Fahey Banking Company
Fahey Banking Company is a privately held community bank founded in 1863 in Marion, Ohio. It offers personal and business banking — including deposit accounts, mortgages, commercial real estate, SBA financing, and digital banking — to consumers and small businesses across Central Ohio.
- Company typePrivate
- Founded1863
- HeadquartersMarion, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Fahey Banking Company does
Fahey Banking Company is a privately held community bank founded in 1863 in Marion, Ohio, operating under the legal name The Fahey Banking Company. The bank serves individual consumers and small-to-medium businesses across Central Ohio through three physical locations (two branches in Marion and a Columbus loan office at 445 Hutchinson Avenue) supplemented by digital and telephone banking channels. Its product portfolio spans personal deposit accounts (Fahey Free Checking, Relationship Checking, Next Generation Checking, Money Market Checking, Regular Savings, Christmas Club, CDs, and Traditional and Roth IRAs), personal lending (home mortgages, HELOCs, auto loans, personal term loans, and credit cards issued through Elan Financial Services), and a full suite of business banking services including business checking and savings, commercial real estate loans, Fannie Mae DUS loans, HUD Section 221(d)(4) financing, SBA 504/7a loans, business lines of credit, business term loans, ACH origination, and remote deposit capture. Technology delivery is built on a standard digital banking platform with iOS and Android mobile apps, online banking with bill pay, mobile deposit, P2P transfers, eWallet support, and 24/7 automated telephone banking.
The bank earns revenue primarily through net interest income from its loan portfolio (mortgages, commercial real estate, SBA, business lines of credit, HELOCs, auto, and personal loans) and through deposit-related fees (monthly service fees, overdraft/Bounce Protection fees at $33 per item, and account maintenance). Pricing is structured as small-ticket, standardized retail and SMB offerings with fee waivers tied to balance thresholds or eStatement enrollment. Distribution is direct-to-consumer via branches, digital self-service, telephone banking, and a focused outbound commercial lending team that has expanded coverage into Cleveland/Akron and Cincinnati. Strategic positioning emphasizes local decision-making, 160+ years of community presence, and "100% of business lending to small businesses" as differentiation from mega-banks. No AI/ML capabilities, public filings, or revenue disclosures are present in the source data.
Fahey Banking Company firmographics
Firmographics- Name
- Fahey Banking Company
- Legal name
- The Fahey Banking Company
- Website
- https://faheybank.bank
- Company type
- Private
- Founded year
- 1863
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Fahey Banking Company is a privately held community bank founded in 1863 in Marion, Ohio. It offers personal and business banking — including deposit accounts, mortgages, commercial real estate, SBA financing, and digital banking — to consumers and small businesses across Central Ohio.
- Ownership category
- akta.pro rank
Fahey Banking Company industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- State Commercial Banks (6022), Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industries
- Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB), Real Estate (Commercial Property, REITs) (FSABACAH), Credit Cards & Revolving Credit (FSABAAAC)
Keywords
Where Fahey Banking Company is headquartered
LocationHeadquarters
- HQ city
- Marion
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Fahey Banking Company business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Interest Income from Lending: Primary revenue from interest charged on loans including mortgages, commercial real estate loans, personal loans, auto loans, HELOCs, and business loans. Interest rates vary by product type and borrower qualifications.
- Deposit Account Fees: Monthly service fees for checking and savings accounts, often waived with minimum balances or eStatements. Fee income from account maintenance and basic banking services.
- Overdraft and Bounce Protection Fees: Fees charged for overdraft coverage services including $33 Overdraft Item Fee per item covered. Limits of $500 for personal and $1,000 for business accounts.
- Certificate of Deposit Investments: Fixed-rate CD products with terms from 6 months to 5 years. Interest paid to depositors; bank uses deposits for lending operations. Special rates offered for promotional periods.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Fahey Free Checking - Basic checking with free eStatements |
| Subscription | Monthly | Relationship Checking - Enhanced checking with ATM benefits |
| Subscription | Monthly | Next Generation Checking - For young adults with no overdraft |
| Subscription | Monthly | Money Market Checking - Interest-bearing with balance requirements |
| Subscription | Monthly | Regular Savings - Basic savings account |
| One time/ perpetual license | Pay-as-you-go | Certificates of Deposit - Fixed-rate term investments |
| One time/ perpetual license | Pay-as-you-go | CD Special - Promotional 1-year CD rate |
| Subscription | Annual | Individual Retirement Accounts (Traditional and Roth IRA) |
| Subscription | Monthly | Basic Business Solution Checking - Small business checking |
| Subscription | Monthly | Regular Business Checking - Higher volume business checking |
| Subscription | Monthly | Business Savings - Business savings with interest |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
Fahey Banking Company product offering
Product offeringCore offering
Fahey Banking Company is a community bank that provides personal and business banking products from deposit accounts (checking, savings, CDs, IRAs) to lending products (mortgages, auto loans, personal loans, commercial real estate loans, SBA loans, HELOCs, business lines of credit). The bank supports these products with digital banking (online and mobile), telephone banking, ACH services, and remote deposit capture for business customers. Service is delivered through branches in Marion and Columbus, Ohio, serving the Central Ohio market.
Product overview
Fahey Banking Company is a community bank founded in 1863, serving Central Ohio from Marion with additional locations in Columbus and Cleveland. The company offers a unified portfolio of personal and business banking products centered around deposit accounts (checking, savings, CDs, IRAs), lending products (mortgages, home equity, auto loans, personal loans, commercial real estate, SBA loans), and digital banking services. The core offering consists of traditional banking products organized into Personal Banking (checking accounts including Fahey Free Checking, Relationship Checking, Next Generation Checking, and Money Market Checking; savings products including Regular Savings, Christmas Club, and IRAs; and lending products including home mortgages, HELOCs, auto loans, and personal loans) and Business Banking (business checking accounts, business savings and CDs, commercial real estate loans, Fannie Mae and HUD financing programs, business lines of credit, SBA loans, and business credit cards). Supporting services include Digital Banking with mobile apps, Telephone Banking, Bounce Protection overdraft coverage, ACH Services, and Remote Deposit Capture. The bank differentiates through local decision-making, the Fahey FastPay early direct deposit feature, and community engagement programs.
Differentiator
Problem solved
Functional benefit
Products and services
- Fahey Free Checking
- Relationship Checking
- Next Generation Checking
- Money Market Checking
- Health Savings Account (HSA)
- Regular Savings
- Christmas Club Account
- Certificates of Deposit (CDs)
- Individual Retirement Accounts (IRAs)
- Home Mortgage Loans
- Home Equity Lines of Credit (HELOC)
- Auto Loans
- Personal Term Loans
- Personal Credit Cards
- Basic Business Solution Checking Account
- Regular Business Checking Account
- Business Savings Account
- Business Certificates of Deposit (CDs)
- Commercial Real Estate Loans
- Fannie Mae Loans
- HUD Section 221(d)(4) Loans
- Business Lines of Credit
- Business Term Loans
- Small Business Administration (SBA) Loans
- Business Credit Cards
- Digital Banking
- Telephone Banking
- ACH Services
- Remote Deposit Capture
Quantifiable outcome
- Direct deposit delivered up to 2 days sooner with Fahey FastPay
- +2 more outcomes
Companies that use Fahey Banking Company
Customer profileSegments4 records
Ideal customer profiles3 records
Fahey Banking Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Fahey Banking Company partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights4 records
Fahey Banking Company competitors and assessment
Company assessmentDirect peers
- Park National Corporation: Ohio-headquartered community bank holding company operating a network of community-banking divisions across the state. Directly comparable multi-branch community banking model serving both retail and commercial customers with local decision-making, similar to Fahey.
- Heartland BancCorp: Central Ohio-based community bank with branches in the Columbus metropolitan area and surrounding counties, offering comparable deposit products, commercial lending, and SBA loans to local consumers and small businesses in the same geographic market as Fahey.
- Peoples Bank (Marietta, Ohio): Ohio community bank serving retail and small business customers with checking, savings, lending, and digital banking offerings. Closely comparable as an independent Ohio community bank with both consumer and commercial banking products.
- Civista Bank: Ohio community bank with branch presence across northern and central Ohio, providing personal and business banking, commercial lending, and digital services — a directly comparable independent community bank targeting the same customer types.
- Sutton Bank: Independent Ohio community bank offering consumer and business banking products with local decision-making. Operates as a similar-sized community bank with comparable personal checking, savings, lending, and digital banking offerings.
- Consumers National Bank: Independent Ohio community bank serving consumers and small businesses with checking, savings, mortgage, and commercial lending products. Closely comparable as a privately-held community bank operating in Ohio's smaller markets and regional centers.
- Liberty Savings Bank: Ohio-headquartered community savings bank offering deposit products, mortgages, and consumer lending with multi-channel distribution. Comparable as an Ohio-based community institution focused on retail banking and home lending.
Broad incumbents
- WesBanco, Inc. Regional bank holding company with significant Ohio branch presence and an established community banking franchise. Larger and more diversified than Fahey, but operates overlapping retail and commercial banking services in the same Ohio footprint.
- First Merchants Bank: Midwest regional bank with substantial Ohio presence, offering consumer and commercial banking, mortgage, treasury management, and wealth services. Larger and broader than Fahey but competes for the same community-banking customers across Ohio.
Emerging players
- Goal Structured Solutions / Axos Bank (digital/regional emerging): Digital-first bank offering consumer and small business banking products with no-fee checking and competitive deposit rates. Not a direct competitor in Fahey's local market but represents the digitally-native challenger category Fahey must defend against even in its own branches.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Fahey Banking Company social profiles
Digital presenceFahey Banking Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fahey Banking Company leadership team
Management profileNumber of profiles
Profiles4 records
Fahey Banking Company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fahey Banking Company M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fahey Banking Company
What does Fahey Banking Company do?
Fahey Banking Company is a community bank that provides personal and business banking products from deposit accounts (checking, savings, CDs, IRAs) to lending products (mortgages, auto loans, personal loans, commercial real estate loans, SBA loans, HELOCs, business lines of credit). The bank supports these products with digital banking (online and mobile), telephone banking, ACH services, and remote deposit capture for business customers. Service is delivered through branches in Marion and Columbus, Ohio, serving the Central Ohio market.
Is Fahey Banking Company a public or private company?
Fahey Banking Company is a private company. It is classified as family owned and is currently operating.
When was Fahey Banking Company founded?
Fahey Banking Company was founded in 1863. It employs 11 to 50 people.
Where is Fahey Banking Company based?
Fahey Banking Company is headquartered in Marion, United States, in the North America region.
How does Fahey Banking Company make money?
Four revenue lines are on record. Interest Income from Lending is the primary driver. The others are deposit Account Fees, overdraft and Bounce Protection Fees and certificate of Deposit Investments.
Who are Fahey Banking Company's main competitors?
Direct peers on record are Park National Corporation, Heartland BancCorp, Peoples Bank (Marietta, Ohio), Civista Bank, Sutton Bank, Consumers National Bank and Liberty Savings Bank. Broad incumbents are WesBanco, Inc. and First Merchants Bank. Goal Structured Solutions / Axos Bank (digital/regional emerging) is listed as an emerging player.
Does Fahey Banking Company have an API?
No public API is recorded for Fahey Banking Company.
What industry is Fahey Banking Company in?
Fahey Banking Company'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 FSABAAAB, Retail Lending (Personal Loans, Auto, Credit Lines). Its NAICS code is 52211 and its SIC code is 6022.