What Cass Commercial Bank does

Cass Commercial Bank is a St. Louis-based commercial bank founded in 1906 (originally as Cass Avenue Bank) and operating as a wholly owned subsidiary of Cass Information Systems, Inc. (Nasdaq: CASS). The bank serves four primary customer segments: privately held businesses in the St. Louis metropolitan area, faith-based institutions and ministries nationwide, McDonald's franchise operators, and not-for-profit organizations, with an additional Equipment Finance division serving businesses and municipalities. Operations span four physical branches — Des Peres (headquarters), Bridgeton, downtown St. Louis, and Colorado Springs (housing the Faith-Based division) — supported by online and mobile banking channels.

The bank delivers a comprehensive suite of commercial banking products including Business Advantage Checking, lines of credit (secured and unsecured), commercial real estate loans with amortizations up to 20 years, construction/renovation loans, equipment financing with 2-5 year maturities, documentary and standby letters of credit, and treasury management services such as Remote Deposit Capture (Deposit Connection), Positive Pay fraud protection, Zero Balance Accounts, ACH origination, wire transfers, cash sweeps, and account reporting. Two Visa business credit cards are offered — Visa Classic Business (no annual fee) and Visa Business Rewards (tiered cash back up to 1.25% above $250,000 spend). Specialized divisions include Faith-Based Banking (250+ clients, $400M+ book of business), McDonald's Franchise Financing, Equipment Finance, Not-For-Profit Banking, and Gyve Generosity Services (a digital giving platform combining text, recurring, kiosk, and Round Up giving with banking services). Supporting integrations include ICS/CDAR insured deposit programs (up to $100M coverage), mobile wallet support (Apple Pay, Samsung Pay, Google Pay), and the TouchPoint Church Management Software partnership.

Revenue is generated principally through net interest income on a $1B+ loan portfolio and investment securities, supplemented by transaction and recurring fees from treasury management services, credit card interchange and annual fees, international banking services (foreign exchange, foreign currency, wires, letters of credit), and faith-based financial services. The bank reports a Common Equity Tier I Capital ratio of 14.86% — well above regulatory thresholds for 'Well Capitalized' status — with no borrowings outstanding, access to over $230M in unused Federal Home Loan Bank funding plus $200M in unused credit lines, and no credit losses in nine years (no 30-day past due or non-accrual loans as of 2023). Deposit base is nearly $1.2 billion as of 2022, with FDIC insurance up to $250,000 per depositor supplemented by ICS/CDAR programs up to $100M.

Name

Cass Commercial Bank

Legal name

Cass Commercial Bank

Website

https://cassbank.com

Company type

Private

Founded year

1906

Operating status

Operating

Headcount range

51–100 employees

Short description

Cass Commercial Bank is a St. Louis-based commercial bank founded in 1906 and wholly owned by Cass Information Systems (Nasdaq: CASS). It serves privately held businesses, faith-based institutions, McDonald's franchise operators, not-for-profits, and equipment finance clients through relationship-based lending and treasury management across Missouri and nationally.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (52211), Commercial Banking (522110)

SIC

State Commercial Banks (6022), Commercial Banks, Nec (6029)

akta.pro primary industry

General SME & Middle-Market Commercial Banking (FSABABAA)

akta.pro secondary industries

SME Business Lending (Term Loans, Lines of Credit, Overdrafts) (FSABABAB), SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

Keywords

• Commercial banking services
• Treasury management solutions
• Faith-based lending
• Franchise financing
• Equipment leasing

Headquarters

HQ city

St Louis

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Net Interest Income: Interest income earned on loan portfolio (commercial real estate, construction, equipment financing, lines of credit) and investment securities, offset by interest paid on deposits. Core revenue driver for traditional commercial bank.
2. Treasury Management Fees: Fees from cash management services including remote deposit capture, Positive Pay, ACH origination, wire transfers, zero balance accounts, and account reporting services.
3. Credit Card Income: Income from Visa business credit cards including interchange fees, annual fees (Visa Business Rewards has $99 first card + $9 per additional), and interest charges on balances.
4. Commercial Banking Services: International banking services including foreign exchange, foreign currency transactions, wire transfers, and letters of credit generating transaction and fee income.
5. Deposit Account Fees: Monthly service fees on Business Advantage Checking accounts ($25 monthly if balance falls below $25,000 average collected balance) and potential fees for excess transactions.
6. Faith-Based Financial Services: Specialized lending and banking services for religious organizations including real estate loans, construction financing, and depository services, with 250+ faith-based and non-profit clients and $400M+ book of business.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

Cass Commercial Bank provides commercial banking products and services to businesses, faith-based institutions, and franchise operators. Core offerings include business checking accounts, commercial loans and lines of credit, commercial real estate and construction financing, equipment financing, treasury management (remote deposit capture, positive pay, ACH/wires, zero balance accounts), Visa business credit cards, and faith-based and franchise specialized lending divisions.

Product overview

Cass Commercial Bank offers a comprehensive suite of commercial banking products and services through its website and branch network, organized around several core banking categories and specialized divisions. The core product portfolio includes Business Advantage Checking, various loan products (Lines of Credit, Commercial Real Estate Loans, Construction/Renovation Loans, Equipment Financing), Letters of Credit, and Cash Management Services (Remote Deposit Capture, Positive Pay, Zero Balance Accounts, ACH/Wire Payments). The bank also offers two Visa credit card products: Visa Classic Business (no annual fee) and Visa Business Rewards (cash-back rewards). Specialized divisions serve Faith-Based Banking, McDonald's Franchise Financing, Equipment Finance, Not-For-Profit Banking, and Gyve Generosity Services. Supporting products include Certificates of Deposit, Money Market Savings, Sweep Accounts, and The Cass Freight Index. The bank operates as a wholly owned subsidiary of Cass Information Systems (Nasdaq: CASS), leveraging the parent company's payment processing infrastructure.

Differentiator

Problem solved

Functional benefit

Brands

• Gyve Generosity Services: Digital generosity platform for faith-based and non-profit organizations enabling online giving, donation management, and generosity cultivation.
• Cass Equipment Finance
• Cass Franchise Banking

Products and services

• Business Advantage Checking Commercial checking account designed for St. Louis business owners with free online banking, free online statements, free Positive Pay service option, unlimited deposits, and FDIC insurance up to $250,000. Requires $25,000 monthly average collected balance; $25 monthly fee if balance falls below threshold.
• Visa Classic Business Credit Card No-annual-fee business credit card with interest rate for purchases and balance transfers at 9.74% (Prime plus 6.49%), cash advances at 14.74%. All financial information remains with Cass with no third-party sharing.
• Visa Business Rewards Credit Card Cash-back rewards credit card with annual fee of $99 for first corporate card, $9 per additional card. Cash back tiers: 0.75% on $50,000-$149,999 annual spend, 1.00% on $150,000-$249,999, 1.25% over $250,000. No cap on cash back earnings.
• Online Banking Digital banking platform enabling account balance checks, ACH initiation, wire payments, stop payments, and fund transfers between accounts. Features configurable dashboards, enhanced reporting, centralized account visibility, and secure access without tokens.
• Cash Management Services Comprehensive treasury management including Remote Deposit Capture, Mobile Banking, Online Bill Pay, Positive Pay for ACH and check payments, and Zero Balance Accounts for managing disbursements across multiple divisions or business purposes.
• Lines of Credit Working capital financing available in secured and unsecured options with daily sweeps to operating account. Interest payments can be automatically deducted from operating account.
• Commercial Real Estate Loans Property acquisition or refinancing loans with amortizations up to 20 years. Fixed or floating interest rates available; principal and interest payments can be automatically deducted from Cass account.
• Construction/Renovation Loans Floating rate loans with interest-only during construction phase, convertible to amortized real estate loan at project completion.
• Equipment Financing Equipment and technology financing with maturities from two to five years for new or used equipment purchases.
• Letters of Credit Documentary and standby letters of credit utilizing Cass Bank's credit worthiness. International letters of credit available for global trading partners; can arrange letters of credit through correspondent banks.
• Certificates of Deposit Term deposit options from three months to five years with minimum amount as little as $1,000. Interest accrues daily and is paid quarterly; certificates renew automatically at current market rates. FDIC insured.
• Cass Money Market Savings Variable-rate investment account with FDIC insurance up to $250,000 and check-writing privileges (up to six per month). Interest compounded monthly.
• Faith-Based Banking Specialized banking services for religious organizations including real estate loans, construction financing, and debt restructuring. Cass has specific expertise from decades of working with religious organizations nationwide, helping clients assess financial status and build financial strength.
• McDonald's Franchise Financing Specialized franchise financing for McDonald's owner/operators including franchise acquisition, new construction, major remodeling projects, refinancing, and equipment purchases. Treasury solutions and operating cost management assistance also provided.
• Equipment Finance Division Equipment leasing solutions designed to unlock potential of capital assets across industries. Offers flexible, customized solutions aligned with business goals, cash flow, and industry requirements. Quick approvals and efficient turnaround times for vehicles, machinery, and technology acquisition.
• Not-For-Profit Banking Specialized banking services for not-for-profit organizations offering deposit and investment management, lending options, remote deposit capture for donation processing, fraud protection, and risk management tools.
• Gyve Generosity Services Digital generosity platform enabling faith-based and non-profit organizations to cultivate giving among members and benefactors. Features include Round Up feature, texting donations, recurring or one-time gifts with card or checking account, kiosk card swiping. Combined with generosity advising, success coaching, and bank lending/depository services.
• International Banking Services Foreign exchange, foreign currency, wire transfers, and letters of credit for businesses with global trading partners.

Quantifiable outcome

• Ranked 8th out of 5,500+ U.S. banks in financial performance in 2018
• +3 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature5 records

Partnerships

One partnership is on record.

• Gateway Giving, LLCcoreStrategic or Co-development Partner · 11 September 2019Parent company Cass Information Systems acquired the Gyve On-Line Generosity Platform from Brighton, Michigan-based Gateway Giving, LLC. Three founders of Gateway Giving joined Cass Commercial Bank to launch Gyve Generosity Services division, combining digital generosity platform with generosity advising, success coaching, and banking offerings including lending and depository services for faith-based organizations.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Pacific Premier Bancorp: Specialty commercial bank built through acquisitions serving small-to-mid-sized businesses; comparable in disciplined commercial banking focus and niche segment specialization, though larger in scale.
• BOK Financial: Publicly traded regional commercial bank known for specialty commercial lending verticals including energy, healthcare, and faith-based; comparable on the strategy of building defensible niche commercial banking divisions.
• BMO Harris Bank: Midwest-focused commercial bank that absorbed Bank of the West (Cass's SVP Dan Mikes built Bank of the West's $4.5B faith-based lending book there); comparable in commercial banking with a strong Midwest presence and overlapping faith-based specialty.

Direct peers

• Webster Bank: Northeast-based commercial bank with a relationship-driven middle-market commercial banking model; comparable in its emphasis on local decision-making and commercial client specialization outside mega-bank territory.
• Commerce Bank: St. Louis-headquartered commercial and consumer bank serving similar mid-market and SMB clients; multiple Cass executives (including former President Dwight Erdbruegger and incoming President Eric Giering) previously held senior roles there, making it the closest comparable on geography, business model, and customer segment.
• First Bank (St. Louis): St. Louis-area commercial bank serving privately held businesses and middle-market clients; comparable in relationship-driven community commercial banking and geographic focus on the Missouri market.
• Allegiant Bank: St. Louis-based community bank serving businesses and consumers in the metro area; comparable in scale, mid-market commercial focus, and local decision-making model.
• Reliance Bank (St. Louis): St. Louis-based community commercial bank serving privately held businesses and nonprofits; comparable in size, geography, and commercial banking focus.
• Lindell Bank & Trust Company: St. Louis-headquartered community bank serving private businesses, families, and not-for-profits; comparable in local relationship banking and Missouri footprint.
• Central Bank of St. Louis: St. Louis-based community commercial bank of comparable scale where SVP George Hoeffner built and led the equipment finance group before joining Cass; directly comparable in SMB/Middle-market commercial lending and geographic footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/cassbanking
• YouTubeyoutube.com/@cassbanking
• Facebookfacebook.com/cassbanking
• LinkedInlinkedin.com/company/cassbanking
• Instagraminstagram.com/cassbanking

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Cass Commercial Bank