by digital and telephone channels — targeting both consumer and SMB segments in a tightly defined Central Texas footprint.

Name

Incommons Bank

Legal name

Incommons Bank, N.A.

Website

https://incommonsbank.com

Company type

Private

Founded year

1894

Operating status

Operating

Headcount range

1–10 employees

Short description

Incommons Bank, N.A. is a privately held community bank operating six branches across Central Texas, offering personal and business deposit accounts, mortgages, commercial and agricultural lending, and digital banking services to consumers, SMBs, and farms in Mexia, Waco, and surrounding communities.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL)

Keywords

• Community banking services
• Personal banking products
• Commercial lending services
• Agricultural lending
• Small business banking

Headquarters

HQ city

Mexia

HQ country

United States

HQ region

North America

Offices6 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 from Loans: Primary revenue stream from interest earned on personal and business loans including mortgages, auto loans, construction loans, commercial real estate loans, equipment loans, and agricultural loans.
2. Deposit Account Fees and Interest: Revenue from various checking and savings account fees, ATM fees, and interest rate spreads on deposit accounts.
3. Commercial and Business Banking Services: Revenue from business checking accounts, merchant card services, and business lending products.
4. Certificate of Deposit Interest Spreads: Revenue from CDs offering various terms from 6 months to 5 years with competitive fixed rates.
5. Merchant Card Services: Processing fees from merchant card services accepting MasterCard, Visa, Discover, and American Express for business customers.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Incommons Bank is a community bank serving Central Texas through 6 branch locations, providing personal and business deposit accounts (checking, savings, CDs, IRAs, HSAs), consumer loans (mortgage, auto, home improvement, construction, personal), commercial lending (term loans, commercial real estate, equipment, agriculture, lines of credit), merchant card services, and digital/online banking. The bank operates on a 'handshake banking' philosophy emphasizing local decision-making and personalized service.

Product overview

Incommons Bank is a community bank offering a comprehensive suite of traditional banking products and services. The portfolio consists of personal and business checking accounts (Kasasa Cash, Kasasa Cash Back, InControl Checking, Interest Checking for personal; Commercial, Free, and Business Interest Checking for business), savings products (Kasasa Saver, Regular Savings, CDs, IRAs, HSAs), and diverse lending options (home mortgages including Conventional/VA/FHA/USDA, auto loans, personal loans, construction loans for consumers; business term loans, commercial real estate loans, equipment loans, agriculture loans, and business lines of credit for businesses). Digital banking services include online and mobile banking with bill pay, mobile deposit, eStatements, and digital wallet support (Apple Pay, Google Pay, Samsung Pay, Garmin Pay, Fitbit Pay). Supplementary services include merchant card processing, telephone banking, wire transfers, safe deposit boxes, notary services, and insurance referrals. The bank operates 6 branches in Central Texas (Coolidge, Fairfield, Mart, Mexia, Rosebud, Waco) and is built on the Kasasa platform technology.

Differentiator

Problem solved

Functional benefit

Brands

• Kasasa Cash: High-interest checking account offering up to 6.00% APY on balances up to $20,000 with ATM fee refunds.
• Kasasa Cash Back
• Kasasa Saver

Products and services

• Free Kasasa Cash Checking

Quantifiable outcome

• Up to 6.00% APY on Kasasa Cash checking accounts (balances up to $20,000)
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

AI capability3 records

Feature3 records

Partnerships

One partnership is on record.

• KasasacoreTechnology or IntegrationKasasa provides the bank's flagship reward checking products including Kasasa Cash (6.00% APY checking), Kasasa Cash Back (5% cash back), and Kasasa Saver (3.00% APY savings). Kasasa is a financial technology partner that enables Incommons Bank to offer competitive reward products to attract and retain customers.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Prosperity Bancshares: Largest Texas-based community bank with extensive branch coverage and consumer/SMB banking. Operates in adjacent and overlapping Central Texas markets with a much broader product and scale profile.
• Texas Capital Bank: Texas-focused commercial bank serving businesses and consumers across major Texas metros. Comparable in commercial and consumer banking but operates at significantly larger scale with broader capabilities.
• Frost Bank: Major Texas regional bank with statewide consumer and commercial presence, including Waco-area branches. Overlaps with Incommons Bank's market but at substantially larger scale and broader product set.
• Cadence Bank: Regional bank with Texas presence offering consumer, commercial, and treasury services. Comparable in product breadth but significantly larger scale and broader geographic reach.

Direct peers

• VeraBank: Texas community bank operating branches across smaller markets, offering consumer and commercial banking with a similar relationship-led approach. Comparable in scope and target customer base.
• Extraco Banks: Texas-headquartered community bank with multiple branches across Central Texas serving consumers, small businesses, and ag customers. Directly comparable in scale, geography, and community-banking model to Incommons Bank.
• Citizens State Bank (Corsicana, TX): Independent community bank serving Central Texas markets including Corsicana with consumer and small-business banking focus. Comparable in geographic footprint and community positioning.
• Independent Bank (McKinney, TX): Texas-based community bank serving consumer, SMB, and commercial customers through a multi-branch network. Highly comparable in business model, customer segments, and community-banking philosophy.

Others

• Kasasa: Financial technology partner supplying the reward-checking platform (Kasasa Cash, Cash Back, Saver) that powers Incommons Bank's flagship consumer deposit products. Ecosystem partner rather than direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/IncommonsBank
• LinkedInlinkedin.com/company/incommons-bank

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Incommons Bank