The Callaway Bank

What The Callaway Bank does

The Callaway Bank is an independently owned community bank founded in 1857 in Fulton, Missouri, and is the oldest independent bank west of the Mississippi River. It serves individual consumers, small to medium businesses, and agricultural borrowers across mid-Missouri through eight banking offices in Fulton, Columbia, Mokane, and Ashland, plus 11 direct ATMs and 40,000+ MoneyPass network ATMs. The bank is led by President & CEO Kim Barnes and remains privately held, with no parent company, venture, or private equity ownership disclosed.

The bank operates a full-service deposit, lending, and digital banking franchise. Core products include personal and business checking, savings, money market, CDs, HSAs, and youth accounts; consumer loans (auto, personal, home equity, mortgage, signature line of credit); commercial loans (SBA, commercial real estate, equipment financing); agricultural lending (farmland, livestock, crop, equipment); merchant services; and credit cards (FirstData for personal, Fiserv for business). Underlying technology is centered on a digital banking platform upgraded in August 2022 that integrates online and mobile banking, online bill pay, mobile check deposit, P2P payments, eStatements (7-year history), and eAlerts, with biometric authentication (Touch ID, Face ID, Fingerprint). Security features include 256-bit SSL, TLS 1.1/1.2, multi-factor authentication via Duo Mobile, and a fraud analytics system that scores debit card transactions for anomaly detection.

The bank generates revenue through traditional community bank mechanics: net interest income on a diversified loan book, deposit account and transaction fees (e.g., $1-$10 per excess transfer on savings/money market accounts), interchange and interest on credit cards, merchant services fees, and digital banking services. Go-to-market is relationship-led through physical branches, a dedicated Business Banking Team for SMBs, agriculture and commercial lenders in the field, and content marketing via the bank's website. The bank integrates with Apple Pay, Google Pay, Samsung Pay, Garmin Pay, Fitbit Pay, Intuit (Quicken, QuickBooks, Mint), IntraFi Solutions, and AutoBooks, reflecting a strategy of layering digital capabilities onto a traditional community bank chassis.

Name

The Callaway Bank

Legal name

Callaway Security Banks

Website

https://callawaybank.com

Company type

Private

Founded year

1857

Operating status

Operating

Headcount range

101–250 employees

Short description

The Callaway Bank is an independently owned community bank founded in 1857, serving individual consumers, small to medium businesses, and agricultural borrowers across mid-Missouri through eight branches, digital banking, and ATM access.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211)

SIC

National Commercial Banks (6021)

akta.pro primary industry

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

akta.pro secondary industries

Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE), Student & Youth Banking (FSABAAAH)

Keywords

• Community banking services
• Personal banking products
• Business banking solutions
• Agricultural lending
• Residential mortgage lending

Headquarters

HQ city

Fulton

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Revenue generated from interest on loans including home mortgages, personal loans, auto loans, business loans, SBA loans, commercial real estate, agriculture lending, and equipment financing.
2. Deposit Account Fees: Fees from personal and business checking accounts, savings accounts, money market accounts, and CDs including transaction limitation fees ($1.00 per excess preauthorized transfer for savings, $10.00 for money market).
3. Digital Banking Services: Revenue from digital banking services including online bill pay, mobile check deposit, and digital wallet integrations.
4. Merchant Services: Payment processing and merchant services for business owners including point-of-sale terminals and mobile products.
5. Credit Card Services: Personal and business credit card products generating interchange and interest income.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

The Callaway Bank is an independently owned community bank offering deposit products (personal and business checking, savings, money market, CDs, HSAs), lending products (home mortgages, home equity, auto, personal, SBA, commercial real estate, construction, and agriculture loans), and digital banking services delivered through 8 branches in mid-Missouri and an online/mobile platform. Ancillary services include merchant services/payment processing, business cash management (ACH, wires, Positive Pay), credit cards (personal and business), rewards program, and third-party integrations with digital wallets and accounting software.

Product overview

The Callaway Bank is a community bank offering a comprehensive suite of banking products organized into three main categories: deposit products (personal and business checking, savings, money market, CDs, and youth accounts), lending products (home mortgages via the Home Mortgage Center, personal loans, auto loans, SBA loans, commercial real estate, agricultural lending, and construction loans), and digital banking services. The digital banking platform is the primary service delivery channel, providing integrated online banking, mobile banking apps, bill pay, mobile check deposit, and P2P payments. Digital Banking serves as the core platform with integrated modules including Money Insights (personal finance management), Business Cash Management (ACH, wires, Positive Pay), Digital Wallets, and Fraud Analytics. The bank operates 8 locations in mid-Missouri and serves customers globally through digital channels.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Over 40,000 ATM locations nationwide through MoneyPass network
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration15 records

AI capability2 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered core.

• MoneyPasscoreTechnology or IntegrationATM network partnership providing Callaway Bank customers access to over 40,000 ATM locations nationwide through the MoneyPass network, in addition to the bank's 11 direct ATM locations.
• Apple PaycoreTechnology or IntegrationDigital wallet integration allowing customers to make contactless payments using Apple Pay with their Callaway Bank debit cards.
• Google PaycoreTechnology or IntegrationDigital wallet integration allowing customers to make contactless payments using Google Pay with their Callaway Bank debit cards.
• Samsung PaycoreTechnology or IntegrationDigital wallet integration allowing customers to make contactless payments using Samsung Pay with their Callaway Bank debit cards.
• Garmin PaycoreTechnology or IntegrationDigital wallet integration allowing customers to make contactless payments using Garmin Pay with their Callaway Bank debit cards on compatible Garmin devices.
• Fitbit PaycoreTechnology or IntegrationDigital wallet integration allowing customers to make contactless payments using Fitbit Pay with their Callaway Bank debit cards on compatible Fitbit devices.
• Intuit (Quicken, QuickBooks, Mint)coreTechnology or IntegrationSoftware integration partnership enabling customers to connect their Callaway Bank accounts with Quicken, QuickBooks Desktop, QuickBooks Online, and Mint personal finance software for transaction synchronization and financial management.
• Duo MobilecoreTechnology or IntegrationMulti-factor authentication app integration for out-of-band authentication, providing enhanced security for digital banking access through secure push notifications.

Scale indicators5 records

Recent moves14 records

Expansion highlights3 records

Broad incumbents

• Commerce Bank: Major Missouri-based regional bank with significantly larger branch network across Missouri, Kansas, and adjacent states. Overlaps with Callaway Bank in the Columbia, MO market and competes for the same consumer/business deposits with broader product portfolio and ATM infrastructure.
• Regions Bank: Large regional bank with significant presence across the South and Midwest including Missouri. Competes for consumer and small business banking customers in Columbia and surrounding mid-Missouri markets with broader digital capabilities and larger lending capacity.
• UMB Bank: Large Missouri-based regional bank with headquarters in Kansas City and full-service consumer/business banking. Competes in the mid-Missouri market with greater scale, broader product set, and institutional banking capabilities beyond Callaway's community bank focus.

Direct peers

• BTC Bank: Community bank headquartered in Bethany, Missouri with similar agricultural lending focus and rural Missouri branch network. Comparable in size, product offerings, and emphasis on relationship banking and agricultural finance in Missouri communities.
• Central Bank of Boone County: Community bank headquartered in Columbia, Missouri directly overlapping Callaway's primary Columbia market. Offers similar consumer/business banking products with comparable community bank positioning, creating head-to-head competition for the same mid-Missouri customers.
• Bank of Missouri: Missouri-based community bank with similar regional branch footprint and full-service consumer/business banking offerings. Directly competes for the same mid-Missouri depositor and small business customer base with comparable product suite and relationship-banking model.
• Hawthorn Bank: Independent community bank headquartered in Jefferson City, Missouri with similar branch-based distribution model serving central Missouri. Directly comparable in size, product offerings (personal/business banking, mortgages, agriculture), and community bank positioning in overlapping Missouri geography.
• Arsenal Credit Union: Missouri-based credit union serving central Missouri with consumer banking, mortgages, and business services. Directly competes for the same mid-Missouri consumer deposit and lending customers with member-owned cooperative structure alternative to Callaway's community bank model.
• First State Community Bank: Missouri-based community bank with similar branch distribution model across central and southern Missouri. Comparable size and product offering including personal banking, mortgages, and business lending with overlapping agricultural lending focus in rural Missouri communities.

Emerging players

• Chime: Digital-first neobank competing for consumer deposit relationships with no-fee accounts, early direct deposit, and mobile-first experience. Represents the emerging fintech competitive threat to community banks like Callaway, particularly for younger mid-Missouri customers seeking digital-native banking.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CallawayBank
• Facebookfacebook.com/CallawayBank

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 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 The Callaway Bank