The Middlefield Banking Company

Name

The Middlefield Banking Company

Legal name

The Middlefield Banking Company

Website

https://middlefieldbank.bank

Company type

Private

Founded year

1901

Operating status

Operating

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Commercial Banking (522110), Credit Intermediation and Related Activities (522)

SIC

State Commercial Banks (6022), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

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

akta.pro secondary industry

Credit Cards & Revolving Credit (FSABAAAC)

Keywords

• Community banking
• Retail banking
• Business banking
• Mortgage lending
• Wealth management

Headquarters

HQ city

Middlefield

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Net Interest Income: Traditional bank revenue generated from the spread between interest earned on loans (mortgages, personal loans, business loans, commercial loans) and interest paid on deposits (checking, savings, CDs, IRAs).
2. Banking Fees and Service Charges: Various fees including account maintenance fees, overdraft fees, ATM fees, wire transfer fees, and other banking service charges.
3. Investment and Wealth Management Services: Revenue from investment services including Guided Wealth Portfolios, brokerage services, and retirement account management through LPL Financial partnership.
4. Insurance Services: Insurance products and services offered through affiliate MB Insurance Services, LLC.
5. Mortgage Banking: Mortgage origination and lending services for home purchases and refinances, including HomeOne mortgage program.
6. Credit Card Services: Credit card issuance and interchange fees through Visa partnership, including rewards and cashback products.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels5 records

Core offering

The Middlefield Banking Company operates as a community bank providing personal banking (checking, savings, CDs, IRAs, personal loans) and business banking (checking, savings, business loans, treasury management). It also delivers mortgage lending, investment services through a partnership with LPL Financial, and credit card products issued through TCM Bank under the Visa network. Digital banking is delivered via online and mobile channels, with Zelle peer-to-peer payments, MoneyPass ATM access, and card-security features.

Product overview

The Middlefield Banking Company is a community bank offering a unified suite of personal and business banking products. Its core offerings include checking and savings accounts, CDs/IRAs/MMAs, personal and business loans, and mortgage services through Farmers National Bank partnership. The digital banking platform encompasses Online & Mobile Banking with MB Card Secure and Zelle integration. Business services include treasury management solutions and BizDemo tools. Investment services are provided through LPL Financial's Guided Wealth Portfolios. Additional offerings include insurance services, financial planning calculators, and Visa credit card products including Rewards Platinum, CashRewards Platinum, Platinum Edition, Secured Platinum, and Visa Signature cards. The bank operates 19-21 branches across Northeastern, Central, and Western Ohio and is currently transitioning to the Farmers National Bank brand following a merger announcement.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Personal checking account with online banking access, debit card, and transaction capabilities for individual customers.
• Simple Checking

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core.

• LPL FinancialcoreStrategic or Co-development PartnerInvestment services partnership providing Guided Wealth Portfolios, brokerage services, and retirement account management through LPL Financial platform. Customers access investment services via dedicated login portal.
• VisacoreTechnology or IntegrationCredit card issuing partnership providing Rewards Platinum Visa, CashRewards Platinum Visa, Platinum Edition Visa, Secured Platinum Visa, and Visa Signature credit cards to bank customers.
• ZellecoreTechnology or IntegrationReal-time payment integration allowing customers to send and receive money through Zelle network within online and mobile banking.
• FDICcoreOthersFederal Deposit Insurance Corporation providing deposit insurance coverage up to $250,000 per depositor. Bank displays FDIC Member branding indicating participation.
• TCM Bank, N.A.coreTechnology or IntegrationCredit card program partner issuing Middlefield Bank branded credit cards. TCM Bank manages card issuance, processing, and terms.
• MB Insurance Services, LLCcoreImplementation/ SI/ Consulting PartnerAffiliate insurance services company providing insurance products including auto, home, renters, pet, life, business, and disaster insurance. Listed as an affiliate in privacy policy.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Cortland Bancorp: Small Ohio-based community bank holding company with similar size and footprint, offering traditional deposit, loan, and mortgage products in Northeast Ohio markets adjacent to Middlefield's territory.
• Farmers National Banc Corp: Public Ohio-based bank holding company (NASDAQ: FMNB) acquiring Middlefield. Directly comparable community/commercial banking franchise in Ohio with overlapping deposit, lending, mortgage, and wealth management products.
• Park National Corporation: Ohio-headquartered community bank holding company (NYSE: PRK) with comparable community-banking model across Ohio and adjacent states, offering deposits, lending, mortgages, and wealth management.
• S&T Bancorp: Pennsylvania-based community bank holding company (NASDAQ: STBA) with similar community-banking orientation, full-service deposits/lending, and treasury management serving small/medium businesses.
• Civista Bancshares: Ohio-headquartered community bank (NASDAQ: CIVB) operating a comparable community-banking franchise across Ohio and Indiana with deposits, lending, mortgage, and treasury services.
• First National Bank of Pennsylvania: Pennsylvania-based community/regional bank (NYSE: FNB) operating with similar full-service community banking model across the Mid-Atlantic and Midwest, including Ohio markets.
• Northwest Bank: Mid-size community bank (NASDAQ: NWBI) operating across Pennsylvania, Ohio, Indiana, and New York with comparable community-banking products, branches, and customer segments.

Broad incumbents

• Fifth Third Bank: Major regional bank headquartered in Cincinnati, Ohio (NASDAQ: FITB) offering overlapping retail, mortgage, and business banking products with substantially greater scale and brand presence.
• Huntington Bancshares: Large Ohio-based regional bank (NASDAQ: HBAN) competing directly across Middlefield's footprint with broader commercial, consumer, and wealth capabilities and superior digital infrastructure.
• PNC Financial Services: Top-five U.S. regional bank with strong Ohio presence (NYSE: PNC), competing aggressively in retail, small business, mortgage, and wealth management across Middlefield's geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/middlefieldbank

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 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 The Middlefield Banking Company