Heritage Bank of Nevada

What Heritage Bank of Nevada does

Heritage Bank of Nevada is a community bank division of Glacier Bank, which is wholly owned by Glacier Bancorp, Inc. (GBCI), founded in 1995 and headquartered in Reno, Nevada. It operates seven branch locations across Northern Nevada, including Reno (Main, Corporate and Mill, 7th Street, Damonte), Sparks (Spanish Springs), Carson City, and Gardnerville, serving both personal and small-to-mid-sized business customers. Its product set spans personal banking (multiple checking tiers, savings, money market, CDs, IRAs, HSAs), consumer and mortgage lending (conventional, FHA, VA, RD, ARM, jumbo, HELOCs, Credit Builder and personal loans), and a comprehensive business banking suite including commercial checking, business savings, SBA and commercial real estate loans, treasury and cash management (Positive Pay, Remote Deposit Capture, ACH, wire transfers, bill pay), and Visa credit and debit cards issued through FNBO.

The bank's technology platform is built on Banno by Jack Henry & Associates for online and mobile banking, supplemented by partnership integrations: Heartland for merchant payment processing and POS, Everfi for financial education, Zelle for P2P payments, Allpoint for surcharge-free ATM access, Visa for card products, and RemitPlus Express for hosted remittance processing with OCR. A 2024 platform upgrade added two-factor authentication, secure in-system messaging, bank-to-bank transfers to external accounts, 18 months of transaction history, and a renamed "Heritage Bank NV" mobile app. Distribution combines physical branches with comprehensive digital channels plus 24/7 telephone banking.

Revenue is generated primarily through net interest spread on deposit-funded lending (commercial real estate, SBA, equipment, construction, consumer mortgages, HELOCs) plus non-interest income from account and transaction fees (wire transfers, ACH, excess item charges, monthly service fees on accounts below minimums), cash management service fees, and revenue share from Heartland merchant payment processing. The customer base is concentrated in Washoe, Douglas, and Carson City counties and is dominated by consumers and local SMBs across retail, healthcare (e.g., Nevada Surgical), F&B (e.g., Blind Dog Coffee), and powersports (e.g., Michael's Reno Powersports). FDIC insurance up to $250,000 applies through Glacier Bank, and recognition includes the Forbes WBBanks 2024 5-Year Champion listing.

Name

Heritage Bank of Nevada

Legal name

Heritage Bank of Nevada

Website

https://heritagebanknevada.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

101–250 employees

Short description

Heritage Bank of Nevada is a community bank division of Glacier Bank (Glacier Bancorp, Inc.) serving personal and small-to-mid-sized business customers across Northern Nevada through seven branches and digital channels.

Ownership category

akta.pro rank

Headquarters

HQ city

Reno

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Deposit Taking and Interest Income: Heritage Bank accepts deposits from customers including checking, savings, money market, and CD accounts. Interest income is generated from lending activities funded by these deposits.
2. Business Checking Account Fees: Revenue from monthly service charges on certain business accounts (Simply Business Checking charges excess item fees of $0.50 per item over 500; Commercial Checking has $10 monthly maintenance plus activity fees).
3. Personal Account Fees: Monthly service charges applied when account balances fall below minimum thresholds (e.g., $2 monthly charge if Personal Savings balance below $100; $6 if Premier Interest Checking below $1,500).
4. Cash Management and Treasury Services: Fees for business cash management services including wire transfers, ACH processing, payroll benefits, and remote deposit capture.
5. Business Loans and Commercial Credit: Interest income and fees from commercial real estate loans, equipment loans, SBA loans, lines of credit, and construction loans.
6. Real Estate and Personal Lending: Interest income from mortgage loans (conventional, FHA, VA, RD, ARM, jumbo) and personal loans including home equity lines of credit.
7. Certificate of Deposit Interest Spread: CDs offered at competitive rates (e.g., 3-month CD at 3.24% APY, 6-month CD at 3.23% APY as of 12/12/2025) generating spread income.
8. Merchant Payment Processing: Revenue share from Heartland payment processing partnership for merchant card transactions.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Heritage Bank of Nevada is a community bank division of Glacier Bank that delivers personal and business banking services through seven branches across Northern Nevada. Its offerings include checking, savings, money market, certificates of deposit, retirement (IRA/SEP) and health savings accounts, consumer and mortgage lending, home equity lines of credit, credit builder loans, commercial real estate and SBA loans, business cash management, merchant payment processing (via Heartland), and Visa debit and credit cards, supported by online, mobile, and telephone banking channels.

Product overview

Heritage Bank of Nevada is a community bank division of Glacier Bank offering a comprehensive suite of personal and business banking products through both physical branches and digital channels. The core banking products include multiple checking and savings account options (Totally Free Checking, interest-bearing accounts, money market, CDs, IRAs, and HSAs), consumer and mortgage lending (personal loans, home equity lines, Credit Builder loans, and various mortgage products), and credit card services through FNBO. Business banking encompasses business checking and savings accounts, commercial lending, merchant payment processing via Heartland partnership, Visa Business Cards, and comprehensive Treasury Management services including Cash Management, Positive Pay, Remote Deposit Capture, and Business Bill Pay. Digital banking is delivered through online banking (web platform) and mobile banking (Heritage Bank NV app for iOS/Android, plus separate Heritage Bank Mortgage App), supporting account access, bill payment, fund transfers, mobile check deposits ($3,500 daily/$7,000 monthly limits), Zelle P2P payments ($2,500 daily limit), and estatements with 18 months of history. Additional services include 24/7 Telephone Banking, financial calculators, and Financial Foundations education program through Everfi partnership.

Differentiator

Problem solved

Functional benefit

Products and services

• Totally Free Checking
• Easy Interest Checking
• 50+ Interest Checking
• Premier Interest Checking
• Personal Savings Account
• Money Market Account
• Health Savings Account (HSA)
• Certificate of Deposit (CD)
• Traditional IRA
• Roth IRA
• SEP IRA
• Personal Loans
• Home Equity Line of Credit
• Credit Builder Loan
• Real Estate Loans
• Visa Credit Cards
• Visa Debit Card
• Totally Free Business Checking
• Simply Business Checking
• Commercial Checking
• Business Savings Account
• Business Money Market Account
• Business Health Savings Account
• Business Loans
• Visa Business Card
• Merchant Payment Processing
• Online Banking
• Mobile Banking App (Heritage Bank NV)
• Heritage Bank Mortgage App
• Cash Management Services
• Telephone Banking

Quantifiable outcome

• Mobile check deposit available up to $3,500 daily and $7,000 monthly

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

Feature6 records

Partnerships

One partnership is on record.

• Heartland Payment SystemscoreTechnology or IntegrationHeritage Bank partnered with Heartland, a Global Payments company (NYSE: GPN), to offer innovative payment and point of sale solutions to business customers. Heartland provides merchant payment processing including POS terminals, mobile payments, online payments, and fraud protection through Heartland Secure. This partnership enables Heritage Bank to offer comprehensive merchant services including Register POS, terminal solutions, and SmartPay Express for small businesses and nonprofits.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Plumas Bank: Plumas Bank is a California-based community commercial bank of similar branch-network scale and customer mix. Its deposit, small-business, and mortgage lending book closely mirrors Heritage Bank's community banking model and competitive positioning.
• Nevada State Bank: Nevada State Bank is a division of Zions Bancorporation and operates as a full-service commercial and retail bank across Nevada, with a similar community banking model, branch footprint, and product mix (deposits, lending, treasury, merchant). It is the most direct in-state comparable to Heritage Bank of Nevada.
• Western Alliance Bank: Western Alliance Bank (NYSE: WAL) is a Phoenix-headquartered commercial bank with a strong Nevada presence across commercial lending, treasury management, and deposit gathering. It targets similar SMB and middle-market commercial segments and competes directly with Heritage Bank for Nevada business banking relationships.
• Bank of George: Bank of George is a Las Vegas-based community commercial bank serving businesses and consumers with deposit, lending, and treasury products. Comparable in scale, community-banking positioning, and SMB focus to Heritage Bank of Nevada.

Broad incumbents

• Bank of America: Bank of America (NYSE: BAC) is a national bank with retail, small-business, and commercial banking operations across Nevada. It is a relevant comparable for product breadth, digital capability, and deposit pricing benchmarks that Heritage Bank must match.
• Zions Bancorporation: Zions Bancorporation (NASDAQ: ZION) is the regional bank holding company that operates Nevada State Bank and several other community bank divisions across the Western U.S. It competes in the same deposit and commercial lending markets as Heritage Bank and provides useful comparison for division-level economics.
• Wells Fargo & Company: Wells Fargo (NYSE: WFC) is a national full-service bank with a large branch and commercial presence in Reno and Northern Nevada. It competes with Heritage Bank for retail deposits, mortgages, and small-business relationships, and represents a key share-of-wallet incumbent.
• JPMorgan Chase: JPMorgan Chase (NYSE: JPM) is the largest U.S. bank and competes with Heritage Bank across retail deposits, mortgage, and small-business banking in Northern Nevada. As a digital and scale benchmark, it sets the upper-bound standard for product capability and customer experience.

Emerging players

• Ally Bank: Ally Bank (NYSE: ALLY) is a leading direct/online bank competing with community banks for retail deposits, savings, and consumer lending nationally. While it does not serve Northern Nevada branch-style, its competitive rates (e.g., comparable CDs and Premier Savings products) directly pressure Heritage Bank's deposit gathering and customer retention.

Others

• Glacier Bank: Glacier Bank is the direct parent division of Glacier Bancorp (NASDAQ: GBCI) and Heritage Bank's operational sponsor. As a fellow division, it offers the cleanest benchmark for division-level operating economics, deposit mix, and lending approach under shared Glacier Bancorp governance.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/HeritageBankNevada
• LinkedInlinkedin.com/company/heritage-bank-of-nevada
• Instagraminstagram.com/heritagebankofnevada

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 Heritage Bank of Nevada