Payne County Bank

What Payne County Bank does

Payne County Bank is an FDIC-insured community bank founded in 1898, headquartered in Perkins, Oklahoma with a second branch in Chandler. It serves individual consumers and small-to-medium businesses in Payne County and surrounding Oklahoma communities through a horizontal retail and SMB banking product set: personal and business checking and savings accounts, certificates of deposit, IRAs, credit cards, safe deposit boxes, wire transfers, and a consumer and mortgage lending suite covering personal loans, auto loans, home construction loans, mortgage loans, and mobile home loans.

The bank operates on a standard commercial banking technology stack with no proprietary platform; digital capabilities are delivered through third-party partnerships, specifically Apiture for online banking enrollment and account management, FundsXpress for the online banking authentication gateway, and FastApp for online loan origination. Mobile deposit capture, bill pay, and 24/7 loan applications extend service availability beyond branch hours, though all loan underwriting and account decisions remain locally controlled.

The business model is a traditional spread-and-fee community bank. Revenue derives from interest income on the consumer and mortgage loan book plus transaction-based fee income on deposits, wires, overdraft coverage, safe deposit boxes, and credit card interchange. Distribution is direct-to-consumer through the two physical branches and self-serve digital channels, with community event sponsorship (e.g., the Pistol Pete 5K/10K) as the primary top-of-funnel acquisition mechanism. Specific pricing, rates, and financial results are not publicly disclosed.

Name

Payne County Bank

Legal name

Payne County Bank

Website

https://paynecountybank.com

Company type

Private

Founded year

1898

Operating status

Operating

Headcount range

11–50 employees

Short description

Payne County Bank is an FDIC-insured Oklahoma community bank, founded 1898, operating two branches in Perkins and Chandler that serve local consumers and small businesses with deposit, lending, credit card, and digital banking products.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro primary industry

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

akta.pro secondary industry

Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL)

Keywords

• Community banking services
• Consumer lending products
• Residential mortgage lending
• Small business banking
• Deposit account services

Headquarters

HQ city

Perkins

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Traditional bank revenue from interest earned on loans including personal loans, auto loans, mortgage loans, home construction loans, and mobile home loans.
2. Banking Fees and Service Charges: Fees associated with checking accounts, savings accounts, wire transfers, overdraft coverage, safe deposit boxes, and other banking services.
3. Certificate of Deposit Products: CD products with various terms generating interest expense while creating stable deposits for lending operations.
4. Individual Retirement Accounts: IRA products generating fee income while attracting long-term deposits.
5. Credit Card Services: Credit card issuing and associated interchange and fee revenue.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels3 records

Core offering

Payne County Bank is a community bank offering deposit products (personal and business checking and savings accounts, certificates of deposit, IRAs) and lending products (personal loans, auto loans, mortgage loans, home construction loans, mobile home loans, business loans, credit cards). Banking services are delivered through two Oklahoma branch locations (Perkins and Chandler) supplemented by online banking, mobile banking, mobile deposit capture, bill pay, wire transfers, and safe deposit boxes.

Product overview

Payne County Bank is a traditional community bank offering a unified portfolio of deposit, lending, and banking services. The core product line spans personal and business banking categories: checking and savings accounts, certificates of deposit, individual retirement accounts, consumer and mortgage loans, and credit cards. Digital services including internet banking, mobile banking, mobile deposit capture, and bill pay are offered as integrated features within the banking platform. The bank operates as a single-product financial institution with complementary service lines rather than a platform-plus-modules architecture.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Accounts

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• ApiturecoreTechnology or IntegrationProvides the online banking platform technology for Payne County Bank. Enables personal and business online banking enrollment, account access, and digital banking services. The partnership allows the bank to offer modern digital banking capabilities without building proprietary technology.
• FundsXpresscoreTechnology or IntegrationProvides the online banking login gateway (pcbpok.secure.fundsxpress.com) for Payne County Bank customers to access their accounts securely. Core infrastructure for digital banking authentication.
• FastAppcoreTechnology or IntegrationProvides online loan application platform enabling customers to apply for various loan products including personal loans, auto loans, and mortgages through a streamlined digital application process.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• Citizens Bank of Edmond: Citizens Bank of Edmond is an Oklahoma community bank offering personal and business banking, consumer loans, and digital services. Comparable as a small community bank with similar product portfolio and Oklahoma footprint.
• BancFirst Corporation: BancFirst is the largest Oklahoma-based state-chartered bank, operating a community banking model across many small Oklahoma markets including cities near Payne County. Most directly comparable peer given same state-chartered community banking focus and overlapping Oklahoma footprint.
• First National Bank of Oklahoma: First National Bank of Oklahoma is a small community bank operating across Oklahoma offering deposit accounts, consumer lending, and digital banking. Directly comparable in community banking model and Oklahoma regional focus.
• Cornerstone Bank (Oklahoma): Cornerstone Bank is an Oklahoma community bank serving rural and small-town markets with deposit and lending products comparable to Payne County Bank's offering. Directly comparable peer in size and community banking model.
• First Bank of Okarche: First Bank of Okarche is a small Oklahoma community bank serving rural central Oklahoma with consumer and business banking products. Highly comparable in scale, business model, and target customer segment.
• SpiritBank: SpiritBank is an Oklahoma-based community bank with branches across the Tulsa metro and northeastern Oklahoma. Closely comparable as a state-chartered community bank targeting similar consumer and small-business customers with relationship-driven service.
• Sooner State Bank: Sooner State Bank is an Oklahoma community bank offering personal and business banking, lending, and digital services across multiple Oklahoma locations. Directly comparable community bank with similar product set and target customer base.

Broad incumbents

• BOK Financial: BOK Financial is a major Tulsa-based regional financial holding company with commercial banking operations throughout Oklahoma. Operates a broader portfolio than Payne County Bank but competes for the same Oklahoma deposit and small-business lending market.
• JPMorgan Chase (Consumer & Community Banking): JPMorgan Chase operates a massive U.S. retail and community banking franchise with national digital banking capabilities. Competes with Payne County Bank for consumer deposits, mortgages, and small-business lending — particularly via its national digital platform — serving as the broader incumbent benchmark for digital transformation.

Regional players

• International Bank of Oklahoma City: International Bank of Oklahoma City is an Oklahoma community bank providing consumer and business banking products across the Oklahoma City metro area. Comparable community banking product set, operating in adjacent Oklahoma geography.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks2 records

Key highlights6 records

Customer concentration

Compliance2 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 Payne County Bank