The 12 closest competitors and alternatives to Palm Grove Bancorp, Inc. among banking & financial services companies — ranked by similarity to what Palm Grove Bancorp, Inc. actually does, not by market-cap band.
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Palm Grove Bancorp, Inc., operating as Grove Bank & Trust, provides personal and business banking, international banking, and wealth management services. It serves individuals and corporate clients primarily in South Florida, offering deposit accounts, loans, trust advisory, and estate planning solutions.
Palm Grove Bancorp, Inc. is a banking & financial services company headquartered in United States. It has raised at least $7.7M across the 2 funding rounds on record. Its most recent funding round raised $7.5M in February 2022. Xcout tracks 15 named people at Palm Grove Bancorp, Inc., including Jose E. Cueto (President & Chief Executive Officer).
9 more named people on record for Palm Grove Bancorp, Inc., with roles, board committees and tenure — see the full roster →
At least $7.7M raised across the 2 rounds on record. Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| SEC Form D filing | $7.5M | — | |
| SEC Form D filing | $250,000 | — |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Ranked by semantic similarity — how close each company is to Palm Grove Bancorp, Inc. by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Banking
Amerant Bancorp Inc. operates as the bank holding company for Amerant Bank, N.A. that provides banking products and services to individuals and businesses in the United States. The company offers checking, savings, business, and money market accounts; cash management services; and certificates of deposit. It also provides variable and fixed rate commercial real estate loans; owner-occupied; single-family residential; commercial; and Loans to financial institutions and acceptances, and consumer loans and overdrafts, such as automobile, personal, or loans secured by cash or securities and revolving credit card agreements. In addition, the company offers trust and estate planning products and services to high net worth customers; brokerage and investment advisory services in global capital markets; retail banking; mortgage; and wealth management and fiduciary services. Further, the company provides debit and credit cards, night depositories, direct deposits, cashier’s checks, safe deposit boxes, letters of credit, wire transfer, remote deposit capture, and automated clearinghouse services; derivative instruments; and online and mobile banking, account balances, statements and other documents, online transfers and bill payment, and electronic delivery of customer statements services, as well as automated teller machines ATM, and banking by mobile devices, telephone, and mail. It also operates banking centers. The company was formerly known as Mercantil Bank Holding Corporation and changed its name to Amerant Bancorp Inc. in June 2019. Amerant Bancorp Inc. was founded in 1979 and is headquartered in Coral Gables, Florida.
Banking
PlainsCapital Bank provides personal and business banking products and services, including checking and savings accounts, loans, mortgages, credit cards, and treasury management. It serves individual consumers, businesses, and specialized industries such as agriculture, healthcare, and real estate, offering additional wealth management and trust services.
Similar banking & financial services company
Safra National Bank provides private banking, corporate banking, and customized financial solutions for high- and ultra-high-net-worth individuals, families, and businesses. Its services include deposit accounts, certificates of deposit, custody services, portfolio and lending solutions, as well as affiliated brokerage, investment advisory, and insurance products.
Similar banking & financial services company
Arbor Bancorp, Inc. is a bank holding company headquartered in Ann Arbor, Michigan. Through its primary subsidiary, the Bank of Ann Arbor, the company offers commercial banking, wealth management, and community financial services.
Banking
Cullen/Frost Bankers, Inc. operates Frost Bank, providing personal, small business, and commercial banking services throughout Texas. The company offers checking and savings accounts, loans, mortgages, insurance, investments, treasury management, and trust services.
Banking
SMBC Trust Bank Ltd. is a Japan-based commercial and trust banking subsidiary of Sumitomo Mitsui Financial Group (SMBC Group). It serves individual and corporate customers with deposit accounts, foreign-currency and international banking services, lending, investment products, and wealth-management services, including services for expatriates and internationally oriented clients.
Similar banking & financial services company
State Bankshares, Inc. operates as a community bank providing personal and business banking products, including checking and savings accounts, loans, mortgages, and credit cards. Additionally, the company offers wealth management, treasury solutions, investment services, and insurance products to individuals and businesses.
Banking
Bank OZK is a financial institution offering a comprehensive range of banking services to both retail and commercial clients. Its deposit offerings encompass a wide array of account types, such as demand deposit accounts (both interest and non-interest-bearing), business sweep, savings, money market, and individual retirement accounts, alongside various time deposit options. Beyond deposits, Bank OZK extends diverse lending solutions. These include financing for real estate, consumers, and businesses, as well as specialized areas like recreational vehicles, marine vessels, commercial & industrial projects, and government-guaranteed loans. The bank also supports agriculture, small businesses, homebuilders, and affordable housing initiatives. Additional financial provisions cover business aviation and subscription-based services, as well as conventional mortgage and other loan products. Furthermore, the institution delivers trust and wealth management services. This encompasses personal wealth planning, custodial arrangements, investment management, and retirement account administration. For corporate clients, it provides essential corporate trust services, acting as a trustee, paying agent, and registered transfer agent, among other related functions. Its suite of treasury management offerings is designed to streamline business operations, featuring services like automated clearing house (ACH) transactions, wire transfers, detailed transaction reporting, wholesale lockbox processing, remote deposit capture, automated credit line transfers, account reconciliation, positive pay fraud prevention, and merchant and commercial card services. It also manages specialized accounts such as zero balance and investment sweep accounts. Customers also benefit from convenient access through ATMs, telephone, online, and mobile banking platforms. The bank issues both debit and credit cards, offers safe deposit boxes, and processes merchant debit and credit card transactions, along with other supplementary products and services. With a history dating back to its founding in 1903, Bank OZK is headquartered in Little Rock, Arkansas. It expanded its footprint to approximately 240 branches across states including Arkansas, Georgia, Florida, North Carolina, Texas, Carolina, California, New York, and Mississippi as of the end of 2021. The institution adopted its current name, Bank OZK, in July 2018, having previously been known as Bank of the Ozarks.
Banking
Washington Trust Bancorp, Inc. functions as the holding company for The Washington Trust Company, delivering a diverse range of banking and financial solutions to individuals and corporate clients. The company is structured into two primary divisions: Commercial Banking and Wealth Management Services. The Commercial Banking division extends a wide array of credit products to businesses and individuals. This includes financing for commercial real estate (like mortgages and construction projects), commercial and industrial ventures, residential properties (such as mortgages and home construction), and various consumer needs, including home equity lines, personal installment loans, and even loans for general aviation aircraft. Alongside lending, it provides a comprehensive suite of deposit options, including interest-bearing and non-interest-bearing checking accounts, savings accounts, money market accounts, retirement accounts, and certificates of deposit. Customers also benefit from modern banking conveniences such as debit cards, ATMs, telephone banking, online and mobile platforms, remote deposit capture, and tailored cash management services. The Wealth Management Services segment delivers specialized financial guidance, encompassing investment management, financial planning, and comprehensive trust and estate services for both individual and institutional clients. These services include acting as a trustee, personal representative, custodian, and guardian, managing the settlement of estates, and offering institutional custody and fiduciary support. Additionally, the company operates as a licensed broker-dealer, making available products like variable annuities and college savings plans. As of December 31, 2021, its physical presence included 10 branch locations across southern Rhode Island, 13 within the broader Providence metropolitan area in Rhode Island, and a single branch in southeastern Connecticut. Established in 1800, Washington Trust Bancorp, Inc. has its headquarters in Westerly, Rhode Island.
Banking
Norwood Financial Corp. functions as the holding entity for Wayne Bank, delivering a comprehensive suite of financial products and services. The institution facilitates a broad array of deposit options, encompassing both interest-bearing and non-interest-bearing checking accounts, alongside statement savings, money market accounts, and certificates of deposit. Its lending portfolio is extensive, featuring commercial loans such as credit lines, revolving credit facilities, term loans, business mortgages, secured lending products, and letters of credit. Norwood also extends financing for municipal projects, construction loans for both commercial developments and single-family homes, and land acquisition loans. Consumer credit and residential mortgage financing for primary and secondary residences are also key offerings. Furthermore, the company engages in indirect dealer financing for automobiles, boats, and recreational vehicles through dealerships. Beyond traditional banking, Norwood provides investment securities services, trust management, and a variety of contemporary cash management solutions. These include direct deposit, remote and mobile deposit capture, mobile payment processing, automated clearing house (ACH) transactions, real estate settlement support, and robust internet and mobile banking platforms. The corporation also diversifies its revenue through the sale of annuities and mutual funds, discount brokerage services, and an insurance agency operation. Catering to a wide client base, Norwood serves individual consumers, corporate entities, non-profit organizations, and local governments. Its operational footprint includes fourteen branch locations throughout Northeastern Pennsylvania and sixteen branches spanning Delaware, Sullivan, Ontario, Otsego, and Yates Counties in New York, supported by thirty-one automated teller machines. Established in 1870, Norwood Financial Corp. maintains its corporate headquarters in Honesdale, Pennsylvania.
Banking
OCBC Bank provides personal banking, business banking, wealth management, and investment services to individuals, small businesses, and large corporations. Operating primarily across ASEAN and Greater China, the company offers accounts, loans, foreign exchange, hedging, and advisory services.
Banking
Truist Bank is a major United States-based financial institution headquartered in Charlotte, North Carolina, offering banking, trust, investment management, and insurance services to millions of clients.
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