Stockgrowers State Bank

What Stockgrowers State Bank does

Stockgrowers State Bank is a privately held, state-chartered community bank founded in 1906 in Maple Hill, Kansas, and headquartered at 225 Main Street. The bank operates four branch locations across Wabaunsee County (Maple Hill, Paxico, Alma, and Silver Lake) and serves individuals, families, agricultural producers, small businesses, and clubs and organizations in Northeast Kansas. Its primary customer segments are agricultural producers (equipment financing, operating lines, ag real estate), individual consumers and homebuyers (mortgages, auto, recreational, personal loans), and small business owners (business checking, commercial loans, merchant services).

The bank's product set spans personal and business banking, including tiered checking accounts (Freedom, Silver, Gold for personal; Standard and Platinum for business), savings, IRAs, CDs, home loans (Fixed-Rate, ARM, VA, FHA, USDA, construction), agricultural and business loans, Visa credit cards, MasterCard debit cards, and complementary digital services. Technology infrastructure includes a mobile banking app for iOS and Android, mobile deposit with $2,500 per-deposit limits, online banking, eStatements, remote deposit capture (Corporate Capture 21), ACH origination, SSL encryption, and merchant payment processing delivered through a partnership with Bankers' Bank of Kansas. The website is powered by DCI (Data Center Inc.), a standard community banking core provider.

Stockgrowers State Bank generates revenue primarily through net interest income on its loan portfolio (agricultural, home, personal, auto, recreational, and commercial), supplemented by deposit account fees, transaction fees (overdraft, wires, stop payments, safe deposit box rentals, notary), merchant payment processing revenue, and credit card interchange and interest income. The bank's go-to-market is community-led, relying on local decision-making, word-of-mouth referrals, employee civic involvement, and a modest digital presence including Facebook and financial calculators. With 11-50 employees and 118+ years of continuous operation under local ownership, the bank is a stable, traditional community bank with no external investors, no subsidiaries, and no disclosed expansion activity since 2017.

Name

Stockgrowers State Bank

Legal name

Stockgrowers State Bank

Website

https://stockgrowers.biz

Company type

Private

Founded year

1906

Operating status

Operating

Headcount range

11–50 employees

Short description

Stockgrowers State Bank is a privately held Kansas community bank founded in 1906, operating four branches in Wabaunsee County to serve agricultural producers, individuals, small businesses, and local organizations with deposit, lending, and merchant banking services.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI)

akta.pro secondary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

Keywords

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

Headquarters

HQ city

Maple Hill

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. Interest Income: The bank generates revenue primarily through interest earned on loans including agricultural loans, home loans, personal loans, auto loans, recreational loans, and business/commercial loans. Interest rates on variable rate loans adjust periodically based on market rates.
2. Fee Income: Various service fees including overdraft charges ($30.00 per item), wire fees ($30.00 domestic, $30.00 plus cost international), safe deposit box rental fees ($20-$100 annually), notary services ($5.00 for non-customers), stop payment fees ($25.00), money orders ($3.00), cashier's checks ($5.00), and research fees ($30.00 per hour).
3. Deposit Account Fees: Maintenance and service fees on checking and savings accounts. Monthly maintenance fees range from $0 to $10.95 depending on account type, with average daily balance requirements to waive fees.
4. Merchant Payment Processing: Revenue from merchant payment systems through partnership with Bankers' Bank of Kansas, providing payment processing solutions including credit card processing, POS systems, and eCommerce solutions.
5. Credit Card Income: Income from credit card accounts including annual fees, interest charges on balances, and interchange fees on Visa credit card transactions.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels5 records

Core offering

Stockgrowers State Bank is a community bank that provides personal and business deposit accounts (checking, savings, CDs, IRAs), consumer and commercial loan products (agricultural, home, auto, recreational, personal, and business loans), Visa credit cards, MasterCard debit cards, and merchant payment processing. Its products are delivered through four branches in Wabaunsee County, Kansas, an online banking portal, a mobile banking app, an ATM network, and a Bankers' Bank of Kansas partnership for merchant services.

Product overview

Stockgrowers State Bank offers a comprehensive community banking platform with products organized into personal and business categories. Personal banking includes three tiers of checking accounts (Freedom, Silver, Gold), Freedom Savings with minor accounts and IRAs/CDs, home loans (fixed-rate, ARM, VA, FHA, USDA, construction), auto/recreational loans, and personal loans. Core digital services comprise Mobile Banking app (iOS/Android), Mobile Deposit with $2,500 per-deposit limits, Online Banking, and eStatements. Credit offerings include Visa credit cards (consumer/business) with EMV and contactless technology, and MasterCard debit cards. Business banking encompasses Standard and Platinum checking, business savings/CDs, Business Loans, Agricultural Loans (equipment, operating lines, real estate), Remote Deposit Capture (Corporate Capture 21), Merchant Payment Systems with PCI-compliant POS and eCommerce solutions, ACH origination, and Sweep Management. Additional services include safe deposit boxes, wire transfers, notary, and financial calculators. All products share common infrastructure including 128-bit SSL encryption, FDIC insurance up to $250,000, and access via unified online and mobile banking channels.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking (Freedom, Silver, Gold) Tiered personal checking accounts for individuals and households, ranging from a no-fee Freedom account to interest-bearing Gold, with debit card rewards on Silver and Gold tiers and online/mobile banking access.
• Personal Savings, IRAs, and CDs Interest-bearing personal savings, Individual Retirement Accounts (Traditional and Roth), and Certificates of Deposit for individual customers seeking to grow reserves and save for the future.
• Personal Loans (Auto, Recreational, Personal) Auto loans for vehicle financing, recreational loans for boats, ATVs, and RVs, and general-purpose personal loans for individual consumers.
• Home Loans Mortgage products for home purchases, refinancing, new construction, and investment properties, including government-backed (VA, FHA, USDA) and first-time home buyer options.
• Business Checking (Standard, Platinum) Business checking accounts in Standard and Platinum tiers for local small businesses, clubs, and organizations, with maintenance fees waivable based on average daily balance and the Platinum tier earning interest.
• Business Savings and CDs FDIC-insured business savings accounts and Certificates of Deposit for businesses and organizations to hold reserves and earn interest.
• Business Loans Operating loans for working capital and investment, plus commercial real estate loans for construction, relocation, or property purchases, targeted at local small businesses.
• Agricultural Loans Specialized agricultural financing including equipment loans, operating lines of credit, and ag real estate loans for land purchases, barn/garage construction, and row crop expansion, targeted at farmers and ranchers.
• Visa Credit Cards (Consumer and Business) EMV-chip Visa credit cards for both consumer and business cardholders, featuring Scorecard Rewards, contactless payment, auto rental insurance, and travel accident insurance.
• MasterCard Debit Cards MasterCard debit cards for consumer and business account holders, accepted wherever MasterCard debit is accepted, with mobile app block/unblock and instant branch issuance.
• Merchant Payment Systems Payment processing solutions for merchants, including countertop terminals, point-of-sale systems, mobile payments, eCommerce, and integrated software for churches, retail, restaurants, medical, salons, and eCommerce, delivered through a Bankers' Bank of Kansas partnership.
• Other Services (Safe Deposit Boxes, Wires, Notary, Money Orders, Cashier's Checks) Ancillary personal banking services including safe deposit boxes, domestic and international wire transfers, notary, money orders, cashier's checks, and account research services.

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Bankers' Bank of KansascoreTechnology or IntegrationStockgrowers partners with Bankers' Bank of Kansas to provide merchant payment solutions and payment-integrated software to business customers. Services include countertop terminals, point-of-sale systems, eCommerce solutions, next-day funding, 24/7 customer support, and PCI-compliant fraud prevention tools including EMV, tokenization, and encryption. The bank offers a 'Meet or Beat Pricing' guarantee where Bankers' Bank of Kansas will pay $500 if they cannot meet or beat the customer's current processor's effective rate.

Scale indicators4 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• First National Bank of Omaha: Privately held regional bank with community-banking products, ag lending expertise, and credit card programs that overlap with several of Stockgrowers' product lines.
• Capitol Federal Savings Bank: Topeka-based Kansas savings bank offering consumer deposit, mortgage, and banking services with significant community presence; comparable on Kansas retail banking but operates at much larger scale.
• Emprise Bank: Kansas-based community-oriented commercial bank with consumer, business, and ag lending, offering a directly comparable mix of products but across multiple Kansas markets.
• Intrust Bank: A larger Kansas-chartered bank headquartered in Wichita offering consumer, small business, and ag banking across the state; overlaps on community banking services but at significantly greater scale.
• Great Western Bank: Heartland-focused community bank (Sioux Falls) with consumer, small business, and ag lending across rural Midwest states; comparable community banking model at greater scale.
• Sunflower Bank, N.A. Regional Kansas-headquartered bank providing commercial, ag, and retail banking services; comparable product set and Kansas geography, but broader footprint and larger asset base.
• UMB Bank: Kansas City-headquartered super-regional bank with full consumer, small business, and ag banking capabilities; relevant as a larger Kansas-Missouri competitor for community-bank deposits and loans.

Direct peers

• Central National Bank: Kansas-based community bank (Junction City) with comparable consumer, business, and ag lending in surrounding Northeast Kansas counties; nearest geographic competitor to Stockgrowers' service area.
• Landmark National Bank: Kansas-based community bank with comparable consumer, small business, and ag lending in rural Kansas markets; directly comparable profile and footprint to Stockgrowers.
• Farmers & Drovers Bank: A long-standing Kansas community bank with a comparable agricultural and small business lending focus and multi-branch footprint in rural Kansas, mirroring Stockgrowers' position in Wabaunsee County.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/stockgrowers
• LinkedInlinkedin.com/company/stockgrowers-state-bank

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Stockgrowers State Bank