“Can a de novo community bank, built on modern core technology and elite banker talent, scale across multiple regional markets faster than legacy regional banks consolidate?”
Capra Bank is a de novo community bank founded in 2022 by Tut Fuller, formerly a regional president at HTLF. The thesis is a technology-enabled community bank serving commercial, private, and retail clients across mid-sized markets in the Midwest and Mountain West. Growth has come via organic expansion into Iowa, Texas, New Mexico, and Idaho rather than M&A, positioning the bank as an insurgent community-bank platform rather than an embedded-finance / BaaS player.
Capra Bank discloses Capra Bank (in-house) and fiserv as its banking providers, according to the Embedded Finance Index 2026.
Capra Bank does not disclose a bank charter of its own; its banking services are provided through Capra Bank (in-house) and fiserv.
Capra Bank's cards run on Visa and Mastercard.
Capra Bank's lending and capital products are provided by Capra Bank (in-house).
Capra Bank runs its ledger on Fiserv.
The Embedded Finance Index 2026 maps 5 layers in Capra Bank's stack: Banking / BaaS (Capra Bank (in-house) and fiserv); Card network (Visa and Mastercard); Ledger (Fiserv); Lending (Capra Bank (in-house), Commercial Term Loans, Commercial Lines of Credit, Real Estate Loans and 5 others); Spend / AP (Zact).
Capra Bank was founded by L.H. "Tut" Fuller, M.D. and is founded in 2022, headquartered in Dubuque, Iowa, USA.
Get a read on where your own stack stands against Capra Bank and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.