Resource Bank
Resource Bank is an FDIC-insured Louisiana community bank operating eight branches across southeastern Louisiana, offering consumer and commercial checking, savings, lending, credit cards, and digital banking to individuals and small businesses.
- Company typePrivate
- Founded1998
- HeadquartersCovington, United States
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Resource Bank does
Resource Bank is an FDIC-insured community bank founded in 1998, headquartered in Covington, Louisiana, with eight physical branches across southeastern Louisiana spanning Baton Rouge, Bogalusa, Covington, Franklinton, Mandeville, Metairie, New Orleans, and Slidell. The bank serves individual retail consumers and small-to-mid-sized businesses through a horizontal product segmentation, offering checking and savings accounts (personal and business), certificates of deposit including CDARS for expanded FDIC coverage, EMV debit cards, Mastercard-branded personal and business credit cards, personal and commercial loans, HSAs, and IRAs. NMLS# 641311, Routing# 065405242, and Equal Housing Lender status situate it within the standard federal regulatory perimeter for U.S. community banks.
The bank's technology architecture is assembled entirely from third-party white-label platforms rather than proprietary systems: FundsXpress powers the online and mobile banking login and authentication flows, Apiture handles new-account enrollment and disclosures, LoanSpq drives online account opening and loan applications, US Remote Deposit (RPM) provides remote check-deposit capture for commercial clients, RemitLockbox provides inbound payment-processing and lockbox services, and The Card Services Center plus 24-7 Card Access deliver credit card application processing and self-service card management. Digital distribution is completed by native iOS and Android applications and a web portal, with email marketing executed through Constant Contact.
Revenue is generated from a traditional community-bank stack: net interest income from personal, commercial, and credit-card lending; transaction fees on deposits, wires, and ancillary services; commercial banking fees from cash management, merchant services, and business credit cards; and recurring revenue from CDs, CDARS, HSAs, and IRAs. Customer acquisition runs through the eight-branch physical network plus direct digital channels, with organic social presence on Facebook (@BankOnResource) and LinkedIn. Pricing, rates, and fees are not publicly disclosed and vary by account tier and relationship. No revenue, headcount, ownership, or financial-statement figures are available in the source material.
Resource Bank firmographics
Firmographics- Name
- Resource Bank
- Legal name
- Resource Bank
- Website
- https://resource.bank
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Resource Bank is an FDIC-insured Louisiana community bank operating eight branches across southeastern Louisiana, offering consumer and commercial checking, savings, lending, credit cards, and digital banking to individuals and small businesses.
- Ownership category
- akta.pro rank
Resource Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Depository Credit Intermediation (5221), Commercial Banking (52211)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)
- akta.pro secondary industries
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)
Keywords
Where Resource Bank is headquartered
LocationHeadquarters
- HQ city
- Covington
- HQ country
- United States
- HQ region
- North America
Offices8 records
Markets served
Resource 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, Others
Revenue model
- Interest Income from Lending: Revenue generated from interest on personal loans, commercial loans, and credit cards. Includes both fixed-rate and variable-rate lending products.
- Deposit Account Fees and Services: Fees from checking accounts, savings accounts, wire transfers, and other deposit-related services.
- Commercial Banking Services: Cash management services, merchant services, business credit cards, and commercial lending products for business customers.
- Investment Products: Revenue from CDs, CDARS deposits, Health Savings Accounts, and retirement accounts (IRAs).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Personal and Business Checking/Savings accounts with variable features |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Resource Bank product offering
Product offeringCore offering
Resource Bank is a Louisiana-based community bank that provides personal and business banking products including checking and savings accounts, certificates of deposit (including CDARS), personal and commercial loans, HSA and IRA retirement accounts, Mastercard debit and credit cards, and cash management services. Customers access banking via eight physical branches across southeastern Louisiana, a web-based online banking portal, native iOS and Android mobile apps, automated telephone banking, and nationwide fee-free ATM access.
Product overview
Resource Bank is a regional community bank offering a unified portfolio of consumer and commercial banking products. The core offering consists of personal and business checking and savings accounts, CDs (including CDARS for expanded FDIC coverage), debit and credit cards (Mastercard branded), and personal and commercial loan products. Digital banking services including online, mobile, and telephone banking serve as the primary channel for account management. Commercial clients access specialized services including cash management with remote deposit capture, merchant services, and wire transfers. The bank operates physical branch locations in the Louisiana Gulf Coast region (Baton Rouge, Bogalusa, Covington, Franklinton, Mandeville, Metairie, New Orleans, Slidell) while offering nationwide fee-free ATM access.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Checking Personal checking accounts with various features and fee structures; customers can compare options to find an account that suits their needs.
- Personal Savings Personal savings accounts designed to help customers grow their deposits.
- Business Checking Business checking accounts with features tailored for commercial clients, including compare-checking options.
- Business Savings Business savings accounts with features to help businesses manage cash flow and grow reserves.
- CDs and CDARS Certificate of Deposit products including CDARS (Certificate of Deposit Account Registry Service) for expanded FDIC insurance coverage across multiple member banks.
- Debit Cards (RB Debit EMV) EMV-enabled debit cards for everyday transactions at ATMs and point-of-sale terminals, including gas, groceries, coffee, and dining purchases.
- Personal Credit Cards (Mastercard) Personal Mastercard credit cards offering Payback or Travel Rewards programs with sweepstakes access.
- Business Credit Cards (Mastercard) Business Mastercard credit cards with rewards programs tailored for commercial spending needs.
- Commercial Loans Commercial lending products for businesses, including term loans and lines of credit for growth and operations.
- Personal Loans Personal loan products for individual borrowing needs including home improvement, debt consolidation, and other personal expenses.
- Health Savings Accounts (HSA) Tax-advantaged health savings accounts for individuals with high-deductible health plans to save and pay for qualified medical expenses.
- Retirement Accounts (IRAs) Individual Retirement Accounts (IRAs) including traditional and Roth options for retirement savings with tax advantages.
- Online Banking Internet banking platform providing account access, transfers, bill pay, and transaction history through web browsers.
- Mobile Banking Mobile banking application available on iOS and Android devices for account management on-the-go.
- Telephone Banking (Voice-24) Automated telephone banking service allowing account access and transactions via phone.
- Cash Management Business cash management services including RPM Deposit Capture for remote check deposit, with tools to optimize business cash flow.
- Merchant Services Payment processing and merchant services for business clients to accept card payments from customers.
- Wire Transfers Domestic and international wire transfer services for personal and business clients.
Companies that use Resource Bank
Customer profileSegments2 records
Ideal customer profiles2 records
Resource Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration10 records
Feature4 records
Resource Bank partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- ApiturecoreApiture provides the online banking platform infrastructure for Resource Bank, including the enrollment system for new online banking customers. The gateway.apiture.com domain is used for disclosure pages and enrollment flows.
- FundsXpresscoreFundsXpress powers the online banking login portal (rbml.secure.fundsxpress.com) and password reset functionality for Resource Bank customers.
- LOANSPQcoreLOANSPQ provides the online account opening application platform for Resource Bank, enabling new customers to apply for accounts digitally.
- The Card Services CentercoreThe Card Services Center processes credit card applications for both personal and business Mastercard credit cards offered by Resource Bank.
- US Remote Deposit (RPM)coreRPM provides remote deposit capture services allowing business customers to make check deposits electronically through the online banking platform.
- Constant ContactminorProvides email marketing automation platform for Resource Bank's newsletter communications and customer outreach.
- CDARS (Certificate of Deposit Account Registry Service)coreCDARS enables Resource Bank to offer customers expanded FDIC coverage by placing deposits across multiple member banks, with deposits working as a reciprocal arrangement.
- MastercardcoreMastercard provides the payment network for Resource Bank's credit and debit card products, including the Priceless Surprises promotional program.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
Resource Bank competitors and assessment
Company assessmentBroad incumbents
- Hancock Whitney Corporation: Large regional bank headquartered on the Mississippi Gulf Coast with deep Louisiana and Gulf Coast retail and commercial banking presence; directly competes with Resource Bank in the same southeastern Louisiana metros but at materially greater scale.
- First Horizon Bank: Large regional bank with Louisiana operations offering consumer and commercial banking at a much larger scale; a relevant incumbent competitor for both retail deposits and commercial lending relationships.
- JPMorgan Chase (Louisiana retail): National money-center bank with significant retail and commercial presence in Louisiana's largest metros including New Orleans and Baton Rouge; competes aggressively on deposit pricing, digital experience, and product breadth.
Direct peers
- Red River Bank: Louisiana community bank headquartered in Alexandria with branch presence across the state including the Baton Rouge market; competes for the same personal and small-business deposit and loan customers as Resource Bank.
- Investar Holding Corporation (Investar Bank): Louisiana-based community bank with branches across Baton Rouge, New Orleans, Lafayette, and surrounding markets; comparable in size and product breadth with full personal and business banking services.
- b1BANK (Business First Bancshares): Louisiana-headquartered community bank with strong commercial banking focus across the Baton Rouge and surrounding markets; competes directly with Resource Bank's commercial lending, cash management, and business deposit franchise.
- Home Bancorp (Home Bank): Louisiana-chartered community bank offering consumer and commercial banking across the Baton Rouge, New Orleans, and North Shore markets; near-direct competitor with overlapping branches and similar SMB-focused product set.
Regional players
- MidSouth Bancorp: Louisiana-based community bank holding company focused on the Acadiana and central Louisiana markets with personal and commercial banking products overlapping Resource Bank's offerings.
- Citizens National Bank (CNB): Independent community bank with branches across Louisiana including the North Shore and southeast markets; closely comparable community banking peer competing for similar retail and small-business customers.
Emerging players
- Blue Foundry Bank: Digital-forward community bank demonstrating the embedded-fintech operating model (white-labeled core, mobile-first) that Resource Bank also uses; useful comparable for evaluating the cost structure and growth ceiling of a partner-stack community bank.
Market position
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Resource Bank social profiles
Digital presenceResource Bank compliance and trust
Trust signalCompliance3 records
Resource Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Resource Bank leadership team
Management profileNumber of profiles
Resource Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Resource Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Resource Bank
What does Resource Bank do?
Resource Bank is a Louisiana-based community bank that provides personal and business banking products including checking and savings accounts, certificates of deposit (including CDARS), personal and commercial loans, HSA and IRA retirement accounts, Mastercard debit and credit cards, and cash management services. Customers access banking via eight physical branches across southeastern Louisiana, a web-based online banking portal, native iOS and Android mobile apps, automated telephone banking, and nationwide fee-free ATM access.
Is Resource Bank a public or private company?
Resource Bank is a private company. It is classified as unknown and is currently operating.
When was Resource Bank founded?
Resource Bank was founded in 1998. It employs 51 to 100 people.
Where is Resource Bank based?
Resource Bank is headquartered in Covington, United States, in the North America region.
How does Resource Bank make money?
Four revenue lines are on record. Interest Income from Lending is the primary driver. The others are deposit Account Fees and Services, commercial Banking Services and investment Products.
Who are Resource Bank's main competitors?
Broad incumbents on record are Hancock Whitney Corporation, First Horizon Bank and JPMorgan Chase (Louisiana retail). Direct peers are Red River Bank, Investar Holding Corporation (Investar Bank), b1BANK (Business First Bancshares) and Home Bancorp (Home Bank). Regional players are MidSouth Bancorp and Citizens National Bank (CNB). Blue Foundry Bank is listed as an emerging player.
Does Resource Bank have an API?
No public API is recorded for Resource Bank.
What industry is Resource Bank in?
Resource Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAAAE, Branch & In-Person Banking (Teller/ATM Networks), with a secondary code of FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 5221 and its SIC code is 6022.