About Heritage Bank
Heritage Bank is a company based in Loose Creek (United States) founded in 1955 was acquired by VyStar Credit Union in March 2021.. Heritage Bank offers products and services including Checking Accounts, Savings Accounts, Loans and Credit Cards, and Online Banking. Heritage Bank operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.
- Headquarter Loose Creek, United States
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$125 K (USD), Post-IPO
Jan 04, 2018
-
Investors
VyStar Credit Union
& 1 more
-
Employee Count
Employee Count
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Heritage Bank
Heritage Bank offers a comprehensive portfolio of products and services, including Checking Accounts, Savings Accounts, Loans and Credit Cards, and Online Banking. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Accounts for everyday transactions and payments
Accounts to save money with interest earnings
Services for borrowing and credit needs
Platform for remote account management and transfers
Funding Insights of Heritage Bank
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $125,000
-
First Round
First Round
(28 Jul 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Post-IPO - Heritage Bank | Valuation |
investors |
|
| Sep, 2017 | Amount | Post-IPO - Heritage Bank | Valuation |
investors |
|
| Jul, 2014 | Amount | Post-IPO - Heritage Bank | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Heritage Bank
Heritage Bank has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include VyStar Credit Union and Old Second. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Credit Union
|
Founded Year | Domain | Location | |
|
Commercial bank
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Heritage Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Heritage Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Heritage Bank Comparisons
Competitors of Heritage Bank
Heritage Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, Investec, Equity Bank, Citi and KeyBank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wealth advisory and banking services are offered to clients.
|
|
| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses and individuals.
|
|
| domain | founded_year | HQ Location |
Diversified financial services are offered through commercial banking operations.
|
|
| domain | founded_year | HQ Location |
Regional bank
|
|
| domain | founded_year | HQ Location |
Diversified financial services are offered through commercial banking operations.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Heritage Bank
Frequently Asked Questions about Heritage Bank
When was Heritage Bank founded?
Heritage Bank was founded in 1955 and raised its 1st funding round 59 years after it was founded.
Where is Heritage Bank located?
Heritage Bank is headquartered in Loose Creek, United States. It is registered at Loose Creek, Missouri, United States.
Who is the current CEO of Heritage Bank?
Peter Lock is the current CEO of Heritage Bank.
What does Heritage Bank do?
Heritage Bank was established in 1955 as a commercial bank based in Loose Creek, United States. Operations focus on standard banking activities, including deposit accounts, loans, and financial transactions for businesses and individuals. Services are delivered primarily within the local region, supporting community-based economic needs. The institution is led by CEO Peter Lock, with emphasis placed on reliable financial intermediation in the banking sector.
Who are the top competitors of Heritage Bank?
What products or services does Heritage Bank offer?
Heritage Bank offers Checking Accounts, Savings Accounts, Loans and Credit Cards, and Online Banking.
Who are Heritage Bank's investors?
Heritage Bank has 2 investors. Key investors include VyStar Credit Union, and Old Second.