Victory Bank
- Company typePrivate
- Founded2018
- HeadquartersLubbock, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
Victory Bank firmographics
Firmographics- Name
- Victory Bank
- Legal name
- Victory Bank
- Website
- https://victory.bank
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Victory Bank industry classification
Industry- Product category
- Commercial Banking
- NAICS
- Commercial Banking (52211)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
Keywords
Where Victory Bank is headquartered
LocationHeadquarters
- HQ city
- Lubbock
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Victory Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others
Revenue model
- Interest Income from Lending: Traditional bank interest income from commercial loans, real estate loans, agricultural loans, ranch loans, and personal/consumer loans including term loans, lines of credit, and construction financing
- Business Checking Account Fees: Monthly service charges, excess item charges, wire transfer fees, and account maintenance fees for business checking accounts including Ignite, Elite, and Victorious tiers
- Personal Checking Account Fees: Monthly service charges and minimum balance fees for personal checking accounts including E-Checking, Regular Checking, and Student Checking
- Business Banking Service Fees: Fees for Remote Deposit Capture, Positive Pay, ACH Origination, and other business banking services as detailed in account tier structures
- Money Market and Savings Fees: Monthly service charges for money market accounts below minimum balance requirements, excess withdrawal fees beyond monthly limits
- Deposit Product Interest: Interest paid to customers on interest-bearing accounts including money market accounts, certificates of deposit, and individual retirement accounts (IRAs)
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Victory Ignite White - Entry-level business checking for single-owner businesses |
| Subscription | Monthly | Victory Ignite Gray - Growing businesses with increased transactions |
| Subscription | Monthly | Victory Elite - Established businesses with high transaction volumes |
| Subscription | Monthly | Victorious - Premium business banking for high-volume enterprises |
| Subscription | Monthly | E-Checking - Basic personal checking |
| Subscription | Monthly | Victory Core Checking - Standard personal checking |
| Subscription | Monthly | Victory Legacy Checking - Premium personal checking with benefits |
| Subscription | Monthly | Student Checking - For students and young adults |
| Subscription | Monthly | Victory Money Market - Interest-bearing savings |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
Victory Bank product offering
Product offeringCore offering
Victory Bank is a Texas-chartered community commercial bank that provides business and personal banking services to West Texas customers. Its core offerings include tiered business and personal checking accounts, money market and CD deposit products, commercial and real estate lending, agricultural and ranch loans, consumer loans, and a digital banking platform with Remote Deposit Capture, Positive Pay, ACH origination, mobile app, and VB Wealth tools. The bank monetizes through net interest income, recurring account fees, and transaction-based service fees.
Product overview
Victory Bank is a Texas-based commercial bank offering a unified platform combining relationship banking with technology-forward digital services. The core product architecture centers on three pillars: (1) Business Direct Banking through the online/mobile platform offering account management, Remote Deposit Capture, Positive Pay fraud protection, ACH Services, and Commercial Checking; (2) Deposit products spanning four tiers of business checking (Victory Ignite White/Gray, Victory Elite, Victorious) and personal checking options (E-Checking, Victory Core, Victory Legacy, Student Checking), plus Money Market, Certificates of Deposit, IRAs, and Savings; and (3) Lending services covering Commercial Loans, Real Estate Loans, Victory Ranch Loans, Agriculture Loans, and Consumer Loans. The platform integrates embedded tools including Autobooks for invoicing/payments, VB Wealth for wealth management, and partnership add-ons with Greenlight (kids debit cards/financial literacy) and Paige (estate planning). A four-tiered business checking progression (White through Victorious/Black) offers increasing transaction volumes (100-750 monthly), escalating from basic features to premium capabilities including sweep services and 5 free outgoing wires.
Differentiator
Problem solved
Functional benefit
Brands
- Victory Business Direct Banking: A tailored business banking service providing direct access to Victory Bank officers, online banking, Remote Deposit Capture, Positive Pay, ACH services, commercial checking accounts, and Autobooks for invoicing and payment management.
Products and services
- Business Direct Online Banking Online banking platform for businesses to view accounts, conduct transactions, view statements, download transactions, create reports, search transactions, manage cards, and create transfers from desktop or mobile devices.
- Remote Deposit Capture (RDC) Electronic check deposit service allowing businesses to deposit checks through the mobile banking app or dedicated check scanners to streamline check deposit processing.
- Positive Pay Fraud prevention tool providing account monitoring and control, enabling businesses to approve or decline Check and ACH payments and reduce unauthorized transactions.
- ACH Services Automated Clearing House service for sending and collecting payments through the business banking website, featuring dual control to monitor ACH payments and additional layers of protection.
- Mobile Banking App Mobile application enabling customers to access banking services anytime, anywhere, including mobile check deposit, debit card control, and access to integrated tools.
- Online Bill Pay Online bill payment service allowing customers to pay bills and manage finances without visiting a branch location.
- Electronic Statements Digital statement delivery service enabling customers to receive and view account statements electronically.
- Telephone Banking 24-hour telephone banking service allowing customers to check balances and access account information by calling 833-990-8877.
- Victory Ignite Business Checking (White) Entry-level business checking tier for single-owner businesses, small businesses, and nonprofits, offering up to 100 monthly transactions, free first set of business checks, instant issue debit card, online banking, mobile deposit, and Autobooks.
- Victory Ignite Business Checking (Gray) Mid-tier business checking for growing businesses with employees, including up to 200 monthly transactions, instant issue debit card, and advanced online banking access including ACH, RDC, Bill Pay, Positive Pay, and admin tools.
- Victory Elite Business Checking Upper-tier business checking for established businesses with high transaction volumes, including up to 500 monthly transactions, Direct Banking Limited Package with free incoming wires and 3 free outgoing wires, and 24/7 online access.
- Victorious Business Banking Premium business checking for high-volume businesses needing premium tools and personal attention, including up to 750 monthly transactions, Direct Banking Exclusive Package with sweep capabilities and 5 free outgoing wires.
- Victory Money Market Interest-bearing account with tiered interest rates that increase with balance, requiring $2,500 minimum to open and allowing up to 6 withdrawals or transfers per month.
- Certificates of Deposit Time deposit accounts with flexible terms from 1 month to 5 years and competitive rates, available by contacting the bank.
- Individual Retirement Accounts (IRA) Retirement savings accounts available in both Traditional and Roth options, allowing customers to open new IRAs or roll over existing retirement funds.
- Savings Account Simple savings account with interest paid quarterly based on daily balance and limited withdrawals.
- E-Checking Basic personal checking account with $25 minimum to open, featuring $3 per item check writing fee and $3 per item in-person withdrawal fee.
- Victory Core Checking Personal checking account with $300 minimum to maintain daily balance to avoid monthly fees, offering card-based and digital transactions.
- Victory Legacy Checking Premium personal checking with $1,000 minimum to open and $3,000 daily balance requirement, including free Paige Estate Planning Services.
- Student Checking Personal checking designed for students and young adults with $100 minimum to open, waiving monthly service charge for customers under 24 or maintaining $750 daily balance.
- Commercial Loans Business financing including term loans for equipment, business acquisition, and expansion, plus lines of credit for accounts receivable, inventory, and seasonal cash flow.
- Real Estate Loans Commercial real estate financing including owner-occupied construction, renovation, and property purchase, as well as investment real estate acquisition, development, and construction.
- Victory Ranch Loans Specialized ranching and agriculture loans overseen by expert lenders, providing quick answers, timely delivery, straightforward pricing and terms, and competitive rates for producers, landowners, and families investing in working or recreational ranchland.
- Agriculture Loans Flexible financing for farm and ranch acquisition, equipment, livestock, and operating lines with competitive rates and straightforward terms designed for farmers and ranchers.
- Consumer Loans Personal lending options including new and used auto loans, boats and recreational vehicles, consumer goods, secured loans, and unsecured personal loans.
Companies that use Victory Bank
Customer profileSegments3 records
Ideal customer profiles3 records
Victory Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature10 records
Victory Bank partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Main Street Checks, Inc.minorVictory Bank engages in the business of selling checks as an agent for Main Street Checks, Inc., which is licensed under Texas state law and subject to regulatory oversight by the Texas Department of Banking.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Victory Bank competitors and assessment
Company assessmentDirect peers
- Extraco Banks: Texas community bank headquartered in Central Texas with full-service commercial and consumer banking. Comparable to Victory Bank as a Texas state-chartered community bank serving businesses and consumers with relationship banking and similar product breadth.
- Texas First Bank: Texas-based state-chartered community bank operating across West and South Texas. Directly comparable to Victory Bank as a Texas state-chartered commercial bank with a similar community-banking, relationship-focused model and overlapping geography. Victory Bank board member Christopher Doyle is President and CEO of Texas First Bank.
- FirstBank (Texas): Texas community bank focused on West Texas and Panhandle markets with commercial, agricultural, and consumer banking. Directly comparable to Victory Bank in geographic concentration, agricultural lending specialization, and relationship-focused commercial banking model.
- Security State Bank (Texas): Texas community bank serving rural and small-town markets with deposit and lending products. Comparable to Victory Bank in scale, regional Texas footprint, and relationship banking orientation. Victory Bank board member Paul Airhart is CEO/President Emeritus of Security State Bank.
Broad incumbents
- Frost Bank: Large Texas-headquartered commercial bank with extensive branch network across the state, including West Texas. Comparable to Victory Bank as a Texas commercial bank with full business and consumer banking capabilities, though at substantially greater scale and broader geographic reach.
- Prosperity Bancshares: Large Texas community banking franchise with deep presence across Texas and Oklahoma. Comparable to Victory Bank as a Texas commercial/community bank offering business and consumer banking, with substantial scale and rural market exposure that overlaps with Victory's footprint.
- Cadence Bank: Regional commercial bank with presence across the South and Midwest, including Texas markets. Comparable to Victory Bank in commercial banking model with business lending, treasury, and deposit services, though operating at much larger scale and broader geographic footprint.
- Independent Bank Group: Texas-based community banking holding company operating across Dallas-Fort Worth, Austin, Houston, and surrounding markets. Comparable to Victory Bank as a Texas-focused commercial/community bank with similar business lending and deposit products, but with broader geographic diversification.
- IBC Bank (International Bancshares): Texas-based commercial bank holding company with presence across Texas and Oklahoma. Comparable to Victory Bank as a Texas commercial bank with agricultural and small business lending expertise, but operating at much greater scale and broader geographic reach.
Regional players
- AimBank: Texas-based community bank with branch presence in West Texas markets including Lubbock-area. Comparable to Victory Bank as a community bank competing in similar West Texas markets with comparable deposit and lending products targeting businesses and consumers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Victory Bank social profiles
Digital presenceVictory Bank compliance and trust
Trust signalCompliance5 records
Victory Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Victory Bank leadership team
Management profileNumber of profiles
Profiles10 records
Victory Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Victory 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 Victory Bank
What does Victory Bank do?
Victory Bank is a Texas-chartered community commercial bank that provides business and personal banking services to West Texas customers. Its core offerings include tiered business and personal checking accounts, money market and CD deposit products, commercial and real estate lending, agricultural and ranch loans, consumer loans, and a digital banking platform with Remote Deposit Capture, Positive Pay, ACH origination, mobile app, and VB Wealth tools. The bank monetizes through net interest income, recurring account fees, and transaction-based service fees.
Is Victory Bank a public or private company?
Victory Bank is a private company. It is classified as venture growth investor backed and is currently operating.
When was Victory Bank founded?
Victory Bank was founded in 2018. It employs 11 to 50 people.
Where is Victory Bank based?
Victory Bank is headquartered in Lubbock, United States, in the North America region.
How does Victory Bank make money?
Six revenue lines are on record. Interest Income from Lending is the primary driver. The others are business Checking Account Fees, personal Checking Account Fees, business Banking Service Fees, money Market and Savings Fees and deposit Product Interest.
Who are Victory Bank's main competitors?
Direct peers on record are Extraco Banks, Texas First Bank, FirstBank (Texas) and Security State Bank (Texas). Broad incumbents are Frost Bank, Prosperity Bancshares, Cadence Bank, Independent Bank Group and IBC Bank (International Bancshares). AimBank is listed as a regional player.
Does Victory Bank have an API?
No public API is recorded for Victory Bank.
What industry is Victory Bank in?
Victory Bank's product category is Commercial Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 52211 and its SIC code is 6022.