State Bank of Canton
State Bank of Canton is a privately held, FDIC-insured community bank founded in 1895 in Canton, Kansas. It provides traditional deposit accounts, home loans, Visa debit cards, online banking, and bill pay to local individual consumers and small businesses.
- Company typePrivate
- Founded1895
- HeadquartersCanton, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What State Bank of Canton does
State Bank of Canton is a privately held, FDIC-insured community bank incorporated on May 15, 1895, and headquartered at 103 S. Main in Canton, Kansas. The bank operates a single branch with extended drive-up and Saturday hours and serves individual consumers and small businesses in the surrounding community. Its deposit franchise spans regular checking, savings, NOW, money market, and "Hi Performance" money market accounts alongside a certificate of deposit ladder running from 3 to 48 months; lending is concentrated in residential home loans, and card services are delivered through a Visa check/debit product.
The bank's digital stack is vendor-supplied rather than proprietary. Online banking is delivered through a platform branded "Powered by Candescent," supporting 24/7 account access, internal transfers, eStatements, and transaction downloads compatible with Quicken and Microsoft Money. A separate electronic Bill Pay service is operated via third-party processor M&I Data Services, enabling one-time and recurring payments to US payees. The public website also publishes a suite of static financial calculators (loan, loan comparison, retirement, mortgage, savings) as customer-education tools. No mobile app, public API, or AI/ML capability is referenced in the available material.
Revenue mechanics follow a standard community-bank model: net interest income from loans and deposits is the primary stream, supplemented by account service fees (excess debit fees, monthly service charges triggered by minimum-balance shortfalls, and early CD withdrawal penalties) and card/ATM-related fees. All interest rates and account terms are publicly disclosed, with CDs currently yielding between 0.50% and 2.35% APY. Distribution is concentrated on the physical branch and a surcharge-free on-site ATM, supplemented by the digital self-serve channels and a top-of-funnel content presence; customer acquisition leans on community involvement, local relationships, and word-of-mouth rather than paid acquisition.
State Bank of Canton firmographics
Firmographics- Name
- State Bank of Canton
- Legal name
- State Bank of Canton
- Website
- https://statebankofcanton.com
- Company type
- Private
- Founded year
- 1895
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- State Bank of Canton is a privately held, FDIC-insured community bank founded in 1895 in Canton, Kansas. It provides traditional deposit accounts, home loans, Visa debit cards, online banking, and bill pay to local individual consumers and small businesses.
- Ownership category
- akta.pro rank
State Bank of Canton industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)
Keywords
Where State Bank of Canton is headquartered
LocationHeadquarters
- HQ city
- Canton
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
State Bank of Canton business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Supply Chain, Marketing or Sales, Others
Revenue model
- Interest Income: Traditional banking revenue from interest earned on loans including mortgages, personal loans, and business loans. Interest paid on deposits such as savings, checking, NOW accounts, money market accounts, and certificates of deposit.
- Account Fees: Monthly service fees on accounts that fall below minimum balance requirements. Excess debit fees for transactions exceeding withdrawal limits. Fees for early withdrawal from certificates of deposit.
- ATM and Card Fees: Revenue from card services including potential ATM surcharges from third-party operators.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Regular Checking Account - $25 minimum balance |
| Subscription | Monthly | Regular Savings Account - $25 minimum to open |
| Subscription | Monthly | Regular NOW Account - $500 minimum balance |
| Subscription | Monthly | Super NOW Account - $1,000 minimum balance |
| Subscription | Monthly | Money Market Account - $1,000 minimum balance |
| Subscription | Monthly | Hi Performance Money Market - $10,000 minimum |
| Subscription | Annual | Certificate of Deposit (3 Month) |
| Subscription | Annual | Certificate of Deposit (6 Month) |
| Subscription | Annual | Certificate of Deposit (9 Month Special) |
| Subscription | Annual | Certificate of Deposit (12 Month) |
| Subscription | Annual | Certificate of Deposit (18 Month) |
| Subscription | Annual | Certificate of Deposit (24 Month) |
| Subscription | Annual | Certificate of Deposit (30 Month) |
| Subscription | Annual | Certificate of Deposit (48 Month) |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
State Bank of Canton product offering
Product offeringCore offering
State Bank of Canton is a community bank that provides traditional personal and small business banking services to customers in Canton, Kansas. Core offerings include deposit products (checking, savings, NOW, and money market accounts), certificates of deposit, Visa debit/check cards, home loans, online banking with bill pay, and ATM services. The bank operates from a single branch with drive-up services and 24/7 online and ATM access, emphasizing local decision-making and long-standing community relationships since its 1895 incorporation.
Product overview
State Bank of Canton is a community bank offering a unified portfolio of traditional banking products and services. The core offerings include deposit accounts (checking, savings, NOW accounts, and money market accounts), certificate of deposit products, Visa check/debit cards, and home loans. Digital banking is provided through an integrated Online Banking platform that includes Bill Pay, eStatements, and a suite of financial calculators (Loan, Loan Comparison, Retirement, Mortgage, and Savings). The bank serves as a full-service hometown bank for the Canton, Kansas community with decision-making and service delivery centered locally.
Differentiator
Problem solved
Functional benefit
Products and services
- Regular Checking Account Basic checking account with a $25 minimum balance requirement, monthly statements with check images, 24/7 online access, Visa check card availability, and a limit of 50 withdrawals per statement cycle for individual consumers.
- Regular Savings Account
- Regular NOW Account
- Super NOW Account
- Money Market Account
- Hi Performance Money Market Account
- Certificate of Deposit
- Visa Check Card
- Online Banking
- Bill Pay
- Home Loans
Companies that use State Bank of Canton
Customer profileSegments2 records
Ideal customer profiles2 records
State Bank of Canton technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature4 records
State Bank of Canton partnerships and signals
Strategic signalScale indicators2 records
Recent moves7 records
Expansion highlights3 records
State Bank of Canton competitors and assessment
Company assessmentDirect peers
- Equity Bank: Equity Bank is a Kansas community bank with branches across Kansas, Missouri, and Oklahoma, offering personal and business banking, mortgage, and treasury products. Directly comparable as a community bank serving similar small-town Kansas/Midwest customer segments.
- CoreFirst Bank & Trust: CoreFirst Bank & Trust is a Topeka-based community bank serving Kansas consumers and businesses with deposit accounts, loans, and digital banking. Comparable to State Bank of Canton in community-bank positioning, Kansas focus, and full-service retail/business product offering.
- Citizens State Bank (Kansas): Citizens State Bank is a Kansas community bank offering deposit accounts, loans, and digital banking to individuals and small businesses in rural Kansas communities. Directly comparable to State Bank of Canton in community banking model and rural Kansas customer base.
- Bank of the Flint Hills: Bank of the Flint Hills is a small Kansas community bank offering personal and business banking in rural Kansas counties. Highly comparable to State Bank of Canton in scale, single-market geographic focus, and full-service community bank product mix.
- Capitol Federal Savings Bank (CapFed): Capitol Federal is a Kansas-based thrift institution offering savings, checking, CDs, and home loans across Kansas with community-bank service positioning. Comparable to State Bank of Canton in serving Kansas retail and small-business customers with traditional deposit and mortgage products, though at significantly larger scale.
- INTRUST Bank: INTRUST Bank is a Wichita-based community bank with a multi-branch Kansas/Midwest footprint, offering personal and business banking, loans, and treasury services. It is comparable to State Bank of Canton as a Kansas-rooted community bank serving individuals and small businesses with similar deposit and lending products.
- Emprise Bank: Emprise Bank is a Kansas-headquartered community bank offering consumer and business deposit accounts, loans, and digital banking across multiple Kansas communities. It is directly comparable to State Bank of Canton in community banking model, geographic focus on Kansas, and full-service retail product mix.
Emerging players
- Chime: Chime is a fintech offering fee-free checking, savings, and early direct deposit through a mobile app. It is an emerging competitor to State Bank of Canton for younger retail customers who prioritize mobile-first, low-fee banking over in-person community relationships.
- Ally Bank: Ally Bank is a leading digital-only bank offering online savings, checking, CDs, and lending products with no physical branches. It competes with State Bank of Canton for deposit dollars (especially CDs and savings) from customers willing to bank digitally rather than visit a local branch.
Broad incumbents
- Wells Fargo: Wells Fargo is a national commercial bank offering a broad portfolio of consumer and small business banking, lending, and wealth products. It is a broad incumbent that competes with State Bank of Canton for the same household and small-business banking relationships, albeit at much greater scale and product breadth.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
State Bank of Canton social profiles
Digital presenceState Bank of Canton compliance and trust
Trust signalCompliance1 record
State Bank of Canton financial estimates
Financial estimateRevenue estimate
Valuation estimate
State Bank of Canton leadership team
Management profileNumber of profiles
Profiles1 record
State Bank of Canton funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
State Bank of Canton 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 State Bank of Canton
What does State Bank of Canton do?
State Bank of Canton is a community bank that provides traditional personal and small business banking services to customers in Canton, Kansas. Core offerings include deposit products (checking, savings, NOW, and money market accounts), certificates of deposit, Visa debit/check cards, home loans, online banking with bill pay, and ATM services. The bank operates from a single branch with drive-up services and 24/7 online and ATM access, emphasizing local decision-making and long-standing community relationships since its 1895 incorporation.
Is State Bank of Canton a public or private company?
State Bank of Canton is a private company. It is classified as unknown and is currently operating.
When was State Bank of Canton founded?
State Bank of Canton was founded in 1895. It employs 1 to 10 people.
Where is State Bank of Canton based?
State Bank of Canton is headquartered in Canton, United States, in the North America region.
How does State Bank of Canton make money?
Three revenue lines are on record. Interest Income is the primary driver. The others are account Fees and ATM and Card Fees.
Who are State Bank of Canton's main competitors?
Direct peers on record are Equity Bank, CoreFirst Bank & Trust, Citizens State Bank (Kansas), Bank of the Flint Hills, Capitol Federal Savings Bank (CapFed), INTRUST Bank and Emprise Bank. Emerging players are Chime and Ally Bank. Wells Fargo is listed as a broad incumbent.
Does State Bank of Canton have an API?
No public API is recorded for State Bank of Canton.
What industry is State Bank of Canton in?
State Bank of Canton's product category is Community Banking. Its primary akta.pro industry code is FSABAAAE, Branch & In-Person Banking (Teller/ATM Networks). Its NAICS code is 52211 and its SIC code is 6022.