Review 6 listed banks profiles associated with Springfield, Missouri.
Missouri allows payday lending with relatively permissive regulations including up to 6 renewals. The fee cap of 75% of the loan amount results in very high effective APRs. The Division of Finance regulates consumer lenders, and complaints can be filed with the Division or the Attorney General.
Arlo Bank is a community bank based in Springfield, MO offering checking, savings, business loans, and mobile banking with no monthly service fees and refunded ATM surcharges.
Profile signals: Individuals in Springfield, MO seeking fee-free checking with mobile banking and check deposit, Small business owners looking for relationship banking with business loan access
FDIC-insured community bank offering personal checking, savings, business banking, CDs, and loans with 14 physical locations and 37,000+ ATM access.
Profile signals: Small business owners and entrepreneurs seeking local, personalized banking relationships, Customers in Missouri seeking FDIC-insured deposits with physical branch access
Mid-Missouri Bank is a community bank serving Southwest Missouri with 150+ years of history, offering personal and business banking, mortgages, and loans from multiple locations.
Profile signals: Southwest Missouri residents seeking personalized, community-focused banking with local loan officers, Small business owners and agricultural operations needing listed lending products and merchant services
Regional FDIC-insured bank operating across Missouri, Kansas, and Colorado with personal and business checking, loans, mortgages, and digital banking services.
Profile signals: Customers in Missouri, Kansas, or Colorado seeking relationship-based community banking, Small business owners needing personalized commercial banking and credit card services
FDIC-insured bank offering high-yield CDs (up to 4.25% APY), checking/savings accounts, home loans, business loans, and treasury services with both digital and branch-based service.
Profile signals: Savers seeking high-yield FDIC-insured CDs with flexible short-to-medium term options, Homebuyers in the bank's service area wanting personalized mortgage guidance and local experience context
State Bank of Southwest Missouri is a community bank established in 1985 offering personal and business banking, mortgages, and investment services with emphasis on personalized local service.
Profile signals: Local Springfield-area residents seeking personalized relationship banking, Small business owners needing local decision-makers and business banking services