Platte Valley Bank

What Platte Valley Bank does

Platte Valley Bank is a privately held, family-controlled community bank operating under Platte Valley Companies, headquartered in Scottsbluff, Nebraska, with a multi-state footprint spanning Western Nebraska, Eastern Wyoming, and Colorado. The bank offers a full suite of retail and commercial banking products, including tiered personal checking and savings accounts, consumer and mortgage lending, agricultural lending, business banking with treasury management and merchant services, and trust and estate services. Its agricultural banking arm (Platte Valley Ag Credit) and dedicated Farm & Ranch Management program, alongside the Beginning Farmer/Rancher financing product, position it as a specialized ag lender within its rural service area.

Distribution is anchored by 15+ full-service branches plus an ATM network placed at healthcare, education, and retail sites, complemented by a digital banking platform that includes online and mobile banking, mobile deposit, Zelle P2P payments, PVBudget personal finance tools, digital wallet integration (Apple Pay, Google Pay, Samsung Pay), and 360Control business card management. Merchant services are delivered through a Clover/First Data partnership.

Revenue is generated primarily through net interest income from the loan portfolio, supplemented by deposit service charges, overdraft and insufficient funds fees, merchant discount income, treasury management fees, and trust services revenue. Pricing is tiered across checking and savings products (with relationship-balance waivers), and the bank competes on local decision-making, personal relationships, and community involvement rather than scale or technology differentiation. Leadership rests with the Kosman family, including Hod Kosman as Chairman/CEO, with separate Presidents overseeing Wyoming and Colorado operations.

Name

Platte Valley Bank

Legal name

Platte Valley Companies

Website

https://pvbank.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

101–250 employees

Short description

Platte Valley Bank is a privately held community bank serving individuals, businesses, and agricultural producers across Western Nebraska, Eastern Wyoming, and Colorado through 15+ branches, digital banking, and affiliated ag, mortgage, insurance, and equipment financing services.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (522180)

SIC

State Commercial Banks (6022), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Agricultural & Rural Cooperatives (Farm Credit/Co-op Banks) (FSABAEAG)

Keywords

• Community banking services
• Agricultural lending
• Consumer loan products
• Mortgage lending
• Treasury management services

Headquarters

HQ city

Scottsbluff

HQ country

United States

HQ region

North America

Offices17 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Net Interest Income: Interest income from lending activities including consumer loans, home loans, business loans, agricultural loans, and credit cards. Primary revenue source for community bank.
2. Checking Account Fees: Monthly service charges on certain checking accounts (e.g., $15 monthly charge on LEGACY Checking unless balance requirements met), paper statement fees ($3/month)
3. Overdraft and Insufficient Funds Fees: Overdraft fees of $30 per overdrawn item up to $90 per day for Bounce Protection service. $5 fee per transfer for Savings Overline Service.
4. Commercial and Business Banking Services: Fees from business checking accounts, treasury management services, merchant card services, and business credit cards
5. Merchant Services: Discount rates based on percentage of credit card sales charged to merchants for payment processing services
6. Agricultural Lending: Specialized agricultural loans for farm real estate, breeding livestock, equipment, and operating expenses
7. Trust Services: Living trust services including investment management, estate planning, and trustee services

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels6 records

Core offering

Platte Valley Bank is a community bank providing personal and business banking services through physical branches and digital channels in Western Nebraska and Eastern Wyoming. Core offerings include deposit accounts, consumer and mortgage loans, business banking and treasury management, agricultural lending, credit cards, trust and estate services, and merchant services through a Clover partnership.

Product overview

Platte Valley Bank is a community bank offering a comprehensive suite of personal and business banking products through a network of branches in Nebraska and Wyoming. The bank's core offerings include multiple checking account types (CORE, HONOR, LEGACY, NEXT Checking) and savings options (SIMPLE Savings, NEXT Savings, SMART Money Market, CDs, HSAs, IRAs) for personal customers, complemented by consumer loans, motor vehicle loans, and mortgage lending including USDA, VA, and construction loans. For business customers, the bank provides Business Access and Advantage Checking, Business Savings and Money Market accounts, along with term loans, commercial real estate loans, construction financing, lines of credit, and Letters of Credit. Treasury Management services include Remote Deposit Capture, ACH Origination, and Positive Pay fraud protection. The bank also serves the agricultural community with Ag Real Estate Loans, Breeding Livestock & Equipment Loans, Operating Loans, Beginning Farmer/Rancher Financing, and Farm & Ranch Management services. Digital banking is delivered through an online and mobile platform featuring PVBudget personal finance tools, mobile deposit, Zelle P2P payments, and integration with digital wallets (Google Pay, Apple Pay, Samsung Pay). The bank operates affiliates including PV Mortgage Company, Platte Valley Ag Credit, C.H. Brown Co., LLC, and J.G. Elliott Insurance Center.

Differentiator

Problem solved

Functional benefit

Brands

• PV Mortgage Company: Real estate, commercial financing and refinancing services
• Platte Valley Ag Credit
• Potter State Bank
• Kimball State Bank
• Mountain Valley Bank

Products and services

• CORE Checking Basic personal checking account with no minimum balance to open, no monthly service charge, and free eStatement for everyday consumer banking.
• HONOR Checking Checking account for customers age 62 or better, or active or retired military and veterans, with interest-earning tier starting at $500 minimum daily balance, free statements, and free logo checks.
• LEGACY Checking Relationship-oriented personal checking with $15 monthly service charge waived when maintaining $1,500 daily balance, $500+ in qualifying direct deposits, or $25,000+ combined relationship balances, plus tiered interest earning.
• NEXT Checking Checking account for customers age 24 or younger with no minimum balance to open or maintain, no monthly service charge, and free eStatement or paper statement.
• SIMPLE Savings Personal savings account with $5 monthly service charge waived with $500 minimum balance or $25,000+ combined relationship balances, tiered interest, and up to 10 withdrawals per cycle.
• NEXT Savings Savings account for customers age 24 or younger with no minimum balance, no monthly service charge, interest earned on all balances, and no withdrawal limits.
• SMART Money Market Personal money market account requiring $1,000 minimum balance to earn tiered interest and waive the monthly service charge.
• Certificates of Deposit Time deposit accounts with $1,000 minimum deposit to open, offering competitive fixed rates with early-withdrawal penalties.
• Health Savings Account (HSA) Tax-exempt trust or custodial account used to pay or reimburse qualified medical expenses under IRS regulations.
• Traditional IRA Individual retirement account for individuals younger than 72 with compensation, allowing annual tax-year contributions.
• Roth IRA Individual retirement account allowing nondeductible contributions with tax-free withdrawals after a five-year holding period for qualifying distribution reasons.
• SEP IRA Simplified Employee Pension IRA allowing employers, including self-employed individuals, to contribute to traditional IRAs set up for employees.
• Consumer Loans Personal installment loans for cars, trucks, home remodeling, college education, vacations, and other personal uses, with most approvals issued within 24 hours and optional payment protection.
• Motor Vehicle Loans Financing for personal vehicle purchases with flexible terms, local decision-making, and competitive rates.
• Home Loans (Mortgage Lending) Residential mortgage lending including USDA/NIFA first-time home buyer loans, VA loans, in-house flexible loans, secondary market products, construction financing, home equity loans, bridge loans, and Home Equity Line of Credit, with most mortgages requiring less than 5% down payment.
• VISA Rewards Card Personal VISA credit card earning 1 point per dollar spent with no annual fee, worldwide acceptance, and mobile wallet capabilities.
• VISA Merit Card Personal VISA credit card for individuals with limited credit history or past credit problems, with no annual fee, worldwide acceptance, and a requirement to establish a PVB Savings Account after approval.
• Digital Banking (Online & Mobile) Comprehensive digital banking platform including mobile app, online banking, bill pay, mobile deposit, secure chat with bank staff, account alerts, Zelle P2P payments, digital wallet integration, and PVBudget personal finance tools.
• Trust Services Personal trust and estate planning services including living trusts, investment management, estate review, will review, and trustee services led by a team of CTFA-credentialed officers.
• Bounce Protection Discretionary overdraft service providing a safety net up to an automatically assigned limit for checks and automatic bill payments, with a $30 overdraft fee per item up to $90 per day.
• Savings Overline Service (SOS) Overdraft protection that transfers funds from Regular Savings or Money Market accounts to checking when insufficient, with a $5 fee per transfer.
• Credit Line Checking

Quantifiable outcome

• Free ATM access anywhere with foreign transaction surcharge reimbursement
• +3 more outcomes

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature7 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Mountain Valley BankminorOthersMountain Valley Bank is an affiliate company under Platte Valley Companies. Located in Walden, Colorado with locations in Meeker, Steamboat Springs, and Hayden, Colorado. Mountain Valley Insurance Center (North Park Agency) is also part of the affiliate network.
• C.H. Brown Co., LLCcoreOthersFamily-owned banking company and subsidiary of Platte Valley Companies based in Wheatland, WY. Specializes in financing mobile and stationary equipment for agricultural, industrial, transportation, and construction industries. Joined Platte Valley Companies in April 2008.
• J.G. Elliott Insurance CentercoreOthersInsurance company acquired by Platte Valley Companies providing commercial, personal, life & health, and agricultural insurance products. Located in Morrill, NE with satellite locations in Mitchell and McBrayer.
• Raymond James Financial ServicescoreOthersSecurities and investment advisory services offered through Raymond James Financial Services, Inc. (Member FINRA/SIPC). Platte Valley Investment Center provides access to Raymond James advisors for investment management, financial planning, and brokerage services.
• GreenPath Financial WellnesscoreGTM or Marketing PartnerFinancial wellness partner providing free educational resources to Platte Valley Bank customers including credit counseling, webinars on financial wellness, debt management education, and credit score improvement resources. GreenPath is a national financial wellness organization.
• Clover (First Data)coreTechnology or IntegrationClover point-of-sale merchant services platform used by Platte Valley Bank's Corporate Merchant Services Division to provide payment processing for businesses. 360Control Card Management system also powered by First Data.
• FSA (Farm Service Agency)coreOthersUSDA Farm Service Agency provides loan guarantees for agricultural loans including farm ownership and operating loans. Platte Valley Bank utilizes FSA guarantees to support beginning farmers and agricultural producers who may not otherwise qualify for conventional financing.

Scale indicators4 records

Recent moves11 records

Expansion highlights6 records

Broad incumbents

• First National Bank of Omaha: Large Nebraska-headquartered bank with statewide and multi-state branch presence, offering commercial, ag, mortgage, and wealth services. Closest large in-region incumbent with overlapping ag lending, business banking, and consumer product set against Platte Valley's footprint.
• Heartland Financial USA (HTLF): Multi-state community banking holding company with banks across the Midwest and West, including ag and business banking. Comparable community-bank holding company structure with multi-brand roll-up strategy.
• First Interstate Bank: Large regional bank with branches across the Western and Midwestern US including Wyoming markets, offering commercial, ag, mortgage, and wealth services. Comparable regional incumbent serving overlapping Wyoming geography.
• Wells Fargo: National bank with branch presence across Nebraska and Wyoming including consumer, business, mortgage, and ag lending products. Broad incumbent providing digital and physical competition for PVB's full product set.
• Bank of the West (BNP Paribas): Regional commercial bank with multi-state presence including ag lending, small business, and consumer banking in the Midwest and West. Overlapping ag and consumer product set with multi-state footprint.
• U.S. Bancorp (US Bank): Large national bank with full-service branch presence in Nebraska and Wyoming, including ag, mortgage, business banking, and wealth services. Broad incumbent competing for the same consumer and business customers.

Direct peers

• Great Western Bank: Community bank with multi-state presence across the Midwest and Western US including agricultural lending and small-business banking. Direct peer serving similar rural/ag markets with comparable product set.
• Farm Credit Services of America: Farm Credit System lender providing ag real estate, operating, and equipment loans across Nebraska, Iowa, South Dakota, and Wyoming. Direct competitor in PVB's core agricultural lending franchise.
• Pinnacle Bank (PINNACLE BANCORP INC): Nebraska-based community bank with branches across Nebraska and surrounding states, strong ag lending, and similar community-banking model. Closest direct comparable in scale, geography, and product mix.
• Security First Bank: Nebraska-based community bank serving rural Nebraska markets with consumer, business, and ag lending. Direct community-bank peer operating in similar geography with comparable scale and product mix.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

• Xx.com/pvbank

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries5 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 Platte Valley Bank