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22nd State Bank Taps Onsetto to Simplify Business Banking Transitions

22nd State Banking Company partners with Onsetto to deploy SwitchAssist, simplifying business banking transitions and helping customers move deposits, payables, and payroll.

This partnership signals a shift in how banks approach business customer onboarding. Traditionally, banks focus on account opening, but the real value lies in becoming the primary operating bank. By removing the friction of switching financial activity, 22nd State Banking Company and Onsetto are helping businesses more fully integrate with their new bank, which can lead to stronger, more stable relationships. For businesses, this means less downtime and fewer headaches when changing banks, allowing them to focus on operations. For banks, it means higher deposit retention and increased treasury service adoption. As digital transformation accelerates, such solutions could become essential for community and regional banks seeking to compete with larger institutions. This news matters because it demonstrates how technology can preserve personal service while making complex processes seamless, ultimately benefiting both businesses and financial institutions.