Commerce National Bank & Trust

What Commerce National Bank & Trust does

Commerce National Bank & Trust is a privately-held, locally-owned community bank headquartered at 1201 Orlando Avenue, Suite 100, Winter Park, Florida, serving Central Florida businesses, professionals, and residents. The institution traces its roots to the 1986 founding of Bank of Commerce (NBC) by Guy Colado, which was acquired by Wachovia in 2000; the current bank was re-chartered in February 2003 by Ray Colado as a Sub-chapter S national bank under a charter from the Comptroller of the Currency, and renamed Commerce National Bank & Trust in 2006 after being granted trust powers. The bank is owned through its holding company, Commerce National Bankshares of Florida, which also owns Trivergent Trust.

The bank operates a single Winter Park branch with lobby and drive-thru banking, complemented by digital channels including the CB&T Mobile App (iOS and Android), online banking, online bill pay, a remote deposit scanner for commercial customers, Positive Pay fraud protection, and ACH origination. The product suite spans personal banking (multiple checking tiers, savings, money market, CDs, IRAs), personal and home loans (mortgages, home equity, auto, boat, vacation home), and commercial banking (commercial checking, business savings, business money market, commercial real estate loans, lines of credit, equipment loans, and construction loans). All deposits are FDIC insured up to $250,000 per ownership category.

Revenue is generated primarily through net interest income on the loan portfolio (residential mortgages, home equity, commercial real estate, commercial lines of credit, equipment, construction, and consumer loans), supplemented by deposit account fees (monthly maintenance fees with waiver thresholds), safe deposit box rentals (annual fees from $40–$200), ATM transaction fees ($1 at non-Presto! ATMs), and interest-bearing account revenue from tiered Premier Checking, Premier Business Checking, and money market accounts. Distribution combines one physical branch with the Presto! ATM network (surcharge-free at Publix locations) and digital self-service channels. The bank positions itself around local decision-making, lending experience (over 100 years combined), and personalized service as alternatives to large national banks. No public financials, funding rounds, or headcount data are disclosed.

Name

Commerce National Bank & Trust

Legal name

Commerce National Bank & Trust

Website

https://cnbt-fl.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

Commerce National Bank & Trust is a privately-held, locally-owned community bank headquartered in Winter Park, Florida, serving Central Florida small businesses, professionals, and residents with personal and commercial banking, residential and commercial lending, and digital banking via a single branch and mobile app.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (522110)

SIC

National Commercial Banks (6021)

akta.pro primary industry

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

akta.pro secondary industry

Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB)

Keywords

• Retail banking services
• Community banking
• Commercial lending
• Personal banking
• Deposit accounts

Headquarters

HQ city

Winter Park

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, Others

Revenue model

1. Interest Income from Loans: Primary revenue stream from residential mortgages, home equity loans, commercial real estate loans, commercial lines of credit, equipment loans, construction loans, and consumer loans including automobiles and boats.
2. Deposit Account Fees: Monthly maintenance fees on checking and savings accounts that can be waived based on minimum balance requirements. Transaction fees on certain account types.
3. Safe Deposit Box Rentals: Annual rental fees for secure storage boxes ranging from 3x10 inches to 16x32 inches.
4. ATM Transaction Fees: $1 fee assessed for withdrawals at non-Commerce Bank & Trust and non-Presto! ATMs. Additional fees may be charged by ATM owners.
5. Interest-Bearing Account Revenue: Revenue from Premier Checking and Premier Business Checking accounts with tiered interest structures. Money market accounts with tiered rates.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Commerce National Bank & Trust is a locally-owned community bank offering FDIC-insured personal banking (checking, savings, money market, CDs, IRAs) and business banking (checking, savings, money market, commercial loans) products. Lending covers residential mortgages, home equity, consumer auto/boat loans, and commercial real estate, lines of credit, equipment, and construction loans. Services are delivered through a single Winter Park branch, drive-thru, mobile app, online banking, remote deposit, and the Presto! ATM network.

Product overview

Commerce Bank & Trust is a locally-owned community bank offering a comprehensive suite of personal and business banking products. The personal banking lineup includes multiple checking account types (Personal Checking, Commerce Club Checking for seniors, Premier Checking with tiered interest, Workplace Checking, and Health Savings Account Checking), Personal Savings, Personal Money Market accounts, and CDs & IRAs. Loan products span Personal Loans (auto, boat, vacation homes, home equity), Home Loans (purchase, refinance, construction, home equity, investment property), and Commercial Loans (real estate, lines of credit, equipment, construction). Business services include Business Checking (Commercial, Premier, Business Interest, Non-Profit), Business Savings, Business Money Market, Remote Deposit Scanner, Positive Pay, and ACH Organization. Digital banking is supported through the CB&T Mobile App (featuring Picture Pay for bill payment and mobile check deposit) and Online Banking with Bill Pay. Additional services include Safe Deposit Boxes in various sizes. All deposits are FDIC insured up to $250,000.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Personal checking account product line for individuals, including standard Personal Checking, Commerce Club Checking (ages 55+), Premier Checking (interest-paying with tiered rates), Workplace Checking (for employees of bank customers), and Health Savings Account Checking with fee waivers on balance requirements.
• Personal Savings Personal savings accounts for individuals, including standard Personal Savings and Youth Savings Account (joint with parent/guardian, with $50 minimum to open and free withdrawals up to two per month).
• Personal Money Market Personal money market account offering FDIC-insured deposits with tiered interest rates and imaged monthly bank statements delivered via secure mail.
• CDs and IRAs Certificates of Deposit (CDs) with terms from 90 days to 5 years and Individual Retirement Accounts (IRAs) offering tax-advantaged retirement savings with tax-free growth or tax-deferred basis, FDIC-insured.
• Personal Loans Consumer loan products for individuals including residential mortgages, home equity lines of credit, automobile loans (new and used), boat loans, and vacation home loans, with over 30 years of combined residential lending experience.
• Home Loans Residential mortgage lending for individuals including purchase money mortgages, refinances, construction loans, home equity loans, home improvement loans, home equity lines of credit, and investment property loans.
• Commercial Loans Commercial lending products for businesses including commercial real estate loans (owner-occupied and investor), commercial lines of credit, equipment loans, construction loans, and builder lines of credit, underwritten with local decision-making.
• Business Checking Business checking account product line for organizations including Commercial Checking, Premier Business Checking (200 free transactions), Business Interest Checking, and Non-Profit Organization Checking with various fee structures and balance waivers.
• Business Savings Business savings account with tiered interest rates, daily compounding and quarterly crediting, no minimum balance required to earn interest, and $2 monthly fee waived with balance thresholds.
• Business Money Market Business money market account with tiered interest rates starting at 0.25% APY for balances under $250,000 and reaching 2.02% APY for balances of $1 million and above; $100 minimum to open.
• Safe Deposit Boxes Secure storage rental service for valuables, available in sizes ranging from 3x10 inches to 32x16 inches, with annual fees from $40 to $200 by box size.
• CB&T Mobile App Standalone mobile banking application for iOS and Android allowing account holders to view balances, deposit checks via photo, pay bills through Picture Pay, review account activity, view check images, transfer funds, and receive security alerts.

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

One partnership is on record.

• Presto! ATMs (Publix)coreTechnology or IntegrationPartnership with Publix Presto! ATM network providing surcharge-free cash withdrawals for Commerce Bank & Trust customers. Customers can withdraw at Presto! ATMs without incurring Commerce Bank & Trust's $1 withdrawal fee charged at other ATMs.

Scale indicators3 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Axiom Bank: A Florida-based community bank offering consumer and small-business banking, mortgage lending, and treasury services. Comparable to CNBT in its Florida community banking footprint and SMB focus.
• Bank of Central Florida: A locally-owned community bank headquartered in Orlando that serves Central Florida small businesses and consumers with a similar mix of deposit products, residential and commercial lending, and personal service. It is the closest geographic and product peer to Commerce National Bank & Trust.
• Capital City Bank Group: A Florida-based community bank holding company serving consumers and small businesses with full deposit, lending, and treasury products. Comparable in operating model to CNBT as a multi-generational, locally rooted Florida community bank.
• Crews Bank & Trust: A long-established, family-controlled community bank offering personal and commercial banking products. Highly comparable to CNBT in terms of multi-generational ownership, relationship-based service model, and small-footprint community banking approach.
• Citizens Bank & Trust (Florida): A community bank with a focus on personal and small-business banking, lending, and local decision-making. Comparable to CNBT in target customer base, geographic concentration, and product mix.
• First Federal Bank (Florida): A Florida community bank delivering personal and business banking, lending, and digital services to local customers. Comparable scale and product breadth to CNBT with a similar relationship-banking value proposition.

Broad incumbents

• Home BancShares: A community banking holding company with significant operations across Florida through its Centennial Bank subsidiary, offering similar deposit, mortgage, and commercial banking products. Much larger scale but a comparable relationship-banking ethos aimed at small businesses and consumers.
• Seacoast Banking Corporation of Florida: A Florida-headquartered community and regional banking franchise with a comparable focus on consumer and small-business banking, residential lending, and commercial real estate. Larger and more diversified than CNBT but operating in overlapping Florida markets with similar product positioning.
• SouthState Bank: A super-regional Southeast banking franchise with significant Florida presence offering consumer, mortgage, and commercial banking. Much larger than CNBT but competes for the same small-business and consumer deposits in overlapping Florida markets.

Regional players

• Independent Bankers Bank of Florida: A Florida-based banking association and services provider serving the state's community banks. Comparable ecosystem context to CNBT as a Florida community-banking participant with overlapping customer base of community banks and their commercial clients.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/CommerceNationalBankTrust
• LinkedInlinkedin.com/company/commerce-bank-trust
• Instagraminstagram.com/commercebanktrust

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 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 Commerce National Bank & Trust