nbkc Bank to Assume LSBX Consumer BaaS Programs Pending FDIC Approval

nbkc bank announced on Oct 30, 2026, that it has agreed to assume the consumer-focused Banking-as-a-Service portfolio maintained by LSBX, Lincoln Savings Bank's BaaS division. The bank filed an application with the FDIC to complete the transaction, which is expected to close in early 2027. Terms were not disclosed.

The deal follows a September announcement that Lincoln Savings Bank parent Lincoln Bancorp will merge with Equity Bancshares, Inc. nbkc president and CEO Michael Bartkoski said the LSBX offering will be merged into nbkc's BaaS business and go to market under the nbkc brand. Lincoln Savings Bank CEO Sean Willett called nbkc "an excellent successor" for LSBX customers. The transaction will expand nbkc's BaaS business and overall deposit base.