What ACB Bank does

ACB Bank is an independently owned community bank headquartered at 323 S. Grand in Cherokee, Oklahoma, with a continuous operating history dating to January 29, 1908. The bank operates three physical branches — Cherokee (headquarters), Waukomis, and Garber (acquired in 2006) — within north-central Oklahoma, and is FDIC-insured with Equal Housing Lender status. Originally chartered as The Winnie State Bank, the institution has operated under successive names (Alfalfa County National Bank, Alfalfa County Bank) before rechartering as ACB Bank on June 14, 2004. The bank serves individual consumers, small businesses, and the regional agricultural sector with a full suite of traditional banking products.

The product portfolio spans personal and business deposit accounts (Traditional Checking, Green Checking, Interest Checking, Money Market Checking, Personal Savings, Business Savings, and Certificates of Deposit with terms from 91 days to 5 years) and lending products (residential mortgages with up to 80% LTV and no PMI, construction loans, auto loans, personal installment loans, small business/SBA loans, and a specialized agriculture lending suite including farm mortgages, Farm Ready Line of Credit, livestock and equipment financing, and FSA-guaranteed loans). Supporting services include safe deposit boxes ($15–$45 annual), 24/7 Telebank telephone banking, an online banking portal, a mobile banking app on iOS and Android, the LifeStages financial guidance program, and a library of over 40 financial calculators.

The technology backbone consists of a traditional core banking platform with Jack Henry Digital's Banno platform powering online and mobile banking, deployed at acbbank.shazambanking.net. Revenue mechanics follow the standard community bank model: net interest income from the loan-deposit spread is primary, supplemented by account-related fees including a $7.50 monthly fee on Interest Checking below $1,000 minimum daily balance, a $10 monthly fee on Money Market below $2,500, a $5 monthly mailed-statement fee, $1 excessive withdrawal charges beyond six per cycle, $1 monthly ATM/debit card fees, and safe deposit box rentals. GTM motion combines in-person branch service and local loan decision-making with self-serve digital channels, targeted primarily at community and agricultural customers within its regional footprint.

Name

ACB Bank

Legal name

ACB Bank

Website

https://acbbank.net

Company type

Private

Founded year

1908

Operating status

Operating

Ownership category

akta.pro rank

Headquarters

HQ city

Cherokee

HQ country

United States

HQ region

North America

Offices3 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: ACB Bank generates revenue primarily through net interest income — the spread between interest earned on loans (mortgages, auto loans, personal loans, business loans, agriculture loans) and interest paid on deposits (checking, savings, CDs). This is the core revenue model for a traditional community bank.
2. Deposit and Account Fees: The bank charges fees on certain account products, including a $5 monthly statement fee for Traditional Checking (mailed statements), a $7.50 monthly fee for Interest Checking accounts that fall below the $1,000 minimum daily balance, and a $10.00 monthly fee for Money Market accounts below the $2,500 minimum balance. Excessive withdrawal fees ($1.00 per withdrawal) apply on savings accounts beyond the 6 monthly limit.
3. Safe Deposit Box Rentals: The bank offers safe deposit boxes at branch locations for an annual non-refundable fee ranging from $15 to $45, providing ancillary revenue.
4. ATM/Debit Card Fees: Business Checking accounts include ATM/Visa Check Cards with a $1/month per card fee. Additional fees may apply for card-based transactions.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

ACB Bank is a community bank in Cherokee, Oklahoma, operating since 1908, offering personal and business deposit accounts (checking, savings, money market, CDs), consumer and commercial loans (mortgages, auto, installment, construction, small business, and agricultural financing), and digital banking services (online, mobile, telephone). It serves individuals, small businesses, and agricultural operators in the local market.

Product overview

ACB Bank is a community bank offering a comprehensive suite of traditional banking products and digital services. The core product portfolio includes personal and business deposit accounts (Traditional Checking, Green Checking, Interest Checking, Money Market Checking, Personal Savings, Business Savings, and Certificates of Deposit in various terms), along with lending products (Mortgages, Auto Loans, Personal Installment Loans, Construction Loans, Small Business Loans, and specialized Agriculture Loans including Farm Mortgage, Farm Lines of Credit, Livestock and Equipment Financing, and Guaranteed Farm Loans). Supporting services include Online Banking, Mobile Banking App, Telebank telephone banking, Safe Deposit Boxes, and Financial Calculators. The bank also provides educational resources through ID Theft Education and LifeStages financial planning guides organized by life stages.

Differentiator

Problem solved

Functional benefit

Products and services

• Traditional Checking Personal checking account offered by ACB Bank to individual consumers.
• Green Checking Personal checking account with no monthly service charge, aimed at individual consumers seeking a low-cost everyday banking account.
• ACB Interest Account Interest-bearing personal checking account for individual consumers.
• Money Market Checking Personal money market checking account with interest rates that vary based on account balance, for individuals seeking higher yields on cash balances.
• Personal Savings Account Personal savings account for individual consumers to hold and grow deposits.
• Certificate of Deposit Personal fixed-term certificate of deposit with interest rates that vary based on the chosen term, for individual consumers seeking time deposits.
• Free Business Checking Business checking account with no monthly service charge, designed for small businesses and commercial operators.
• Business Savings Account Business savings account for small businesses and commercial operators to hold idle cash balances.
• Business Certificate of Deposit Business certificate of deposit with interest rates that vary based on the chosen term, for small businesses and commercial operators.
• Mortgage Residential Real Estate Loan Personal residential mortgage loan for individuals purchasing or refinancing a home.
• Construction Loan (Personal) Personal construction loan for individuals to finance the construction of a home.
• Auto Loans Personal installment loan for automobiles, boats, motorcycles, or other large-scale personal purchases, offered at low interest rates with optional credit life insurance and an Automatic Repayment Plan from checking.
• Construction Loans (Business) Construction loan for businesses financing commercial construction projects.
• Small Business Loans Small business loan facilities for local commercial borrowers seeking working capital or expansion financing.
• Farm Mortgage Program Mortgage program for farmland and agricultural real estate, targeted at farmers and ranchers.
• Farm Ready Line of Credit Revolving line of credit for farmers to fund seasonal operating expenses and short-term agricultural needs.
• Farm Livestock Financing Loan product for financing the purchase of livestock by farmers and ranchers.
• Farm Equipment Financing Loan product for financing the purchase of farm equipment and agricultural machinery.
• Commercial Agriculture Loans Commercial loan facilities for agribusiness operators in the bank's lending area.
• Guaranteed Farm Loans Farm loan program offering government-backed credit to qualifying farmers and ranchers.
• Safe Deposit Boxes Rental of safe deposit boxes at the ACB Bank branch for individual consumers and businesses to secure valuables and documents.
• Telebank (24-Hour Telephone Banking) 24-hour telephone banking service that allows customers to access account information and conduct transactions by phone.
• Online Banking Online banking portal that allows customers to access account information and conduct transactions via a web browser.
• ACB Bank Mobile App Mobile banking application available on iOS and Android devices for account access and transactions.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Jack Henry Digital (Banno)coreTechnology or IntegrationJack Henry Digital provides the bank's core digital banking platform. The website footer states 'Created by Jack Henry Digital' and the online banking portal uses the Banno platform. This is the bank's primary digital banking infrastructure partner enabling online and mobile banking services.
• FDIC (Federal Deposit Insurance Corporation)coreOthersACB Bank is FDIC-insured, backed by the full faith and credit of the U.S. Government. All deposits are insured up to the maximum allowed by law.
• HUD (U.S. Department of Housing and Urban Development)minorOthersACB Bank is designated as an Equal Housing Lender, indicating compliance with HUD fair housing requirements.
• FSA (Farm Service Agency)coreOthersACB Bank offers FSA Guaranteed Loans — farm loans with special terms and benefits for farm owners and operators, backed by the USDA Farm Service Agency.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• MidFirst Bank: Oklahoma-headquartered community bank with a strong personal and business banking franchise across the state. Comparable product set (checking, savings, mortgages, consumer and commercial loans) and similar community-bank positioning make it a directly competing Oklahoma peer.
• FirstBank (Oklahoma): Oklahoma community bank offering checking, savings, CDs, mortgages, and consumer/business loans. Comparable as a directly competing state-chartered community bank with overlapping retail and small-business banking products in the Oklahoma market.
• BancFirst: Largest Oklahoma state-chartered bank headquartered in Oklahoma City. Comparable as a community/commercial bank offering deposit accounts, business and ag lending, mortgages, and digital banking across Oklahoma — directly competing with ACB Bank for the same regional customers and small businesses.
• SpiritBank: Oklahoma-based community bank offering personal, business, and mortgage lending alongside deposit products. Comparable as a state-chartered community bank competing for similar retail and small-business customers in Oklahoma.

Broad incumbents

• Bank of Oklahoma (BOK Financial): Large regional financial holding company headquartered in Tulsa offering commercial banking, wealth management, and capital markets. Operates Bank of Oklahoma as its retail/community banking arm and competes broadly with ACB Bank across Oklahoma deposit and loan markets.

Regional players

• Arvest Bank: Regional community bank operating across Arkansas, Oklahoma, Missouri, and Kansas. Comparable as a community-oriented bank offering deposit accounts, mortgages, consumer lending, and small business banking; serves many of the same rural/small-town customer profiles as ACB Bank within overlapping Oklahoma geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/acbbank.net

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 ACB Bank