First Seacoast Bank

First Seacoast Bank is a community bank serving retail and small business customers across Southeast New Hampshire through five branches, offering deposit accounts, consumer and commercial loans, digital banking on Fiserv, Clover merchant services, and wealth management under First Seacoast Bancorp (NASDAQ: FSEA).

Company typePublic
Founded1890
HeadquartersDover, United States
Headcount51–100
GTM typeB2B and B2C
OfferingServices

What First Seacoast Bank does

First Seacoast Bank is a community bank headquartered in Dover, New Hampshire, serving retail and small business customers across Southeast New Hampshire through five branch locations (Dover, Barrington, Durham, Portsmouth, Rochester). The bank, founded in 1890 as the Dover Cooperative Savings Fund and Loan Association and rebranded to its current name in 2019, operates under the publicly traded holding company First Seacoast Bancorp Inc. (NASDAQ: FSEA) with $599.5 million in total assets.

The bank's product suite spans deposit accounts (Kasasa rewards checking, savings, money market, CDs), consumer and mortgage lending (home equity, mortgages via the Home@FSB mobile app, consumer loans, credit cards), commercial and small business banking (SBA loans up to $5 million, commercial loans, business credit cards, Clover merchant services), and wealth management. Digital banking infrastructure is provided by Fiserv for the FSB Mobile app and Card Manager, with Apple Pay and Google Pay for contactless payments. Kasasa powers the rewards checking program offering up to 3.00% APY or up to $9 monthly cash back, with Kasasa Saver as a linked savings account.

The revenue model is concentrated in net interest income from loans and deposits, supplemented by transaction fees (overdraft, ATM, wire), merchant services revenue from Clover, and wealth management fees. The bank distributes through branch banking, self-serve online and mobile channels, and a nationwide 55,000+ ATM network. In May 2026, the company entered a definitive $80.9 million all-cash merger agreement with Cambridge Financial Group, expected to close in Q3 2026.

First Seacoast Bank firmographics

Firmographics

Name: First Seacoast Bank
Legal name: First Seacoast Bancorp Inc.
Website: https://firstseacoastbank.com
Company type: Public
Founded year: 1890
Operating status: Operating
Headcount range: 51–100 employees
Short description: First Seacoast Bank is a community bank serving retail and small business customers across Southeast New Hampshire through five branches, offering deposit accounts, consumer and commercial loans, digital banking on Fiserv, Clover merchant services, and wealth management under First Seacoast Bancorp (NASDAQ: FSEA).
Ownership category
akta.pro rank

First Seacoast Bank industry classification

Industry

Product category: Community Banking
NAICS: Savings Institutions and Other Depository Credit Intermediation (52218), Commercial Banking (52211), Commercial Banking (522110)
SIC: Savings Institution, Federally Chartered (6035), State Commercial Banks (6022)
akta.pro primary industry: Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
akta.pro secondary industries: Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI), SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

Keywords

Community banking
Retail banking
Small business lending
Mortgage loans
Wealth management services

Where First Seacoast Bank is headquartered

Location

Headquarters

HQ city: Dover
HQ country: United States
HQ region: North America

Offices5 records

Markets served

First Seacoast Bank business model

Business model

GTM type: B2B and B2C
Offering type: Services
Cost components: Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

Interest Income - Loans: Revenue generated from interest charged on mortgage loans, home equity loans, business loans, commercial loans, consumer loans, and credit cards. Includes SBA-backed loan programs.
Interest Income - Deposits: Interest earned on checking, savings, money market, and CD accounts held by customers.
Fee Income - Deposit Accounts: Monthly service charges, ATM fees, overdraft fees, wire transfer fees, and other account-related fees from deposit accounts.
Merchant Services: Clover Merchant Services revenue from business payment processing solutions.

Pricing tiers

Model	Billing	Price
Hybrid	Monthly	Kasasa Cash - Interest-earning rewards checking
Hybrid	Monthly	Kasasa Cash Back - Cash back rewards checking
Subscription	Monthly	Kasasa Saver
Subscription	Monthly	Statement Savings
Subscription	Monthly	Passbook Savings
Subscription	Annual	IRA Passbook Savings
Subscription	Monthly	Holiday Club Savings
Subscription	Monthly	Kids Club Savings
Other	Monthly	Home Equity Loans
Subscription	Annual	CDs (Certificates of Deposit)

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

First Seacoast Bank product offering

Product offering

Core offering

First Seacoast Bank is a community bank providing personal and business deposit accounts (checking, savings, money market, CDs), consumer and commercial lending (mortgages, home equity, consumer loans, business/SBA loans, credit cards), digital banking (online and Fiserv-powered mobile), Clover merchant services for businesses, and wealth management. It serves Southeast New Hampshire and parts of Maine through five branch locations and digital channels.

Product overview

First Seacoast Bank operates as a community bank offering a unified suite of consumer and business banking products organized around core categories: deposit accounts (checking, savings, CDs, money market), lending (mortgages, home equity, consumer, business, SBA loans), digital banking (online/mobile banking, mobile deposit, account alerts, card management), merchant services (Clover POS), and wealth management. The bank distinguishes itself through its Kasasa Rewards Checking program (offering interest or cash back), specialized small business banking, and community-focused financial literacy resources via its Idea Bank blog. Digital services are powered by Fiserv, and contactless payments support Apple Pay and Google Pay.

Differentiator

Problem solved

Functional benefit

Brands

Kasasa: Rewards checking program offering Kasasa Cash (up to 3.00% APY) and Kasasa Cash Back (up to $9 cash back monthly) with ATM fee refunds.
FSB Mobile Banking
FSB Card Manager
Bizconnect
Clover Merchant Services
Home@FSB

Products and services

Kasasa Rewards Checking

Companies that use First Seacoast Bank

Customer profile

Segments3 records

Ideal customer profiles3 records

First Seacoast Bank technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

First Seacoast Bank partnerships and signals

Strategic signal

Scale indicators7 records

Recent moves5 records

Expansion highlights4 records

First Seacoast Bank competitors and assessment

Company assessment

Broad incumbents

Community Bank System: NYSE-listed community banking franchise (CBU) operating Community Bank N.A. across Upstate New York, Pennsylvania, Vermont, and Massachusetts; comparable consumer/SMB deposit and lending model at materially larger scale.
Eastern Bank: Largest Massachusetts-based community bank with consumer, business, and wealth management services; larger-scale incumbent offering overlapping products to a New England customer base adjacent to First Seacoast's territory.

Regional players

Northeast Bank: Maine-chartered community bank (NASDAQ: NBNN) with national online small-business loan origination alongside New England community banking; comparable deposit-funded community bank model with overlapping New England footprint.
Northfield Savings Bank: Vermont-chartered community bank offering consumer and business banking, mortgages, and wealth services in adjacent Northern New England territory; similar mutual/small-cap community bank operating profile.
Bar Harbor Bankshares: Parent of Bar Harbor Bank & Trust (NYSE American: BHB), a Northern New England community bank serving Maine, New Hampshire, and Vermont; comparable community-bank business model with a regional multi-state footprint.

Direct peers

Meredith Village Savings Bank (MVSB): New Hampshire mutual community bank serving central/lakes region with consumer and business banking, mortgages, and wealth management; directly comparable branch-banking model and product mix against First Seacoast's Southeast NH footprint.
Mascoma Bank: New Hampshire-based community bank (a division of Mascoma Mutual Bancorporation since 2023) offering deposit, lending, and small-business banking services; similar asset scale and community-bank value proposition in overlapping NH geography.
Cambridge Savings Bank: Massachusetts-based mutual community bank and named acquirer of First Seacoast Bancorp in the announced $80.9M all-cash merger; offers the same core suite of consumer/small-business deposit, lending, and digital banking services in an adjacent New England footprint.
Lake Sunapee Bank (LSSB): New Hampshire community bank (part of Lake Sunapee Bank Group/New Hampshire Mutual Bancorp) operating branches across the state with consumer/business banking, mortgages, and wealth services; comparable size and operating model.

Others

Fiserv: Core digital banking and core processing vendor powering First Seacoast's mobile, online, card management, and fraud-monitoring platforms; relevant as the technology infrastructure provider whose roadmap shapes the bank's product capability.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

First Seacoast Bank financial estimates

Financial estimate

Revenue estimate

Valuation estimate

First Seacoast Bank leadership team

Management profile

Number of profiles

Profiles2 records

First Seacoast Bank funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

First Seacoast Bank M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about First Seacoast Bank

What does First Seacoast Bank do?

Is First Seacoast Bank a public or private company?

First Seacoast Bank is a public company. It is classified as public and is currently operating.

When was First Seacoast Bank founded?

First Seacoast Bank was founded in 1890. It employs 51 to 100 people.

Where is First Seacoast Bank based?

First Seacoast Bank is headquartered in Dover, United States, in the North America region.

How does First Seacoast Bank make money?

Four revenue lines are on record. Interest Income - Loans are the primary driver. The others are interest Income - Deposits, fee Income - Deposit Accounts and merchant Services.

Who are First Seacoast Bank's main competitors?

Broad incumbents on record are Community Bank System and Eastern Bank. Regional players are Northeast Bank, Northfield Savings Bank and Bar Harbor Bankshares. Direct peers are Meredith Village Savings Bank (MVSB), Mascoma Bank, Cambridge Savings Bank and Lake Sunapee Bank (LSSB). Fiserv is listed as an others.

Does First Seacoast Bank have an API?

No public API is recorded for First Seacoast Bank.

What industry is First Seacoast Bank in?

First Seacoast Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABAAAI, Small Business Banking (Microbusiness/Sole Proprietor). Its NAICS code is 52218 and its SIC code is 6035.