What Hendricks County Bank does

Hendricks County Bank and Trust Company (HCBT) is a privately held, FDIC-insured community bank headquartered at One East Main Street in Brownsburg, Indiana, founded in 1908 and operating continuously for over 115 years. The bank serves individual consumers and local businesses in Hendricks County and the surrounding Central Indiana region through a full suite of community banking products. Core offerings include personal and business checking and savings accounts, certificates of deposit, IRAs, and a complete lending portfolio spanning home equity loans, mortgages, auto loans, personal loans, commercial loans, construction loans, and credit cards. Investment services are delivered through an affiliated wealth advisory entity, HCBT Wealth Advisors.

The bank's technology stack is entirely third-party: the digital banking platform (online and mobile), account origination, and core processing infrastructure are provided by Fiserv, while supplementary capabilities include the Credit Sense credit monitoring tool, the Banzai Interactive Financial Literacy platform, and surcharge-free ATM access via the Allpoint network (55,000+ locations). The mobile banking app includes standard card management features such as on/off controls, real-time alerts, geographic limits, and spending controls. No proprietary technology, AI/ML capabilities, patents, or proprietary data assets are disclosed. Distribution is multi-modal — physical branch, online banking, mobile app, and ATM network — but anchored to a single Indiana county.

HCBT generates revenue through traditional community banking mechanics: net interest income from the lending portfolio (mortgages, home equity, auto, personal, commercial, and construction loans), deposit account fees and service charges, transaction-based banking fees (wire transfers, stop payments), and credit card interest and fees. The bank is privately held with no parent company, no public listing, and no disclosed funding rounds. No financial figures, headcount data, or ownership structure beyond private status are disclosed in the available input.

Name

Hendricks County Bank

Legal name

Hendricks County Bank and Trust Company

Website

https://hendrickscountybank.com

Company type

Private

Founded year

1908

Operating status

Operating

Headcount range

11–50 employees

Short description

Hendricks County Bank and Trust Company is a privately held, FDIC-insured community bank founded in 1908 and headquartered in Brownsburg, Indiana, serving individual consumers and local businesses in Hendricks County with deposit accounts, lending products, and digital banking on a Fiserv platform.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Savings Institutions and Other Depository Credit Intermediation (52218), Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (522180)

SIC

Savings Institutions, Not Federally Chartered (6036)

akta.pro primary industry

Mutual Savings Banks & Mutual Thrifts (FSABAEAD)

akta.pro secondary industry

Private Banking & UHNW Wealth Advisory (FSAEABAC)

Keywords

• Community banking
• Personal banking
• Commercial lending
• Mortgage loans
• Business banking

Headquarters

HQ city

Brownsburg

HQ country

United States

HQ region

North America

Offices1 record

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 from Lending: Traditional bank revenue from interest earned on loans including mortgages, home equity loans, auto loans, personal loans, commercial loans, and construction loans. Interest rates vary by product type and borrower qualifications.
2. Deposit Account Fees and Service Charges: Fees from checking and savings account services, potentially including monthly maintenance fees, overdraft fees, and other account-related charges.
3. Banking Service Fees: Various banking service fees from services like wire transfers, stop payments, and other transaction-based services.
4. Credit Card Fees: Revenue from credit card products including interest charges and transaction fees.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

Hendricks County Bank is a community bank offering deposit products (checking, savings, CDs, IRAs) and a full range of lending products (mortgage, home equity, auto, personal, commercial, construction) for both consumers and businesses. Services are delivered through physical branches in Brownsburg, Indiana, complemented by Fiserv-powered online and mobile banking, the Allpoint surcharge-free ATM network, and affiliated wealth advisory services through HCBT Wealth Advisors.

Product overview

Hendricks County Bank offers a comprehensive suite of community banking products organized around personal and business banking divisions. The core product portfolio includes checking and savings accounts, CDs, and IRAs for both personal and business customers. The bank provides a full range of lending products including home equity loans, mortgage loans, auto loans, personal loans, commercial loans, and construction loans, along with credit cards. Digital banking services include online and mobile banking with features such as account management, bill payment, mobile deposits, and fund transfers. Additional offerings include Credit Sense (free credit score and monitoring), financial calculators, and an Education Center with interactive financial literacy tools. The bank has served Hendricks County since 1908.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Checking accounts designed for individual consumers with features tailored to everyday personal banking needs.
• Savings, CD and IRAs Personal savings accounts, Certificates of Deposit, and Individual Retirement Accounts for individual customers seeking to grow and protect savings.
• Business Checking Checking accounts designed for business customers with features tailored to commercial cash management needs.
• Business Savings and CDs Business savings accounts and Certificates of Deposit for commercial customers seeking to manage business reserves and time deposits.
• Online and Mobile Banking Digital banking platform enabling customers to access accounts, view balances, pay bills, make mobile deposits, and transfer funds via web and mobile app, with debit card management features.
• Mortgage Loans Mortgage financing for home purchases, new builds, and home remodels, originated through the bank's mortgage loan officers and online application portal.
• Home Equity Loans Loans secured by the borrower's home equity for purposes including home improvements and major expenses.
• Auto Loans Financing options for consumer vehicle purchases.
• Personal Loans Unsecured personal loans for individual consumer financial needs.
• Credit Cards Credit card products available to both personal and business customers.
• Commercial Loans Business lending products including commercial real estate and operating loans for local businesses.
• Construction Loans Financing for construction and development projects, including commercial construction lending.
• HCBT Wealth Advisors Investment Services Affiliated investment and wealth advisory services provided to bank customers through HCBT Wealth Advisors.

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

Three partnerships are on record, tiered core and minor.

• Allpoint NetworkcoreChannel Partner/ Reseller/ DistributorHCBT is part of the Allpoint ATM Network, providing surcharge-free ATM access at over 55,000 locations nationwide. Customers can use any Allpoint ATM without fees, just like at an HCBT ATM. This partnership enhances the bank's distribution footprint and customer convenience for cash access.
• FiservcoreTechnology or IntegrationFiserv provides the core banking technology infrastructure including the online banking platform (web6.secureinternetbank.com), account origination platform (originate.fiservapps.com), and digital banking services. This is the primary technology backbone enabling the bank's digital banking capabilities.
• HCBT Wealth AdvisorsminorStrategic or Co-development PartnerAffiliated wealth advisory service providing investment services to bank customers. The bank directs customers to hcbtwealthadvisors.com for investing services, indicating an affiliated but distinct service offering.

Scale indicators2 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• Centier Bank: Indiana-headquartered community bank with personal/business banking, mortgage, and wealth services serving Indiana consumers and small businesses. Overlaps with HCBT on product mix, customer segments, and digital banking approach, with comparable Indiana footprint.
• Lake City Bank: Indiana-headquartered community bank with an analogous product menu (personal, business, mortgage, wealth) and a strong multi-county local presence. Closely comparable in business model, distribution mix (branch + digital), and customer base focused on Indiana consumers and small businesses.
• STAR Financial Bank: Indiana-based community bank with similar personal/business banking, mortgage, and wealth services targeted at Central Indiana consumers and businesses. Comparable in size, geographic concentration in Indiana, and relationship-banking model.

Broad incumbents

• First Merchants Bank: One of Indiana's largest community banking franchises, offering a comparable deposit and lending product suite across Indiana communities. Overlaps with HCBT in personal/business banking, mortgage origination, and wealth services, but operates across multiple states at greater scale.
• Old National Bank: Large regional bank with deep Indiana branch network offering personal, business, mortgage, and wealth services. Competes with HCBT for deposits and loans in Central Indiana, but operates across multiple states with a broader institutional footprint.

Emerging players

• First Internet Bank of Indiana: Indiana-chartered direct/digital bank competing for the same deposit and consumer-loan customers via online and mobile channels. Comparable on consumer deposit and lending products, but operates without physical branches and competes against HCBT for digitally-engaged Indiana customers.
• Chime: National fintech offering consumer checking and savings accounts that compete with HCBT for retail deposits among digitally native customers in Indiana. Represents a different business model (no branches, partner-bank based) but targets the same personal banking segment as HCBT.

Regional players

• National Bank of Indianapolis: Community-focused bank serving the Indianapolis metropolitan area, including portions of Hendricks County. Comparable in product mix (deposits, lending, wealth) with a community banking approach, though concentrated slightly more on Indianapolis MSA than on rural Hendricks County.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

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 Hendricks County Bank