Mid America Bank

What Mid America Bank does

Mid America Bank is a privately held, FDIC-insured community bank headquartered in Jefferson City, Missouri, operating 11 full-service branches plus a Loan Production Office across central Missouri. Founded in 1914 as People's Bank of St. Thomas (later Meta State Bank, renamed Mid America Bank in 1984), the bank has operated continuously for over 110 years and expanded through both organic branch growth and the 2021 acquisition of Bank of St. Elizabeth's four branches, fully integrated via merger in 2022. A new eleventh branch in Columbia opened in 2025.

The bank offers a comprehensive full-service community banking product suite spanning personal banking (checking, savings, CDs, IRAs, HSAs, debit/credit cards), business banking (checking, savings, treasury management, merchant services, credit cards), and lending (consumer, mortgage including FHA/VA/USDA/Jumbo, commercial, and agricultural). Its digital layer is built primarily on Fiserv's online banking platform with mobile apps on iOS and Android, integrated with Zelle for P2P payments, Apple/Google/Samsung/Garmin/Fitbit Pay for contactless transactions, and Quicken/QuickBooks for SMB accounting workflows. Loan origination is supported by Floify-powered application portals. A planned online banking platform upgrade on March 31, 2026 reflects ongoing technology modernization.

Mid America Bank's revenue model is structurally conventional for a community bank: net interest income (spread between loan portfolio yields and deposit costs) is the primary driver, supplemented by transaction-based fee income including monthly service charges ($3.95-$9.95), overdraft fees ($15-$30), credit card fees, HSA administration fees, treasury management fees (remote deposit capture, ACH, wire transfers), and interchange revenue. Customer segments are diversified across individual consumers, small-to-medium businesses, agricultural operators, and commercial real estate borrowers, with no disclosed enterprise concentration. GTM is direct-to-consumer via physical branches and digital channels, supplemented by community engagement (475+ local organizations supported annually) and relationship-based lending through branch-based loan officers.

Name

Mid America Bank

Legal name

Mid America Bank

Website

https://midambk.com

Company type

Private

Founded year

1914

Operating status

Operating

Headcount range

101–250 employees

Short description

Mid America Bank is a privately held, FDIC-insured community bank founded in 1914, operating 11 branches across central Missouri and offering full-service personal banking, business banking, lending, and treasury management to consumers, small-to-medium businesses, and agricultural borrowers in its regional footprint.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221), Credit Intermediation and Related Activities (522)

SIC

State Commercial Banks (6022), National Commercial Banks (6021)

akta.pro primary industry

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

akta.pro secondary industries

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC), Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB)

Keywords

• Community banking
• Personal banking
• Business banking
• Agricultural lending
• Mortgage lending

Headquarters

HQ city

Jefferson City

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Net Interest Income: The primary revenue driver is interest income earned on loans (consumer, mortgage, commercial, and agricultural) less interest paid on deposits. This represents the core banking margin.
2. Non-Interest Income - Fee-Based: Monthly service charges on accounts (e.g., $3.95-$9.95 for checking accounts), overdraft fees ($15-$30 per item), ATM fees, and wire transfer fees.
3. Credit Card Fees: Annual fees on credit cards ($25 for Standard, $49 for Preferred Points), late payment fees, balance transfer fees, and international transaction fees (2%).
4. Treasury Management Services: Business banking services including remote deposit capture, ACH services, wire transfers, and business debit/credit cards generating transaction and interchange fees.
5. Health Savings Account Fees: HSA administration fees for employer-provided health savings accounts.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Mid America Bank is a privately held Missouri community bank operating 11 branches that provides personal and commercial banking products and services. The bank offers deposit accounts (checking, savings, CDs, IRAs, HSAs), credit and debit cards, consumer/mortgage/commercial/agricultural loans, and treasury management services, supported by digital banking (online, mobile, Zelle, digital wallets) and in-person branch delivery.

Product overview

Mid America Bank is a community bank offering a comprehensive suite of banking products and services through a network of 11 branch locations in Missouri. The bank's offerings span personal banking (checking, savings, CDs, IRAs, HSAs, credit cards, debit cards), business banking (checking, savings, CDs, treasury management, merchant services), lending (consumer, mortgage/home loans, commercial, agricultural), and digital banking services (online banking, mobile banking, Zelle, digital wallets). The core products are organized by customer segment with specialized account types for different needs (e.g., Secure Checking with MyScoreBuilder for credit building, Junior Eagle Savings for children, Ag Loans for farmers). Digital services include mobile check deposit, card controls, and integration with QuickBooks/Quicken for business users. Treasury Management Services provide business-focused solutions including fraud protection, cash concentration, and payment automation.

Differentiator

Problem solved

Functional benefit

Products and services

• Secure Checking with MyScoreBuilder
• Reward Checking
• Senior Checking
• Select Checking
• StartFresh Checking
• Money Market
• Prime Time Savings Account
• Regular Savings Account
• Junior Eagle Savings
• Certificates of Deposit

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

Feature5 records

Partnerships

One partnership is on record.

• Zelle® / Early Warning ServicescoreTechnology or IntegrationMid America Bank integrates Zelle® peer-to-peer payment service within its Mobile Banking App, allowing customers to send and receive money directly from their accounts. Zelle® is owned by Early Warning Services, LLC.

Scale indicators5 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• Hawthorn Bank: Hawthorn Bank is a closely matched community bank headquartered in Jefferson City, Missouri with a similar multi-branch footprint across central Missouri. It directly competes with Mid America Bank for retail deposits, mortgages, and small business relationships in the same geographic market.
• Bank of Missouri: Bank of Missouri is a community bank with a comparable multi-branch network throughout Missouri offering personal and business banking, mortgages, and agricultural lending. It directly competes with Mid America Bank across overlapping central Missouri service areas.
• Equity Bank: Equity Bank operates as a community bank in the Midwest including Missouri with a similar mix of personal banking, commercial lending, and agricultural finance products. It is a direct peer given comparable product set and overlapping Missouri presence.
• OakStar Bank: OakStar Bank is a Missouri community bank offering personal banking, business banking, mortgages, and wealth services through multiple branches. It is comparable to Mid America Bank in being a Missouri-focused community bank serving similar consumer and SMB segments.
• Citizens Bank & Trust (Missouri): Citizens Bank & Trust operates as a Missouri community bank offering deposit accounts, lending, and digital banking services. It is comparable to Mid America Bank in scale, product mix, and community banking approach within Missouri.
• First State Bank of St. Charles, Missouri: First State Bank is a Missouri-based community bank offering checking, savings, loans, and digital banking services. It is comparable to Mid America Bank in scale, community bank positioning, and product mix within Missouri.
• Phelps County Bank: Phelps County Bank is a community bank in central/south-central Missouri providing consumer and business banking services. It is a direct peer given its similar community bank model operating in adjacent Missouri markets to Mid America Bank's footprint.

Broad incumbents

• Commerce Bank: Commerce Bank is a larger regional bank headquartered in Kansas City with a substantial Missouri branch network offering personal, business, and wealth management services. It serves as a broad incumbent competitor that pressures Mid America on both retail and commercial banking in the same geography.
• UMB Bank: UMB Bank is a larger Midwestern regional bank with significant Missouri presence offering commercial banking, treasury management, and personal banking. It is a broad incumbent peer competing with Mid America for higher-end business banking and treasury management relationships.

Others

• Fiserv (FISV): Fiserv is the technology vendor that powers Mid America Bank's core banking, online, and mobile platforms. It is included as an ecosystem/technology peer because it directly enables Mid America's digital capabilities and represents a critical vendor dependency.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/midambk
• LinkedInlinkedin.com/company/midambk
• Instagraminstagram.com/midambk/?hl=en

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 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 Mid America Bank