Montgomery Bank

Name

Montgomery Bank

Legal name

Montgomery Bank

Website

https://montgomerybank.com

Company type

Private

Founded year

1957

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

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

SIC

State Commercial Banks (6022)

akta.pro primary industry

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

akta.pro secondary industries

Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE), Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB)

Keywords

• Community banking services
• Personal banking products
• Business banking solutions
• Consumer lending
• Mortgage services

Headquarters

HQ city

Cape Girardeau

HQ country

United States

HQ region

North America

Offices13 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Traditional bank revenue from interest spreads on loans including mortgages, consumer loans, and business credit. Offers competitive mortgage rates and various loan products.
2. Deposit Account Fees: Monthly maintenance fees, paper statement fees ($3/month for non-eStatement customers), overdraft fees, and ATM fee refunds. Some accounts have balance requirements to waive fees.
3. Service Charges: Various service fees including $10.00 per item for excess debits on certain accounts, $0.25 per deposited item after free allowance, and $10 interchange fee for debit card loan payments.
4. Rewards Program Revenue Share: Revenue from reward checking account programs where customers earn cash back or interest based on activity, funded by interchange fees on debit card transactions.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Montgomery Bank is a community bank that provides personal and business banking products and services, including checking accounts, savings accounts, money market accounts, certificates of deposit, consumer loans, mortgages, credit cards, and digital banking tools. It operates 12 branches across Southeast Missouri and the St. Louis area, serving local consumers and small-to-medium businesses.

Product overview

Montgomery Bank is a family-owned community bank (since 1957) headquartered in Sikeston, Missouri, offering a comprehensive suite of personal and business banking products through both traditional branch locations and digital channels. The core product is its Online & Mobile Banking platform, which serves as the primary delivery channel for account management, payments, and card services. Personal banking centers on reward checking accounts (eGold, eBlue, Cash Back) that offer tiered interest rates or cash back when qualification requirements are met, paired with complementary savings accounts. Digital add-on modules include Zelle® peer-to-peer payments, TransferNow external transfers, Bill Pay, CardProtect® for debit card management, Credit Sense credit monitoring, Secure Now authentication, Change Saver automated savings, and Notifi Alerts. Business banking includes various checking account tiers (Blue Business, Organizational, Gold Commercial Analysis, Merchant Money Market) supplemented by cash management services (Positive Pay, eDeposits, Direct Deposit, Sweep Services) requiring enhanced security via Soft Tokens. The bank operates 12 branches across Southeast Missouri and St. Louis regions.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Accounts
• Personal Savings Accounts
• Certificates of Deposit
• Business Checking Accounts
• Mortgages and Home Equity Loans
• Credit Cards
• Online and Mobile Banking
• Business Online Banking

Quantifiable outcome

• Up to 3.01% APY on eGold Checking with linked savings when requirements met
• +2 more outcomes

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature5 records

Partnerships

Five partnerships are on record, tiered core.

• Zelle (Early Warning Services)coreTechnology or IntegrationPartnership to provide Zelle person-to-person payment service within online and mobile banking platforms, enabling fast money transfers between bank accounts using email or phone numbers.
• MoneyPasscoreTechnology or IntegrationATM network partnership providing surcharge-free cash access at thousands of MoneyPass ATM locations nationwide for Montgomery Bank debit cardholders.
• FiservcoreTechnology or IntegrationTechnology provider for online banking, mobile banking app, Soft Tokens for business banking, and Notifi alerts system. Powers core digital banking infrastructure.
• VASCO (Digipass)coreTechnology or IntegrationSecurity technology partner providing Digipass soft token application for two-factor authentication in business online banking.
• VisacoreTechnology or IntegrationCard network partnership enabling contactless debit cards, digital wallet integration, and transaction processing for Montgomery Bank debit and credit cards.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Great Southern Bank: Great Southern Bank is a Missouri-headquartered community bank with a similar multi-branch retail and small business banking model across the state, comparable deposit and consumer loan products, and overlapping Southeast Missouri geography — directly comparable in scale, footprint, and product mix to Montgomery Bank.
• First Bank (St. Louis): First Bank is a St. Louis-headquartered privately held community bank with a comparable branch-based retail and commercial banking model, similar family-owned governance philosophy, and direct overlap in the St. Louis metro market where Montgomery Bank operates seven branches.
• Oakstar Bank: Oakstar Bank is a Missouri-based community bank operating branches in Southwest Missouri and the Ozarks region with a comparable product suite spanning personal checking, savings, mortgages, and small business banking. Comparable scale and operating model, with regional rather than national footprint.
• Equity Bancshares: Equity Bancshares is a Kansas/Missouri-focused community bank holding company operating a comparable retail and commercial banking franchise across the region. Similar size bracket, deposit-driven business model, and emphasis on relationship banking in secondary Midwestern markets.
• First Mid-Illinois Bancshares: First Mid-Illinois Bancshares is a publicly traded community bank holding company with comparable retail and commercial banking products, similar size bracket, and a similar multi-branch community banking approach in the Midwest. Directly comparable on business model and product mix.
• Busey Bank: Busey Bank is a Midwest-focused community bank with comparable retail, mortgage, and commercial banking products, similar size tier, and a similar relationship-driven community banking model. Operates across Illinois, Missouri, Indiana, and Florida, providing overlap with Montgomery Bank's Missouri footprint.

Broad incumbents

• Commerce Bank (Commerce Bancshares): Commerce Bancshares is a larger Missouri-based regional bank holding company operating a broad retail, commercial, and wealth management franchise across multiple states including the St. Louis metro. It is comparable to Montgomery Bank in product breadth and Missouri market focus, but operates at significantly greater scale with a more diversified revenue base.
• Central Bancompany (CGB): Central Bancompany is a Missouri-based multi-bank holding company with community banks across Missouri and surrounding states, offering comparable retail, mortgage, and commercial banking products. Similar family/holding company ownership structure and community banking philosophy; operates at a larger aggregate scale than Montgomery Bank.
• Arvest Bank (Arvest Holdings): Arvest Bank is a larger Midwestern community bank holding company operating across Arkansas, Missouri, Kansas, and Oklahoma with comparable deposit, mortgage, consumer lending, and small business products. Overlaps with Montgomery Bank in Missouri markets but operates at substantially greater scale and geographic breadth.
• Simmons First National Bank: Simmons First is a regional community bank holding company operating across multiple Midwestern and Southern states with a comparable community banking franchise, similar deposit and consumer loan product mix, and overlapping Missouri presence. Larger and more geographically diversified than Montgomery Bank.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/MontgomeryBank
• Instagraminstagram.com/montgomery_bank
• Xx.com/montgomerybank

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

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 Montgomery Bank