State Bank of Southwest Missouri

What State Bank of Southwest Missouri does

State Bank of Southwest Missouri is a privately held community bank founded in 1985 and headquartered in Springfield, Missouri. The institution serves individual consumers and small-to-mid-sized businesses in the Southwest Missouri region with a full suite of traditional retail and commercial banking products: personal and business checking/savings accounts, real estate mortgages, personal loans, business loans, credit cards, and wealth/investment services. Revenue is generated primarily through net interest income on the loan portfolio (mortgages, personal and business lending), supplemented by deposit and transaction fees, credit card fee income, and referral-based revenue from a wealth management partnership with 417 Wealth.

The bank's distribution combines a single physical branch in Springfield with a Banno-powered (Jack Henry & Associates) digital banking platform that supports online enrollment, mobile banking, secure banker chat, bill payment, alerts, and debit card controls. The technology stack is largely outsourced: the digital experience, the website ("Created by Banno"), and the wealth services delivery (via 417wealth.com and myaccountviewonline.com) all rely on third-party platforms. The institution holds FDIC-insured status and operates as an Equal Housing Lender, reflecting standard U.S. community bank regulatory standing.

The go-to-market is relationship-driven and locally focused, relying on physical branch presence, word-of-mouth referrals, the bank's website, and a Facebook page for customer acquisition. Headcount sits in the 11-50 employee range per firmographic data, consistent with a small, single-location community bank. No parent company, holding company structure, institutional investors, or recent leadership changes are disclosed, and the bank does not publicly disclose revenue, deposits, or loan book size.

Name

State Bank of Southwest Missouri

Legal name

State Bank of Southwest Missouri

Website

https://statebankonline.net

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

11–50 employees

Short description

State Bank of Southwest Missouri is a privately held community bank founded in 1985 in Springfield, Missouri. It offers personal and business banking, mortgages, loans, credit cards, and wealth management referrals to consumers and small businesses in Southwest Missouri.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022), Personal Credit Institutions (6141)

akta.pro primary industry

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

akta.pro secondary industries

Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB), Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI), Credit Cards & Revolving Credit (FSABAAAC)

Keywords

• Community banking services
• Personal banking accounts
• Business lending solutions
• Mortgage financing
• Digital banking platform

Headquarters

HQ city

Springfield

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Lending: The bank generates revenue primarily through interest earned on real estate loans (mortgages), personal loans, and business loans. Competitive rates are offered for mortgage lending with prompt decision-making.
2. Banking Service Fees: Revenue generated from account maintenance, transaction processing, and other banking service fees associated with personal and business banking accounts.
3. Credit Card Operations: Income from credit card transactions and associated fees.
4. Wealth and Investment Services: Referral or partnership revenue from wealth management and investment services offered through 417wealth.com, including certified financial planning.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

State Bank of Southwest Missouri is a community bank offering personal banking (checking, savings), business banking, real estate/mortgage lending, personal and business loans, and credit cards, delivered through a physical branch in Springfield, Missouri and a Banno-powered digital banking suite. Wealth and investment services are offered to customers via a strategic partnership with 417 Wealth. The bank emphasizes personalized, relationship-based service and local market decision-making for the Southwest Missouri region.

Product overview

State Bank of Southwest Missouri offers a unified suite of traditional banking products and services centered around its core banking platform. The product portfolio includes Personal Banking, Business Banking, and Digital Banking as the primary service lines, supplemented by lending products (Real Estate Loans, Personal Loans, Business Loans, Credit Cards), and Wealth and Investment Services. The bank operates as a community bank serving Springfield, Missouri since 1985, positioning itself as a service-intensive institution focused on individualized customer relationships.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Banking

Quantifiable outcome

• Reputation as most service-intensive bank in Springfield

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core.

• BannocoreTechnology or IntegrationBanno provides the digital banking platform technology powering State Bank of Southwest Missouri's online and mobile banking experience. The bank's website and digital banking infrastructure is created by Banno, a financial technology company specializing in digital banking solutions.
• 417 WealthcoreStrategic or Co-development PartnerStrategic partnership providing wealth and investment services to State Bank customers. 417 Wealth offers certified financial planning, personalized investment portfolios, and dedicated client access portal. State Bank refers customers to this service for comprehensive wealth management needs.
• FDIC (Federal Deposit Insurance Corporation)coreOthersFederal regulatory partner providing deposit insurance for State Bank customers. All deposits are FDIC-insured, backed by the full faith and credit of the U.S. Government, protecting customer deposits up to the insured limit.
• HUD (Department of Housing and Urban Development)coreOthersFederal regulatory partner enabling State Bank to offer Equal Housing Lender status, demonstrating commitment to fair lending practices and compliance with federal housing regulations.

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Wood & Huston Bank: Missouri-based community bank offering personal, business, and agricultural banking services with similar relationship-banking positioning to State Bank of Southwest Missouri, though with a different geographic focus that limits direct overlap.
• Oakstar Bank: Community bank headquartered in Springfield, Missouri with a comparable product mix of personal banking, mortgages, and business lending, targeting the same local consumer and SMB segments as State Bank of Southwest Missouri.
• BTC Bank: Missouri-headquartered community bank offering consumer and business banking, mortgages, and wealth services — comparable in scale and product scope to State Bank of Southwest Missouri, though operating in different Missouri counties.
• Great Southern Bank: Headquartered in Springfield, Missouri, Great Southern Bank is the most direct local competitor — a community bank operating in the same metropolitan market with overlapping retail, mortgage, and small business banking offerings targeting Springfield-area consumers and SMBs.
• Central Bank of the Ozarks: Springfield, Missouri-based community bank offering personal and business banking products in the same Southwest Missouri market, competing head-to-head for retail deposits, mortgages, and small business lending relationships.
• First Missouri Bank: Missouri-headquartered community bank providing retail deposit, mortgage, and commercial lending services in markets overlapping with State Bank of Southwest Missouri, with a comparable relationship-banking positioning.

Broad incumbents

• Commerce Bank: Major Missouri-based regional bank with significant Springfield presence, offering personal banking, mortgages, wealth management, and business banking — competing with State Bank of Southwest Missouri across virtually every product line, but with materially greater scale and brand reach.
• Equity Bank: Multi-state community bank with presence across Missouri and Kansas offering the full suite of retail and commercial banking products, competing with State Bank of Southwest Missouri in overlapping Southwest Missouri markets with a larger balance sheet and broader branch footprint.
• Arvest Bank: Large regional community banking franchise with Southwest Missouri operations, offering retail deposits, mortgage, business banking, and wealth services — a broader-portfolio incumbent that competes directly with State Bank of Southwest Missouri for local customers.
• Simmons Bank: Mid-sized regional bank with branches across multiple states including Missouri, providing retail, commercial, and mortgage banking — a scaled incumbent competing with State Bank of Southwest Missouri in overlapping geographies and product categories.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/statebankonline

Compliance2 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 State Bank of Southwest Missouri