Graham Savings and Loan

What Graham Savings and Loan does

Graham Savings and Loan, SSB is a Texas state-chartered savings bank founded in 1934 and headquartered at 745 Elm Street, Graham, Texas, with two additional branches in Breckenridge and Possum Kingdom (Graford). The bank serves local retail and small-business customers across Young, Stephens, and Palo Pinto counties with a relationship-driven community banking model built over approximately 90 years. Its core technology stack consists of standard community banking infrastructure — a web-based online banking platform, a native iOS/Android mobile app with card control and mobile deposit, and third-party integrations including BaZing (rewards), MX (account aggregation), BankSITE (financial calculators), and Mastercard (card issuance) — with no proprietary AI or machine-learning components disclosed.

The bank's product portfolio spans personal and business banking. Personal offerings include tiered Rewards Checking accounts (Platinum, Gold, Silver, Bronze) powered by BaZing, Money Market accounts, Certificates of Deposit (7 days to 10 years), IRAs, Mastercard personal credit cards, and mortgage, home equity, and land loans (including agricultural and recreational acreage financing). Business offerings include Basic Business Checking, tiered Commercial Checking with balance-based fees, commercial term loans, commercial real estate loans, lines of credit, construction loans, and a business credit card with a $49 Preferred Points Rewards tier. Distribution combines three physical branches with extended drive-up hours, ATM access, 24-hour phone banking, and full digital self-service.

The revenue model is transaction-based and spread-based: primary income derives from net interest on loans (mortgages, land, commercial, consumer) and on deposit accounts (interest spread on CDs and money market), supplemented by account service fees (commercial checking $5-$7/month, $0.25 per excess check), credit card annual fees and interchange ($49/year on Preferred Points Rewards), and interchange/overdraft revenue. Customer segments are heavily retail and small-business, with agricultural and recreational land borrowers as a differentiated niche. The bank announced in 2024 an agreement to merge with Legend Bank, which remains the most material strategic event and would shift growth from organic to inorganic scale post-close.

Name

Graham Savings and Loan

Legal name

Graham Savings and Loan, SSB

Website

https://grahamsl.com

Company type

Private

Founded year

1934

Operating status

Operating

Headcount range

1–10 employees

Short description

Graham Savings and Loan is a Texas state-chartered community savings bank founded in 1934, operating three branches across Graham, Breckenridge, and Possum Kingdom to provide personal and small-business deposit, lending, and digital banking services to local families, businesses, and agricultural land borrowers.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Savings Institutions and Other Depository Credit Intermediation (522180), Depository Credit Intermediation (5221), Credit Card Issuing (52221)

SIC

Savings Institutions, Not Federally Chartered (6036), Personal Credit Institutions (6141)

akta.pro primary industry

Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB)

Keywords

• Community banking services
• Retail deposit accounts
• Consumer mortgage lending
• Small business banking
• Agricultural land loans

Headquarters

HQ city

Graham

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Loans: Primary revenue from interest earned on mortgage loans, home equity loans, land loans, commercial loans, and personal credit extended to customers
2. Commercial Checking Fees: Monthly service charges based on minimum balance tiers ($5-7/month), additional per-check fees for excess transactions
3. Credit Card Fees: Annual fees on Preferred Points Rewards cards ($49/year), interest charges on balances
4. Deposit Account Services: Fees from basic business checking, potentially overdraft fees, and other account service charges
5. Certificate of Deposit Interest Spread: Interest spread earned on CD products, rates quoted by phone or branch representatives

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Graham Savings and Loan is a community bank providing FDIC-insured personal and business banking products across three Texas branches. Personal offerings include Rewards Checking (powered by BaZing), Money Market, CDs, IRAs, residential mortgages, land loans, home equity loans, and Mastercard credit cards. Business offerings include Basic Business Checking, tiered Commercial Checking, commercial loans/lines of credit, and business credit cards. Banking is delivered through branches, web-based online banking, iOS/Android mobile apps with mobile deposit and card control, ATM network, and 24-hour telephone banking.

Product overview

Graham Savings and Loan is a community bank offering a comprehensive suite of personal and business banking products through multiple delivery channels including branch locations, online banking, and mobile applications. The personal banking portfolio centers on deposit products (Rewards Checking with tiered Platinum/Gold/Silver/Bronze benefits powered by BaZing, Money Market accounts, Certificates of Deposit, and Individual Retirement Accounts) and lending products (home and construction loans, land loans, home equity loans, and personal credit cards through Mastercard). Business banking includes Basic Business Checking, Commercial Checking, business loans, and business credit cards. Digital banking is provided through a web-based Online Banking platform and native iOS/Android Mobile Banking App offering features such as Card Control, Mobile Deposit, Person-to-Person Payments, Bill Pay, and Customer Alerts. The bank also provides supplementary tools including financial calculators, a Switch Kit for account migration, and MX Money Management for account aggregation. Services are delivered across three Texas branch locations in Graham, Breckenridge, and Possum Kingdom.

Differentiator

Problem solved

Functional benefit

Products and services

• Rewards Checking Accounts Tiered personal checking accounts (Platinum, Gold, Silver, Bronze) offering varying levels of benefits including anywhere banking tools, accidental death & dismemberment coverage, prescription/vision discounts, cell phone protection up to $600, roadside assistance, ID theft protection, credit monitoring, buyer protection up to $2,500, Billshark bill negotiation, and BaZing app access (Platinum and Gold tiers). Targeted at consumers seeking a rewards-enhanced everyday checking relationship.
• Certificate of Deposit (CD) FDIC-insured time deposit accounts offering fixed interest rates with multiple maturity terms — short-term CDs (7 days to 12 months), medium-term CDs (1 to 2 years), and long-term CDs (2 to 10 years), with daily specials available. Rates quoted by branch or phone representative.
• Individual Retirement Account (IRA) Tax-advantaged retirement savings accounts offering tax-deductible contributions and tax-deferred growth, with traditional IRA options available with various contribution limits based on income and age.
• Money Market Accounts Interest-bearing deposit accounts offering competitive rates with limited check-writing access, available as standard Money Market and Super Money Market tiers for personal customers.
• Personal Credit Cards Two Mastercard-issued options: a Low Rate card with no annual fee and competitive APR, and a World/Preferred Points Rewards card earning one point per dollar spent (up to 10,000 points monthly) redeemable for cash-back, gift cards, travel, and merchandise.
• Home & Construction Loans Residential mortgage loans including conventional fixed-rate loans and adjustable-rate mortgages (ARMs) for home purchases and construction financing, underwritten by NMLS-registered loan originators (Institution ID 412436).
• Land Loans Financing for agricultural and recreational land purchases ranging from small acreage to large ranch properties (30 acres to 10,000+ acres), with both purchase and refinance options available for Texas properties.
• Home Equity Loans Loans secured by the borrower's home equity allowing customers to borrow against the value of their property for various financial needs.
• Basic Business Checking Non-interest bearing business checking account with no monthly service charge, free unlimited check processing, $100 minimum opening balance, and e-statements only — targeted at small businesses with modest transaction volumes.
• Commercial Checking Business checking account with tiered fee structure based on minimum daily balance: $1,500+ waives monthly fee and provides unlimited free checks; $1,000–$1,499 = $5/month with 50 free checks; $500–$999 = $6/month with 50 free checks; under $499 = $7/month with 50 free checks; $0.25 per check over 50 (waived if balance ≥ $1,500). Minimum opening deposit $100.
• Business Loans Comprehensive business lending including commercial term loans, commercial real estate loans, secured commercial lines of credit, and commercial construction loans for owner-occupied properties.
• Business Credit Card Mastercard-issued business credit card with two options: a Standard card with no annual fee and a Preferred Points Rewards card ($49 annual fee) earning one point per dollar spent up to 10,000 points monthly, redeemable for rewards; individual billing only.
• Business Online Banking Comprehensive business banking platform with sub-user access controls, balance monitoring across multiple institutions, budget setup, fund transfers, loan payments, automated bill pay, and check tracking with image printing.
• Mobile Banking App Feature-rich mobile banking application for iOS and Android providing account balance access, transaction history, internal fund transfers, mobile check deposits, bill pay, person-to-person payments, card control features (enable/disable, spending limits), and real-time debit card activity monitoring.
• Online Banking Web-based banking platform offering free account access, balance checking, transaction history viewing, internal fund transfers, automatic bill pay setup, account alerts, loan payment submission, stop payments, and person-to-person email payments.

Quantifiable outcome

• BaZing rewards program offers Cell Phone Protection up to $600 claim, Buyer Protection and Extended Warranty up to $2,500, and Billshark bill negotiation service

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

Partnerships

Five partnerships are on record, tiered core.

• Legend BankcoreStrategic or Co-development Partner · 1 January 2024Merger agreement announced in 2024 for Graham Savings & Loan to merge with Legend Bank. Combined entity will build on generations of community banking with shared values, small-town roots, and continued commitment to customers and communities.
• BaZing (Rewards Program Provider)coreTechnology or IntegrationPowered rewards checking accounts with BaZing benefits including cell phone protection, roadside assistance, ID theft protection, credit monitoring, buyer protection, extended warranty, and Billshark bill negotiation service.
• FDIC (Federal Deposit Insurance Corporation)coreOthersGraham Savings is FDIC insured, providing deposit insurance protection to customers. FDIC badge displayed on website indicating federal deposit insurance coverage.
• MastercardcoreTechnology or IntegrationCredit cards issued through Mastercard network, providing rental car collision damage waiver protection and other Mastercard benefits to cardholders.
• Department of Savings and Mortgage Lending (Texas)coreOthersGraham Savings & Loan, SSB is chartered under Texas state law and subject to regulatory oversight by the Department of Savings and Mortgage Lending.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Legend Bank: Bowie, Texas-based community bank announced in 2024 as the acquirer of Graham Savings; operates a comparable small-town Texas branch model with personal and business banking products. The most direct comparable given the active merger relationship.
• Citizens National Bank: Texas-based community bank delivering personal and commercial banking services through a regional branch network. Comparable size, product breadth and rural-Texas customer orientation.
• Independent Bank Group: Texas-focused community bank holding company operating multiple community bank charters across the state with consumer and commercial banking. Comparable in geographic focus, though larger in scale.
• First National Bank of Dublin: Small Texas community bank in a comparable rural Texas town offering personal and agricultural lending. Closely analogous in scale and rural-Texas community banking model.
• First United Bank: Texas and Oklahoma community bank with full-service personal and commercial banking, including ag lending. Closely mirrors Graham Savings' customer mix, branch-led model and rural Texas footprint.
• First Bank Texas (formerly Happy State Bank): Texas Panhandle community bank serving small towns with personal, business and agricultural banking. Overlaps directly with Graham Savings' small-town retail/community banking proposition in Texas.

Broad incumbents

• PlainsCapital Bank: Dallas-based Texas commercial bank with a wider branch network and more corporate/commercial focus. Broader incumbent that overlaps with Graham Savings' commercial checking and business lending offering but at materially larger scale.
• Texas Capital Bank: Texas-headquartered commercial bank serving businesses and affluent consumers across major Texas metros. Larger incumbent competing for some of Graham Savings' small-business and high-net-worth deposit relationships.
• Comerica Bank: Dallas-headquartered regional bank serving Texas businesses and consumers with full banking capabilities. Major Texas incumbent competing for middle-market commercial relationships adjacent to Graham Savings' business banking line.
• IBC Bank (International Bancshares Corporation): Texas-based community and commercial banking franchise with branches across Texas. Larger incumbent with overlap in consumer, small business and agricultural lending categories.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Graham Savings and Loan