Bank of Hays

What Bank of Hays does

Bank of Hays is a privately held, FDIC-insured community bank headquartered in Hays, Kansas, operating a four-branch network across Western Kansas through Bank of Hays (main), Hanston State Bank, Farmers' State Bank of Jetmore, and Bank of Lewis. It serves individual consumers, small-to-medium businesses, agricultural borrowers, and first-time homebuyers with a full suite of traditional banking products: personal and business checking/savings, money market, CDs, IRAs, mortgages and HELOCs, vehicle and personal loans, commercial loans, and SBA 7(a)/504 and succession-planning lending. Revenue is generated primarily through net interest income on the loan portfolio, account service charges (waived with minimum balances), card transaction and interchange fees, and business banking service fees including ACH/wires, merchant services, lock box, and remote deposit.

The technology layer is a conventional community-bank stack: a Digital Insight-powered online banking platform, iOS and Android mobile apps with mobile deposit and text banking, Zelle for peer-to-peer transfers, Falcon-based debit-card fraud monitoring, and Money Management for budgeting and external account aggregation. Distribution is hybrid — relationship-led through four physical branches with drive-thru and 24-hour ATM access, supplemented by self-serve digital channels and a surcharge-free ATM network via InstaKEY Select. The bank partners with Bankers Bank of Wichita for commercial credit cards, Data Center Inc. for card processing and eStatement hosting, Mainstreet Inc. for check reordering, and MasterCard for debit card issuance (having transitioned from Visa in 2025).

The institution is independently owned with no disclosed institutional investor or parent company, and has no public funding events. Strategic posture is conservative community banking: local decision-making, an SBA-equipped commercial lending team, sustained community reinvestment (including a five-year, $62,000+ commitment to Fort Hays State University's Robbins Banking Institute), and incremental digital modernization rather than geographic or product-line expansion.

Name

Bank of Hays

Legal name

Bank of Hays

Website

https://bankofhays.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Bank of Hays is a privately held, FDIC-insured community bank in Western Kansas operating four branches (Hays, Hanston, Jetmore, Lewis) that provides personal and business checking, savings, mortgages, commercial and SBA loans, and digital banking to local consumers, small businesses, and agricultural borrowers.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221), Credit Intermediation and Related Activities (522)

SIC

Personal Credit Institutions (6141), Mortgage Bankers & Loan Correspondents (6162), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)

akta.pro secondary industry

Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL)

Keywords

• Community banking
• Retail banking services
• Commercial lending
• SBA loans
• Agricultural lending

Headquarters

HQ city

Hays

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income on Loans: Primary revenue from interest earned on personal and commercial loans including mortgages, HELOCs, vehicle loans, and SBA loans
2. Account Service Fees: Monthly service charges on checking and savings accounts, waived based on minimum balance requirements
3. Card Transaction Fees: Fees from debit and credit card transactions, including 1.7% foreign transaction fee on international purchases
4. Business Banking Fees: Fees for business checking, ACH/wire transfers, merchant services, lock box accounts, and payroll processing
5. Bill Pay Services: Online bill payment platform offered free with online banking enrollment

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Bank of Hays is a community bank offering personal and business deposit accounts (checking, savings, money market, CDs, IRAs), consumer and commercial loans (mortgages, HELOC, vehicle, SBA, agricultural, commercial), and digital banking services (online, mobile, text, Zelle, bill pay, eStatements). It operates four branches in Western Kansas under the Bank of Hays, Hanston State Bank, Farmers' State Bank of Jetmore, and Bank of Lewis brands, supported by FDIC-insured deposits.

Product overview

Bank of Hays is a regional community bank offering a comprehensive suite of traditional banking products and digital services. The core product portfolio includes personal and business checking accounts (Free Checking, Regular Checking, Club 50 Checking, Interest Checking NOW, Value Business Checking, Basic Business Checking, Business Interest Checking, Business NOW Checking), personal and business savings accounts (Regular Savings, Money Market Gold, Business Money Market Gold, Basic Business Savings), Certificates of Deposit, Individual Retirement Accounts, and lending products (Real Estate/Mortgage Loans, HELOC, Personal Loans, Vehicle/Boat Loans, Commercial Loans, SBA Loans). Digital services include Online Banking with Bill Pay, Mobile Banking with Mobile Deposit and Text Banking, eStatements, Money Management, Zelle peer-to-peer payments, Merchant Services (Remote Deposit, ACH Payroll, Card Processing), and Financial Calculators. The bank operates under a multi-brand structure with subsidiary banks including Hanston State Bank, Farmers' State Bank of Jetmore, and Bank of Lewis.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Accounts Suite of personal checking accounts including Free Checking (no monthly service charge with $100 minimum opening deposit and eStatement enrollment), Regular Checking ($5 monthly charge waivable with $500 minimum daily balance), Club 50 Checking for customers age 50+ (interest-bearing with $2,000 minimum daily balance and free cashier's checks), and Interest Checking NOW (interest-bearing with $1,500 minimum opening deposit).
• Personal Savings and Money Market Accounts

Quantifiable outcome

• Low closing costs compared to national mortgage lenders
• +1 more outcomes

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

Integration3 records

Feature7 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Fort Hays State UniversitycoreStrategic or Co-development Partner · 1 January 2021Bank of Hays, Hanston State Bank, Farmers State Bank of Jetmore, and Bank of Lewis committed to over $62,000 in scholarships and support for Fort Hays State University's new Robbins Banking Institute over five years. The institute serves the Kansas banking community by expanding the professional workforce through traditional and distance learning coursework.
• ZellecoreTechnology or IntegrationPartnership with Zelle for peer-to-peer money transfer services allowing customers to send and receive money using email addresses or U.S. mobile phone numbers directly from their Bank of Hays accounts within minutes.
• MasterCardcoreTechnology or IntegrationTransitioned from Visa to MasterCard for consumer and business debit cards, providing wider range of benefits including 24-hour banking, paperless checking, and cash advances at MasterCard merchants worldwide.
• Bankers Bank of WichitaminorChannel Partner/ Reseller/ DistributorReferral partnership for commercial credit cards issued through Bankers Bank of Wichita for business customers needing credit card solutions.
• Data Center Inc.coreTechnology or IntegrationProcessing partner for after-hours lost/stolen debit card reporting (1-877-226-2351) and eStatement hosting portal (portal.datacenterinc.com). Also provides card processing infrastructure.
• FDICcoreOthersFederal Deposit Insurance Corporation provides deposit insurance up to $250,000 per depositor, backed by the full faith and credit of the U.S. Government.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Equity Bank: Kansas-headquartered community bank with broad branch presence and SBA lending specialty. Comparable as a Kansas community bank with similar product breadth and SBA program focus.
• INTRUST Bank: Large Kansas-based regional bank offering consumer, business, and wealth management services across the state. Comparable as a Kansas community/regional bank competing for the same SMB and consumer customers, though with significantly greater scale.
• UMB Bank: Midwest-based regional bank with significant Kansas presence offering commercial, ag, and treasury services. Comparable in commercial and agricultural lending verticals though at materially larger scale.
• Sunflower Bank: Kansas-headquartered community bank with branch network across the state and commercial lending focus. Comparable community-banking model serving Kansas consumers, businesses, and agricultural borrowers.
• Capitol Federal Savings Bank: Kansas-based thrift institution offering residential lending, deposit products, and community banking. Comparable as a Kansas-domiciled depository institution competing for similar deposit and mortgage customers.

Direct peers

• Emprise Bank: Kansas community bank with multi-branch footprint offering consumer and commercial banking, including ag lending. Closely comparable scale and product mix to Bank of Hays's multi-town community banking model.
• Community National Bank: Kansas community bank providing personal, business, and agricultural banking services. Comparable as a small Kansas community bank with similar customer segments and product offerings.
• Landmark National Bank: Kansas community bank operating multiple branches with consumer, commercial, and agricultural lending. Comparable size and operating model as a Kansas-headquartered community bank serving similar rural and small-town markets.
• Central National Bank (Junction City, KS): Kansas community bank with multi-branch network and full suite of personal/business/ag lending products. Comparable scale and Kansas community-banking positioning to Bank of Hays.
• First National Bank of Hutchinson: Kansas community bank offering consumer, commercial, and agricultural banking with multi-location presence. Comparable community-bank operating model serving similar rural and SMB customer segments in Kansas.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/bank-of-hays

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries3 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 Bank of Hays