Ireland Bank

What Ireland Bank does

Ireland Bank is a privately-held community bank founded in 1892 in Malad, Idaho, and is the oldest state-chartered bank in Idaho. It operates 12 physical branch locations across Southern Idaho (Malad, Aberdeen, Carey, Grace, Inkom, Lava Hot Springs, Mackay, Montpelier, Pocatello, Preston, Soda Springs, and Twin Falls), serving consumer, small-to-medium business, and agricultural customers in rural and mid-sized communities. The bank holds a 5-Star Bauer Financial rating and is FDIC-insured (NMLS#405998).

The bank's core platform comprises digital banking channels (online banking, mobile banking, Bank by Phone 24/7 telephone banking, and a mobile app) integrated with traditional branch delivery. It integrates Zelle for peer-to-peer payments, Apple Pay/Google Pay/Samsung Pay for contactless transactions, Mastercard for credit card issuance, Autobooks for SMB accounting, and a .Bank verified domain for security. The product suite spans consumer checking (Elite, Basic, Classic, Legacy), savings (Ireland Savings, Money Market, IRA, HSA Plus, CD), business banking (Essential Checking, Community Essential, Merchant Services, Remote Deposit, Business CDs), and lending (personal loans, HELOC, mortgages, commercial loans, agricultural loans, equipment financing, lines of credit, leasing) plus personal and business Mastercard credit cards.

Ireland Bank earns revenue primarily through net interest income on its loan portfolio (consumer, mortgage, commercial, agricultural, equipment, and credit card lending), supplemented by deposit account service charges and transaction-based fees. Fee schedule includes NSF/overdraft paid at $28 per item, wires at $15–$50, stop payments at $35, research at $30/hour, dormant account fees, and check printing. CD APY is 4.00% (12-month, $25,000 minimum) and auto loan rates start at 5.51% APR as of mid-2026. Distribution is community-led: personal relationships, local decision-making, and physical branch density supported by a community marketing approach including financial education content and youth programs.

Name

Ireland Bank

Legal name

Ireland Bank

Website

https://ireland-bank.bank

Company type

Private

Founded year

1892

Operating status

Operating

Headcount range

11–50 employees

Short description

Ireland Bank is a privately-held Idaho community bank founded in 1892, operating 12 branches across Southern Idaho to deliver consumer, small business, and agricultural banking products and digital services.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (522110), Savings Institutions and Other Depository Credit Intermediation (522180)

SIC

State Commercial Banks (6022)

akta.pro primary industry

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

akta.pro secondary industries

Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE), Agricultural & Rural Development Banks (FSABAKAE)

Keywords

• Community banking
• Retail banking services
• Agricultural lending
• Small business banking
• Consumer lending

Headquarters

HQ city

Malad

HQ country

United States

HQ region

North America

Offices12 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. Interest Income from Lending: Primary revenue from interest earned on loan products including personal loans, mortgages, commercial loans, agricultural loans, and credit cards
2. Banking Fees and Service Charges: Fees from account services including overdraft charges ($28), NSF returns ($28), wire transfers ($15-$50), stop payments ($35), research fees ($30/hr), dormant account fees, and check printing
3. Deposit Account Services: Revenue from deposit accounts including checking, savings, money market accounts, IRAs, and Certificates of Deposit through interest rate differentials and service fees
4. Credit Card Operations: Revenue from credit card interest and fees, including ongoing APR charges and transaction fees
5. Equipment and Lease Financing: Revenue from commercial and agricultural equipment financing and leasing options

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Ireland Bank is a community bank that delivers a comprehensive suite of personal and business banking products, including checking accounts, savings accounts, money market accounts, IRAs, HSAs, certificates of deposit, personal loans, mortgages, home equity lines of credit, commercial loans, agricultural loans, equipment financing, leasing, and Mastercard-branded credit cards. The bank operates 12 branches across Southern Idaho and complements in-person banking with digital channels including Online Banking, Mobile Banking, Bank by Phone, Zelle, mobile remote deposit, bill pay, card controls, and digital wallet integration. Revenue is generated primarily through net interest spread on deposits and loans, supplemented by transaction-based service fees, overdraft charges, and merchant services.

Product overview

Ireland Bank is a community bank offering a comprehensive portfolio of traditional banking products and services through a platform-plus-modules architecture. The core offerings include personal and business checking and savings accounts, certificates of deposit, and money market accounts. The digital banking platform encompasses Online Banking, Mobile Banking, and Bill Pay as primary service modules, with supplementary features including Card Controls, Digital Wallet integration (Apple Pay, Google Pay, Samsung Pay), and Bank by Phone. Business banking extends to Merchant Services, Remote Deposit, and Autobooks for accounting automation. Lending products span personal loans, home equity, mortgages, commercial loans, agricultural loans, equipment financing, and business lines of credit. Credit card offerings include Consumer Value, Everything Rewards/Premier Plus (personal), and Business Credit Cards with Preferred Points Rewards, all operating on the Mastercard network. Supplementary services include Safe Deposit Boxes, overdraft Reserve, and identity theft recovery through NXG Strategies. The bank operates 12 branch locations across Southern Idaho and is recognized as the oldest state-chartered bank in Idaho, founded in 1892.

Differentiator

Problem solved

Functional benefit

Products and services

• Elite Checking Premium personal checking account targeted at individual consumers, offering discount programs for check orders and enhanced banking services for everyday personal use.
• Basic Checking Entry-level personal checking account for individual consumers with standard everyday banking features.
• Classic Checking Standard personal checking account with traditional features for individual consumers.
• Legacy Checking Personal checking account for individual consumers that includes discount programs for check orders.
• Essential Checking Business checking account for small and medium-sized business customers with everyday business banking features.
• Community Essential Business checking account designed for community organizations and non-profits in Southern Idaho.
• Ireland Savings Account Personal savings account for individual consumers to deposit funds and earn interest.
• Money Market Account Personal money market savings account offering competitive interest rates with limited check-writing privileges for individual consumers.
• HSA Plus Health Savings Account for individuals with high-deductible health plans to save for qualified medical expenses with tax advantages.
• Ireland IRA Individual Retirement Account (IRA) for long-term retirement savings for individual consumers.
• Certificate of Deposit (CD) Fixed-rate time deposit account with terms ranging from 12 months, offering guaranteed returns with FDIC insurance for individual consumers.
• Idaho Medical Savings Account State-specific medical savings account for Idaho residents offering tax-advantaged savings for medical expenses.
• Essential Savings Business savings account for small and medium-sized business customers to hold and grow business funds.
• Essential Money Market Business money market account with competitive interest rates for business banking customers.
• Business Certificate of Deposit Fixed-rate time deposit account for business funds, offering guaranteed returns for business banking customers.
• Online Banking Web-based 24/7 banking platform for personal and business customers providing account management, fund transfers, bill payment, and account monitoring with security alerts.
• Mobile Banking Mobile banking application providing account access, card controls, transactions, Zelle, and mobile deposit capabilities on smartphones for personal and business customers.
• Bank by Phone 24/7 telephone banking service providing account access, balance inquiries, fund transfers, and automated banking via voice prompts and secure PIN authentication for personal and business customers.
• Merchant Services Payment processing services for business customers to accept credit and debit card payments at their point of sale.
• Remote Deposit Mobile check deposit service allowing business customers to deposit checks electronically using their mobile device.
• Autobooks Integrated accounting and bookkeeping automation tool for small businesses, linked with business banking accounts.
• Personal Loans Unsecured personal loans for individual consumers covering expenses such as auto financing, with rates as low as 5.51% APR.
• Home Equity Line of Credit (HELOC) Home equity line of credit (HELOC) for individual consumers using their home as collateral.
• Mortgages Real estate loans for purchasing or refinancing homes for individual consumers with competitive rates.
• Commercial Loans Business lending for commercial real estate and business expansion for small and medium-sized business customers.
• Agricultural Loans Specialized lending products for farmers, ranchers, and agricultural operations in Southern Idaho.
• Equipment Loans Financing for commercial vehicles and equipment with fixed or variable rates for business customers.
• Business Lines of Credit Revolving credit facilities for businesses providing flexible access to capital for working capital needs.
• Leasing Options Leasing programs for commercial, agricultural, and municipal equipment including fire trucks, ambulances, school buses, and heavy equipment.
• Personal Credit Cards Personal credit cards for individual consumers on the Mastercard network, including the Consumer Value card with low introductory rate and no annual fees, and the Everything Rewards/Premier Plus card earning one point per dollar spent with travel and lifestyle services.
• Business Credit Cards Business credit cards for business customers on the Mastercard network, including a card with competitive ongoing APR and Mastercard benefits (car rental insurance, ID theft protection), and a Preferred Points Rewards card earning one point per dollar up to 10,000 monthly points.
• Safe Deposit Box Secure in-branch safe deposit box service for valuables and important documents for personal and business customers.
• Identity Theft Recovery Services Free identity theft research, remediation, and recovery services provided through partnership with NXG Strategies for consumer checking account holders, including fraud alert placement, credit report reviews, dispute letter writing, government agency coordination, and law enforcement case file assistance.

Quantifiable outcome

• Auto loans as low as 5.51% APR
• +1 more outcomes

Named customers6 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

Integration7 records

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• NXG StrategiescoreStrategic or Co-development PartnerPartnership with NXG Strategies provides comprehensive identity theft research, remediation, and recovery services to all consumer checking account holders at no additional cost. Services include fraud alert placement, credit report reviews, dispute letter writing, government agency coordination, and law enforcement case file assistance.
• MastercardcoreTechnology or IntegrationCredit card services include Mastercard benefits such as car rental insurance, ID theft protection, global services, mobile receipt management, and easy savings on business and personal credit cards.

Scale indicators6 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Zions Bancorporation: Large regional bank holding company with operations across the Western U.S. including Idaho via affiliates. Overlaps with Ireland Bank in commercial, ag, and small-business banking in Southern Idaho markets.
• U.S. Bancorp: Major U.S. commercial bank with retail, commercial, and ag banking nationwide including Idaho. Competes with Ireland Bank for the same household and small-business deposit/lending relationships at a vastly larger scale.
• First Interstate BancSystem: Community-focused regional bank holding company headquartered in the Mountain West with presence in adjacent states. Comparable as a multi-state community bank operator with similar agricultural and small-business lending orientation.
• KeyCorp (KeyBank): Large regional bank with Mountain West presence including commercial, ag, and consumer banking. Competes for the same commercial and agricultural lending relationships as Ireland Bank.
• Glacier Bancorp: Multi-bank holding company operating community banks across the Mountain West including Idaho. Comparable as a regional banking operator serving similar geographic markets with community-bank-style service and agricultural lending exposure.
• Washington Federal (WaFd Bank): Community-oriented bank with branches across the Western U.S. including Idaho. Operates a similar deposit-and-lend community-bank model with comparable agricultural and consumer banking offerings.
• Wells Fargo: Major U.S. bank with branches in Idaho offering consumer, mortgage, small business, and agricultural banking. Overlaps significantly with Ireland Bank's product set across Southern Idaho customers.

Direct peers

• Idaho Independent Bank: Locally owned Idaho community bank serving similar Southern Idaho markets. Highly comparable in product mix (deposits, consumer, commercial, ag loans) and community-bank relationship-based GTM.
• D.L. Evans Bank: Idaho-headquartered community bank with branches across Southern Idaho. Closely comparable in scale, regional footprint, agricultural lending focus, and community-bank operating model.
• Bank of Idaho: Idaho-based community bank focused on small business, ag, and consumer banking. Directly comparable as a smaller, locally operated bank competing in similar Idaho deposit and lending markets.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/irelandbank

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

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 Ireland Bank