What InterBank does

InterBank is a privately held community bank headquartered in Oklahoma and operating 48 branches across Texas and Oklahoma, managing $5.45 billion in total assets ($4.82B in deposits, $4.72B in loans) as of December 31, 2025. The bank is a wholly owned subsidiary of Olney Bancshares of Texas, Inc., a closely held bank holding company formed in 1987, with operations consolidated under the InterBank charter in 2010. C.K. Lee serves as President and CEO (since January 2024, succeeding retired CEO Pascal Hosch), and Ross McKnight is Chairman of the Board and majority shareholder of the parent holding company.

The bank offers a full-service retail and commercial banking platform organized around Personal Banking (checking, savings, personal loans, Card Manager, Zelle® peer-to-peer payments), Business Banking (checking, savings, commercial loans, treasury management), and Home Loans (Conventional, FHA, VA, Jumbo, Rural Development). Underlying technology consists of a traditional community banking platform with iOS/Android mobile apps, online banking, mobile check deposit, real-time fraud monitoring, and a Business Online Banking treasury platform with ACH, wires, Remote Deposit Capture, and Positive Pay. InterBank partners with Zelle® (via Early Warning Services), BancCard for merchant services, and Paychex® for payroll processing.

The revenue model is a traditional spread-plus-fee community bank structure: primarily net interest income from a $4.72B loan portfolio spanning personal loans, mortgages, commercial, real estate, agriculture, and oil and gas lending, supplemented by transaction fees (deposit account fees, debit card interchange, wire transfers), mortgage origination fees, and treasury services revenue. Customer acquisition is local and relationship-based through branches, complemented by digital channels. The bank serves individual consumers, small-to-mid-sized businesses, partnerships, LLCs, fiduciaries, and home loan borrowers across Texas and Oklahoma, with named lending specialties in oil and gas, agriculture, and rural real estate.

Name

InterBank

Legal name

InterBank

Website

https://interbank.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

501–1,000 employees

Short description

InterBank is a privately held community bank operating 48 branches across Texas and Oklahoma with $5.45 billion in assets, serving personal and business banking customers through retail deposits, commercial lending, treasury services, and home loans.

Ownership category

akta.pro rank

Headquarters

HQ city

Hobart

HQ country

United States

HQ region

North America

Offices41 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 from Loans: InterBank generates revenue primarily through interest income on loans including personal loans (auto, boats, recreational vehicles), home loans (Conventional, FHA, VA, Jumbo, Rural Development), business loans (commercial, real estate, agriculture, oil and gas), and lines of credit.
2. Deposit Account Fees and Service Charges: Fee income from deposit accounts including checking and savings accounts, with services such as eStatements, wire transfers, and account maintenance.
3. Card and Payment Services: Revenue from debit card transaction fees, merchant services (credit/debit card processing through BancCard partnership), payroll debit cards, and Zelle® transfers.
4. Treasury Management Services: Fees from business banking services including ACH origination, wire transfers, Remote Deposit Capture, Positive Pay, merchant services, and payroll processing through Paychex® partnership.
5. Mortgage Banking: Revenue from mortgage loan origination including purchase, refinance, construction, home equity, bridge loans, and lot loans across various loan programs.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

InterBank is a community bank offering FDIC-insured personal and business banking products. Its core offering includes personal checking and savings accounts, personal loans (auto, boats, recreational vehicles), home loans (Conventional, FHA, VA, Jumbo, Rural Development), business checking and savings, business loans (commercial, real estate, agriculture, oil and gas), and Treasury Management services for businesses, all delivered through 48 branches across Texas and Oklahoma plus online and mobile banking channels.

Product overview

InterBank is a community bank offering a unified retail and commercial banking platform with a broad portfolio of deposit accounts, lending products, and digital banking services. The core offering consists of Personal Banking (checking, savings, personal loans, home loans) and Business Banking (business checking, business loans, Treasury Services). Key product modules include Card Manager for debit card controls, Mobile Deposit for remote check deposits, Treasury Services for business cash management (ACH, wire transfer, Remote Deposit Capture, Positive Pay, Merchant Services), and Zelle for peer-to-peer payments integrated into personal accounts. All customers access services through Online Banking and Mobile Banking apps, with fraud protection features including text alerts and real-time monitoring.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking & Savings
• Personal Loans
• Home Loans
• Business Checking & Savings
• Business Loans
• Treasury Services
• Online Banking
• Mobile Banking App

Segments3 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

Feature5 records

Partnerships

Seven partnerships are on record, tiered core, important and minor.

• Early Warning Services, LLC (Zelle®)coreTechnology or IntegrationInterBank has partnered with Zelle® to provide fast, safe peer-to-peer money transfer services. Customers can send money directly from their InterBank account to enrolled recipients typically within minutes using just an email address or U.S. mobile number. Zelle® is owned by Early Warning Services, LLC.
• BancCardcoreTechnology or IntegrationInterBank partners with BancCard, an industry leader for modern merchant services, to provide business customers with payment processing solutions including point-of-sale terminals, wireless technology, online payment gateways (E-commerce), mobile card readers, and email invoicing.
• Paychex®importantStrategic or Co-development PartnerInterBank partners with Paychex® to provide business customers with payroll processing and HR management solutions. The Paychex Flex® technology platform enables businesses to manage payroll and HR tasks from desktop or mobile with compliance experts and HR support.
• DFW Minority Supplier Development CouncilminorGTM or Marketing PartnerInterBank is a member of the DFW Minority Supplier Development Council, supporting minority and women-owned enterprises through community involvement and economic empowerment initiatives.
• Oklahoma City Hispanic Chamber of CommerceminorGTM or Marketing PartnerInterBank is a member of the Oklahoma City Hispanic Chamber of Commerce, supporting diverse communities through financial literacy programs, charitable giving, and community development initiatives.
• Dallas Black Chamber of CommerceminorGTM or Marketing PartnerInterBank is a member of the Dallas Black Chamber of Commerce, supporting minority-owned businesses through community involvement and access to financial products and services.
• Fort Worth Black Chamber of CommerceminorGTM or Marketing PartnerInterBank is a member of the Fort Worth Black Chamber of Commerce, supporting economic empowerment and community development in the Fort Worth area.

Scale indicators9 records

Recent moves15 records

Expansion highlights6 records

Direct peers

• BancFirst Corporation: Oklahoma-headquartered community bank holding company with ~$13B in assets and 100+ locations across Oklahoma and select Texas markets. Most directly comparable to InterBank on geography (TX/OK), community banking model, and business/personal deposit and lending focus.
• Independent Bank Group: Texas-chartered community bank holding company with ~$20B in assets operating across Texas, Oklahoma, and Colorado. Comparable community banking model with similar commercial, mortgage, and treasury management offerings and similar M&A growth posture.
• Prosperity Bancshares: Texas-based community banking franchise with ~$40B in assets and an extensive branch network across Texas and Oklahoma. Directly comparable on TX/OK community bank focus, M&A-driven growth strategy, and small business/commercial banking orientation.
• PlainsCapital Bank: Texas-based commercial bank owned by Hilltop Holdings with significant presence in Dallas-Fort Worth and broader Texas. Directly comparable in personal/business banking, treasury services, and commercial lending focus in Texas markets where InterBank also operates.
• First United Bank and Trust: Oklahoma-based community bank with branches across Oklahoma and North Texas. Closely comparable on dual-state TX/OK presence, community banking model, and small business/lending orientation, particularly in rural and mid-sized markets.
• Legend Bank: Texas community bank headquartered in Bowie with branches across North Texas. Comparable community bank footprint and product set (personal/business banking, mortgages, ag lending) in overlapping Texas geographies including rural markets.

Emerging players

• Goldman Sachs (Marcus / digital deposits): While not a traditional community bank, Goldman Sachs competes with community banks like InterBank through Marcus digital deposits and consumer lending products. Comparable as a competitive threat on retail deposits and personal loans, though operating entirely outside the relationship-banking niche.

Broad incumbents

• International Bancshares Corporation: Texas-headquartered bank holding company (IBC Bank) with ~$15B in assets operating in Texas and Oklahoma. Broader community/commercial banking franchise with international trade finance angle; comparable in TX/OK geography and community bank positioning, but larger and more diversified.
• JPMorgan Chase (Texas community banking): Largest U.S. bank with significant branch presence across Texas and Oklahoma. Competes directly with InterBank in TX/OK retail and small business banking, but as a broad incumbent with national scale, brand, and technology investments.

Regional players

• Citizens Bank of Edmond: Oklahoma community bank with strong presence in Oklahoma City metro. Operates in overlapping Oklahoma markets with similar personal/business/community banking model but smaller asset base and more limited Texas footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/inter-bank

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

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 InterBank