Small Business Bank is headquartered in Gardner and is the 147th largest bank in the state of Kansas. It is also the 4,622nd largest bank in the nation. It was established in 1984 and as of September of 2016, it had grown to 23 employees at 3 locations. Small Business Bank has a B+ health rating.
This bank is also DBA smallbusinessbank.com. They offer free checking, free debit card, and free remote deposit. Free remote deposit allows you to deposit checks remotely. I have not yet found another bank that offers similar service without a fee. Also, this bank, being a small bank, offers very friendly services. Employees are very friendly and very helpful. I have been with them for a little less than a year, but I highly recommend their service. I live in California, but I have no problem using their banking service.
I love the account features like no minimums, phone deposit, no fees, high deposit limits.
Unfortunately, their technology platform is really bad. Apps for Android are very buggy. The web site does not show recent deposits. History is difficult to access. Bank security incompatible with Mint.
Build a better web site and get a Windows 10 universal app, and this 2 star rating becomes a 5. My needs are very simple. It will not take a big investment. Technology is the only thing lacking, but it is really badly lacking.
|FDIC Certificate #||25744|
|Return on Assets - YTD||0.39%|
|Return on Equity - YTD||4%|
|Annual Interest Income||$2.4MM|
|Assets and Liabilities|
|Assets||Q3 2016vs Q3 2015||$88.1MM$100.2MM|
|Loans||Q3 2016vs Q3 2015||$53.8MM$53.3MM|
|Deposits||Q3 2016vs Q3 2015||$73.6MM$85.5MM|
|Equity Capital||Q3 2016vs Q3 2015||$9.6MM$9.2MM|
|Loan Loss Allowance||Q3 2016vs Q3 2015||$856.00K$886.00K|
|Unbacked Noncurrent Loans||Q3 2016vs Q3 2015||$37.00K$441.00K|
|Real Estate Owned||Q3 2016vs Q3 2015||$63.00K$653.00K|
Always verify rates and promotions with the bank or credit union. We are not Small Business Bank; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|0.99%*||$100k*||-||High Yield Business Savings|
|OTHER TIERS: 0.49% → $100 - $100k|
|OTHER TIERS: 0.11% → Up to $2,500 | 0.31% → $2,500 - $25k|
|Small Business Bank Locations|
|Lenexa Branch||13423 West 92nd Street||Lenexa, KS 66215|
|Gardner Bank||840 East Main Street||Gardner, KS 66030|