Great Plains National Bank

Name

Great Plains National Bank

Legal name

Great Plains National Bank

Website

https://www.gpbankok.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

251–500 employees

Short description

Great Plains National Bank is an FDIC-insured community bank operating 23 branches across Oklahoma and Texas, serving consumers, small and mid-sized businesses, agricultural operators, and energy companies with deposit accounts, commercial lending, treasury management, and BusinessManager working capital financing.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211)

SIC

National Commercial Banks (6021)

akta.pro primary industry

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

akta.pro secondary industries

Bank-Affiliated Retail Wealth Management (FSAAAAAB), Agricultural & Rural Development Banks (FSABAKAE)

Keywords

• Community banking
• Commercial lending
• Agricultural loans
• Treasury management
• Energy lending

Headquarters

HQ city

Albany

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Net Interest Income: Primary revenue from interest earned on loans including mortgages, auto loans, business loans, agricultural loans, and consumer loans. Interest paid on deposits.
2. Banking Service Fees: Monthly service charges, transaction fees, ATM fees, wire transfer fees, and account maintenance fees across personal and business accounts
3. Wealth Management Referral Fees: Revenue sharing arrangement with Ameriprise Financial for investment services referrals
4. Zelle Business Fees: $20 monthly fee for small businesses enrolled in Zelle for Small Business

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

Great Plains National Bank is a community bank offering personal and business deposit products (checking, savings, money market, CDs, IRAs), a full range of consumer and commercial lending products (auto, mortgage, home equity, agricultural, SBA, energy, construction, equipment), treasury management services, and wealth management referrals through Ameriprise Financial. The bank operates 23 banking centers across Oklahoma and Texas and serves individuals, small businesses, agricultural operations, and middle-market energy companies.

Product overview

Great Plains National Bank is a community bank offering a comprehensive suite of banking products and services across personal, business, and specialty lending segments. The bank's product portfolio centers on core deposit products (checking, savings, money market, CDs, IRAs) supplemented by lending products (auto loans, mortgages, home equity, agricultural, commercial real estate, equipment, SBA, and energy lending) and fee-based services (treasury management, mobile/online banking, Zelle payments, and investment services through Ameriprise). Key business divisions include consumer banking, business banking with treasury management capabilities, mortgage lending, working capital financing through BusinessManager accounts receivable solutions, and specialized energy lending for oil and gas clients. The bank operates 23 banking centers across Oklahoma and Texas, with origins dating to 1907 as The Groves National Bank.

Differentiator

Problem solved

Functional benefit

Products and services

• Simply Free Checking Personal checking account designed for everyday banking without monthly service fees; requires $5 to open.
• Direct Interest Checking Interest-bearing personal checking account offering competitive earnings with direct deposit convenience; $50 to open.
• 50+ Interest Checking Interest-bearing checking account for customers age 50 and over with free standard wallet checks.
• Premium Interest Checking Premium interest checking account with higher interest rates on balances of $1,500+; $10 monthly charge if balance falls below minimum.
• Simply Savings Interest-bearing personal savings account earning interest on balance; $100 minimum balance to avoid service charge.
• Money Market Personal money market account earning higher interest than traditional savings with check and electronic transfer access; $1,000 minimum to avoid $15 service charge.
• Certificates of Deposit (CDs) Fixed-term investment products earning fixed interest rate for fixed period; FDIC insured up to applicable limits; minimum $1,000 deposit.
• Individual Retirement Accounts (IRAs) Retirement savings accounts in Traditional and Roth IRA options invested in CDs offering tax-free growth or tax-deferred basis.
• Student Savings No-fee savings account for children to encourage saving and develop money management skills; $5 minimum opening deposit.
• Business Plus Checking Business checking account with earnings credit allowance on deposit balances; $15 monthly service charge; $0.10/credit transaction, $0.15/debit transaction.
• Business Interest Checking Business checking account with 100 free monthly transactions and competitive interest rate; $2,500 daily minimum balance to avoid $20 monthly service charge.
• Business 250 Checking Business checking with 250 free monthly transactions, no minimum balance requirement, and no monthly service charge; ideal for higher transaction volume businesses.
• IOLTA (Interest on Lawyer Trust Accounts) Oklahoma Bar Foundation IOLTA checking account where interest funds public legal services; $50 minimum balance to open, no monthly maintenance fee.
• Public Funds Checking Business checking account for public funds; $50 minimum balance to open, $1,500 minimum balance to avoid service charge.
• Business Savings Business savings account with competitive interest rate; $500 minimum balance to avoid $10 service charge.
• Business Money Market Business money market account with competitive interest rates based on balance; $50 to open, $2,500 minimum balance to avoid $12 service charge.
• Auto Loans Vehicle financing for new and used cars, boats, motorcycles, and car refinancing; rates as low as 4.98% APR with automatic debit from GPB checking account.
• Mortgage Loans Custom mortgage loans including conventional mortgages with home loan experts to guide through the home-buying process.
• Home Equity Loans One-time lump sum loans using home equity as collateral; loan amounts from $10,000 to $250,000 with competitive interest rates.
• Home Equity Line of Credit (HELOC) Revolving credit line using home equity as collateral with variable rate based on Wall Street Journal Prime Rate; borrow up to 80% of home's equity.
• Agricultural Loans Agricultural lending including real estate loans, equipment purchase, livestock purchase, and operating loans for farmers and ranchers.
• Construction and Bridge Loans Construction loans up to 90% LTV, 12 months interest-only; bridge loans up to 100% LTV, 11 months interest-only with 48-hour pre-qualification.
• Equipment Financing Equipment financing for construction equipment, manufacturing equipment, office furniture, trucks and trailers with tailored plans.
• Real Estate Loans Commercial real estate loans, farmland financing, investment/rental property loans, and vacant/undeveloped land loans with flexible terms.
• Working Capital Financing Working capital solutions including accounts receivable lending, inventory increase financing, and expansion planning for businesses.
• BusinessManager Accounts receivable financing solution funding outstanding invoices in as little as 24 hours; has helped fund over $1.6 billion in accounts receivable for nearly 150 clients.
• SBA Loans Small Business Administration loans including SBA 7(a) loans up to $5 million and SBA 504 loans for real estate, construction, equipment, and refinancing.
• Energy Lending Solutions Specialized banking for middle-market energy companies including production lending, upstream lending, mid-stream lending, and cash management for oil and gas.
• Treasury Management Services Comprehensive treasury services including payables (ACH, wire, payroll), receivables (ACH debit, remote deposit, lockbox), fraud prevention (Positive Pay), and Business eBanking platform.
• Credit Cards Business and personal credit cards offering cashback rewards and low interest rates including a business rewards credit card.
• Mobile Banking Mobile banking app available on iPhone, Android, and Amazon Kindle enabling balance checks, transfers, loan payments, and transaction searches.
• Online Banking 24/7 online access to accounts via computer, tablet, or mobile device with balance checks, transaction downloads, loan payments, and e-Statements.
• Zelle for Small Business Small business payment service for sending and receiving money directly from bank accounts via GP Bank Business app with payments typically within minutes; $20/month.
• Investment Services (Ameriprise Partnership) Financial planning and investment services through Ameriprise Financial Institutions Group including financial planning, retirement planning, investments, education funding, insurance, and estate planning.

Quantifiable outcome

• $1.6 billion in accounts receivable financing funded through BusinessManager program for nearly 150 clients

Named customers5 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• Jack Henry DigitalcoreTechnology or IntegrationJack Henry Digital provides the digital banking platform powering the bank's website, online banking, and mobile banking services. The bank website is created by Jack Henry Digital using Banno platform.
• Ameriprise Financial Institutions GroupcoreStrategic or Co-development PartnerAmeriprise Financial provides investment services through on-site financial planning and comprehensive investment solutions. The bank has a revenue sharing relationship with Ameriprise for referrals. Ameriprise serves over 2 million clients with $1 trillion+ in assets under management.
• Early Warning Services (Zelle)coreTechnology or IntegrationEarly Warning Services provides Zelle payment services enabling small businesses to send and receive money directly from bank accounts within minutes. Zelle and related marks are owned by Early Warning Services, LLC.
• BusinessManagercoreTechnology or IntegrationBusinessManager is an accounts receivable solution that funds outstanding invoices in as little as 24 hours. The bank has helped nearly 150 clients and funded over $1.6 billion in accounts receivable financing through this program.

Scale indicators6 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• BancFirst Corporation: Largest Oklahoma-headquartered community bank holding company, operating a multi-city branch network across Oklahoma with consumer, commercial, and treasury services comparable to Great Plains Bank.
• BOK Financial: Oklahoma-based regional bank holding company offering community banking, treasury, energy lending, and wealth services across multiple states — direct overlap with GPB's commercial, treasury, and energy lending businesses.
• First United Bank & Trust: Oklahoma-chartered community bank with branches across Oklahoma and Texas, similar size and product mix including consumer, commercial, and agricultural banking — a close regional comparable.
• Prosperity Bancshares: Texas-based community bank holding company with a multi-city Texas/Oklahoma branch network offering small-business, treasury, and consumer banking analogous to GPB's service mix.
• International Bancshares Corporation: Texas-headquartered community bank holding company (International Bank of Commerce) with consumer and commercial banking across Texas and Oklahoma, directly comparable to GPB's regional footprint.
• Independent Bank Group: Texas-based community bank serving small and medium businesses and consumers across multiple states — competing head-to-head with GPB in commercial lending and SMB treasury services.
• Southside Bancshares: Texas community bank holding company with consumer deposits, commercial lending, and treasury products comparable to GPB's offerings in overlapping Texas markets.
• Stockman Bank of Montana: Rural/agriculture-heavy community bank similar in scale and product mix to GPB, with comparable agricultural lending, commercial real estate, and consumer banking strategies.

Regional players

• Citizens Bank (Oklahoma): Oklahoma community bank operating in adjacent geographies to GPB, providing comparable consumer and small-business banking products for a regional comparison.

Broad incumbents

• Cadence Bank: Mid-sized regional bank offering commercial, treasury, and energy lending across the South and Southwest — relevant incumbent comparable to GPB's commercial and energy lending specialties.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/gpbank/?fref=ts
• LinkedInlinkedin.com/company/great-plains-national-bank

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles31 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 Great Plains National Bank