About Legacy Bank and Trust
Legacy Bank and Trust is a company based in Springfield (United States) founded in 1907 was acquired by Southern Bancorp in June 2025.. Legacy Bank and Trust has completed 2 acquisitions, including Crain Mortgage Group and First National Bank of Clinton. Legacy Bank and Trust offers products and services including Personal Checking, Business Loans, Personal Savings, Cash Management, and Retirement Accounts. Legacy Bank and Trust operates in a competitive market with competitors including Truist, First Republic Bank, Investec, UniCredit and Equity Bank, among others.
- Headquarter Springfield, United States
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Legacy Bank & Trust Company
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Crain Mortgage Group
& 1 more
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Acquired by
Southern Bancorp
(Jun 02, 2025)
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Products & Services of Legacy Bank and Trust
Legacy Bank and Trust offers a comprehensive portfolio of products and services, including Personal Checking, Business Loans, Personal Savings, Cash Management, and Retirement Accounts. 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.
Account for everyday personal transactions and deposits
Financing options for business growth and operations
High-yield accounts for individual savings accumulation
Tools for efficient business fund handling and transfers
Accounts to support long-term personal retirement planning
Solutions for business payment processing and card services
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Funding Insights of Legacy Bank and Trust
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Legacy Bank and Trust
Legacy Bank and Trust has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Southern Bancorp. 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 |
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Commercial banking services are provided across the United States.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Legacy Bank and Trust
Legacy Bank and Trust has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Crain Mortgage Group and First National Bank of Clinton. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of mortgage guarantee services
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2009 | ||||
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Commercial banking services are provided to clients in Clinton.
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1945 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Legacy Bank and Trust
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Legacy Bank And Trust Comparisons
Competitors of Legacy Bank and Trust
Legacy Bank and Trust 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, First Republic Bank, Investec, UniCredit and Equity Bank, 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.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses and individuals.
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| domain | founded_year | HQ Location |
Regional bank
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Legacy Bank And Trust
Frequently Asked Questions about Legacy Bank and Trust
When was Legacy Bank and Trust founded?
Legacy Bank and Trust was founded in 1907.
Where is Legacy Bank and Trust located?
Legacy Bank and Trust is headquartered in Springfield, United States.
Who is the current CEO of Legacy Bank and Trust?
John Everett is the current CEO of Legacy Bank and Trust.
What does Legacy Bank and Trust do?
Legacy Bank and Trust was established in 1907 in Springfield, United States, as a commercial bank. Deposits, loans, and trust management are handled for corporate and personal clients. Operations center on regional financial needs, with oversight by CEO and President John Everett. The institution maintains its online presence through legacybankandtrust.com, supporting standard banking functions in the local economy.
Who are the top competitors of Legacy Bank and Trust?
What products or services does Legacy Bank and Trust offer?
Legacy Bank and Trust offers Personal Checking, Business Loans, Personal Savings, Cash Management, and 2 more products and services.
How many acquisitions has Legacy Bank and Trust made?
Legacy Bank and Trust has made 2 acquisitions, including Crain Mortgage Group, and First National Bank of Clinton.
Who are Legacy Bank and Trust's investors?
Legacy Bank and Trust has 1 investor. Key investors include Southern Bancorp.