Sabine State Bank

Mansfield, United States Founded: 1901 • Age: 125 yrs Acquired By TDECU
Commercial banking services are provided to businesses and individuals.
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About Sabine State Bank

Sabine State Bank is a company based in Mansfield (United States) founded in 1901 was acquired by TDECU in May 2024.. Sabine State Bank offers products and services including Mobile Banking App, Personal Banking, Business Banking, and Lending Services. Sabine State Bank operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.

  • Headquarter Mansfield, United States
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Sabine Bank And Trust Company
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $50 M (USD), Debt – Conventional

    Feb 11, 2021

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    TDECU

    (May 01, 2024)

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Products & Services of Sabine State Bank

Sabine State Bank offers a comprehensive portfolio of products and services, including Mobile Banking App, Personal Banking, Business Banking, and Lending Services. 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.

Primary

Application for secure mobile banking and transactions

Services for individual accounts and daily financial needs

Tools for business accounts and lending support

Loans and financial assistance for personal and business clients

Funding Insights of Sabine State Bank

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $50.0M
  • First Round

    (11 Feb 2021)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2021 Amount Debt – Conventional - Sabine State 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 Sabine State Bank

Sabine State Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include TDECU. 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.

All
Institutional
Investor Description Founded Year Domain Location
Provides checking, savings, loans, credit cards, and mortgages to members.
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 Sabine State Bank

Investments
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 - Sabine State Bank

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Sabine State Bank Comparisons

Employees
+
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Competitors of Sabine State Bank

Sabine State 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
Commercial banking services are provided across the United States.
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 Sabine State Bank

Frequently Asked Questions about Sabine State Bank

When was Sabine State Bank founded?

Sabine State Bank was founded in 1901 and raised its 1st funding round 120 years after it was founded.

Where is Sabine State Bank located?

Sabine State Bank is headquartered in Mansfield, United States. It is registered at Mansfield, Ohio, United States.

Who is the current CEO of Sabine State Bank?

Lee McCann is the current CEO of Sabine State Bank.

What does Sabine State Bank do?

Sabine State Bank was established in 1901 and is headquartered in Mansfield, United States. Operations are focused on commercial banking within the financial sector, where deposit accounts, loans, and related services are offered to customers. The bank serves regional communities through its domain, sabinebank.com, and is led by CEO and President Lee McCann. Standard regulatory compliance is maintained for all activities.

Who are the top competitors of Sabine State Bank?

Sabine State Bank's top competitors include Truist, Investec and Citi.

What products or services does Sabine State Bank offer?

Sabine State Bank offers Mobile Banking App, Personal Banking, Business Banking, and Lending Services.

Who are Sabine State Bank's investors?

Sabine State Bank has 1 investor. Key investors include TDECU.

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