AVB Bank

What AVB Bank does

AVB Bank is a privately held, FDIC-insured community bank headquartered in Broken Arrow, Oklahoma, founded in 1905 — two years before Oklahoma statehood — making it one of the oldest operating community banks in the state. The bank operates a regional, Oklahoma-focused footprint through physical branches supplemented by a Banno-powered digital banking platform with online account opening, mobile deposit, text alerts, and online/mobile account management. Its product suite spans four customer segments: Personal Banking (Wise Checking, Wise Savings at 4.07% APY, savings and money market accounts, CDs/IRAs with IntraFi Network Deposits, HSAs, personal loans, personal credit cards), Business Banking (business deposits, treasury management, business credit cards, commercial and small business lending, and the BusinessManager tool), Wealth Management (AVB Investment Center and Private Banking), and Mortgage Services (AVB Mortgage Center and dedicated mortgage professionals).

Revenue is generated through a diversified mix including net interest income on personal, commercial, and mortgage loans; deposit account fees; credit card interchange and annual fees; investment advisory and product commissions through the AVB Investment Center; and treasury management service fees for commercial clients. The bank employs between 101 and 250 people, maintains an Executive Leadership Team led by President and CEO Ted Cundiff, and operates as an independent institution with no disclosed parent company or holding company affiliation. Distribution combines a sales-led community banking relationship model across Oklahoma branches with self-serve digital channels, supported by a multi-channel marketing presence across Facebook, Instagram, LinkedIn, Twitter, and YouTube.

Strategic positioning emphasizes local expertise, longevity, and relationship-based banking as primary differentiators against both larger regional banks and fintech entrants. Recent moves include a Greenlight partnership for family financial education, a competitive high-yield savings product to drive deposit growth, and continued investment in digital banking infrastructure — all executed within the existing Oklahoma service area rather than through geographic expansion or M&A.

Name

AVB Bank

Legal name

AVB Bank

Website

https://bankavb.com

Company type

Private

Founded year

1905

Operating status

Operating

Headcount range

101–250 employees

Short description

AVB Bank is a privately held, FDIC-insured community bank headquartered in Broken Arrow, Oklahoma, serving retail, business, wealth, and mortgage customers across Oklahoma since 1905 through branch and digital channels.

Ownership category

akta.pro rank

Headquarters

HQ city

Broken Arrow

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Primary revenue stream from interest earned on loans including personal loans, business loans, commercial lending, and mortgages. Interest is charged on outstanding loan balances at rates disclosed in the Rates & Terms section.
2. Deposit Account Fees: Fees associated with deposit accounts including checking and savings accounts, potentially including maintenance fees, overdraft fees, and other service charges.
3. Investment Services: Revenue from the AVB Investment Center providing investment products and services to customers, including advisory fees and product commissions.
4. Credit Card Fees: Fees from personal and business credit cards including interchange fees, annual fees, and other card-related charges.
5. Treasury Management Services: Business banking and treasury management services providing cash flow management, working capital solutions, and business process simplification for commercial clients.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

AVB Bank is an FDIC-insured Oklahoma community bank that provides personal and business deposit accounts, consumer and commercial lending, residential mortgages, and wealth management services. Core offerings include the Wise Checking and Wise Savings accounts, CDs/IRAs, personal and business loans, treasury management, the AVB Mortgage Center, and the AVB Investment Center, delivered through a network of physical branches and a digital banking platform with mobile deposit and text alert capabilities.

Product overview

AVB Bank is a community bank headquartered in Broken Arrow, Oklahoma, serving Oklahomans since 1905. The bank operates as a traditional FDIC-insured financial institution offering an integrated suite of banking products across four main segments: Personal Banking (Wise Checking, Wise Savings, Personal Savings & Money Market, CDs/IRAs, Health Savings Accounts, Personal Loans, and Personal Credit Cards), Business Banking (Business Deposits, Treasury Management, Business Credit Cards, Commercial Lending, and BusinessManager®), Wealth Management (AVB Investment Center and Private Banking), and Mortgage Services (AVB Mortgage Center and AVB Mortgage Professionals). These products are delivered through a combination of physical branch locations and a Digital Banking platform (powered by Banno), with supplementary features including Mobile Deposit, Text Alerts, and a Greenlight partnership for family financial tools.

Differentiator

Problem solved

Functional benefit

Brands

• Wise Checking: A checking account designed to make everyday banking simple, convenient, and rewarding.
• Wise Savings
• AVB Investment Center
• AVB Mortgage Center
• Greenlight

Products and services

• Wise Checking A personal checking account designed for everyday banking needs, intended to be simple, convenient, and rewarding. Serves individual retail customers in Oklahoma and is a prerequisite for opening a Wise Savings account.
• Wise Savings A personal savings account offering a competitive 4.07% APY yield with local service, designed to help retail customers grow their savings toward their goals. Available only to customers who also open a Wise Checking account.
• Personal Savings & Money Market Savings and money market deposit accounts offered to personal banking customers to grow their savings with competitive rates. Designed for individual consumers in Oklahoma seeking higher-yield insured deposit options beyond standard savings accounts.
• CDs, IRAs & IntraFi CD Option Certificate of deposit products including traditional CDs, Individual Retirement Accounts, and the IntraFi Network Deposits CD Option, which provides FDIC insurance coverage beyond standard deposit insurance limits. Targeted at individual consumers seeking term deposits, retirement savings vehicles, and expanded FDIC coverage.
• Health Savings Accounts Tax-advantaged Health Savings Accounts designed for individuals enrolled in high-deductible health plans to save and pay for qualified medical expenses. Serves individual consumers seeking tax-advantaged healthcare savings vehicles.
• Personal Loans Personal loan products for individual consumers, including auto loans, personal lines of credit, and other consumer lending solutions for personal financing needs. Designed for retail customers seeking credit for personal use.
• Personal Credit Cards Consumer credit card products for personal spending, with various rewards and benefits programs attached. Offered to individual retail customers for everyday and discretionary purchases.
• Business Deposits Business checking and deposit account services designed for commercial customers to manage day-to-day operational finances. Targeted at small and mid-sized businesses in Oklahoma needing full-service business deposit accounts.
• Treasury Management Treasury management services providing cash flow improvement and working capital solutions, with tools to help businesses access capital faster and simplify day-to-day financial processes. Targeted at commercial clients needing active cash flow management.
• Business Credit Cards Credit card products designed for business spending, with tools to help business owners manage and track expenses. Offered to commercial customers needing dedicated business payment cards.
• Commercial & Small Business Lending Business loan products and commercial lending services providing expertise to help small businesses navigate the loan process and fuel growth. Targeted at small businesses needing commercial financing for growth and operations.
• AVB Investment Center Comprehensive investment services and wealth management solutions to help customers turn financial aspirations into realities. Serves individuals and families seeking investment advisory and wealth management services.
• Private Banking Premium banking services for high-net-worth individuals offering personalized financial solutions and dedicated relationship management. Targeted at high-net-worth clients needing concierge-level banking and wealth services.
• AVB Mortgage Center Residential mortgage loan services helping customers open the door to homeownership with various loan products and competitive rates. Targeted at homebuyers, homeowners, and refinancing customers in Oklahoma.
• Greenlight Family Banking A family financial management and financial literacy product delivered through AVB's partnership with Greenlight, offering debit cards for children with spending controls, savings goals, and educational features. Offered at no monthly cost to eligible AVB customers during the promotional period.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• GreenlightcoreGTM or Marketing Partner · 1 June 2025AVB Bank has partnered with Greenlight to bring family banking services to AVB customers. Greenlight is a financial technology platform that helps families teach children about earning, saving, and spending wisely. Through this partnership, eligible AVB customers receive free Greenlight access plus a free custom Greenlight Card (a $79.99 annual value) during the June 2026 promotional period.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• BOK Financial (Bank of Oklahoma): Oklahoma-headquartered regional bank providing commercial banking, treasury management, mortgage, and wealth services — overlaps AVB's customer segments and operating geography.
• SpiritBank: Tulsa-based community bank offering personal, business, and mortgage banking in the same Oklahoma market — closest like-for-like community-bank peer to AVB.
• Arvest Bank: Large community/regional bank serving Oklahoma, Arkansas, and Missouri with comparable deposit-taking, commercial lending, and wealth offerings — same community-bank playbook scaled differently.
• BancFirst: Oklahoma's largest state-chartered community bank with full personal, business, and treasury management lines — directly comparable to AVB Bank on geography, charter structure, and product breadth.
• Cornerstone Bank: Oklahoma-based community bank operating branches and commercial lending across similar geographies, with comparable size to AVB.
• First National Bank of Oklahoma: Oklahoma community bank focused on personal and small-business banking with branch-based distribution — directly comparable community-bank franchise.

Broad incumbents

• First Horizon Bank: Large regional bank with community banking roots across the Southeast and Texas — broader footprint than AVB but overlapping target customer (SMBs, retail, mortgage).
• JPMorgan Chase (Oklahoma retail): National incumbent with branch presence in Oklahoma targeting the same retail/SMB segments as AVB — competes for deposits, mortgages, and small-business credit.

Emerging players

• Pinnacle Financial Partners: Tennessee-headquartered community bank emphasizing relationship banking, commercial lending, and wealth management — same playbook as AVB but at larger scale.
• Independent Bank Group: Texas-based community bank focused on commercial banking, retail deposits, and mortgage — comparable franchise model and product mix to AVB Bank.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/avbbank
• YouTubeyoutube.com/channel/UC87Rh3Jkx57R_N6HST_sGhg
• Facebookfacebook.com/avbbank
• LinkedInlinkedin.com/company/avb-bank
• Instagraminstagram.com/avbbank

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 AVB Bank