What Adrian Bank does

Adrian Bank is a privately held community bank chartered in 1932 as Adrian State Bank and renamed in 1938, headquartered in Adrian, Missouri and operated by the Irvin family since A. E. Irvin's 1956 purchase. It operates three physical branches in Adrian, Archie, and Butler, Missouri, serving individuals, families, small businesses, and agricultural customers in rural Bates County with FDIC-insured deposit products (Free Checking, Regular Checking, NOW, Elite VIP, Money Market, Passbook Savings, CDs, IRAs, HSAs), a full lending suite (residential mortgages, construction, home improvement, agricultural, small business, and consumer loans), and ancillary services including safe deposit boxes, wire transfers, and direct deposit. The technology stack is conventional community-bank infrastructure: a web-based online banking portal, an iOS/Android mobile app with mobile check deposit (launched May 2020, $5,000 daily cap), Bill Pay-e Plus electronic bill payment, and standard security controls (SSL, firewall, 30-minute session timeout, three-attempt password lockout), with credit card issuance outsourced to TCM Bank, debit card services to Shazam, and business cards to BBOK.

The bank earns revenue primarily through net interest income on its loan portfolio — spanning agricultural operating lines, equipment financing, livestock, commercial real estate, residential mortgages, and consumer loans for vehicles and personal expenses — supplemented by transaction-based fee streams: monthly maintenance and minimum-balance fees on deposit accounts, per-transaction charges, safe deposit box rentals, wire transfer fees, and card interchange on MasterCard/Visa debit and credit transactions. CDs, IRAs, and HSAs compound at published APYs (e.g., 1-year CD 3.25% / 3.28% APY effective September 17, 2025). GTM is community-rooted: three physical branches, free self-serve online enrollment, mobile app distribution through Apple and Google stores, and local partnerships with area schools and chambers of commerce. Pricing is publicly disclosed in tiered form, with waived fees for seniors and Elite VIP customers and minimum opening deposits ranging from $25 (Free Checking) to $2,500 (Money Market). The bank explicitly markets its 90-year continuity, family ownership, and independence from acquisition as competitive differentiators in a rural market underserved by larger institutions.

Name

Adrian Bank

Legal name

Adrian Bank

Website

https://adrianbank.com

Company type

Private

Founded year

1932

Operating status

Operating

Headcount range

11–50 employees

Short description

Adrian Bank is a privately held, Irvin-family-owned community bank founded in 1932, operating three branches in Adrian, Archie, and Butler, Missouri, offering deposit accounts, agricultural and consumer loans, and digital banking to individuals, small businesses, and farms in rural Bates County.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221)

SIC

Savings Institutions, Not Federally Chartered (6036)

akta.pro primary industry

Agricultural & Rural Development Banks (FSABAKAE)

Keywords

• Community banking
• Retail deposits
• Agricultural lending
• Consumer loans
• Small business banking

Headquarters

HQ city

Adrian

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Lending: Traditional banking revenue generated from interest on loans including residential mortgages, construction loans, home improvement loans, agricultural loans (livestock, equipment, real estate, operating lines of credit), commercial loans, small business loans, and consumer loans (vehicles, boats, personal expenses).
2. Deposit Account Fees and Service Charges: Monthly maintenance fees on certain account types (NOW accounts, Elite VIP, Money Market), minimum balance fees, and per-transaction fees (excessive withdrawals from savings).
3. Card Services: Revenue from MasterCard debit/ATM card transactions, ATM withdrawal fees at non-Adrian Bank ATMs, and credit card interchange through Visa credit cards issued via TCM Bank partnership.
4. Safe Deposit Boxes: Annual rental fees for safe deposit boxes available at main office and branches, with discounted rates for Elite VIP account holders.
5. Wire Transfers and Miscellaneous Services: Fees for wire transfers, bank by mail service, check collection, stop payments, and notary services.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Adrian Bank is a family-owned community bank offering deposit products (checking, savings, CDs, IRAs, HSAs), a full lending portfolio (residential mortgages, construction, home improvement, agricultural, commercial, and consumer loans), and digital banking services (online banking, mobile app with mobile deposit, and electronic bill pay) to individuals, families, small businesses, and agricultural operations in rural west-central Missouri. Revenue is generated primarily through net interest income on loans and deposit-related fees.

Product overview

Adrian Bank operates as a traditional community bank offering a unified suite of financial products and services primarily serving customers in Adrian, Archie, and Butler, Missouri. The core product portfolio spans deposit accounts (checking, savings, CDs, IRAs, and HSAs), loan products (residential real estate, agricultural, small business, and consumer loans), and digital banking channels. The bank's digital banking suite includes Online Banking, Mobile Banking App, and Bill Pay-e Plus as interconnected digital channels for account management, fund transfers, and remote check deposit. Ancillary products include safe deposit boxes, direct deposit, wire transfers, debit/ATM cards, VISA credit cards (issued through TCM Bank), and financial calculators. The bank is FDIC-insured and is operated by the Irvin family, maintaining continuity of a locally-owned independent bank.

Differentiator

Problem solved

Functional benefit

Products and services

• Checking Accounts Suite of consumer checking account products including Free Checking, Regular Checking, NOW Account (interest-bearing), Elite VIP (for ages 55+), and Money Market accounts, each with defined minimum opening deposits, monthly service charges, and balance tiers. Designed for local individuals and families.
• Savings Accounts Savings products including Regular Savings, Special Savings, Kids Klub Savings, and Christmas Club accounts, each with different minimum opening deposits, service charges, and withdrawal limits. Designed for local individuals, families, and children.
• Certificates of Deposit (CDs) Term deposit accounts with terms ranging from 3 months to 5 years, $1,000 minimum opening deposit, interest compounding semi-annually on terms of 1 year or longer, and early-withdrawal penalties. Designed for customers seeking fixed-rate savings.
• Individual Retirement Accounts (IRAs) Tax-advantaged retirement accounts offered as Traditional, ROTH, or SEP plans, with a 1-year IRA term, $50 minimum opening deposit, and semi-annual interest compounding. Designed for individual retirement savers and self-employed customers.
• Health Savings Account (HSA) Tax-advantaged health savings account with a $50 minimum opening deposit and 0.25% APY. Designed for individuals enrolled in high-deductible health plans.
• Loan Products Comprehensive lending suite including home improvement loans, construction loans, residential real estate loans, small business loans, community improvement loans, agricultural loans (livestock, operating lines of credit, equipment, real estate, commercial), and consumer loans (vehicles, boats, personal expense). Designed for individuals, families, small businesses, and agricultural operators.
• Online Banking Real-time online banking service providing 24/7 account access, balance and transaction monitoring, funds transfers, and statement viewing. Free to all Adrian Bank customers and available via self-serve enrollment.
• Mobile Banking App Free mobile banking application for iOS and Android devices enabling bill payment, balance checks, money transfers, mobile check deposit, and ATM/location finder.
• Mobile Deposit Mobile check deposit feature within the Mobile Banking app, allowing customers to deposit checks remotely by imaging the front and back. Daily limit $5,000; per-check limit $1,500.
• Bill Pay-e Plus Online bill payment system allowing electronic or check remittance to any person or company in the United States via ACH or US Mail, with scheduling for one-time or recurring payments. Free service to Adrian Bank customers.
• Safe Deposit Box Secure storage service for valuables and important papers, available at the main office in Adrian and at Archie and Butler branches. Annual rental fees apply, with a discount for Elite VIP account holders.
• MasterCard Debit/ATM Card Combined debit and ATM card functioning on the MasterCard network, accepted at merchants and ATMs worldwide, with free withdrawals at Adrian Bank ATMs. Supported by Shazam for fraud monitoring and card services.
• VISA Credit Cards (Personal) Personal Visa Platinum credit cards issued through TCM Bank, N.A. with three options: Rewards Platinum (1 point per dollar), Cash Rewards Platinum (1% cash back), and Platinum Edition (no penalty APR). Features include FICO score access, cell phone protection, and Apple Pay/Google Pay support.
• Business Visa Credit Card Business Visa credit card offered through BBOK, providing commercial payment capability to local small business customers.
• Wire Transfers Wire transfer service for sending funds electronically to other financial institutions, with applicable transaction fees.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

Feature4 records

Scale indicators3 records

Recent moves10 records

Expansion highlights4 records

Direct peers

• Hawthorn Bancshares: Jefferson City, Missouri-based community bank holding company operating community banks in central and southwest Missouri. Directly comparable as a Missouri-domiciled community bank with similar agricultural and small business lending focus.
• Great Southern Bank: Springfield, Missouri-headquartered community bank with branches across Missouri, Kansas, Iowa, Arkansas, and Nebraska. Similar full-service community banking model with deposit products, mortgage, commercial, and agricultural lending in rural Midwest markets.
• Midwest BankCentre: St. Louis area community bank offering commercial, consumer, and mortgage banking. Comparable as a Missouri community bank serving small businesses and consumers with relationship-based banking.
• Equity Bancshares: Kansas-based community bank holding company with branches across Kansas, Missouri, Arkansas, and Oklahoma. Comparable multi-branch community banking model serving rural Midwest agricultural and small business customers.
• Mercantile Bank Corporation: Michigan-based community bank holding company; while geographically separate, it is comparable as a community bank focused on commercial, retail, and mortgage lending with similar scale and operating model to Adrian Bank.
• Country Club Bank: Kansas City-area community bank offering personal and business banking, mortgages, and wealth services. Comparable as a Missouri-area community bank competing for similar deposit and small business relationships.
• Legence Bank: Southern Illinois-based community bank with branches across Illinois and a strong agricultural lending focus. Directly comparable as a small rural community bank serving ag customers with relationship-based lending.

Broad incumbents

• Commerce Bank: Kansas City-based super-community bank with Missouri, Kansas, and multi-state presence offering commercial, retail, wealth, and investment banking. Larger incumbent serving the same Missouri geography with overlapping deposit and loan products.
• UMB Bank: Kansas City-headquartered diversified bank holding company with retail, commercial, and institutional banking across the Midwest. Comparable as a Missouri-based bank competing for the same deposit and small business customers.
• Arvest Bank: Arkansas-based regional community bank holding company with branches across Arkansas, Missouri, Oklahoma, and Kansas. Larger regional incumbent offering overlapping deposit, mortgage, and small business products.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/adrian-bank

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 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 Adrian Bank