Tiedemann and Associates

What Tiedemann and Associates does

Tiedemann and Associates is a privately held, Midwest-based specialty contractor that designs, constructs, and secures community bank and credit union facilities. The firm operates from a single headquarters in St. Louis, Missouri and serves a regional corridor that includes the Springfield, Illinois area and the territory between St. Louis and Illinois. Founded in 1974 by Leo Tiedemann, whose career in bank construction dated to the mid-1950s at the former Bank Building Corporation, the company today is co-owned by Joe Tiedemann and Dean Nesser, who together bring 90 years of combined industry experience.

The business is structured around two integrated service lines. The Design & Construction line delivers turn-key bank facility projects, including site planning, building placement, traffic flow design, parking layout, phased expansion plans, and project management through completion. The Bank Equipment line, in operation since approximately 1999, supplies and services ATMs (as an authorized Hyosung dealer), drive-up banking systems (American Vault), UL-tested alarm and video security (Honeywell open-platform), vaults and vault doors (including large-scale installations up to 23 tons), safes, safe deposit boxes, teller cabinetry and casework, modular banking facilities, and a retail line of gun safes (Champion, Safeguard, Ft. Knox) sold through the company showroom. All equipment sales are bundled with factory-trained installation and ongoing service contracts.

Revenue is generated through three streams: project-based design and construction services for new and existing facilities, hardware sales of bank and security equipment, and recurring managed-service contracts for ATM servicing, alarm and video maintenance, drive-up equipment, and vault/safe support. Distribution is direct and regional — phone, contact form, and a client portal on the company website are the primary channels — with no third-party resellers, public funding, or external institutional ownership disclosed. The company has been family-owned across generations and reports no acquisitions, restructuring, or expansion outside its established Midwest footprint.

Name

Tiedemann and Associates

Legal name

Tiedemann & Associates

Website

https://tiedemann-assoc.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

11–50 employees

Short description

Tiedemann and Associates is a privately held Midwest specialty contractor providing turn-key design, construction, and security equipment services exclusively for community banks and credit unions, with bundled hardware sales and ongoing maintenance contracts.

Ownership category

akta.pro rank

Headquarters

HQ city

St Louis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Bank Equipment Sales: Sale of bank equipment including ATMs (Hyosung products), drive-up systems (American Vault), alarm and video systems (Honeywell), vaults, vault doors, safes, safe deposit boxes, and gun safes. Equipment sales combined with installation services.
2. Service Contracts and Maintenance: Ongoing maintenance contracts for ATM servicing, alarms, video systems, drive-up equipment, and other bank security systems. Factory trained service technicians provide installation and ongoing support.
3. Design and Construction Services: Turn-key design and construction services for community banks and credit unions, including preliminary designs, comprehensive budget estimates, site planning, and project management through completion.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Tiedemann & Associates provides turn-key design, construction, and security equipment services for community banks and credit unions in the Midwest. Offerings include preliminary design and budget estimation, site planning, building construction, and full equipment supply and installation (ATMs, drive-up systems, alarm and video security, vaults, safes, and modular banking facilities), supported by ongoing service and maintenance contracts.

Product overview

Tiedemann & Associates offers two integrated service lines for community banks and credit unions: (1) Turn-key Design & Construction services encompassing site planning, building design, and construction management, and (2) a comprehensive Bank Equipment division offering teller cabinetry, ATMs (Hyosung dealer), drive-up systems (American Vault), alarm and video security (Honeywell), vaults, safes, modular banking facilities, and gun safes (Champion, Safeguard, Ft. Knox). All equipment offerings include professional installation and ongoing service contracts for maintenance. The company has 50 years of bank construction experience and 25 years of bank equipment expertise.

Differentiator

Problem solved

Functional benefit

Products and services

• Design & Construction Services Turn-key design and construction services for community banks and credit unions, including preliminary designs, comprehensive budget estimates, site plans showing building placement, traffic flow, parking and expansion possibilities, and full project management through completion.
• Bank Equipment Sales, Installation & Service Full-service bank equipment offering for community banks and credit unions, supplying and installing ATMs (Hyosung), drive-up systems (American Vault), alarm and video security systems (Honeywell), vaults and vault doors, safes and safe deposit boxes, teller cabinetry and casework, modular banking facilities, and gun safes (Champion, Safeguard, Ft. Knox), with service contracts for ongoing maintenance.
• ATMs & Cash Recyclers Hyosung ATM products supplied and serviced by factory-trained technicians and installers, with ongoing maintenance and support services for community bank and credit union customers.
• Drive-up Banking Systems American Vault drive-up banking systems installed and serviced by Tiedemann, with the company standing behind products 100% and servicing what it sells.
• Alarm & Video Security Systems UL-tested alarm and video security systems built on Honeywell's open platform, giving customers flexibility to choose their own service providers rather than locking them into a single vendor.
• Modular Banking Facilities Completely furnished and equipped modular banking facilities with site planning for traffic flow, parking, and expansion phasing; can be equipped with conventional drive-thru banking, ATMs, or teller-assisted ITMs.
• Teller Cabinetry & Casework Custom design and construction of teller cabinetry, casework, and finishes for bank facilities, with security-focused layouts customized to facility requirements.
• Vaults, Vault Doors, Safes & Safe Deposit Boxes Security vault installation including handling of large-scale vault doors (up to 23 tons), with removal and shipping capabilities across the country; large assortment of safes, lockers, and safe deposit boxes with professional installation ensuring proper setup.
• Gun Safes Champion, Safeguard, and Ft. Knox gun safes and vault doors offering value and security for firearms and valuables, available through Tiedemann's showroom.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• HyosungcoreTechnology or IntegrationAuthorized dealer for Hyosung ATM products. Tiedemann offers factory trained service technicians and installers for Hyosung ATMs with many years of experience keeping ATMs operational.
• American VaultcoreTechnology or IntegrationProvider of drive-up banking systems. American Vault systems are described as second to none with proven track record and reliability. Tiedemann services what they sell and stands behind products 100%.
• ChampionminorChannel Partner/ Reseller/ DistributorGun safe manufacturer whose products are offered through Tiedemann's showroom.
• SafeguardminorChannel Partner/ Reseller/ DistributorGun safe manufacturer whose products are offered through Tiedemann's showroom.
• Ft. KnoxminorChannel Partner/ Reseller/ DistributorGun safe and vault door manufacturer whose products are offered through Tiedemann's showroom for ultimate value and security of firearms and valuables.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Bank Equipment & Security Technologies (BEST): Independent bank equipment and security systems integrator serving community banks and credit unions with ATMs, vaults, alarms, video, and service contracts. Most direct peer to Tiedemann's equipment division in terms of product mix, customer type, and regional integrator business model.
• American Vault: Manufacturer of drive-up banking systems that supplies Tiedemann as a dealer. Functionally comparable as a specialty provider of drive-up and pneumatic tube banking equipment to community banks, with overlapping customer base in the Midwest and similar positioning around reliability and service.

Broad incumbents

• NCR Atleos: Major ATM and banking self-service hardware/services provider spun out from NCR. Comparable to Tiedemann in supplying ATMs, cash recyclers, and ongoing service to community banks and credit unions, but at much larger scale and with broader geographic coverage.
• Diebold Nixdorf: Global provider of banking hardware, software, and services including ATMs, teller systems, and branch security. Directly comparable product line to Tiedemann's bank equipment division (ATMs, alarms, video, vaults) and competing in the same community bank refresh market, though at significantly larger scale.
• Hyosung: Global ATM manufacturer that is also Tiedemann's authorized product partner. Highly relevant because Tiedemann is a Hyosung dealer/installer for community banks, and Hyosung's broader hardware/software portfolio competes in many of the same bank technology refresh opportunities Tiedemann addresses through its service contracts.
• Brink's: Provider of cash management, vault, and secure logistics services for financial institutions. Comparable to Tiedemann on the vault/safe/security side of the bank equipment business and a likely competitor for security-system installations and cash-handling infrastructure at community banks.
• Fiserv: Large financial technology and services provider whose branch solutions (including hardware and integrated teller/ATM systems) address community bank modernization needs that Tiedemann serves on the physical infrastructure side. Not a direct competitor in construction but competes for the same branch technology wallet.
• Honeywell Building Technologies: Security systems provider whose open-platform alarm and video products Tiedemann distributes and installs. Comparable as both an upstream partner and a competing integrator for community bank security system installations across the Midwest.

Regional players

• Schaefer Construction: Specialty bank and financial institution construction firm with regional Midwest presence. Comparable to Tiedemann's design/build division as a turn-key bank construction specialist, often competing for the same community bank and credit union projects in overlapping geographies.
• Construction Solutions Group (CSG): Specialty design-build contractor focused on financial institution construction and remodeling. Direct comparable to Tiedemann's turn-key design and construction services for community banks and credit unions, serving similar customer profiles in the Midwest.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/tiedemann-bank-equipment

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Tiedemann and Associates