Greater State Bank

What Greater State Bank does

Greater State Bank is a Texas-chartered community bank founded in 1974, headquartered in McAllen and operating six branch locations across the Rio Grande Valley (McAllen, Edinburg, Weslaco, Falfurrias, Hebbronville, and Donna). The bank serves individuals, families, professionals, and small and medium-sized businesses with a full suite of personal and business banking products, including checking and savings accounts, personal and business loans, VA loans, mortgages, merchant services, and treasury management. Distribution combines physical branches, owned and Allpoint-network ATMs, a mobile banking application on Apple and Android, a web-based online banking platform, telephone banking, and digital wallet support through Apple Pay, Google Pay, and Samsung Pay.

The underlying technology is described as traditional banking infrastructure augmented with standard digital channels, including mobile deposit capture, bill pay, remote deposit login, and third-party check ordering via MainStreet Inc. The bank emphasizes ease-of-use implementation across its digital properties rather than proprietary technology differentiation, and no AI/ML capabilities, APIs, or developer platforms are disclosed. Regulatory credentials include a Texas Department of Banking charter, Federal Reserve System membership (routing 314973548), FDIC deposit insurance, and NMLS #1960526 mortgage origination registration.

Greater State Bank generates revenue primarily through net interest income on personal and business loans (including mortgages and VA loans), account-related fees (monthly service, overdraft, ATM, and account research), merchant services transaction processing, and treasury management fees for business customers. Pricing is not publicly disclosed and follows a quote-based, relationship-driven model consistent with community banking. Go-to-market is community-led, with customer acquisition supported by local event sponsorship, branch presence, financial education content, and a "genuine hometown banking" brand positioning that has been cultivated over 50+ years in the South Texas market.

Name

Greater State Bank

Legal name

Greater State Bank

Website

https://greaterstatebank.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

1–10 employees

Short description

Greater State Bank is a Texas-chartered community bank founded in 1974, operating six branches across the Rio Grande Valley and serving individuals, families, professionals, and small businesses with personal and business banking, lending, merchant services, and treasury management products.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211)

SIC

State Commercial Banks (6022)

akta.pro primary industry

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

akta.pro secondary industries

Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB), Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE), Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI)

Keywords

• Community banking
• Retail banking services
• Consumer lending
• Small business banking
• Mortgage lending

Headquarters

HQ city

Mcallen

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Traditional banking revenue from interest earned on loans including personal loans, VA loans, mortgages, and business loans. Interest is charged on lending products while deposits earn interest for customers.
2. Checking and Savings Account Fees: Monthly service fees, maintenance fees, and transaction fees associated with personal and business checking and savings accounts. Additional fees may include overdraft charges, ATM fees, and account research fees.
3. Merchant Services: Transaction processing fees charged to business customers for card payment processing services including mobile card reader and point-of-sale solutions.
4. Treasury Management Services: Cash management, treasury, and financial services for business customers generating fee-based revenue.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

Greater State Bank is a community bank that provides personal and business banking products and services, including checking and savings accounts, personal loans, VA loans, mortgages, business checking accounts, business loans, merchant card processing, and treasury management. These services are delivered through six physical branches across South Texas, supplemented by mobile and online banking channels, telephone banking, and a network of owned and Allpoint partner ATMs.

Product overview

Greater State Bank operates as a traditional community bank offering a unified suite of banking services through multiple delivery channels. The core product portfolio spans personal banking (checking accounts, savings, personal loans, VA loans, and mortgages) and business banking (checking accounts, business loans, merchant services, and treasury management). These products are delivered through a multi-channel approach comprising physical branches, mobile banking app, online banking platform, telephone banking, and a mobile card reader for merchants. The bank emphasizes 'genuine hometown banking' with personal customer service as a differentiator.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Accounts

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Federal Reserve SystemcoreOthersGreater State Bank is a member of the Federal Reserve System, which provides regulatory oversight, banking services, and monetary policy integration for the bank as a federally chartered institution.
• Federal Deposit Insurance Corporation (FDIC)coreOthersFDIC insures all deposits at Greater State Bank, providing deposit protection up to the insured limit. This membership is fundamental to the bank's operations and customer trust.
• Texas Department of BankingcoreOthersGreater State Bank is chartered by the Texas Department of Banking, providing state-level regulatory oversight and charter authority for the bank's operations.
• Allpoint NetworkminorChannel Partner/ Reseller/ DistributorAllpoint Network partnership provides Greater State Bank customers with surcharge-free access to Allpoint ATMs nationwide, expanding customer access beyond the bank's owned ATM network.

Scale indicators4 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Woodforest National Bank: National community bank with extensive Texas retail footprint including Walmart-based branches — offers comparable consumer and small business deposit and lending products to Greater State Bank's customer segments.
• Frost Bank: Large Texas-based regional bank offering consumer and commercial banking products across the state, including South Texas — competes head-on with Greater State Bank in similar segments but at substantially greater scale and product breadth.
• Cadence Bank: Mid-size regional bank with Texas operations providing commercial, treasury, and consumer banking services — competes in overlapping SMB and consumer segments with Greater State Bank but at much larger scale.

Direct peers

• IBC Bank (International Bancshares Corporation): A major Texas-based commercial bank with deep concentration in the Rio Grande Valley and South Texas border markets, serving consumer and business customers with a similar community banking model and product suite.
• Vantage Bank Texas: Texas community bank providing personal, business, and mortgage banking services through a multi-branch model — comparable in size, geography focus, and product offering to Greater State Bank.
• Texas Regional Bank: South Texas-based community bank serving consumer and SMB customers with a branch-led model and similar hometown banking positioning as Greater State Bank.
• PlainsCapital Bank: Texas-headquartered commercial bank offering deposit, lending, treasury management, and merchant services to consumers and SMBs — comparable product mix with Greater State Bank's business banking focus.
• Lone Star National Bank: Texas-chartered community bank operating across South Texas with similar focus on personal and business banking, branch-based service, and local market relationships directly comparable to Greater State Bank's footprint.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/GreaterState
• Facebookfacebook.com/Greater-State-Bank-106742951343437
• LinkedInlinkedin.com/company/greater-state-bank

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

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 Greater State Bank