Hendricks County Bank And Trust Company

What Hendricks County Bank And Trust Company does

Hendricks County Bank and Trust Company (HCBT) is a privately held community bank founded in 1908, operating exclusively in Hendricks County, Indiana through five full-service branches located in Brownsburg (Main Office at 1 E. Main St. and Northfield Dr.), Plainfield, Avon, and Danville. The bank is FDIC insured, holds an Equal Housing Lender designation, and operates with locally based decision-making authority, with no parent company, outside investor, or acquisition activity disclosed. Its customer base spans individuals, small-to-mid-sized businesses, agricultural operations, nonprofit organizations, and students, served through retail deposit accounts, consumer and commercial lending, merchant services, and a wealth management referral channel via hcwealthadvisors.com.

HCBT's product surface includes five personal checking tiers (Flat Out Free, Performance Interest, 55+ Prestige Interest, Direct Easy Interest, and Smart Start Checking for ages 13-21), savings, money market, CDs, IRAs, mortgages (conventional, FHA/VA, jumbo, construction), home equity, auto, personal loans, and MasterCard/Visa credit cards. Commercial offerings cover business checking (Flat Out Free Business, Business Interest, Commercial, Not For Profit Interest), business savings and CDs, commercial loans, SBA loans, equipment leasing through BB Community Leasing Services, and merchant services accepting Mastercard, Visa, American Express, Discover, Apple Pay, and Google Pay. The technology stack is largely vendor-integrated: Fiserv powers online account opening, CardHub provides mobile card controls, Early Warning Services delivers Zelle P2P, TransUnion powers Credit Sense credit monitoring, Allpoint extends ATM access to 55,000+ surcharge-free locations, and Deluxe handles check reordering.

Revenue is generated through net interest income on loans and deposits and transaction-based fees including monthly service charges, overdraft and NSF fees, wire transfer and stop payment fees, merchant processing fees, and interchange. Pricing follows a tiered subscription model with monthly fees waived under balance or direct-deposit conditions. Distribution combines physical branch banking, online and mobile self-service, and field-based commercial lending officers embedded at branch locations. Marketing emphasizes community presence, financial literacy through Banzai, and chamber partnerships across Brownsburg, Plainfield, Danville, and Avon.

Name

Hendricks County Bank And Trust Company

Legal name

Hendricks County Bank and Trust Company

Website

https://hcbt.bank

Company type

Private

Founded year

1908

Operating status

Operating

Short description

Hendricks County Bank and Trust Company, founded in 1908, is a privately held FDIC-insured community bank operating five branches across Hendricks County, Indiana. It provides personal and commercial deposit, lending, merchant, and digital banking services to individuals, small businesses, nonprofits, and students.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221)

SIC

Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

Mutual Savings Banks & Mutual Thrifts (FSABAEAD)

akta.pro secondary industry

Deposit Operations (Account Maintenance, Fees, Reconciliations) (FSABALAE)

Keywords

• Community banking
• Personal banking services
• Commercial lending
• Mortgage loans
• Merchant services

Headquarters

HQ city

Brownsburg

HQ country

United States

HQ region

North America

Offices5 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: Primary revenue stream from interest earned on loans including mortgages, commercial loans, auto loans, home equity loans, and personal loans. Interest is also earned on deposit accounts including savings, CDs, and money market accounts.
2. Banking Fees and Service Charges: Fees from checking accounts, including monthly service charges, transaction item fees, overdraft fees, and non-sufficient funds fees. Also includes fees for services like wire transfers, stop payments, and official checks.
3. Commercial Banking Services: Revenue from commercial lending, merchant services processing fees, business credit cards, SBA loans, and equipment leasing services.
4. Merchant Services: Electronic payment processing fees from businesses accepting credit/debit cards, including authorization, data capture, and settlement services for MasterCard, Visa, American Express, and Discover transactions.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Hendricks County Bank and Trust Company is a community bank that provides personal and business banking products including checking accounts, savings accounts, IRAs, CDs, mortgages, home equity loans, auto loans, personal loans, credit cards, commercial loans, SBA loans, equipment leasing, merchant services, and digital banking through online and mobile platforms. The bank also offers treasury management services including remote deposit capture and ACH origination for business customers. It operates five branch locations across Hendricks County, Indiana, complemented by online, mobile, and ATM banking channels.

Product overview

Hendricks County Bank And Trust Company is a community bank serving Hendricks County, Indiana since 1908, offering a unified banking platform with personal and business banking products. Personal banking includes multiple checking accounts (Performance Interest, 55+ Prestige, Direct Easy Interest, Flat Out Free, and Smart Start for students), savings accounts, IRAs, CDs, and money market accounts. Lending products cover home equity, mortgages (conventional, FHA/VA, jumbo, construction), auto loans, personal loans, and credit cards. Business banking encompasses commercial checking, savings, loans (commercial, SBA), equipment leasing, and merchant services. Digital banking capabilities include online banking, mobile banking with CardHub card controls, Zelle P2P payments, Credit Sense credit monitoring, and mobile deposits. Additional services include Banzai financial literacy education, video-based Learning Center, 40+ financial calculators, safe deposit boxes, gift cards, and coin counting. The bank operates 5 branch locations and is part of the Allpoint surcharge-free ATM network.

Differentiator

Problem solved

Functional benefit

Brands

• Smart Start Checking: A student checking account powered by Banzai Financial Literacy Rewards for students aged 13-21 years old, offering educational incentives and rewards for completing financial literacy courses.

Products and services

• Personal Checking Accounts Range of personal checking accounts including Performance Interest, 55+ Prestige Interest, Direct Easy Interest, Flat Out Free Checking, and Smart Start Checking for students, each with different features, interest rates, and fee structures for individual consumers.
• Personal Savings Accounts Savings products including Regular Savings, Money Market, Christmas Club, and Certificates of Deposit with tiered interest rates based on account balance for individual consumers.
• Individual Retirement Accounts (IRAs) Tax-advantaged retirement savings accounts including Traditional IRA (tax-deferred contributions) and Roth IRA (tax-free withdrawals at retirement) for individual retirement planning.
• Home Equity Loans Home equity lines of credit allowing homeowners to access cash from home value for various purposes including debt consolidation, home improvements, and major purchases.
• Mortgage Loans Home purchase and refinance loans including Conventional, Government (FHA/VA), Jumbo, and Construction loans with fixed and adjustable rate options for individual borrowers.
• Auto Loans Vehicle financing for new and used cars, trucks, vans, and SUVs with flexible terms arranged to fit borrower income and budget for individual consumers.
• Personal Loans Unsecured loans for various purposes including emergencies, vacations, school tuition, and other personal financial needs with flexible repayment terms for individual consumers.
• Credit Cards MasterCard and Visa credit cards with low fixed rates, no annual fees, and ScoreCard Reward Program for merchandise, travel, and experience rewards.
• Business Checking Accounts Business checking products including Commercial Checking, Not For Profit Interest Checking, Business Interest Checking, and Flat Out Free Business Checking with varying transaction limits, fees, and features tailored to small and mid-sized businesses.
• Business Savings Accounts Business savings options including Statement Savings, Money Market Savings, and Certificates of Deposit with competitive interest rates and FDIC insurance for business customers.
• Commercial Loans Business financing including short-term commercial notes, equipment term loans, working capital loans, commercial real estate loans, construction loans, and agricultural land loans for businesses.
• SBA Loans Small Business Administration backed loans with flexible repayment terms, lower monthly payments, and options for start-up and emerging companies, including PPP loans for qualifying businesses.
• Equipment Leasing 100% financing equipment leases with no down payment, variable payment terms for seasonal businesses, tax objective structures, and fixed rates, serviced through BB Community Leasing Services for business customers.
• Merchant Services Payment processing accepting cash, checks, all major credit cards, Apple Pay, and Google Pay, with PCI DSS compliance support for merchant businesses.
• Business Online Banking Real-time cash management with 24/7 account access, file/fund transfers, loan services, tax payments, bill payment, ACH origination, check image retrieval, and multi-level security for business customers.
• Online and Mobile Banking 24/7 digital banking service with online web platform and iOS/Android mobile app enabling fund transfers, balance viewing, bill payment, mobile check deposits, and account access for personal and business customers.

Quantifiable outcome

• Earn $25 reward for each Banzai Interactive Financial Literacy course completed

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

Feature5 records

Partnerships

Nine partnerships are on record, tiered core and supporting.

• BanzaicoreStrategic or Co-development PartnerFinancial literacy content partnership providing interactive educational courses for kids, teens, and adults. HCBT offers Banzai courses free to customers with rewards program - students earn $25 for each course completed through Smart Start Checking accounts.
• AllpointcoreTechnology or IntegrationATM network partnership providing 55,000+ surcharge-free ATMs worldwide. HCBT customers can access cash anywhere the Allpoint logo is displayed without incurring surcharge fees.
• BB Community Leasing Services, Inc.supportingChannel Partner/ Reseller/ DistributorEquipment leasing services for business customers provided through partnership with BB Community Leasing. Offers 100% financing, variable payment terms, and tax-optimized lease structures.
• SBA (Small Business Administration)coreStrategic or Co-development PartnerSBA loan programs including 7(a) loans and Paycheck Protection Program (PPP) financing. SBA backing provides more flexible qualification criteria and longer repayment terms for qualifying businesses.
• Early Warning Services (Zelle)coreTechnology or IntegrationP2P payment integration through Zelle platform enabling fast money transfers between bank accounts using email or mobile numbers. Free for HCBT customers with checking or money market accounts.
• TransUnioncoreTechnology or IntegrationCredit monitoring and scoring partnership powering Credit Sense service. Provides daily credit score access, real-time alerts, and dispute filing capabilities.
• DeluxesupportingChannel Partner/ Reseller/ DistributorCheck reordering service through Deluxe Corporation allowing customers to conveniently reorder checks online without visiting a branch.
• FiservcoreTechnology or IntegrationOnline account opening platform provider powering the bank's digital account opening functionality through originate.fiservapps.com.
• PCI ApplysupportingTechnology or IntegrationPCI DSS compliance service for merchant services customers to help comply with regulatory requirements, protect against data breaches, and avoid fees.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Peoples State Bank (Indiana): Indiana-based community bank offering personal and commercial banking with a relationship-based model. Smaller-scale peer with similar product set and geographic focus inside Indiana.
• Stock Yards Bank & Trust: Kentucky and Indiana-headquartered community bank with trust services and a focus on relationship-based business banking. Directly comparable as a regionally focused community bank offering personal, commercial, mortgage, and wealth services with similar scale.
• Horizon Bank: Indiana and Michigan-based community bank offering personal, business, mortgage, and wealth services. Comparable community-bank product mix and mid-size positioning in adjacent Midwest markets.
• Salin Bank: Indiana-headquartered community bank providing personal, business, mortgage, and treasury services across central Indiana. Comparable community-bank model with similar product breadth and Indiana geographic overlap.
• German American Bank: Indiana-headquartered community bank serving southern Indiana with comparable personal and business banking products, including treasury, lending, and wealth services. Same state, same product mix, similar mid-size community positioning.
• Lake City Bank: Indiana-based community bank (Northwest Indiana) with personal checking, savings, business banking, and commercial lending products. Comparable community-bank model with a multi-branch Indiana footprint.

Broad incumbents

• Old National Bank: Indiana-headquartered regional bank offering personal, business, mortgage, and wealth management across multiple states. Provides direct overlap on commercial and consumer banking products in Hendricks County and broader Indianapolis market.
• Huntington National Bank: Large Midwest regional bank with a strong Indianapolis-area presence offering consumer, business, and wealth services. Competes in the same Hendricks County deposit and small-business market with much larger scale.
• First Merchants Bank: Large Indiana-headquartered community/regional bank serving similar personal and commercial banking segments across the Midwest. Operates broader footprint and product set but competes directly for the same Indiana deposit and loan customers.
• Fifth Third Bank: Large Midwest regional bank with deep Indianapolis-area retail and commercial presence. Provides comparable checking, savings, lending, and merchant products, competing for the same consumer and small-business customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

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 Hendricks County Bank And Trust Company