RangeBank
RangeBank is an FDIC-insured, independent community bank founded in 1887, headquartered in Marquette, Michigan, serving individuals, small businesses, and high-net-worth clients across Michigan and Wisconsin with deposit, lending, mortgage, wealth, and trust services, plus community-driven products like the School Spirit Debit Card.
- Company typePrivate
- Founded1887
- HeadquartersMarquette, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
RangeBank firmographics
Firmographics- Name
- RangeBank
- Legal name
- Range Bank
- Website
- https://rangebank.com
- Company type
- Private
- Founded year
- 1887
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- RangeBank is an FDIC-insured, independent community bank founded in 1887, headquartered in Marquette, Michigan, serving individuals, small businesses, and high-net-worth clients across Michigan and Wisconsin with deposit, lending, mortgage, wealth, and trust services, plus community-driven products like the School Spirit Debit Card.
- Ownership category
- akta.pro rank
RangeBank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211)
- SIC
- National Commercial Banks (6021)
- akta.pro primary industry
- Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB)
- akta.pro secondary industries
- Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI), Credit Cards & Revolving Credit (FSABAAAC), Student & Youth Banking (FSABAAAH)
Keywords
Where RangeBank is headquartered
LocationHeadquarters
- HQ city
- Marquette
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
RangeBank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Interest Income: Revenue generated from interest on loans including mortgages, consumer loans, and business loans
- Deposit Services: Fees and interest spread from consumer and business deposit accounts including checking, savings, and CDs
- Financial Health Premium Services: Premium subscription service at $8.99/month offering enhanced credit monitoring from all three bureaus, identity theft insurance, dark web monitoring, and advanced financial tools
- Trust and Wealth Management: Wealth management, trust and estate management, and employer retirement plan solutions
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Simply FREE Checking - No monthly fees, no minimum balance |
| Unit Pricing | Annual | Certificate of Deposit (CD) accounts with terms from 5 months to 60 months |
| Freemium | Monthly | My Financial Health Basic - Free financial tools |
| Subscription | Monthly | My Financial Health Premium - $8.99/month |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
RangeBank product offering
Product offeringCore offering
RangeBank is a community bank that accepts personal and business deposits (checking, savings, CDs), originates consumer, business, and mortgage loans, issues personal and business credit cards, and delivers trust, estate, and wealth management services. Distribution is through physical branches in Michigan and Wisconsin, complemented by online/mobile digital banking, the School Spirit debit card program, and a freemium financial wellness tool called My Financial Health.
Product overview
RangeBank is a community bank offering a comprehensive suite of personal and business banking products across Michigan and Wisconsin. The bank operates a platform-plus-product model with core banking services including checking accounts (Simply Free Checking, Personal Checking, Business Checking), savings accounts (Personal Savings, Business Savings), credit cards, and consumer/business loans. Additional offerings include mortgage lending services, wealth management, trust and estate management, and employer retirement plan solutions. Notable specialized products include the School Spirit Debit Card program that donates to local schools, and My Financial Health, a free financial wellness tool available through digital banking. The bank also offers Certificate of Deposit accounts with terms ranging from 5 months to 60 months. RangeBank is merging with Superior National Bank.
Differentiator
Problem solved
Functional benefit
Products and services
- Simply Free Checking Personal checking account with no monthly fees and no minimum balance, providing full access to RangeBank digital banking tools for individual consumers.
- Personal Checking Traditional personal checking account options for individuals with features to meet day-to-day banking needs.
- Personal Savings Savings account for individuals to deposit funds and earn competitive interest to grow personal savings.
- Digital Banking Online and mobile banking service enabling RangeBank customers to manage their accounts, pay bills, and access financial tools digitally.
- Certificate of Deposit (CD) Fixed-term savings accounts with FDIC insurance up to $250,000, offered in terms ranging from 5 months to 60 months with competitive Annual Percentage Yields (rates from 2.50% APY to 3.70% APY effective June 25, 2026, minimum $1,000).
- Personal Credit Cards Credit card products for personal use, providing rewards and benefits programs for individual cardholders.
- Consumer Loans Personal installment loans for financing cars, boats, campers, and motorcycles with competitive rates, flexible terms, and no prepayment penalties.
- My Spend Teen Fee-free deposit account designed for teenagers that allows parents to monitor spending and create teachable money moments.
- School Spirit Debit Card Community-focused debit card program in which RangeBank donates 5 cents to a participating Upper Peninsula school chosen by the cardholder on every transaction, supporting local K-12 education.
- My Financial Health Financial wellness service available through RangeBank digital banking and the mobile app that includes Experian VantageScore credit monitoring, identity protection, exposed private information visibility, subscription monitoring/cancellation, and student loan management; Premium tier at $8.99/month adds three-bureau credit monitoring, identity theft insurance, dark web monitoring, social security monitoring, address change monitoring, brokerage-site personal information removal, rent reporting to TransUnion, federal student loan tools, and a debt navigator.
- Business Checking Checking account designed for businesses, providing dedicated tools to manage business finances and cash flow.
- Business Savings Business savings account enabling companies to deposit funds and earn interest on operating reserves.
- Business Credit Cards Credit cards designed for business expenses, including spending controls and rewards programs for business cardholders.
- Business Loans Loan products providing financing for small and mid-sized local businesses.
- Business Treasury Management Services Services that help businesses manage cash flow, payments, and day-to-day financial operations.
- Mortgage Loan Services Home mortgage lending services for purchase and refinance loans to consumers.
- Wealth Management Services Comprehensive wealth management services for individuals, including investment management and financial planning.
- Trust & Estate Management Trust and estate planning services that help manage and protect assets for future generations.
- Employer Retirement Plan Solutions Retirement plan solutions offered by employers to their employees as a workplace benefit.
- Financial Planning Professional financial planning services to help individuals work toward their financial goals.
- Trust & Wealth Management Online Access Online portal for trust and wealth management clients to access and manage accounts and services.
- Range Investment Online Access Online portal for investment account access and management provided through netxinvestor.com.
Quantifiable outcome
- 5-cent donation to participating schools for every School Spirit debit card transaction
Companies that use RangeBank
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
RangeBank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
RangeBank partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- IntraFicoreRange Bank offers ICS (Insured Cash Sweep) and CDARS (Certificate of Deposit Account Registry Service) through IntraFi's network, allowing customers to access multi-million dollar FDIC protection by working directly with just one bank.
Scale indicators3 records
Recent moves4 records
Expansion highlights5 records
RangeBank competitors and assessment
Company assessmentDirect peers
- mBank: Michigan-based independent community bank serving the Upper Peninsula and northern Lower Peninsula. Directly comparable in geography, scale, and product mix to Range Bank, including personal/business banking, loans, and digital services.
- Honor Bank: Community bank headquartered in Honor, Michigan, serving the northwest Lower Peninsula and eastern Upper Peninsula. Comparable to Range Bank in footprint, customer base (individuals and small businesses), and community-bank business model.
- Nicolet National Bank: Wisconsin-headquartered community bank with a strong Upper Peninsula and northern Wisconsin presence. Comparable to Range Bank as a community bank with similar deposit, lending, and wealth management products across an overlapping regional footprint.
- IncredibleBank: Upper Peninsula-focused community bank offering personal, business, and mortgage banking services. Direct competitor in Range Bank's home geography with a closely matched product suite.
- First National Bank of Michigan: Michigan-based community bank providing personal and business banking, lending, and treasury services. Comparable in scale, customer segments, and community-bank operating model.
Regional players
- Lake Michigan Credit Union: Michigan-based credit union, the state's largest, offering personal and business banking products across western Michigan. Comparable to Range Bank on product breadth and Michigan consumer/SMB focus, though operating as a credit union rather than a community bank.
- Consumers Credit Union: Michigan-based credit union offering deposit, lending, and wealth products to individuals and businesses across the state. Comparable in customer segments (consumer and small business) and Michigan footprint, though structured as a credit union.
Broad incumbents
- Huntington Bancshares: Large regional bank with deep Michigan and Midwest presence offering personal, business, and wealth banking. Competes with Range Bank across all of Range Bank's product categories but at much greater scale and with broader geographic reach.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
RangeBank social profiles
Digital presenceRangeBank compliance and trust
Trust signalCompliance5 records
RangeBank financial estimates
Financial estimateRevenue estimate
Valuation estimate
RangeBank leadership team
Management profileNumber of profiles
RangeBank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RangeBank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RangeBank
What does RangeBank do?
RangeBank is a community bank that accepts personal and business deposits (checking, savings, CDs), originates consumer, business, and mortgage loans, issues personal and business credit cards, and delivers trust, estate, and wealth management services. Distribution is through physical branches in Michigan and Wisconsin, complemented by online/mobile digital banking, the School Spirit debit card program, and a freemium financial wellness tool called My Financial Health.
Is RangeBank a public or private company?
RangeBank is a private company. It is classified as unknown and is currently operating.
When was RangeBank founded?
RangeBank was founded in 1887. It employs 101 to 250 people.
Where is RangeBank based?
RangeBank is headquartered in Marquette, United States, in the North America region.
How does RangeBank make money?
Four revenue lines are on record. Interest Income is the primary driver. The others are deposit Services, financial Health Premium Services and trust and Wealth Management.
Who are RangeBank's main competitors?
Direct peers on record are mBank, Honor Bank, Nicolet National Bank, IncredibleBank and First National Bank of Michigan. Regional players are Lake Michigan Credit Union and Consumers Credit Union. Huntington Bancshares is listed as a broad incumbent.
Does RangeBank have an API?
No public API is recorded for RangeBank.
What industry is RangeBank in?
RangeBank's product category is Community Banking. Its primary akta.pro industry code is FSABAAAB, Retail Lending (Personal Loans, Auto, Credit Lines), with a secondary code of FSABAAAI, Small Business Banking (Microbusiness/Sole Proprietor). Its NAICS code is 52211 and its SIC code is 6021.