Simmons Bank

Commercial bank · Pine Bluff, United States

Simmons Bank was founded in Pine Bluff, Arkansas in 1903 and is the main subsidiary of Simmons First National Corporation, listed on Nasdaq as SFNC. At 30 June 2026 it held USD 24.73 billion of assets and USD 19.93 billion of deposits across 229 offices in Arkansas, Kansas, Missouri, Oklahoma, Tennessee and Texas. For companies it sells business checking, commercial lending, a Visa Business Advantage Rewards card, Visa Spend Clarity for Enterprise expense management and treasury management built around liquidity and cash-flow reporting. Everything is domestic and dollar denominated; the site describes no foreign currency account, no trade finance and no international collection product.

Legal name: Simmons Bank
Regulated by: Federal Reserve, FDIC, Arkansas State Bank Department
Licence confirmed: yes, on a regulator's own list
Established: 1903
Website: www.simmonsbank.com

Scores, 0 to 10

7.0Financial strength & stability

USD 3.24 billion of equity on USD 24.73 billion of assets at 30 June 2026 with a Nasdaq listing and S&P 600 membership, though return on equity is a modest 9.24 percent. · source

6.5United States

Arkansas state charter with 229 offices in six states and USD 24.73 billion of assets at 30 June 2026, with a full business deposit, lending, card and treasury line. · source

6.0Business cards (Visa, Mastercard)

A Visa Business Advantage Rewards card plus Visa Spend Clarity for Enterprise gives receipt capture and spending insight, though no virtual cards or issued-in-minutes flow is described. · source

5.0On-ramp: buy crypto with fiat

Evidence is thin: the business account terms restrict only unlawful internet gambling transactions and say nothing on crypto exchanges, and no reports of blocked exchange transfers at Simmons were found, checked September 2026. · source

5.0Off-ramp: crypto to fiat in a business account

Evidence is thin: the business account terms publish no source-of-funds rule for crypto proceeds and no reports of returned exchange wires at Simmons were found, checked September 2026. · source

4.5Best interest on business balances

Business savings and money market accounts exist but no business deposit rate is published on the business pages. · source

4.5Fast digital onboarding

Business account opening runs through branches and bankers rather than a completed online application. · source

4.5Customer satisfaction

The CFPB recorded 69 complaints against Simmons First National Corporation in the year from 1 September 2025, which is low for its size, but Trustpilot has no reviews at all for simmonsbank.com. · source

4.0Cross-border payments, FX and multi-currency accounts

Dollar accounts only; no foreign currency account, no published FX margin and no international payments product on the business pages. Treasury management is described around liquidity, operational efficiency and information reporting, with Visa Spend Clarity for Enterprise for card spend, but single currency and no cross-border pooling. · source

4.0Lowest fees

Business checking is presented through a product chooser and a banker; no monthly fee or transaction price list is published openly. · source

4.0Online businesses: e-commerce and SaaS

Merchant services and business cards are available, but there is no multi-currency collection account and no marketplace payout product. Card spend management and treasury reporting exist, but there is no API, no foreign receiving account and no recurring-revenue lending. · source

3.5Startups & VC-backed companies

Small business banking is offered, but there is no venture debt, no pre-revenue path and no startup programme. · source

3.0Crypto-friendly bank

The business section publishes no policy on cryptocurrency businesses and lists no digital-asset service. · source

3.0High-risk verticals (iGaming, cannabis, adult, forex)

The bank publishes no prohibited-activities list and says nothing about gambling, cannabis, adult or forex clients. · source

2.5Fintech companies that need a partner bank

No safeguarding accounts, BIN sponsorship or agency banking offer for payment companies appears on the site. · source

2.5Trade, manufacturing & import-export

No letters of credit, guarantees or supply-chain finance are published in the business or commercial sections. · source

2.5Foreign-owned & non-resident companies

Nothing on the site offers remote onboarding for owners living abroad; accounts open through branches in six states. · source

1.0Crypto wallet and custody for a business

Simmons Bank's business section lists checking, lending, treasury management and merchant services with no crypto custody or wallet for any client, checked September 2026. · source

1.0Accept crypto payments

Receivables and merchant services on the business pages cover cards, ACH and lockbox with no crypto or stablecoin acceptance, checked September 2026. · source

1.0Bitcoin

No bitcoin buying, holding or transfer is offered by Simmons Bank to business clients, checked on its business pages September 2026. · source

1.0Ethereum

No ether product is offered by Simmons Bank to business clients, checked on its business pages September 2026. · source

1.0Stablecoins (USDC, USDT and others)

No stablecoin accounts, payouts or settlement role at Simmons Bank; a March 2026 interview with its chief deposit officer discusses digital payments in general terms only. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.