The Stephenson National Bank & Trust

What The Stephenson National Bank & Trust does

The Stephenson National Bank & Trust (SNBT) is a privately held, FDIC-insured community bank founded in 1874 and headquartered in Marinette, Wisconsin. The bank became employee-owned in 2022 and operates 8 branches across northeastern Wisconsin and the upper Michigan Peninsula, supplemented by eTeller ATMs with live video banker assistance. It serves retail consumers, small and mid-sized businesses, and wealth management clients through three divisions: Personal Banking, Business Banking, and Wealth Management, with the 'Stephenson Financial Services' and 'Turn to the Retirement Experts®' brands supporting its advisory and retirement positioning.

SNBT's core product set spans checking, savings, money market, CDs, IRAs, mortgages, home equity lines, auto and personal loans, and credit/debit cards on the personal side, alongside business checking, business savings, treasury management (Positive Pay, Card Payment Processing, Business Sweep, CDARS/ICS), and commercial lending. The technology platform is a digital banking stack with native iOS and Android apps, online account management, mobile deposit, bill pay, card controls, and a 'Fraud Detective' service that flags suspicious debit-card transactions based on usage patterns. In 2025 SNBT launched a redesigned digital experience and integrated Zelle for peer-to-peer payments and Experian for in-app credit score monitoring, indicating a deliberate modernization of the customer-facing stack.

The bank earns revenue primarily through net interest income on its loan portfolio (mortgages, auto, personal, commercial), supplemented by overdraft and account fees ($30 per item, plus $7 extended-overdraft charges after five business days), transaction and treasury management fees from business customers, and professional services fees from retirement planning, investment management, and trust and estate administration delivered through Stephenson Financial Services. Pricing is structured around low-friction retail entry products (notably the no-minimum, no-monthly-fee Simply Free Checking) with revenue capture through cross-sell into lending and wealth management. The go-to-market is relationship-led community banking via branch-based personal bankers and lending experts, supplemented by digital self-service and a referral program.

Name

The Stephenson National Bank & Trust

Legal name

The Stephenson National Bank & Trust

Website

https://snbt.com

Company type

Private

Founded year

1874

Operating status

Operating

Headcount range

101–250 employees

Short description

The Stephenson National Bank & Trust is an employee-owned, FDIC-insured community bank founded in 1874, operating 8 branches across northeastern Wisconsin and the upper Michigan Peninsula to serve retail consumers, small and mid-sized businesses, and wealth management clients with deposit, lending, treasury, and retirement services.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221), Portfolio Management and Investment Advice (523940), Savings Institutions and Other Depository Credit Intermediation (52218)

SIC

National Commercial Banks (6021), Investment Advice (6282), Savings Institution, Federally Chartered (6035)

akta.pro primary industry

Deposit Operations (Account Maintenance, Fees, Reconciliations) (FSABALAE)

akta.pro secondary industries

Trust & Fiduciary Advisory for HNW/UHNW (Trust Structuring & Trustee Oversight) (FSAAABAF), Corporate & Institutional Trust Services (FSAAANAB), Corporate Trust Services (Trustee, Agent & Escrow Roles) (FSAEAKAB)

Keywords

• Community banking services
• Retirement planning
• Wealth management
• Commercial lending
• Treasury management

Headquarters

HQ city

Marinette

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Traditional banking revenue from interest earned on loans including mortgages, auto loans, personal loans, and business loans. Interest is the primary revenue driver for the bank.
2. Deposit Account Fees: Fee income from various account services including overdraft fees ($30 per item), statement copies, and other account maintenance charges
3. Wealth Management & Trust Services: Revenue from retirement planning, investment management, trust administration, and estate planning services offered through Stephenson Financial Services
4. Treasury Management Services: Fees from business services including Positive Pay, Card Payment Processing, Business Sweep, and CDARS/ICS deposit placement services

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

The Stephenson National Bank & Trust is an FDIC-insured community bank providing personal banking (checking, savings, CDs, IRAs, mortgages, auto loans, personal loans, credit cards), business banking (business checking, savings, loans, treasury management), and wealth management (retirement planning, 401(k) services, investment management, trust and estate administration). The bank operates 8 branches across northeastern Wisconsin and upper Michigan, complemented by a digital banking platform with mobile app, Zelle payments, and fraud monitoring. Stephenson Financial Services is the dedicated wealth management and financial advisory division.

Product overview

The Stephenson National Bank & Trust offers a comprehensive banking and financial services portfolio organized across three main divisions: Personal & Business Banking and Wealth Management. Personal Banking includes multiple checking account types (Simply Free Checking, Benefits Checking, Premier Interest Checking, Statement Checking, Health Savings Account), savings products (Money Market, Simply Savings), Certificates of Deposit including the Homebuyer CD, IRAs, mortgages, home equity lines of credit, credit cards, and debit cards. The Digital Banking platform provides online and mobile access with features including Bill Pay, Zelle peer-to-peer payments, Credit Score access, eStatements, eAlerts, Remote Deposit, Mobile Pay, Card Management, and Fraud Detective. Business Banking offers specialized checking accounts, business savings options, treasury management services including Positive Pay, Card Payment Processing, Business Sweep, and CDARS/ICS. Wealth Management encompasses retirement planning, 401(k) services, investment services, trust and estate administration, and Stephenson Financial Services advisory offerings.

Differentiator

Problem solved

Functional benefit

Brands

• Stephenson Financial Services: Wealth management and financial planning services division
• The Retirement Experts

Products and services

• Simply Free Checking Personal checking account with no minimum balance or monthly service charge, including free debit card, digital banking, bill pay, remote deposit, and eStatements. Minimum opening deposit is $50.
• Benefits Checking Personal checking account loaded with value and additional benefits for individual account holders.
• Premier Interest Checking Personal interest-bearing checking account offering competitive rates on balances for individual customers.
• Statement Checking Personal checking account providing monthly statements for record-keeping purposes.
• Health Savings Account Tax-advantaged savings account designed for individuals enrolled in high-deductible health plans.
• Money Market Personal savings account with competitive interest rates and limited check-writing privileges.
• Simply Savings Simple personal savings account with competitive rates and no monthly maintenance fees.

Quantifiable outcome

• Overdraft protection up to $1,000 available through Overdraft Consideration
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Zelle (Early Warning Services)coreTechnology or Integration · 31 March 2025Integrated P2P payment service allowing customers to send and receive money directly from their SNBT accounts. Zelle is operated by Early Warning Services, LLC and is integrated directly into the SNBT mobile app. As of March 31, 2025, all users must be enrolled through one of the 2,200+ participating banks and credit unions.
• DeluxeminorChannel Partner/ Reseller/ DistributorCheck ordering partner providing personal and business checks. The bank provides a direct link to Deluxe for check reordering through their website.
• Experian (Credit Sense)coreTechnology or IntegrationCredit score monitoring and reporting service integrated into digital banking. Provides free credit reports and scores with daily monitoring and alerts. Uses soft inquiries that do not affect credit scores.
• VisacoreTechnology or IntegrationDebit and credit card network provider enabling card transactions at ATMs and merchants worldwide
• FDIC (Federal Deposit Insurance Corporation)coreOthersFederal regulatory agency providing deposit insurance up to $250,000 per depositor, backed by the full faith and credit of the U.S. Government. All SNBT deposits are FDIC-insured.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Commerce Bank: Midwest regional bank offering personal, business, and wealth management services. While primarily serving Missouri, Kansas, and Illinois, its community-focused banking model with diversified financial services provides a comparable analog to SNBT's operating approach.
• Old National Bank: Midwest regional bank with a strong community banking orientation similar to SNBT. While primarily operating in Indiana, Kentucky, and surrounding states, its community banking model with retail, business, and wealth management services provides a comparable analog.
• First Merchants Bank: Midwest regional bank with personal, business, and wealth management services across Indiana, Ohio, and adjacent states. Comparable community banking model and service mix, though serving a different Midwestern geography than SNBT.

Direct peers

• Nicolet National Bank: Wisconsin-based community bank with comparable footprint across northern Wisconsin and the Upper Peninsula. Similar product mix spanning personal, business, and wealth management banking, making Nicolet the closest head-to-head competitor in SNBT's core geography.
• WaterStone Bank: Wisconsin-based community bank offering personal and business banking, mortgages, and wealth management services. Comparable in size and target market to SNBT, with a similar emphasis on community relationship banking and digital tools.
• Bank First Corporation: Wisconsin community bank holding company with a similar combination of personal, business, and wealth management banking. Operates branch locations across eastern Wisconsin comparable in scale and service orientation to SNBT.
• North Shore Bank: Wisconsin community bank with branch presence across eastern Wisconsin and the Upper Peninsula. Similar community banking focus and product set including deposits, lending, and digital banking, making it a directly comparable peer in overlapping markets.

Broad incumbents

• Associated Banc-Corp: Larger Wisconsin-headquartered regional bank with personal, business, commercial, and wealth management services. Operates broadly across Wisconsin and the Upper Peninsula, overlapping with SNBT's customer base but at significantly greater scale and product breadth.
• BMO Harris Bank: Major Midwest bank with significant Wisconsin presence, including personal, business, commercial, and wealth management services. Competes with SNBT for the same retail and small business customers with much larger scale, broader product set, and stronger brand recognition.
• Huntington Bancshares: Large Midwest regional bank with personal, business, commercial, and wealth management services. Operates across the Midwest including Wisconsin and Michigan, providing broader portfolio competition to SNBT with deeper product offerings and technology budgets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/stephenson-national-bank-trust-snbt-114787741875481
• LinkedInlinkedin.com/company/2718325

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 The Stephenson National Bank & Trust