Lindell Bank

What Lindell Bank does

Lindell Bank & Trust Company, operating as Lindell Bank, is a privately held independent community bank founded in 1923 and headquartered at 6900 Clayton Avenue, St. Louis, Missouri. The bank is FDIC-insured, an Equal Housing Lender, NMLS-registered (#793218), and PATRIOT Act-compliant, serving personal and small-to-medium business customers across the St. Louis metro area through a physical network of 15 branches and 17 ATMs, with the longest continuous operating history of any St. Louis-area community bank (it was one of only two local banks to remain open during the Great Depression bank holidays). The bank offers a comprehensive deposit and lending product set: six personal checking account variants (No Strings, Regular, Preferred, Personal Service, NOW, Money Market), personal savings, certificates of deposit, and health savings accounts; small-business and business checking, savings, and money market accounts; and a full lending portfolio spanning fixed-rate and government-backed mortgages (FHA, VA, USDA), cash-out refinance, bridge financing, home equity, car loans, land loans, construction, commercial real estate, investment real estate, working capital lines of credit, and equipment loans.

Service delivery combines physical branches with digital channels — a NetTeller online banking platform, iOS and Android mobile apps ("Lindell Bank," package com.lindellbank.grip), mobile remote deposit capture, eStatements, and 24-hour telephone banking — supplemented by the MoneyPass surcharge-free ATM network for cash access. Strategic partnerships extend capabilities beyond core banking: Global Payments delivers merchant services (Genius POS, secure payment processing, gift and loyalty programs, embedded lending via Lendio, and data-breach protection up to $100,000 per location), Deluxe Corporation handles check reordering, and a 2024 Affordable Housing Program grant of $2,550,000 — sponsored by Lindell Bank through Justine Petersen Housing & Reinvestment Corp. and funded by the Federal Home Loan Bank of Des Moines — funds renovation of the bank's former North Grand building into 17 affordable housing apartments.

Lindell Bank's revenue model follows a traditional community banking stack: net interest income from lending (mortgage, personal, commercial, real estate) is the primary engine, supplemented by fee-based service revenue including overdraft fees ($36 per item, $10 for items of $5 or less), wire transfer fees ($20–$90 domestic/international), account maintenance charges, and merchant payment processing fees routed through the Global Payments partnership. Go-to-market is direct-to-consumer and direct-to-SMB via the branch network and self-serve digital channels, with marketing anchored on the locally owned, 100-year heritage brand and community engagement (Education Center, scam-awareness communications, affordable housing partnerships). The bank is privately held with no parent company or public shareholders disclosed, operates exclusively in the St. Louis metro region, and has no global footprint.

Name

Lindell Bank

Legal name

Lindell Bank & Trust Company

Website

https://lindellbank.com

Company type

Private

Founded year

1923

Operating status

Operating

Headcount range

11–50 employees

Short description

Lindell Bank is a privately held independent community bank founded in 1923, headquartered in St. Louis, Missouri, operating 15 branches and 17 ATMs. It provides personal and business banking, mortgages, commercial lending, and merchant services to retail and SMB customers across the St. Louis metro.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

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

SIC

State Commercial Banks (6022), Personal Credit Institutions (6141)

akta.pro primary industry

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

akta.pro secondary industry

Real Estate (Commercial Property, REITs) (FSABACAH)

Keywords

• Community banking services
• Personal deposit accounts
• Commercial lending products
• Residential mortgage loans
• Mobile remote deposit

Headquarters

HQ city

St Louis

HQ country

United States

HQ region

North America

Offices2 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 from Lending: The bank generates revenue primarily through interest earned on loan products including mortgage loans, personal loans, business loans, commercial real estate loans, and other credit products.
2. Fee-based Banking Services: Various account fees including overdraft fees ($36), wire transfer fees ($20-$90 domestic/international), account maintenance fees, stop payment fees ($36), and other transaction-based fees.
3. Deposit Account Services: Revenue from checking, savings, and money market accounts with service fees for balances below minimum requirements and various account maintenance charges.
4. Payment Processing Services: Revenue from merchant services through Global Payments partnership including payment processing fees, point of sale solutions, and related business services.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels5 records

Core offering

Lindell Bank is a full-service independent community bank offering personal and business deposit products (checking, savings, money market, CDs, HSAs), residential and commercial lending (mortgages, home equity, auto, land, construction, commercial real estate, working capital, equipment), merchant services through Global Payments, and digital banking via NetTeller online banking, a mobile app with mobile remote deposit, eStatements, and 24-hour telephone banking across 15 St. Louis metro branches and 17 ATMs.

Product overview

Lindell Bank is a full-service independent community bank offering a comprehensive suite of personal and business banking products and services. The personal banking portfolio includes six checking account types (No Strings Checking, Regular Checking, Preferred Checking, Personal Service Checking, NOW Checking, Money Market), savings accounts, certificates of deposit, and health savings accounts. Business banking offerings include Small Business Checking, Business Checking, Business Savings, and Business Money Market accounts. The bank provides extensive lending products including residential mortgages (Fixed Rate, Cash Out Refinance, VA, FHA, USDA), personal loans (Bridge Financing, Home Equity, Portfolio Loans, Car Loans, Land Loans), and business loans (Construction, Commercial Real Estate, Investment Real Estate, Working Capital Lines of Credit, Equipment Loans). Digital banking services include Online Banking, Mobile Banking App, Mobile Remote Deposit Anywhere, eStatements, and Telephone Banking. The bank operates 15 locations in the St. Louis metro area.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Accounts
• Personal Savings and Money Market Accounts
• Certificates of Deposit (CDs)
• Health Savings Account (HSA)
• Business Checking Accounts
• Business Savings and Money Market Accounts
• Residential Mortgage Loans
• Personal Loans (Bridge, Home Equity, Portfolio, Auto, Land)
• New Home Construction Loans
• Commercial Real Estate Loans
• Investment Real Estate Loans
• Working Capital Lines of Credit
• Equipment Loans
• Online Banking (NetTeller)
• Mobile Banking App
• Mobile Remote Deposit Anywhere (RDA)
• eStatements
• Telephone Banking
• Merchant Credit Card Services (Global Payments)

Quantifiable outcome

• 100 years of continuous operation since 1923
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature2 records

Partnerships

Three partnerships are on record, tiered core.

• Global PaymentscoreTechnology or IntegrationLindell Bank partners with Global Payments to offer business customers a comprehensive suite of payment processing solutions including point of sale systems (Genius), secure payment processing, customer insights and email marketing, gift and loyalty programs, lending options powered by Lendio, and data breach security protection up to $100,000 per location. This partnership enables the bank to provide merchant services to business customers.
• Justine Petersen Housing & Reinvestment Corp.coreStrategic or Co-development PartnerLindell Bank sponsors Justine Petersen Housing & Reinvestment Corp., a St. Louis-based nonprofit, as recipient of a $2,550,000 Affordable Housing Program grant from Federal Home Loan Bank of Des Moines. The grant funds renovation of Lindell Bank's former North Grand building into 17 affordable housing apartments, serving as Justine Petersen's new home office. This represents a significant community investment in a low-to-moderate income neighborhood.
• Federal Home Loan Bank of Des MoinescoreStrategic or Co-development PartnerFederal Home Loan Bank of Des Moines awarded a $2,550,000 Affordable Housing Program grant through Lindell Bank's sponsorship of Justine Petersen Housing & Reinvestment Corp. The grant supports affordable housing development in St. Louis.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Others

• Stifel Financial Corp. St. Louis-headquartered financial services firm focused on wealth management, investment banking, and brokerage. Comparable as a prominent St. Louis-headquartered financial institution but operates in adjacent, not directly overlapping, businesses.

Direct peers

• Cass Information Systems: St. Louis-headquartered bank holding company with similar community-bank roots and comparable asset size. Both serve regional commercial and consumer customers with relationship-based banking.
• Great Southern Bancorp: Missouri-based community bank holding company offering comparable consumer and commercial banking, mortgage lending, and branch banking across the Midwest — directly comparable in scale and product mix.
• QCR Holdings: Multi-state community bank holding company operating in the Midwest with similar asset size, business mix (commercial, CRE, mortgage), and M&A-driven growth strategy — directly comparable as a community bank consolidator.
• Equity Bancshares: Kansas and Missouri-based community bank holding company of comparable size, offering similar consumer and commercial lending, deposit products, and a regional M&A-driven growth strategy mirroring Lindell's model.
• Park National Corporation: Community-focused bank holding company operating across the Midwest and Southeast with comparable scale, consumer/commercial lending mix, and long-standing branch-based distribution model.

Broad incumbents

• Central Bancompany: Missouri-based regional bank holding company operating community banks across the Midwest with similar consumer/commercial lending and deposit products. Comparable as a regional community banking competitor with deeper geographic spread.
• Commerce Bancshares: Significantly larger Missouri-headquartered bank holding company (Commerce Bank) offering personal, business, and commercial banking across multiple states. Comparable as a Missouri community-banking franchise but much larger and more diversified.
• Heartland Financial USA (HTLF): Multi-state community banking franchise with comparable consumer/SMB and commercial lending product mix, and a parallel M&A-led growth strategy — relevant peer for understanding Lindell's scaling path.
• UMB Financial Corporation: Kansas City-headquartered bank holding company with deep Midwest roots and significantly broader institutional, commercial, and consumer banking capabilities. Comparable as a Missouri-based banking peer with overlapping geographic territory.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/lindell-bank

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lindell Bank