# NBKC Seeks Approval to Take Over LSBX Consumer Banking Programs

The proposed transfer of Lincoln Savings Bank’s consumer-focused banking-as-a-service portfolio is expected to close in early 2027, subject to approval.

By Will Langan | 24X7 News
Published: 2026-10-30T15:08:59.551Z
Updated: 2026-10-30T15:08:59.551Z
Section: Money
Format: News
Canonical: https://24x7news.us/articles/nbkc-lsbx-consumer-banking-portfolio-agreement-2026

NBKC Bank announced October 30 that it filed an application with the Federal Deposit Insurance Corporation to assume the consumer-focused banking-as-a-service portfolio of LSBX, a division of Lincoln Savings Bank.

The bank said the transaction is expected to close in early 2027, subject to regulatory approval. Financial terms were not disclosed. The application and agreement do not mean the portfolio transfer has already been completed.

NBKC expects to integrate the offering into its existing banking-as-a-service operation under the NBKC brand. The announcement follows September’s proposed merger of Lincoln Savings Bank parent Lincoln Bancorp into Equity Bancshares.

Banking-as-a-service arrangements let financial-technology companies offer products through a partner bank. Customers generally use the fintech company’s application while accounts are held at the bank, according to the announcement’s description.

NBKC reported approximately 13 fintech relationships, 3.6 million banking-as-a-service customers and 30 employees dedicated to that business. Those figures describe NBKC’s existing operation, rather than the number of accounts included in the proposed LSBX transfer.

The company said the transaction would expand that business and its deposit base.

Sources: NBKC Bank transaction announcement, October 30, 2026.

## Sources
- NBKC Bank: LSBX Consumer Portfolio Agreement and FDIC Application: https://www.prnewswire.com/news-releases/nbkc-bank-announces-agreement-to-assume-consumer-baas-programs-of-lsbx-a-division-of-lincoln-savings-bank-302924452.html