Company Profile

Evolve Bank & Trust

Company Type: Financial Services Institution

Location: Memphis, TN

Company Mission:

For a hundred years, Evolve Bank & Trust has been dedicated to delivering superior financial services.

Learn More About Evolve Bank & Trust: A Century of Innovation, Integrity, and Impact

In an era of rapidly shifting financial landscapes, few institutions have not only weathered the test of time but flourished through it. Evolve Bank & Trust, founded in 1925, is one such institution. What began as a local bank supporting agricultural development in eastern Arkansas has transformed into a modern financial powerhouse known for blending traditional banking excellence with cutting-edge technology. With nearly a century of experience and a forward-thinking mindset, Evolve has earned its reputation as a global leader in financial services, a champion of community involvement, and a model of workplace culture and inclusion.

From Regional Roots to a National Footprint

Evolve Bank & Trust’s story starts in the heart of the American South, where it played an essential role in supporting farming towns and local economies. Over the decades, as the financial needs of communities evolved, so too did the bank. Today, Evolve operates as a national institution offering a robust suite of financial services, including Personal and Business Banking, Lending, and one of the most advanced Banking-as-a-Service (BaaS) platforms on the market.

Evolve Bank & Trust’s BaaS capabilities have positioned it at the forefront of the fintech revolution. By partnering with technology platforms, neobanks, and fintech startups, Evolve provides the backend infrastructure that powers innovative digital financial services across the globe. This technological evolution hasn’t gone unnoticed. Nacha has named Evolve a Top 50 ACH Originator, and Tearsheet honored the company as “Partner Bank of the Year.” These accolades underscore Evolve Bank & Trust’s commitment to excellence in payment processing and fintech partnerships, while also cementing its status as a key player in modern finance.

A Culture of Excellence and Recognition

Evolve Bank & Trust’s growth and innovation are matched by its commitment to maintaining a positive and supportive work environment. The bank has been voted a “Top Workplace” every year since 2013—an impressive streak that speaks volumes about its organizational culture. In addition, it has earned a spot on Inc. Magazine’s 5000 List of the fastest-growing private companies, a testament to its scalability, operational efficiency, and leadership.

These honors reflect more than just strong business performance—they reveal a company that values its people. Evolve Bank & Trust’s workplace culture encourages collaboration, continuous learning, and inclusion. Employees are empowered to contribute meaningfully to the company’s mission, and in doing so, they are recognized and rewarded for their efforts. This type of environment not only boosts morale internally but also results in superior service for clients.

Deep Roots in Community Investment

Evolve Bank & Trust goes beyond banking to invest in the communities it serves. The company actively supports a wide range of organizations focused on economic development, education, youth programs, health and human services, arts, and culture. This civic engagement is not just corporate lip service—Evolve Bank & Trust employees regularly volunteer with local nonprofits, committing time and resources to underserved areas.

Some of the notable organizations and events supported by Evolve include Advance Memphis, Boys and Girls Clubs, Habitat for Humanity, the American Heart Association, Coaching for Literacy, the National Civil Rights Museum, and the Downtown Jonesboro Association. From sponsoring school programs like Highland High School Basketball to backing cultural institutions like Opera Memphis and the Dixon Gallery and Gardens, Evolve’s impact is broad and deeply felt.

By supporting such a diverse portfolio of causes, Evolve Bank & Trust ensures that its contributions uplift multiple facets of community life. Whether it’s empowering youth, fostering artistic expression, or supporting economic mobility, Evolve’s community engagement strategy is as comprehensive as it is heartfelt.

Commitment to Diversity and Inclusion

Evolve Bank & Trust understands that a truly modern and effective financial institution must reflect the diversity of the communities and clients it serves. That’s why diversity and inclusion are not buzzwords at Evolve Bank & Trust—they’re deeply embedded in the company’s culture and values.

The bank is dedicated to creating an environment where every employee and customer feels welcomed, valued, and heard. Through initiatives such as employee roundtables, inclusion workshops, and strategic partnerships with organizations promoting equity, Evolve fosters a workplace where different perspectives are not only accepted but celebrated. This commitment extends beyond internal policies, with the company actively working to advance inclusion at local, regional, and even global levels.

By embracing different viewpoints and encouraging the expression of individual identities, Evolve Bank & Trust not only strengthens its internal teams but also builds trust with the broader public.

A Model for the Future of Banking

As the financial services industry continues to undergo profound transformation, Evolve Bank & Trust stands out as a blueprint for what the future of banking should look like—technologically advanced, community-oriented, and driven by purpose. It is rare to find an institution that can seamlessly integrate heritage and innovation, but Evolve manages to do exactly that.

From its award-winning BaaS platform to its grassroots community engagement, Evolve Bank & Trust has carved out a unique and influential role in the banking sector. Its continued recognition by industry leaders, its commitment to diversity and workplace excellence, and its century-long legacy of trust make it a standout institution in every sense.

Whether you’re a business seeking scalable fintech solutions, a community member looking for a bank that gives back, or an employee wanting to join a mission-driven organization, Evolve offers a compelling value proposition. As it moves confidently into its second century, Evolve Bank & Trust is more than just a bank—it’s a catalyst for positive change.