Croghan Colonial Bank
Croghan Colonial Bank is a privately held, FDIC-insured community bank headquartered in Fremont, Ohio, operating 20+ branches across northwest Ohio to deliver consumer, small business, mortgage, and wealth management banking services to local individuals, families, and SMBs.
- Company typePrivate
- Founded1983
- HeadquartersFremont, United States
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What Croghan Colonial Bank does
Croghan Colonial Bank is an FDIC-insured, privately held community bank headquartered at 323 Croghan Street in Fremont, Ohio, operating a network of more than 20 physical branches across northwest Ohio including Tiffin, Bellevue, Clyde, Norwalk, Port Clinton, Oregon, and Fremont (with multiple Fremont locations and dedicated drive-thru sites), plus commercial services offices in Maumee and Strongsville. Founded in 1983 as a corporate entity but claiming over a century of continuous community service, the bank employs 501–1,000 people and holds NMLS #451442. Its go-to-market is community-led, with relationship banking targeted at individuals, families, and small businesses in its regional footprint.
The bank offers four core product lines: Business Loans (small business financing for starting, expanding, or acquiring a business), Mortgage Loans (home purchase and refinance products), Gen$pend under the Gen$uite Journey (a youth-focused debit card and digital banking product for 13–22 year-olds), and Wealth Management (retirement planning, 401(k) administration, and investment strategies). These are supported by 24/7 Online and Mobile Banking channels, an active social media presence (Facebook, Instagram, LinkedIn, YouTube), and the "Five in Five" email newsletter. The technology stack is standard retail-banking infrastructure (web and mobile front-ends via secure.myvirtualbranch.com) rather than proprietary AI-driven platforms, with the principal differentiator being ease of use and a domain-specialized youth offering.
The revenue model is traditional community banking: spread income from business, mortgage, and consumer lending; fee and deposit-account income from checking, savings, and loan servicing; and asset-based fees from wealth management. Pricing is not publicly disclosed and is quote-based through branch contact. The bank has pursued modest inorganic growth, most notably acquiring Indebancorp in December 2013 for $29.1 million. Leadership comprises Rick M. Robertson as President & CEO and Kendall W. Rieman as CFO.
Croghan Colonial Bank firmographics
Firmographics- Name
- Croghan Colonial Bank
- Legal name
- Croghan Colonial Bank
- Website
- https://croghan.com
- Company type
- Private
- Founded year
- 1983
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Croghan Colonial Bank is a privately held, FDIC-insured community bank headquartered in Fremont, Ohio, operating 20+ branches across northwest Ohio to deliver consumer, small business, mortgage, and wealth management banking services to local individuals, families, and SMBs.
- Ownership category
- akta.pro rank
Croghan Colonial Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- SME Commercial Real Estate (CRE) Lending (FSABABAG)
Keywords
Where Croghan Colonial Bank is headquartered
LocationHeadquarters
- HQ city
- Fremont
- HQ country
- United States
- HQ region
- North America
Offices20 records
Markets served
Croghan Colonial Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Interest Income from Loans: Traditional banking revenue generated from interest earned on business loans, mortgage loans, and other credit products extended to customers
- Deposit Taking and Fee-Based Services: Revenue from deposit accounts, checking accounts, and fee-based banking services including loan servicing, account management, and digital banking tools
- Wealth Management Services: Revenue from personalized wealth management services including retirement planning, 401(k) management, and investment strategies
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Personal Checking and Savings Accounts |
| Other | Monthly | Business Loans and Commercial Lending |
| Other | Monthly | Mortgage Loans |
| Subscription | Annual | Wealth Management Services |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels8 records
Croghan Colonial Bank product offering
Product offeringCore offering
Croghan Colonial Bank is a privately held, FDIC-insured community bank headquartered in Fremont, Ohio, delivering traditional personal and business banking services. Its core offerings include business loans, mortgage loans, the Gen$pend youth banking product for ages 13–22, wealth management (retirement planning, 401(k)s, investment strategies), and deposit accounts (checking, savings), supported by 20+ physical branches across northwest Ohio and 24/7 online and mobile banking channels.
Product overview
Croghan Colonial Bank offers a unified suite of traditional banking services organized around four core product lines: Business Loans for small business financing needs; Mortgage Loans for home purchases and refinancing; Gen$pend (part of the Gen$uite Journey program) for young adults aged 13-22 with debit card and digital banking tools; and Wealth Management services including retirement planning, 401(k)s, and investment strategies. These are complemented by 24/7 Online and Mobile Banking digital access channels. The bank operates over 20 branch locations across Ohio.
Differentiator
Problem solved
Functional benefit
Brands
- Gen$pend: Smart spending and simplified saving program designed for students and young adults aged 13-22, featuring a debit card and digital banking tools.
Products and services
- Business Loans Small business financing solutions for starting, expanding, or purchasing for business operations, providing funding and support for growth. Served to local and regional small business owners.
- Mortgage Loans Home purchase and refinancing mortgage products with competitive rates and flexible options for homebuyers and refinancing homeowners.
- Gen$pend (Gen$uite Journey) Digital banking product designed for students and young adults aged 13–22, featuring a debit card and easy-to-use digital banking tools for smart spending and simplified saving.
- Wealth Management Personalized wealth management services including retirement planning, 401(k) accounts, and investment strategies to help clients build and protect wealth over time.
- Online Banking Secure web-based digital banking platform enabling 24/7 access to accounts, allowing customers to manage finances online via a secure portal.
- Mobile Banking Mobile application enabling 24/7 banking access from smartphones and tablets for account management and transactions.
Companies that use Croghan Colonial Bank
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles5 records
Croghan Colonial Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Croghan Colonial Bank partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights4 records
Croghan Colonial Bank competitors and assessment
Company assessmentDirect peers
- Farmers National Bank (FNB Bancshares): Ohio-based community bank offering similar business, consumer, and mortgage products in Ohio markets with a comparable community-banking model.
- LCNB Corp: Ohio-based community bank holding company operating in southwest and central Ohio, offering commercial, retail, and wealth management services with a comparable community-banking model and similar scale.
- First Financial Bancorp: Ohio-headquartered community bank holding company with similar business and consumer banking, mortgage, and wealth management offerings, comparable scale, and overlapping presence in Ohio markets.
- Premier Bank (Premier Financial Corp): Ohio and Pennsylvania community bank offering business loans, mortgages, and wealth services with a similar relationship-based model and comparable branch footprint.
- First National Bank of Pennsylvania (F.N.B. Corporation): Pennsylvania and Ohio community bank with business lending, mortgage, and wealth management offerings, comparable in customer segments and product mix.
- Civista Bank (Civista Bancshares): Ohio-based community bank serving northern Ohio and adjacent markets with business, consumer, and mortgage banking, comparable in scale and community-banking approach.
Broad incumbents
- KeyBank (KeyCorp): Ohio-based regional bank with consumer, commercial, mortgage, and wealth management services. Operates branches in the same Ohio geographies as Croghan and competes for the same small business and retail customers.
- Fifth Third Bank: Major Ohio-based super-regional bank with consumer, commercial, mortgage, and wealth services. Direct competitor in Ohio markets with much broader product suite and technology investment.
- Huntington Bancshares: Large Ohio-headquartered regional bank operating across the Midwest with full-service consumer, commercial, and wealth management. Competes directly with Croghan in northwest Ohio but at much greater scale and digital sophistication.
Regional players
- First Federal Lakewood: Ohio community savings bank serving northeast Ohio with consumer and business banking; not a direct geographic competitor to Croghan's northwest Ohio footprint but comparable in product mix and scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Croghan Colonial Bank social profiles
Digital presenceCroghan Colonial Bank compliance and trust
Trust signalCompliance1 record
Croghan Colonial Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Croghan Colonial Bank leadership team
Management profileNumber of profiles
Profiles2 records
Croghan Colonial Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Croghan Colonial Bank M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Croghan Colonial Bank
What does Croghan Colonial Bank do?
Croghan Colonial Bank is a privately held, FDIC-insured community bank headquartered in Fremont, Ohio, delivering traditional personal and business banking services. Its core offerings include business loans, mortgage loans, the Gen$pend youth banking product for ages 13–22, wealth management (retirement planning, 401(k)s, investment strategies), and deposit accounts (checking, savings), supported by 20+ physical branches across northwest Ohio and 24/7 online and mobile banking channels.
Is Croghan Colonial Bank a public or private company?
Croghan Colonial Bank is a private company. It is classified as unknown and is currently operating.
When was Croghan Colonial Bank founded?
Croghan Colonial Bank was founded in 1983. It employs 501 to 1,000 people.
Where is Croghan Colonial Bank based?
Croghan Colonial Bank is headquartered in Fremont, United States, in the North America region.
How does Croghan Colonial Bank make money?
Three revenue lines are on record. Interest Income from Loans are the primary driver. The others are deposit Taking and Fee-Based Services and wealth Management Services.
Who are Croghan Colonial Bank's main competitors?
Direct peers on record are Farmers National Bank (FNB Bancshares), LCNB Corp, First Financial Bancorp, Premier Bank (Premier Financial Corp), First National Bank of Pennsylvania (F.N.B. Corporation) and Civista Bank (Civista Bancshares). Broad incumbents are KeyBank (KeyCorp), Fifth Third Bank and Huntington Bancshares. First Federal Lakewood is listed as a regional player.
Does Croghan Colonial Bank have an API?
No public API is recorded for Croghan Colonial Bank.
What industry is Croghan Colonial Bank in?
Croghan Colonial Bank's product category is Community Banking. Its primary akta.pro industry code is FSABABAG, SME Commercial Real Estate (CRE) Lending. Its NAICS code is 52211 and its SIC code is 6022.