ClearPoint
- Company typePrivate
- Founded1998
- HeadquartersBatesville, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
ClearPoint firmographics
Firmographics- Name
- ClearPoint
- Legal name
- ClearPoint Federal Bank & Trust
- Website
- https://clearpointfederal.com
- Company type
- Private
- Founded year
- 1998
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
ClearPoint industry classification
Industry- Product category
- Trust Administration Services (Death Care Banking)
- NAICS
- Trust, Fiduciary, and Custody Activities (523991), Trusts, Estates, and Agency Accounts (525920), Trusts, Estates, and Agency Accounts (52592), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Savings Institution, Federally Chartered (6035), Finance Services (6199)
- akta.pro primary industry
- Trust Administration & Fiduciary Accounting Services (FSAAANAF)
- akta.pro secondary industries
- Directed Trust & Trust Advisory Services (FSAAANAK), Corporate Trust Services (Trustee, Agent & Escrow Roles) (FSAEAKAB), Trust & Estate Tax Planning & Compliance (FSAEAKAE)
Keywords
Where ClearPoint is headquartered
LocationHeadquarters
- HQ city
- Batesville
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
ClearPoint business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Trust Administration Fees: ClearPoint generates revenue through trust administration fees charged to funeral homes and cemeteries for managing preneed funeral trust funds. As both trustee and recordkeeper, ClearPoint provides comprehensive reporting at the trust level and required reporting by firms' state regulators at the preneed contract level.
- Recordkeeping Services: Revenue generated from recordkeeping services for funeral and cemetery trusts, including contract administration, payment tracking, and regulatory compliance reporting.
- Investment Management: ClearPoint provides investment management services for trust funds, generating fees through portfolio management and investment selection for preneed and perpetual care trusts.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Other | Custom pricing based on trust size and service requirements |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
ClearPoint product offering
Product offeringCore offering
ClearPoint is a federally chartered savings bank that serves exclusively the death care industry as both trustee and recordkeeper. It administers preneed funeral contract trusts and perpetual care/endowment cemetery trusts, provides investment management for trust funds, performs comprehensive recordkeeping and state regulatory reporting, and exposes these capabilities through a dedicated client portal. As of June 2026, the business operates as ClearPoint Trust, a division of Community Bank, N.A., following its acquisition by Community Financial System, Inc.
Product overview
ClearPoint Federal Bank & Trust operates as a single, unified federally chartered savings bank dedicated exclusively to the deathcare industry. Rather than a platform-with-modules architecture, the company offers an integrated suite of trust administration services that includes preneed trust services, perpetual/endowment care trust services, investment management, recordkeeping, and regulatory/compliance support. All services are delivered through their core banking infrastructure, with clients accessing accounts via the Client Portal. The company was acquired by Community Financial System, Inc. in June 2026 and now operates as ClearPoint Trust under Community Bank, N.A.
Differentiator
Problem solved
Functional benefit
Products and services
- Preneed Trust Services Trust administration for pre-arranged (preneed) funeral contracts. Funeral homes deposit funds from purchasers; ClearPoint acts as trustee, manages investments, and provides required state regulatory reporting at the contract level. For funeral home and cemetery clients selling preneed contracts.
- Perpetual Care / Endowment Care Trust Services Trust administration for cemetery perpetual care and endowment care funds where a portion of plot purchase price is contributed to maintain the cemetery in perpetuity. For cemetery operators required to maintain such trusts under state law.
- Investment Management Investment management services for preneed and perpetual care trust funds, offering portfolio strategies and mutual fund models designed to grow and preserve trust assets. For funeral home and cemetery trust clients.
- Recordkeeping Services Comprehensive trust recordkeeping including tracking of preneed contracts, allocation of income, growth and fees, and state regulatory reporting. For funeral home and cemetery clients needing contract-level and trust-level records.
- Regulatory & Compliance Services Expertise and reporting support for preneed and perpetual care state laws, including contract requirements, trust fund compliance, and filings across 43+ state jurisdictions. For funeral home and cemetery compliance officers.
Quantifiable outcome
- Over $1.5 billion in assets under management
- +3 more outcomes
Companies that use ClearPoint
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
ClearPoint technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
ClearPoint partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Community Financial System, Inc. (CFSI)coreCommunity Financial System, Inc. completed its acquisition of ClearPoint Federal Bank & Trust for $39 million in an all-cash transaction on June 1, 2026. The acquired business now operates as ClearPoint Trust, a division of Community Bank, N.A., expanding Community Financial System's Nottingham Financial Group wealth management business. ClearPoint manages over $1.5 billion in assets and specializes in trust administration for the death care industry.
- Johnson Consulting GroupminorClearPoint is a Johnson Consulting Group Strategic Partner and participates in the Johnson Consulting Group Summit. This partnership provides opportunities to learn from industry leaders, business experts, and other partners while sharing ClearPoint's expertise with Summit attendees.
- National Funeral Directors Association (NFDA)minorClearPoint partnered with NFDA and TFDA (Texas Funeral Directors Association) on career development initiatives, including a registration giveaway for NFDA's Arranger Training Program. This partnership demonstrates ClearPoint's commitment to the advancement and success of funeral service professionals.
- Funeral Service FoundationminorClearPoint pledged to donate $25,000 to the Funeral Service Foundation over five years. The Foundation is the charitable arm of the National Funeral Directors Association, supporting funeral service in building meaningful relationships with families and communities.
Scale indicators6 records
Recent moves9 records
Expansion highlights5 records
ClearPoint competitors and assessment
Company assessmentDirect peers
- Homesteaders Life Company: Mutual life insurance company specializing in preneed funeral funding and trust administration. Directly comparable to ClearPoint in serving funeral homes nationwide with preneed contract management and trust services.
- Assurity Life Insurance: Mutual insurer with a dedicated preneed division providing funeral funding and trust administration solutions through funeral home partnerships. Direct competitor to ClearPoint's preneed services.
- Lincoln Heritage Life Insurance: Preneed funeral insurance and final expense provider with a national funeral home distribution network. Competes with ClearPoint on the funding/administration side of preneed contracts.
- Forethought Life Insurance (Global Atlantic Financial Group): Major preneed life insurance provider offering funeral trust and annuity products through funeral homes. Competes directly with ClearPoint in the preneed funding/administration space and shares historical naming lineage with ClearPoint's predecessor.
- National Guardian Life Insurance Group (NGL): Mutual insurer offering preneed funeral insurance and trust products. Comparable to ClearPoint as a specialist in death-care-adjacent trust and insurance solutions.
Broad incumbents
- StoneMor Partners: Public cemetery operator and preneed funeral provider with proprietary trust administration. Comparable to ClearPoint on perpetual care and preneed trust management for cemeteries.
- Busey Bank (Busey Wealth Management): Community bank with a wealth management/trust division that has served death care clients. Comparable to ClearPoint as a broad incumbent bank offering trust services including preneed and perpetual care.
- Service Corporation International (SCI): Largest North American funeral services and cemetery operator with captive preneed trust/insurance capabilities. Overlaps with ClearPoint on trust administration but at much larger scale and as part of an integrated operator model.
Emerging players
- Sentinel Security Life Insurance: Specialty insurer with preneed funeral and final expense products distributed through funeral homes. Niche overlap with ClearPoint's preneed administration client base.
- Foundation Partners Group: Private equity-backed death care consolidator operating funeral homes and cemeteries with internal preneed and trust capabilities. Emerging competitor for ClearPoint's B2B death care client base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
ClearPoint social profiles
Digital presenceClearPoint financial estimates
Financial estimateRevenue estimate
Valuation estimate
ClearPoint leadership team
Management profileNumber of profiles
Profiles8 records
ClearPoint funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ClearPoint 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 ClearPoint
What does ClearPoint do?
ClearPoint is a federally chartered savings bank that serves exclusively the death care industry as both trustee and recordkeeper. It administers preneed funeral contract trusts and perpetual care/endowment cemetery trusts, provides investment management for trust funds, performs comprehensive recordkeeping and state regulatory reporting, and exposes these capabilities through a dedicated client portal. As of June 2026, the business operates as ClearPoint Trust, a division of Community Bank, N.A., following its acquisition by Community Financial System, Inc.
Is ClearPoint a public or private company?
ClearPoint is a private company. It is classified as corporate owned and is currently acquired.
When was ClearPoint founded?
ClearPoint was founded in 1998. It employs 11 to 50 people.
Where is ClearPoint based?
ClearPoint is headquartered in Batesville, United States, in the North America region.
How does ClearPoint make money?
Three revenue lines are on record. Trust Administration Fees are the primary driver. The others are recordkeeping Services and investment Management.
Who are ClearPoint's main competitors?
Direct peers on record are Homesteaders Life Company, Assurity Life Insurance, Lincoln Heritage Life Insurance, Forethought Life Insurance (Global Atlantic Financial Group) and National Guardian Life Insurance Group (NGL). Broad incumbents are StoneMor Partners, Busey Bank (Busey Wealth Management) and Service Corporation International (SCI). Emerging players are Sentinel Security Life Insurance and Foundation Partners Group.
Does ClearPoint have an API?
No public API is recorded for ClearPoint.
What industry is ClearPoint in?
ClearPoint's product category is Trust Administration Services (Death Care Banking). Its primary akta.pro industry code is FSAAANAF, Trust Administration & Fiduciary Accounting Services, with a secondary code of FSAAANAK, Directed Trust & Trust Advisory Services. Its NAICS code is 523991 and its SIC code is 6035.