Jeffersville Ban

What Jeffersville Ban does

Jeffersville Bancorp, Inc. (OTCQB: JFBC) is a one-bank holding company headquartered in Jeffersonville, New York, operating through its wholly-owned subsidiary Jeff Bank, a community-focused regional bank founded in 1913. The bank serves retail consumers and small-to-mid-size businesses through ten full-service branches across Sullivan and Orange County, New York, near the tri-state border of New York, Pennsylvania, and New Jersey. Its core product set spans personal and business checking and savings accounts, mortgages, personal and commercial loans, credit cards, retirement accounts, and digital banking with Zelle-powered peer-to-peer payments. The bank also participates in the Federal Home Loan Bank of New York's Homebuyer Dream Program, offering down payment assistance grants to qualifying first-time homebuyers.

The technology stack is conventional for a community bank: a third-party digital banking platform (web and mobile app) handles account access, bill pay, and transfers, with Zelle integration for real-time P2P payments. No proprietary technology, AI/ML capabilities, or API platform is disclosed. Jeff Bank is certified as an FDIC member, Equal Housing Lender, and NMLS-registered (#405318) mortgage lender. In May 2026, the bank received OCC approval to convert from a New York State charter to a national charter, which will reduce regulatory duplication and provide federal preemption — a meaningful competitive and operational development for a bank of its size.

The revenue model is a traditional spread-based bank model. Net interest income from loans (mortgages, personal, commercial) and securities investments, net of deposit interest expense, is the primary revenue driver, supplemented by securities income and transaction-based banking fees (deposit accounts, credit cards). The bank reports FY2025 net income of $12,553,000 (up 10.8% YoY), Q1 2026 net income of $3,282,000 (up 20.8% YoY), an ROA of 1.90%, ROE of 12.97%, and a leverage capital ratio of 14.68% — all materially above peer averages for $300M–$1B asset banks. Interest expense ranks in the lowest percentile among 1,296 peer banks, reflecting a structural cost-of-funds advantage. Quarterly dividend was raised 33.33% to $0.20 per share in Q1 2026.

Name

Jeffersville Ban

Legal name

Jeffersonville Bancorp, Inc.

Website

https://jeffbank.com

Company type

Public

Founded year

1913

Operating status

Operating

Headcount range

51–100 employees

Short description

Jeffersville Bancorp (Jeff Bank) is a community bank holding company operating 10 branches in Sullivan and Orange County, New York, serving retail consumers and small-to-mid-size businesses with traditional banking, lending, and digital services.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021), State Commercial Banks (6022)

akta.pro primary industry

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

akta.pro secondary industries

Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB), Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI)

Keywords

• Community banking services
• Retail and commercial banking
• Mortgage lending products
• Small business lending
• Digital banking platform

Headquarters

HQ city

Jeffersonville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Net Interest Income: Primary revenue driver from interest earned on loans (including mortgages, personal loans, and business/commercial loans) and securities investments, offset by interest expense on deposits.
2. Securities Income: Income generated from investment securities portfolio, contributing to non-interest revenue alongside loan fees.
3. Banking Fees and Service Charges: Fee income from deposit accounts, credit cards, and other banking services.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Jeff Bank is a community-focused regional bank providing traditional deposit and lending products to both individual consumers and small/mid-size businesses across Sullivan and Orange County, New York. Its core offering includes personal and business checking and savings accounts, mortgages, personal and business loans, credit cards, retirement accounts, and digital banking services accessible via online and mobile platforms. Special offerings include the Homebuyer Dream Program providing Federal Home Loan Bank of New York grants for income-eligible first-time homebuyers.

Product overview

Jeff Bank operates as a community-focused regional bank offering a comprehensive suite of traditional banking products organized across personal and business categories. The core product portfolio includes personal and business checking and savings accounts, mortgage and loan products (personal, business, and credit cards), retirement accounts, and digital banking services. Special offerings include the Homebuyer Dream Program providing grants to first-time homebuyers. The bank serves customers through ten full-service branches across Sullivan and Orange County, New York.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Accounts Personal checking accounts designed to fit various individual banking needs for retail consumer customers.
• Business Checking Accounts Business checking accounts tailored to suit various business banking needs for small and mid-size business customers.
• Digital Banking Online and mobile banking services enabling personal and business customers to access accounts, transfer funds, and manage finances with Zelle peer-to-peer payment integration.
• Mortgages An array of mortgage products to help customers buy, build, or improve their homes, offered with local decision-making authority.
• Personal Loans Personal loan products for individual borrowers to meet personal financing needs.
• Business Loans Commercial lending services including construction and project financing for businesses, supported by a dedicated commercial lending team.
• Credit Cards Credit card products for personal and business customers.
• Personal Savings Accounts A variety of personal savings accounts to help customers meet their personal banking needs.
• Business Savings Accounts Savings accounts designed for business banking needs.
• Retirement Accounts Retirement account products including IRAs and other retirement savings options for personal customers.
• Homebuyer Dream Program Program providing Federal Home Loan Bank of New York grants for first-time homebuyers who meet income and eligibility requirements, offering down payment assistance.
• Foreclosures & Repossessions Listings for foreclosed properties and repossessed assets available for purchase.

Quantifiable outcome

• Q1 2026 net income of $3,282,000, a 20.8% increase year-over-year
• +4 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Federal Home Loan Bank of New YorkcoreStrategic or Co-development PartnerJeff Bank participates in the Homebuyer Dream Program administered by the Federal Home Loan Bank of New York, which provides grants to first-time homebuyers who meet income and eligibility requirements. This partnership enables Jeff Bank to offer down payment assistance as a benefit to qualifying customers in its service area.
• Zelle (Early Warning Services, LLC)coreTechnology or IntegrationJeff Bank has partnered with Zelle to offer customers a fast and free way to send and receive money directly from their bank accounts. Customers can transfer funds to enrolled recipients in minutes via online banking or the mobile app.

Scale indicators11 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Trustco Bancorp: Trustco Bank Corp is a small, New York-based community bank with a strong branch and retail mortgage focus. Its emphasis on local decision-making and traditional community banking closely mirrors Jeff Bank's GTM motion.
• Evans Bancorp: Evans Bancorp is a small New York-based community bank holding company offering retail and commercial banking products. Its NY footprint and similarly sized asset base make it a direct peer for benchmarking community bank economics.
• MVB Financial Corp: MVB Financial is a community bank holding company with a comparable asset size and a similar mix of retail, mortgage, and commercial banking. Its growth profile and community-bank economics make it a useful peer for benchmarking.
• Financial Institutions Inc. Financial Institutions operates a community bank holding company in Western and Central New York, competing in the same regional retail/SMB banking segment with a comparable product and branch-driven model.
• NBT Bancorp: NBT Bancorp is a New York State-based community bank holding company with a similar mix of retail/commercial banking, mortgages, and small business lending across upstate NY and surrounding states, making it a closely comparable regional peer in scale and product mix.
• Chemung Financial Corporation: Chemung Financial is a community bank holding company operating primarily in New York State, offering a similar suite of retail and commercial banking services. Its scale and product mix are well aligned with Jeff Bank.

Regional players

• Lakeland Bancorp: Lakeland Bancorp is a New Jersey-based community bank holding company with a similar mix of retail and commercial banking. It is geographically complementary within the tri-state area, providing another comparable peer for regional benchmarking.
• Northfield Bancorp: Northfield Bancorp is a New Jersey-based community bank holding company offering retail and commercial banking products with a similar asset size and traditional deposit/lending mix, serving as a tri-state area comparable peer.

Broad incumbents

• Tompkins Financial Corporation: Tompkins Financial is a larger regional bank holding company in New York with retail, commercial, and wealth management services. It offers overlapping capabilities but with a wider portfolio and broader geographic reach.
• Community Bank System: Community Bank System is a larger Upstate New York community bank that overlaps with Jeff Bank in retail and commercial banking products, but operates at greater scale and across a broader geographic footprint.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCegOxr3r61Xf_KPSufGKrCg
• Facebookfacebook.com/jeffersonvillebank
• LinkedInlinkedin.com/company/jeff-bank
• Instagraminstagram.com/jeff.bank.1913

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 Jeffersville Ban