Adams State Bank
- Company typePrivate
- Founded1918
- HeadquartersAdams, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Adams State Bank does
Adams State Bank is a privately held, FDIC-insured community bank headquartered at 649 Main Street, Adams, Nebraska, founded in 1918 by Henry Gramann Sr. and Chris Hennies and continuously operated by the Gramann family for five generations. As of December 31, 2025, the bank reported total assets of $69.569 million, total deposits of $50.681 million, loans and leases (net of allowance) of $50.985 million, and total equity capital of $10.808 million. It serves individual consumers, agricultural producers, small businesses, and elementary students across Adams and the surrounding Gage County / southeastern Nebraska communities (Sterling, Beatrice, Firth, Cortland, Lincoln) from a single physical branch and a school-based Bank in School branch at Freeman Public School opened in 2018.
The bank's product set is organized around three traditional banking pillars: deposit accounts (checking, savings, money market, certificates of deposit with terms from 3 to 48 months, IRAs, HSAs); lending (consumer, mortgage, commercial, and agricultural); and payment cards (Visa debit cards with EMV chip and tap-to-pay, plus Visa/Mastercard credit cards issued through Elan Financial Services). The technology stack is conventional and outsourced: a ProfitStars/TeleWeb core banking platform powering the ASB mobile and online banking apps with remote deposit capture, e-statements, and One Click Bill Pay; FIS Card Suite Lite for debit card controls; Apple, Samsung, and Google Pay tokenization; MoneyPass for surcharge-free ATM access; and a third-party fraud-monitoring service for real-time debit card protection. There is no proprietary API, no in-house AI/ML, and no developer-facing integrations beyond export to Quicken and QuickBooks.
Revenue is generated primarily through net interest income on the loan portfolio (consumer, mortgage, commercial, agricultural) and securities book, supplemented by deposit service charges (including a $3.00 monthly paper-statement fee), debit and credit card interchange/referral income, and overdraft and ancillary fees. The bank also derives non-banking revenue through affiliated Gramann family entities (Gramann Insurance Agency, Gramann Real Estate, Stor 4 Less) sharing the same headquarters address. Go-to-market is direct-to-consumer via the physical branch, drive-thru, online and mobile channels, telephone support, plus community sponsorships and a Facebook/Instagram presence. FDIC insurance up to $250,000, Equal Housing Lender status, and USA PATRIOT Act compliance provide standard regulatory framing; no regulatory actions or enforcement events are disclosed.
Adams State Bank firmographics
Firmographics- Name
- Adams State Bank
- Legal name
- Adams State Bank
- Website
- https://adamsstate.com
- Company type
- Private
- Founded year
- 1918
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Adams State Bank industry classification
Industry- Product category
- Retail Banking
- NAICS
- Depository Credit Intermediation (5221)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
Keywords
Where Adams State Bank is headquartered
LocationHeadquarters
- HQ city
- Adams
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Adams State Bank business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Interest Income from Loans: Adams State Bank generates revenue primarily through interest earned on loans including consumer loans, mortgage loans, commercial loans, and agricultural loans. As of December 31, 2025, loans and leases held for investment (net of allowance) totaled $50,985 (in thousands).
- Deposits: The bank accepts deposits from customers including checking accounts, savings accounts, certificates of deposit, IRAs, and money market accounts. Total deposits as of December 31, 2025 were $50,681 (in thousands). Interest paid on deposits represents a major expense.
- Banking Service Fees: The bank generates fee income from various services including debit card transactions, wire transfers, overdraft protection (if applicable), paper statement fees ($3.00 monthly for customers who opt out of e-statements), and other account service charges.
- Credit Card Income: Credit cards are issued through a partnership with Elan Financial Services, with the bank earning referral or licensing income from the card program.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Quarterly | 3-Month CD: 0.75% APY, $1,000 minimum |
| Subscription | Quarterly | 6-Month CD: 3.50% APY, $1,000 minimum |
| Subscription | Quarterly | 9-Month CD: 3.60% APY, $1,000 minimum |
| Subscription | Quarterly | 12-Month CD: 3.65% APY, $1,000 minimum |
| Subscription | Quarterly | 14-Month CD: 3.40% APY, $1,000 minimum |
| Subscription | Quarterly | 15-Month CD: 3.40% APY, $1,000 minimum |
| Subscription | Quarterly | 18-Month CD: 3.40% APY, $1,000 minimum |
| Subscription | Quarterly | 24-Month CD: 3.40% APY, $1,000 minimum |
| Subscription | Quarterly | 30-Month CD: 3.40% APY, $1,000 minimum |
| Subscription | Quarterly | 36-Month CD: 3.25% APY, $1,000 minimum |
| Subscription | Quarterly | 42-Month CD: 3.25% APY, $1,000 minimum |
| Subscription | Quarterly | 48-Month CD: 3.25% APY, $1,000 minimum |
| Subscription | Quarterly | Savings Account: 0.50% APY, $25.00 minimum |
| Subscription | Quarterly | Super Now Account: 0.60% APY over $5,000, 0.50% APY under $5,000 |
| Subscription | Quarterly | NOW Account: 0.50% APY over $1,000, 0.25% APY under $1,000 |
| Subscription | Monthly | Money Market: 0.60% APY over $2,500, 0.25% APY under $2,500 |
| Subscription | Monthly | Student Checking: 0.50% APY, $50 minimum |
| Subscription | Monthly | Traditional IRA: 2.90% APY |
| Subscription | Monthly | Roth IRA: 2.90% APY |
| Subscription | Quarterly | HSA: 0.50% APY under $5,000, 1.00% APY over $5,000 |
| Freemium | Monthly | Online Banking: Free |
| Freemium | Pay-as-you-go | Bill Pay: Free with conditions |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels5 records
Adams State Bank product offering
Product offeringCore offering
Adams State Bank is a community bank offering deposit products (checking, savings, CDs, IRAs, HSAs), lending products (consumer, mortgage, commercial, and agricultural loans), and payment cards (Visa debit and credit cards). The bank serves individuals, families, farmers, and small businesses in Adams and southeastern Nebraska through a physical branch, online and mobile banking platforms, and community-focused educational programs.
Product overview
Adams State Bank is a five-generation family-owned community bank founded in 1918 in Adams, Nebraska. The bank operates as a single-location institution offering a unified portfolio of traditional banking products organized around three core pillars: deposit accounts (checking, savings, CDs, IRAs, HSAs), lending (consumer, mortgage, commercial, and agricultural loans), and payment cards (Visa debit and credit cards). Digital banking access is provided through Mobile & Online Banking with features including remote deposit capture and One Click Bill Pay. The bank also offers related financial services through affiliated sub-brands: Gramann Insurance Agency for insurance products, Gramann Real Estate for property sales, and Stor 4 Less for storage units. Debit card management is enhanced through Card Suite Lite mobile app and SecureLock fraud protection. A unique community program, Bank in School, provides elementary students hands-on banking experience at Freeman Public School.
Differentiator
Problem solved
Functional benefit
Companies that use Adams State Bank
Customer profileSegments4 records
Ideal customer profiles4 records
Adams State Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
Feature8 records
Adams State Bank partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- Freeman FBLAcoreIn 2018, Adams State Bank partnered with Freeman FBLA to open an educational bank branch (Bank in School) at Freeman Public School. FBLA students are hired and trained as bank tellers to operate the branch, which serves elementary students with savings accounts. This partnership provides financial literacy education and early banking relationships while supporting FBLA student development.
- Gramann Insurance AgencyminorFamily-owned and operated insurance company affiliated with Adams State Bank. Delivers insurance solutions including auto, home, farm, commercial, life, and crop insurance coverage to individuals and businesses in Nebraska. Located at the same address as Adams State Bank. Marketed as a separate entity but affiliated through common ownership.
- Gramann Real EstateminorReal estate company affiliated with Adams State Bank, operating since 1918. Sells residential, agricultural, and commercial property in the Adams area. Licensed to sell real estate in Nebraska. Staffed by Karl W. Gramann (Real Estate Broker), Henry C. Gramann (Salesperson), and Jenny L. Lempka (Salesperson). Located at 649 Main St., Adams, NE.
- Stor 4 LessminorStorage unit facility in Adams, Nebraska affiliated with Adams State Bank. Offers storage units of various sizes (5x10 to 15x60) for boats, vehicles, and seasonal items. Located in Adams, NE. Contact Chris at the bank's main number.
- Elan Financial ServicescoreElan Financial Services is the creditor and issuer of Adams State Bank's Visa and Mastercard credit cards pursuant to licensing agreements. Elan provides 24/7 cardmember service, zero fraud liability protection, mobile payment capability, and online expense reporting tools for business cards. Adams State Bank earns referral/licensing income from this partnership.
- Freeman Public Schools FoundationminorThe Falcon Card debit card program directly benefits the Freeman Public Schools Foundation. A portion of spending on these cards supports the local school foundation, creating a community-giving banking product.
- Fraud Protection Service ProvidercoreIndustry-leading fraud detection partner providing real-time debit card protection. Experienced fraud analysts work around the clock watching for suspicious card activity and contact customers immediately if potential fraud is detected. The service can decline high-risk transactions at point of authorization before customers are contacted.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Adams State Bank competitors and assessment
Company assessmentOthers
- Jack Henry & Associates: Core banking technology and digital banking platform provider widely used by U.S. community banks. Comparable as an enabling infrastructure provider serving the same community banking segment Adams State Bank operates in.
- FIS: Major provider of core banking, card, and digital banking technology, including the Card Suite Lite mobile app used by Adams State Bank. Comparable as an enabling technology vendor supporting the bank's digital capabilities and infrastructure.
Broad incumbents
- First National Bank of Omaha: Larger Nebraska-based commercial bank with full consumer, agricultural, and commercial banking capabilities statewide. Comparable as a broad incumbent operating in the same Nebraska market with overlapping deposit and lending products, but at materially greater scale.
- First Interstate BancSystem: Multi-state community banking franchise across the Western and Midwestern United States. Comparable as a broad incumbent community bank competitor with similar deposit and small-business lending offerings in adjacent Midwest markets.
- Great Western Bank: Regional community bank with multi-state Midwest presence including Nebraska branches. Comparable as a broad incumbent offering similar community-bank products in overlapping Nebraska geography, but with substantially larger scale and broader branch network.
- Heartland Financial USA: Multi-state community banking holding company operating community banks across the Midwest and West. Comparable as a broad incumbent operating community banks with consumer, mortgage, and agricultural lending in similar rural geographies.
Emerging players
- Marcus by Goldman Sachs: Digital consumer banking and lending platform from Goldman Sachs offering high-yield savings and personal loans online. Comparable as an emerging digital competitor that can attract savings deposits from rural customers regardless of geography through superior rate offerings.
- Chime: Digital-first consumer banking platform offering fee-free checking, savings, and early wage access. Comparable as an emerging player competing for consumer deposit and transaction accounts, particularly with younger rural customers who may bypass community banks.
Direct peers
- Pinnacle Bank: Nebraska-headquartered community and regional bank with a similar full-service deposit and lending product set serving small-town and agricultural customers across the state. Comparable as a Nebraska community bank competitor with overlapping consumer and agricultural lending focus, though at larger scale than Adams State Bank.
- Union Bank & Trust: Lincoln, Nebraska-based community bank offering checking, savings, mortgage, and consumer lending products. Comparable as a Nebraska community bank with similar service model, target customer segments, and deposit/lending mix.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Adams State Bank social profiles
Digital presenceAdams State Bank compliance and trust
Trust signalCompliance3 records
Adams State Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Adams State Bank leadership team
Management profileNumber of profiles
Profiles11 records
Adams State Bank subsidiaries and ownership
Company hierarchySubsidiaries3 records
Adams State Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Adams State 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 Adams State Bank
What does Adams State Bank do?
Adams State Bank is a community bank offering deposit products (checking, savings, CDs, IRAs, HSAs), lending products (consumer, mortgage, commercial, and agricultural loans), and payment cards (Visa debit and credit cards). The bank serves individuals, families, farmers, and small businesses in Adams and southeastern Nebraska through a physical branch, online and mobile banking platforms, and community-focused educational programs.
Is Adams State Bank a public or private company?
Adams State Bank is a private company. It is classified as family owned and is currently operating.
When was Adams State Bank founded?
Adams State Bank was founded in 1918. It employs 1 to 10 people.
Where is Adams State Bank based?
Adams State Bank is headquartered in Adams, United States, in the North America region.
How does Adams State Bank make money?
Four revenue lines are on record. Interest Income from Loans are the primary driver. The others are deposits, banking Service Fees and credit Card Income.
Who are Adams State Bank's main competitors?
Others on record are Jack Henry & Associates and FIS. Broad incumbents are First National Bank of Omaha, First Interstate BancSystem, Great Western Bank and Heartland Financial USA. Emerging players are Marcus by Goldman Sachs and Chime. Direct peers are Pinnacle Bank and Union Bank & Trust.
Does Adams State Bank have an API?
No public API is recorded for Adams State Bank.
What industry is Adams State Bank in?
Adams State Bank's product category is Retail Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 5221 and its SIC code is 6022.