State Bank of Lizton

What State Bank of Lizton does

State Bank of Lizton is a privately held, state-chartered community bank founded in 1910 and headquartered in Lizton, Indiana, with 101–250 employees and FDIC-insured status. It serves individual consumers and small-to-medium businesses across central Indiana through a branch-led relationship banking model supplemented by online and mobile banking channels, recently extending into Marion County via a new Speedway branch opened in June 2026.

The bank offers a full suite of traditional banking products: personal and business deposit accounts (checking, savings, money market, CDs, IRAs, HSAs), lending products (mortgages, home equity, auto, personal, commercial loans, credit cards), and SMB-focused services including Treasury Management, Cash Manager, and merchant processing. It also operates two wholly-owned subsidiaries — Compass Investment Services (investment and financial planning via Ameriprise) and Compass Retirement Services (401(k) administration) — enabling cross-sell of wealth and retirement products to its deposit base. Recent product additions include the 2026 HomeBoost Program, offering up to $25,000 in down payment assistance to first-generation first-time homebuyers.

Revenue is generated primarily through net interest income on loans and deposits, supplemented by transaction fees (merchant processing, business banking fees, credit card interchange) and professional services fees from the Compass subsidiaries. The go-to-market is sales-led and relationship-driven, with named commercial clients spanning printing, security, agriculture, construction, plumbing, restaurants, and grocery — a horizontally diversified SMB book. Underlying technology is standard community-bank infrastructure rather than proprietary platform IP, with website and digital services hosted by BankSITE Services. The bank has no disclosed AI/ML capabilities, APIs, or proprietary technology products.

Name

State Bank of Lizton

Legal name

State Bank

Website

https://statebankoflizton.com

Company type

Private

Founded year

1910

Operating status

Operating

Headcount range

101–250 employees

Short description

State Bank of Lizton is a privately held Indiana community bank founded in 1910, serving individual consumers and small-to-medium businesses across central Indiana with deposit accounts, lending, treasury management, and wealth services via Compass subsidiaries.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211), Savings Institutions and Other Depository Credit Intermediation (52218)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industries

Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE), Account & Balance Services (Operating accounts, statements, eBAM) (FSABAIAD), Credit Cards & Revolving Credit (FSABAAAC)

Keywords

• Community banking
• Retail banking
• Commercial lending
• Treasury management
• Investment services

Headquarters

HQ city

Brownsburg

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

Revenue model

1. Interest Income: Traditional banking revenue generated from lending activities including commercial loans, mortgage/home loans, home equity loans, auto loans, and personal loans. Interest earned on certificate of deposits and savings accounts also contributes.
2. Fee-based Services: Non-interest income from checking account fees, business banking services, treasury management fees, merchant processing services, and credit card transaction fees.
3. Investment Services Revenue: Revenue from Compass Investment Services subsidiary providing investment solutions and financial planning services to customers.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels5 records

Core offering

State Bank of Lizton is a community bank providing personal and business banking products and services to customers in central Indiana. Its offerings include deposit accounts (checking, savings, money market, CDs, IRAs, HSAs), consumer and commercial lending (mortgages, home equity, auto, personal, commercial loans, credit cards), treasury management, merchant processing, and investment/retirement planning through Compass subsidiaries. Services are delivered through physical branches, online and mobile banking platforms, and direct commercial banking relationships.

Product overview

State Bank operates as a community bank offering a unified portfolio of traditional banking products and services. The core offering consists of personal and business deposit accounts (checking, savings, money market, CDs, IRAs) alongside lending products (mortgages, home equity, auto loans, commercial loans, credit cards). Digital banking is delivered through Online & Mobile Banking, Cash Manager, and Treasury Management platforms. The bank provides complementary financial services through two sub-brands: Compass Investment Services (investment advisory via Ameriprise) and Compass Retirement Services (business retirement plans). Recent offerings include the 2026 HomeBoost Program for first-time homebuyers.

Differentiator

Problem solved

Functional benefit

Brands

• Compass Investment Services: Investment services subsidiary providing financial planning and investment solutions
• Compass Retirement Services

Products and services

• Checking Accounts Personal and business checking accounts with online and mobile banking access, debit card management, and Bill Pay capabilities, targeted at retail and small-business customers in central Indiana.
• Health Savings Account Tax-advantaged savings account for individuals with high-deductible health plans to cover qualified medical expenses.
• Savings and Money Market Accounts Interest-earning savings vehicles including traditional savings accounts and money market accounts with competitive rates.
• Certificate of Deposit Fixed-term deposit accounts with guaranteed returns and competitive interest rates for various maturity periods.
• Individual Retirement Account (IRA) Tax-deferred retirement savings accounts including Traditional and Roth IRA options for individual retirement planning.
• Online & Mobile Banking Digital banking platform enabling account access, fund transfers, bill payment, and account management via web and mobile applications for retail customers.
• Mortgage/Home Loans Residential mortgage financing for home purchases and refinancing with competitive rates and personalized guidance for central Indiana consumers.
• Home Equity Lines & Loans Credit facilities secured by home equity for renovations, debt consolidation, or other major expenses for consumer borrowers.
• Auto & Personal Loans Vehicle financing and personal loans with flexible terms for various consumer borrowing needs.
• Visa Credit Cards Credit card products branded with Visa for consumer purchases with various reward and rate options.
• Cash Reserve Line of Credit Overdraft protection line of credit linked to checking accounts for emergency liquidity for consumer customers.
• Commercial Loans & Lines Business lending solutions including term loans, lines of credit, and commercial real estate financing for Indiana small and medium-sized businesses.
• Business Checking & Savings Commercial deposit accounts designed for business banking needs with cash management features.
• Business Credit Cards Corporate credit card solutions for business expenses and employee spending management.
• Treasury Management Services Cash management and liquidity solutions for businesses including wire transfers, ACH services, and account analysis.
• Merchant Processing Payment processing services enabling businesses to accept credit and debit card transactions.
• Business Online Banking Commercial digital banking platform with enhanced features for cash management and treasury operations.
• Cash Manager Advanced cash management tool for business clients providing sophisticated liquidity and payment controls.
• Compass Investment Services Investment services subsidiary providing financial planning, portfolio management, and investment advisory services through Ameriprise to individuals and businesses.
• Compass Retirement Services Retirement plan services for businesses including 401(k) administration and employee benefit retirement solutions.
• 2026 HomeBoost Program First-generation first-time homebuyer assistance program providing up to $25,000 in down payment and closing cost assistance in Indiana.

Quantifiable outcome

• Trusted by families for multiple generations

Named customers9 records

Segments3 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Compass Investment ServicescoreStrategic or Co-development PartnerCompass Investment Services operates as a subsidiary of State Bank, providing comprehensive investment solutions and financial planning services to bank customers. The partnership allows State Bank to offer a full range of financial services including wealth management and investment advisory.
• Compass Retirement ServicescoreStrategic or Co-development PartnerCompass Retirement Services provides retirement planning and administration services, complementing State Bank's personal and business banking offerings with comprehensive wealth management solutions.
• FDICcoreOthersState Bank is a member of the Federal Deposit Insurance Corporation (FDIC), providing deposit insurance protection to customers. The FDIC badge is displayed on the website as a trust indicator.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Old National Bancorp: Indiana-rooted commercial bank offering community-style deposit and commercial banking across Indiana counties, including Indianapolis metro area — comparable operating geography and product breadth but at larger scale.
• First Merchants Corporation: Indiana-headquartered community banking franchise with comparable retail/commercial deposit and lending products and central-Indiana footprint; one of the most direct comparables for State Bank's product mix and regional model.
• First Financial Bank (Indiana): Indiana-based community bank with the same combination of personal/business banking, treasury management, and wealth services targeting Indiana retail and SMB customers, overlapping heavily with State Bank's segments.
• Tompkins Financial Corporation: Mid-Atlantic/Northeast community bank with treasury management, wealth, and business banking products serving SMB customers — analogous operating model and product breadth outside Indiana.
• Horizon Bancorp (Indiana): Indiana-based community bank with retail/commercial lending, treasury services, and a regional branch model — a comparable mid-size Indiana franchise with similar SMB and agricultural exposure.
• MainSource Financial Group / MutualBank: Indiana community bank focused on retail and small-business banking with similar agricultural and SMB lending profiles; comparable branch-led, relationship-driven GTM motion.
• German American Bank: Indiana-headquartered community bank with agricultural, commercial, and consumer banking depth in similar Indiana counties; closely comparable niche expertise and rural/SMB lending profile.

Others

• Independent Community Bankers of America (ICBA reference set): While not a competitor, ICBA aggregates community banks of State Bank's profile — useful reference set for community-bank unit economics, sourcing peer multiples, and understanding regulatory peer comparison benchmarks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/statebank1910
• Facebookfacebook.com/StateBank1910
• LinkedInlinkedin.com/company/statebank1910

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 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 State Bank of Lizton