Marquette Bank
Marquette Bank is a privately-held Chicago-area community bank founded in 1945, operating 20 branches and serving individuals, small businesses, and homebuyers with deposit, lending, treasury, and wealth management products under Marquette National Corporation (OTCQX: MNAT).
- Company typePrivate
- Founded1945
- HeadquartersOrland Park, United States
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What Marquette Bank does
Marquette Bank is a privately-held community bank founded on May 12, 1945, headquartered at 6316 South Western Avenue in Chicago, Illinois, and operating 20 retail branches across the Chicago metropolitan area with approximately 350 employees. It is a wholly-owned subsidiary of Marquette National Corporation, which trades on the OTCQX market under ticker MNAT. The bank serves individual consumers, small-to-medium businesses, and homebuyers with a full suite of deposit products (checking, savings, money market, CDs, IRAs), consumer and mortgage loans, commercial and apartment lending, treasury and payment processing solutions, trust and wealth management services, and insurance products offered through partner channels.
The bank's technology stack is built on standard community-banking infrastructure rather than proprietary platforms, including FIS Global for account linking and business remote deposit, Deluxe for check reordering, ELAN for credit card servicing, Zelle for peer-to-peer payments, and the BaZing-powered FunRewards mobile application that delivers debit rewards, referral incentives, cell phone protection, ID theft aid, and roadside assistance. Distribution combines 20 physical branches, dedicated home-financing lending offices, mobile and senior-center banking outreach for the 55+ segment, and digital banking accessed via web and mobile. Marketing is relationship-driven and locally focused — community events, WGN Radio appearances, senior programming, financial education content, and a Refer-A-Friend program.
Revenue is generated primarily through net interest income on a $2.22B asset base funded by $1.77B in deposits; Q1 2026 net interest income was $14.6M, up 21% year-over-year. Secondary revenue streams include debit interchange (FunRewards), treasury management and Positive Pay fees, wealth management and trust commissions, and lending-related fees, partially offset by an equity securities portfolio that generated unrealized holding losses contributing to a $2.86M Q1 2026 net loss. The franchise's competitive positioning rests on 80 years of continuous local ownership, multi-generational customer relationships, and 12 consecutive "Outstanding" Community Reinvestment Act ratings from the Federal Reserve Bank of Chicago, placing the bank in the Top 1% of U.S. banks for community reinvestment leadership.
Marquette Bank firmographics
Firmographics- Name
- Marquette Bank
- Legal name
- Marquette Bank
- Website
- https://emarquettebank.com
- Company type
- Private
- Founded year
- 1945
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Marquette Bank is a privately-held Chicago-area community bank founded in 1945, operating 20 branches and serving individuals, small businesses, and homebuyers with deposit, lending, treasury, and wealth management products under Marquette National Corporation (OTCQX: MNAT).
- Ownership category
- akta.pro rank
Marquette Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Depository Credit Intermediation (5221), Portfolio Management and Investment Advice (523940)
- SIC
- State Commercial Banks (6022), Functions Related To Depository Banking, Nec (6099)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industries
- Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI), Retail Wealth & Bancassurance Distribution (Investment & Insurance via Bank) (FSABAAAJ), SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)
Keywords
Where Marquette Bank is headquartered
LocationHeadquarters
- HQ city
- Orland Park
- HQ country
- United States
- HQ region
- North America
Offices20 records
Markets served
Marquette Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Net Interest Income: Interest income from loans minus interest paid on deposits, which represents the core margin for the bank. Q1 2026 net interest income was $14.6 million, up 21% year-over-year.
- Non-Interest Income: Fees, commissions, and other banking service charges including trust services, wealth management, and loan-related fees.
- FunRewards Debit Card Program Costs: Debit card rewards program that earns interchange revenue but creates program costs through point redemptions.
- Securities Gains/Losses: Realized and unrealized gains/losses on marketable equity securities portfolio, which has impacted profitability (contributing to Q1 2026 loss of $2.86M due to unrealized holding losses).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Debit Card Rewards - 4,000 Points |
| Transaction based/ take rate | Monthly | Debit Card Rewards - 6,000 Points |
| Transaction based/ take rate | Monthly | Debit Card Rewards - 12,000 Points |
| Transaction based/ take rate | Monthly | Debit Card Rewards - 16,000 Points |
| Transaction based/ take rate | Monthly | Debit Card Rewards - 20,000 Points |
| Transaction based/ take rate | Pay-as-you-go | Referral Rewards |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Marquette Bank product offering
Product offeringCore offering
Marquette Bank is a community bank offering retail banking, real estate lending, trust services, investment management, and business banking to individuals and small-to-medium businesses across Chicagoland. Core products include personal and business checking/savings accounts, CDs, IRAs, credit cards, mortgages, commercial and apartment loans, treasury solutions, wealth management, and insurance services distributed through 20 branches and digital channels.
Product overview
Marquette Bank operates as a community bank offering a comprehensive suite of banking products organized around personal banking, business banking, home financing, and financial management services. The core product portfolio centers on deposit accounts (checking, savings, CDs, IRAs), lending products (consumer, mortgage, commercial), and card services. Key branded programs include the FunRewards Program (combining Debit Card Rewards, Referral Rewards, and App Rewards powered by BaZing), the Marquette Club senior program, and the Marquette Neighborhood Commitment community initiative. Digital banking capabilities include mobile banking with check deposit, Zelle peer-to-peer payments, and online banking. Business services encompass treasury solutions, payment processing (via Ironwood and TransLink partnerships), commercial lending, and apartment lending. Financial management services include trust and investment management through Marquette Wealth Management and insurance products through Marquette Insurance Services partnerships.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Checking
Quantifiable outcome
- 12 consecutive Outstanding CRA Ratings from Federal Reserve Bank of Chicago
- +4 more outcomes
Companies that use Marquette Bank
Customer profileNamed customers8 records
Segments5 records
Ideal customer profiles4 records
Marquette Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
Marquette Bank partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- IronwoodcorePartnership for payment processing solutions delivering customized solutions and expert support to local businesses.
- FHLBank ChicagocoreCommunity First Developer Program grant partner advancing affordable housing development and career pathways on Chicago's southwest side through Southwest Organizing Project.
- ReferLivecoreReferLive Refer-A-Friend Checking Account Offer program administered by CustomerStream, Inc. on behalf of Marquette Bank. Enables referral rewards of $50 Visa Reward Cards for both referrer and referred friend.
- BaZing (powered by StrategyCorps)coreFunRewards App powered by BaZing provides shopping discounts, cell phone protection, ID theft aid, and 24/7 roadside assistance. Program administered by StrategyCorps on behalf of Marquette Bank.
- Toy Box ConnectionminorGiving Tuesday partner connecting those that have with those that need. Marquette Bank participates in annual WGN Radio interviews to support their mission.
- Greater Southwest Development CorporationminorCommunity development nonprofit partner on Chicago's southwest side. Featured in WGN Radio Giving Tuesday interviews.
- BEDS Plusminor$80,000 donation recipient transforming a former Southwest Side motel into dignified transitional shelter for individuals, families, and people with disabilities.
- PODERminorCommunity partner empowering adults to create successful and fulfilling lives through education and workforce development. Featured in WGN Radio Giving Tuesday interviews.
- Early Warning Services (Zelle)coreZelle network partner enabling customers to send money to almost anyone with a U.S. bank account via email or mobile number. Money moves directly between accounts within minutes.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
Marquette Bank competitors and assessment
Company assessmentBroad incumbents
- Old National Bank (formerly First Midwest): Large super-regional bank with deep Chicago-area footprint following First Midwest acquisition. Comparable in commercial and consumer banking products but materially larger scale and broader geographic reach.
- JPMorgan Chase (Chicagoland retail): National mega-bank with dominant Chicago retail and business banking presence. Not a same-size peer but the primary competitive incumbent in the same geography, defining competitive pricing and digital experience benchmarks.
Regional players
- Libertyville Savings Bank: Mutual savings institution operating in Lake County, Illinois. Comparable scale and retail/community deposit focus, though operating in a different sub-market of the Chicago metro.
- First Savings Bank of Hegewisch: Chicagoland-area savings institution offering deposits, lending, and community banking. Comparable in community bank model and deposit-focused franchise in nearby Chicago neighborhoods.
Direct peers
- Wintrust Community Banks: Chicago-area community banking franchise with multiple community-branded charters across the metro. Closely comparable in local-relationship banking model, SBA and commercial lending focus, and emphasis on community reinvestment in Chicagoland.
- Busey Bank: Midwest community bank with operations in Illinois offering retail, business, and wealth management banking. Comparable asset size range, similar community-bank product set, and overlapping presence in Illinois metropolitan markets.
- First Bank of Highland Park: Suburban Chicago community bank focused on personal and business banking. Comparable size and product mix, with similar community-bank value proposition in the Chicagoland suburbs.
- Byline Bank: Chicago-based community bank serving small businesses and consumers across the metro area. Directly comparable to Marquette in geographic focus, customer segments (SMB and retail), and product mix including deposits, commercial lending, and mortgage.
- Inland Bank and Trust: Illinois-chartered community bank serving consumers and businesses across suburban Chicago. Directly comparable in scale, geography, and full-service community banking model.
- West Suburban Bank: Family-owned community bank headquartered in DuPage County serving western Chicagoland suburbs. Comparable community-bank franchise, deposit and lending products, and locally owned governance model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Marquette Bank social profiles
Digital presenceMarquette Bank compliance and trust
Trust signalCompliance10 records
Marquette Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Marquette Bank leadership team
Management profileNumber of profiles
Profiles13 records
Marquette Bank subsidiaries and ownership
Company hierarchySubsidiaries1 record
Marquette Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Marquette Bank M&A and investment
M&A and investmentM&A1 record
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Marquette Bank
What does Marquette Bank do?
Marquette Bank is a community bank offering retail banking, real estate lending, trust services, investment management, and business banking to individuals and small-to-medium businesses across Chicagoland. Core products include personal and business checking/savings accounts, CDs, IRAs, credit cards, mortgages, commercial and apartment loans, treasury solutions, wealth management, and insurance services distributed through 20 branches and digital channels.
Is Marquette Bank a public or private company?
Marquette Bank is a private company. It is classified as family owned and is currently operating.
When was Marquette Bank founded?
Marquette Bank was founded in 1945. It employs 251 to 500 people.
Where is Marquette Bank based?
Marquette Bank is headquartered in Orland Park, United States, in the North America region.
How does Marquette Bank make money?
Four revenue lines are on record. Net Interest Income is the primary driver. The others are non-Interest Income, funRewards Debit Card Program Costs and securities Gains/Losses.
Who are Marquette Bank's main competitors?
Broad incumbents on record are Old National Bank (formerly First Midwest) and JPMorgan Chase (Chicagoland retail). Regional players are Libertyville Savings Bank and First Savings Bank of Hegewisch. Direct peers are Wintrust Community Banks, Busey Bank, First Bank of Highland Park, Byline Bank, Inland Bank and Trust and West Suburban Bank.
Does Marquette Bank have an API?
No public API is recorded for Marquette Bank.
What industry is Marquette Bank in?
Marquette Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABAAAI, Small Business Banking (Microbusiness/Sole Proprietor). Its NAICS code is 5221 and its SIC code is 6022.