Boone County National Bank

What Boone County National Bank does

Boone County National Bank operates as a regional banking entity within Central Bancompany, a privately held banking organization founded in 1902 that trades under the Central Bank brand. The bank maintains 268 physical locations and Central Bank ATMs across Missouri, Oklahoma, Kansas, Illinois, and surrounding states, organized into 12+ market areas including Columbia, Jefferson City, St. Louis, Springfield, Kansas City, Osage Beach, and Tulsa. It serves consumers, small-to-mid-market businesses, large corporations, government and nonprofit organizations, agricultural operations, and high-net-worth individuals through a full-service banking model spanning personal banking (checking, savings, credit cards, mortgages, auto loans), commercial banking (SBA loans, lines of credit, merchant services, payroll), corporate treasury management (ACH, wires, lockbox, sweep accounts), employee benefits administration (HSAs, FSAs, 401k), and wealth management via Central Trust Company and Central Investment Advisors.

The bank's core technology stack centers on digital banking platforms BusinessLink (online and mobile business banking) and Central Connect (business digital banking), supplemented by mobile check deposit, remote deposit capture (eDeposit), and mobile applications. It relies on third-party integrations for specialized functionality: Mastercard for card issuance and processing, Autobooks for small business invoicing, ElectPay for electronic loan payments, DataGuardian for merchant fraud protection, LPL Financial for investment advisory, and Upside for fuel savings rewards. The bank is FDIC-insured and operates as an SBA Preferred Lender, with no disclosed proprietary AI/ML systems or proprietary technology development.

Revenue is generated through traditional banking channels: net interest income from lending activities (personal, SBA, commercial real estate, agriculture, equipment, working capital), recurring deposit account fees (checking, savings, money market, CDs), interchange and credit card fees, transaction-based treasury and payment services, subscription-based payroll processing (ePayroll) and employee benefits administration, and fee-based wealth management advisory services. Distribution combines physical branch presence with relationship-based business banking teams, self-serve digital channels, and partner-referral channels for mortgages and SBA loans.

Name

Boone County National Bank

Legal name

Central Bancompany

Website

https://centralbank.net

Company type

Private

Founded year

1902

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Boone County National Bank operates as a Central Bank affiliate within Central Bancompany, a privately held multi-state regional bank founded in 1902 with 268 locations serving consumers, businesses, corporations, and government entities across Missouri, Oklahoma, Kansas, and Illinois through personal, commercial, treasury, and wealth management services.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021)

akta.pro primary industry

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

Keywords

• Retail banking services
• Commercial lending products
• Wealth management services
• Merchant payment processing
• Digital banking platforms

Headquarters

HQ city

Jefferson

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Primary revenue from lending activities including personal loans (mortgages, auto, personal), business loans (SBA, lines of credit, commercial real estate), and corporate lending (equipment loans, working capital, agriculture loans).
2. Deposit Account Fees: Fees from checking accounts, savings accounts, money market accounts, and certificates of deposit.
3. Credit Card Revenue: Interchange fees from credit card transactions, annual fees on premium cards, and rewards program costs.
4. Commercial Payments and Treasury Services: Revenue from ACH transactions, wire transfers, automated accounts payable processing, commercial payments, lockbox services, and sweep accounts.
5. Payroll Services: Fees from ePayroll processing and payroll card services for business customers.
6. Wealth Management: Investment services revenue through Central Trust Company and Central Investment Advisors, including trust services and advisory fees.
7. Employee Benefits Administration: Revenue from HSA administration, FSA management, and retirement plan administration (401k, SEP, SIMPLE IRA).

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Boone County National Bank operates as Central Bank, a regional community bank under Central Bancompany providing personal, business, corporate, and government banking services through 268 locations across Missouri, Oklahoma, Kansas, and Illinois. Core offerings span deposit accounts (checking, savings, money market, CDs, IRAs), credit cards, mortgage and consumer loans, SBA-backed business loans, merchant services, payroll processing, treasury management, employee benefits administration, and wealth management through affiliated trust and investment advisory entities.

Product overview

Central Bank operates as a full-service regional bank offering a unified platform of banking products across personal, business, and corporate segments. The personal banking suite includes checking accounts (MyChoice, MaxMoney, Preferred Interest, World Checking), savings products (SaveUp, RoundUp, Money Market, CDs, IRAs, HSAs), and credit cards (The ONLY Card, Cardinals Card, World Credit Card, World Elite Credit Card, Secured Mastercard). Business banking features Business Checking accounts (Small Business, Commercial, Business Checking Plus), merchant services (DataGuardian, ElectPay, in-person/mobile/online payments), payroll services (ePayroll, Payroll Cards), and digital banking (BusinessLink, Central Connect, Mobile Check Deposit, eDeposit). Corporate services encompass commercial lending, treasury management (ACH, wire transfers, automated accounts payable, lockbox, sweep accounts), employee benefit plans (HSAs, FSAs, 401k, SIMPLE IRA, SEP), and wealth management through Central Trust Company and Central Investment Advisors.

Differentiator

Problem solved

Functional benefit

Brands

• Central Bank: Community banking and online banking services
• Central Investment Advisors
• BusinessLink
• Commercial Mastercard Multi Card
• Business Mastercard

Products and services

• Personal Checking Accounts

Quantifiable outcome

• 268 locations and Central Bank ATMs across operating regions
• +2 more outcomes

Segments8 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• MastercardcoreTechnology or IntegrationLicensing partnership for credit card issuance including Business Mastercard, Commercial Mastercard Multi Card, World Credit Card, World Elite Credit Card, and Secured Mastercard. Provides Mastercard ID Theft Protection and Easy Savings rebate program for business cardholders.
• Mastercard Easy SavingscoreGTM or Marketing PartnerAutomatic rebate program offering up to 20% cash back on eligible purchases at participating merchants for Business Debit and Commercial Credit Multi Card holders. No coupons or codes required.
• Small Business Administration (SBA)coreChannel Partner/ Reseller/ DistributorSBA Preferred Lender partnership providing SBA-backed loans to small businesses. Loan amounts range from $5,000 to $5.5 million for business expansion and operational financing.
• LPL FinancialcoreTechnology or IntegrationRegistered Investment Advisor partnership for securities and advisory services through Central Investment Advisors. Offers stocks, bonds, mutual funds, annuities, unit investment trusts, and REITs. Member FINRA/SIPC.
• UpsideminorGTM or Marketing PartnerFuel savings application partnered with for gas cash back rewards on fuel purchases, allowing cardholders to earn automatic rebates.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• BOK Financial Corporation: Mid-size regional bank with commercial, consumer, and wealth management services across multiple U.S. states including Oklahoma. Directly comparable in scale, product breadth, and energy/agriculture lending exposure.
• Commerce Bancshares: Missouri-headquartered regional bank holding company with similar multi-state footprint (MO, KS, IL) and full-service personal, business, and wealth offering. Most directly comparable peer given overlapping geographic markets and comparable product breadth.
• Cadence Bank: Regional bank serving commercial, consumer, and wealth segments across the South and Midwest. Comparable in product breadth, business banking focus, and geographic multi-state footprint.
• UMB Financial Corporation: Kansas City-based regional bank with commercial, treasury, and wealth management focus across the Midwest. Comparable as a multi-state regional player with strong corporate and institutional banking similar to Central Bank's Corporate Banking segment.
• Old National Bank: Mid-size regional bank operating across the Midwest and Southeast with full-service consumer, commercial, and wealth banking. Comparable scale and multi-state regional strategy with similar business-banking and treasury offerings.
• Arvest Bank Group: Northwest Arkansas-headquartered community bank operating across Missouri, Arkansas, Oklahoma, and Kansas. Closely comparable in multi-state community-banking model, branch density, and personal/business segments.
• Simmons First National Corporation: Arkansas-based regional bank with multi-state footprint including Missouri. Directly comparable as a community-banking franchise built through regional acquisitions with similar product mix across consumer and commercial segments.
• First Mid Bancshares: Mid-size Illinois-based community bank with multi-state Midwest footprint and full consumer/commercial/wealth offerings. Comparable in scale, regional strategy, and similar community-bank identity.
• Pinnacle Financial Partners: Tennessee-based regional bank with diversified commercial, consumer, and wealth segments; comparable in mid-size regional positioning and emphasis on relationship banking for SMBs and middle-market clients.

Broad incumbents

• Hilltop Holdings: Diversified financial holding company with banking (PlainsCapital), insurance, and broker-dealer operations. Comparable broader financial-services scope at larger scale than Central Bancompany.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/boonebank
• Facebookfacebook.com/CentralBank
• LinkedInlinkedin.com/company/central-bank

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

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 Boone County National Bank