What Adelphi Bank does

Adelphi Bank is a privately held, single-branch community bank headquartered at 800 East Long Street in Columbus, Ohio, founded with an explicit mission to advance financial equity and serve underserved communities. The bank operates a full-stack retail and commercial franchise: personal banking spans four consumer checking tiers (Adelphi Access, Builder, Enhanced, and Premier), three savings products, CDs, auto loans, and five personal Visa credit cards plus a business credit card; business banking includes tiered business checking, business savings and money market, a full commercial lending suite (commercial real estate, equipment, construction, lines of credit, and investment property loans), and cash management services (Remote Deposit Capture, Positive Pay, Merchant Services). Its core technology stack runs on a Finastra core banking platform (referenced in job postings) with online and mobile banking, remote deposit capture, automated fraud detection via Positive Pay, and merchant services for SMB clients.

The bank's revenue model is a conventional community-bank construct: net interest income from the loan portfolio (CRE, C&I, equipment, construction, consumer) funded by deposits is the primary driver, supplemented by fee income from monthly service charges across checking and savings tiers, overdraft and wire fees, interchange from personal and business Visa cards, and cash management/merchant services. Pricing is subscription-style — recurring monthly service fees waived at minimum-balance thresholds — across a horizontal segmentation that addresses consumers, SMBs, commercial clients, and non-profits in the Columbus metro. Customer acquisition is relationship-based via community outreach, referrals, and a purpose-driven brand anchored on financial-equity messaging, with account opening conducted in-person at the Lincoln Bronzeville branch. Mortgage demand is referred to partner banks rather than served in-house.

Adelphi reports asset growth of 56% and deposit growth of approximately 80% in 2025, indicating a high-velocity scaling phase. The leadership team is led by Founder & Vice Chairman Kevin Boyce (Franklin County Commissioner) and Chairman & CEO Jordan Miller (formerly President and CEO of Fifth Third Central Ohio), with executive depth from Fifth Third, Huntington, KeyBank, and WesBanco. The board includes former Columbus Mayor Michael Coleman, former Ohio State Controller Greta Russell, and senior partners from Squire Patton Boggs and Crabbe Brown & James. No external institutional or venture-capital funding is disclosed, and the bank remains privately held under community/founder ownership.

Name

Adelphi Bank

Legal name

Adelphi Bank

Website

https://adelphibank.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

Adelphi Bank is a privately held, single-branch community bank in Columbus, Ohio offering consumer and business checking, savings, CDs, credit cards, and commercial lending (CRE, C&I, equipment, construction) to underserved local consumers, SMBs, and commercial clients via a relationship-based, mission-driven model.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211)

SIC

State Commercial Banks (6022)

akta.pro primary industry

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

akta.pro secondary industry

Balance-Sheet / Portfolio CRE Lending (FSALADAG)

Keywords

• Community banking services
• Commercial lending products
• Consumer deposit accounts
• Cash management services
• Credit card programs

Headquarters

HQ city

Columbus

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. Net Interest Income: Interest income from loan portfolio (commercial real estate, commercial & industrial, equipment loans, construction loans, lines of credit, auto loans, personal loans) minus interest paid on deposits. Core revenue driver for the bank.
2. Non-Interest Income - Fee-Based Services: Monthly service fees on deposit accounts (checking, savings, money market), overdraft fees, wire transfer fees, stop payment fees, cashier's check fees ($5), check ordering fees, and account-related service charges.
3. Credit Card Revenue: Interchange revenue and fees from personal and business credit card programs. Multiple card products including Rewards Platinum Visa, Cash Rewards Platinum Visa, Platinum Edition Visa, Secured Platinum Visa, and Visa Signature Travel.
4. Cash Management & Merchant Services: Fees for cash management services including remote capture, merchant services, night depository, and business credit cards for commercial clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Adelphi Bank is a community bank offering a full suite of personal and business deposit products (personal and business checking tiers, savings, money market, CDs), consumer credit cards, auto loans, commercial lending (CRE, C&I, equipment, construction, lines of credit, investment property), and cash management services (remote deposit capture, positive pay, merchant services). It is headquartered in a single Columbus, Ohio branch and is FDIC-insured.

Product overview

Adelphi Bank is a community-focused bank in Columbus, Ohio offering a comprehensive suite of banking products. The portfolio consists of personal banking products (checking accounts including Adelphi Access, Adelphi Builder, Adelphi Enhanced Checking, and Adelphi Premier Checking; savings products including Adelphi Saver, Adelphi Future Saver, and Adelphi Money Market Savings; Certificates of Deposit; Auto Loans; and six credit card variants including Rewards Platinum Visa, Cash Rewards Platinum Visa, Platinum Edition Visa, Secured Platinum Visa, and Visa Signature Travel) and business banking products (Business Banking Checking, Business Interest Checking, Commercial Checking, Non-Profit/Organizational Checking; Business Savings Account; Business Money Market; commercial lending products including Equipment Loans, Construction Loans, Business Line of Credit, Commercial Real Estate Loans, and Investment Property Loans; Business Credit Card; and cash management services including Remote Deposit Capture, Positive Pay, and Merchant Services). The bank does not offer mortgage loans, referring those to partner banks.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Accounts (Adelphi Access, Builder, Enhanced, Premier) A suite of consumer checking accounts: Adelphi Access (no monthly fee, no minimum balance, free online banking); Adelphi Builder (second-chance checking with $50 minimum opening deposit and $5 monthly fee); Adelphi Enhanced ($8 monthly fee waived with $2,000 balance or direct deposits, unlimited check writing); and Adelphi Premier ($15 monthly fee waived with $5,000 balance or direct deposits, interest on balances of $2,500 or greater, free standard checks, free cashier's check, and free incoming domestic wire).
• Personal Savings Accounts (Adelphi Saver, Future Saver, Money Market) Consumer savings accounts: Adelphi Saver (earn interest, $5 monthly fee waived with $300 average monthly balance); Adelphi Future Saver (for minors and students under 18, no minimum deposit and no balance requirement, automatic transfer available); and Adelphi Money Market Savings (competitive tiered interest rates, $100 minimum deposit, $10 monthly fee waived with $10,000 average monthly balance).
• Certificates of Deposit (CDs) CDs with terms ranging from 6 months to 60 months, $500 minimum opening deposit, fixed interest rate throughout the term, FDIC insured, and automatic renewal at the end of the term.
• Auto Loans Personal installment loans to finance consumer vehicle purchases, offered directly by Adelphi Bank to consumer borrowers.
• Personal Credit Cards (Rewards Platinum Visa, Cash Rewards Platinum Visa, Platinum Edition Visa, Secured Platinum Visa, Visa Signature Travel) A five-variant consumer credit card portfolio including points-earning (Rewards Platinum Visa), cash-back (Cash Rewards Platinum Visa), no-annual-fee (Platinum Edition Visa), credit-building secured (Secured Platinum Visa), and travel-benefits (Visa Signature Travel) cards.
• Business Checking Accounts (Business Banking Checking, Business Interest Checking, Commercial Checking, Non-Profit/Organizational Checking) A suite of business checking accounts: Business Banking Checking ($15 monthly fee when balance falls below $500, $100 minimum opening deposit); Business Interest Checking (competitive interest on balances, $25 monthly fee when balance falls below $1,000, $500 minimum opening deposit); Commercial Checking (no minimum balance, $20 monthly fee with monthly earnings credit that may offset the service fee); and Non-Profit/Organizational Checking (no monthly fee, no minimum balance, $100 minimum opening deposit).
• Business Savings Accounts (Business Savings, Business Money Market) Business deposit savings: Business Savings ($5 monthly fee waived with $500 minimum daily balance, $100 minimum opening deposit, competitive interest); Business Money Market ($10 monthly fee waived with $1,000 minimum daily balance, $500 minimum opening deposit, tiered interest rates).
• Commercial Lending Products (Equipment Loans, Construction Loans, Business Line of Credit, Commercial Real Estate Loans, Investment Property Loans) A commercial lending suite for real estate investors, business owners, and established companies: Equipment Loans for equipment financing; Construction Loans for project funding; Business Lines of Credit for working capital; Commercial Real Estate Loans for CRE financing; and Investment Property Loans for new and established investors building portfolios. Loans are originated through Adelphi's in-house commercial lending team.
• Business Credit Card A business credit card requiring an existing or new Adelphi business account, used by commercial customers to access revolving credit for business purchases.
• Remote Deposit Capture An electronic check deposit service that allows business customers to deposit checks remotely 24/7 from their office using a desktop scanner and the bank's online platform.
• Positive Pay An automated fraud detection tool that matches checks issued by a business against checks presented for payment, helping commercial clients prevent check fraud.
• Merchant Services Comprehensive electronic payment acceptance solutions for business customers, enabling merchants to process card and electronic payments.

Quantifiable outcome

• Assets grew by 56% in 2025
• +1 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Partner Banks (Mortgage Referrals)minorChannel Partner/ Reseller/ DistributorAdelphi Bank refers all mortgage requests to partner banks. This is a referral arrangement where the bank does not offer mortgage products directly but directs customers to partner institutions for mortgage lending.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Fifth Third Bank: Major regional bank with deep Central Ohio presence (Adelphi's CEO and CLO both came from Fifth Third). Provides the full product spectrum across consumer, commercial, and wealth management, competing for the same Columbus customers and deposits.
• Huntington Bancshares: Large regional bank headquartered in Columbus, Ohio — the same metro Adelphi serves. Offers a comprehensive suite of consumer, commercial, wealth, and treasury products at a national scale, with significantly greater resources than Adelphi.
• KeyBank: Major regional bank with strong Ohio footprint (Adelphi board member Melissa Ingwersen retired from KeyBank). Offers consumer, commercial, and mortgage products, and represents one of the established incumbents Adelphi competes against in Columbus.

Direct peers

• First Merchants Bank: Indiana-based community bank with significant Ohio presence (including Columbus), offering consumer and commercial banking, treasury management, and commercial lending. Directly comparable in community-bank positioning, product breadth, and Midwest geographic focus.
• Civista Bank: Ohio-headquartered community bank providing personal, business, and commercial lending products to consumers and small/mid-market businesses. Closely matches Adelphi's product mix and community-bank positioning within the Ohio market.
• Heartland Bank: A community bank headquartered in central Ohio (Gahanna/Columbus) offering personal and business banking, mortgages, and commercial lending to the same Columbus metro market Adelphi serves. Comparable in size, geographic focus, and full-service community banking model.
• Park National Bank: Ohio-headquartered community bank (Newark, OH) with operations across Ohio including Columbus, offering personal and business banking, mortgages, and commercial lending. Comparable community-bank model and Ohio geographic footprint.
• Commerce National Bank: Central Ohio community bank serving small businesses and consumers in the Columbus market. Direct overlap in geography, customer segments (small business and underserved), and full-service community banking model.

Emerging players

• Live Oak Bank: Digital-forward, small-business-focused community bank operating predominantly online. Comparable in scale and emerging-bank status, with a different (SMB/lender) focus that intersects Adelphi's business and commercial banking ambitions.
• OneUnited Bank: Largest Black-owned bank in the U.S., with an explicit mission of financial equity and serving underserved urban communities — closely paralleling Adelphi's mission-driven positioning. Comparable focus on financial inclusion, community development, and urban community banking.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/adelphi-bank

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

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 Adelphi Bank