The Marblehead Bank
The Marblehead Bank (dba State Bank) is a privately held community bank offering personal and business banking, lending, and investment services to consumers, small businesses, and manufacturers across its regional footprint.
- Company typePrivate
- Founded1907
- HeadquartersLakeside Marblehead, United States
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
The Marblehead Bank firmographics
Firmographics- Name
- The Marblehead Bank
- Website
- https://marbleheadbank.com
- Company type
- Private
- Founded year
- 1907
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- The Marblehead Bank (dba State Bank) is a privately held community bank offering personal and business banking, lending, and investment services to consumers, small businesses, and manufacturers across its regional footprint.
- Ownership category
- akta.pro rank
The Marblehead Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Savings Institutions and Other Depository Credit Intermediation (52218), Savings Institutions and Other Depository Credit Intermediation (522180), Portfolio Management and Investment Advice (523940)
- SIC
- State Commercial Banks (6022), Savings Institutions, Not Federally Chartered (6036)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industries
- Real Estate (Commercial Property, REITs) (FSABACAH), Affluent / Mass-Affluent Private Banking (FSABADAC), Private Banking Advisory & Discretionary Portfolio Management (FSABADAD)
Keywords
Where The Marblehead Bank is headquartered
LocationHeadquarters
- HQ city
- Lakeside Marblehead
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
The Marblehead 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, Others
Revenue model
- Interest Income from Lending: Interest earned on various loan products including mortgage loans, personal loans, lines of credit, commercial real estate loans, SBA loans, manufacturing loans, and business loans and lines of credit
- Deposit Account Fees and Service Charges: Fees from checking accounts, savings accounts, money market accounts, and other deposit products including potential monthly maintenance fees and transaction fees
- Credit Card Fees: Transaction fees and interchange income from personal and business VISA credit card programs
- Wealth Management and Brokerage Services: Fees and commissions from investment management, asset management, brokerage services, and private banking services for high net worth individuals
- Treasury Management Services: Cash management, treasury solutions, and payment processing services for business customers
- Insurance Products: Commissions from sale of insurance securities and products through business investment services
- Retirement Services: Administration and management fees from business retirement products and services including 401(k) plans
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Checking Accounts - Multiple tiers with different features and fee structures |
| Subscription | Monthly | Savings, HSA, IRA, CD Accounts |
| Other | Multi-year contract | Mortgage Loans |
| Other | Multi-year contract | Personal Loans and Lines of Credit |
| Transaction based/ take rate | Monthly | Credit Cards - Personal and Business VISA Cards |
| Other | Multi-year contract | Business Lending - Commercial Real Estate, SBA, Manufacturing |
| Subscription | Annual | Wealth Management and Investment Services |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels4 records
The Marblehead Bank product offering
Product offeringCore offering
The Marblehead Bank (DBA: State Bank) is an FDIC-insured community bank offering personal and business deposit accounts (checking, savings, HSA, IRA, CD), consumer and commercial lending products (mortgages, personal loans, lines of credit, commercial real estate loans, SBA loans, manufacturing loans), payment products (personal and business VISA credit cards), digital banking channels (online and mobile banking, Zelle P2P), and investment services (wealth management, asset management, estate planning, private banking, brokerage, retirement/401(k) services, insurance, and business succession planning).
Product overview
State Bank offers a comprehensive community banking platform with integrated personal and business banking products. The personal banking suite includes checking and savings accounts (with HSA, IRA, CD options), digital banking services (online banking, mobile banking, Zelle® peer-to-peer payments), mortgage products (loans, applications, and educational tools), credit cards, personal loans, and investment services (wealth management, investment management, estate planning, private banking, brokerage). The business banking platform mirrors this with business checking, savings, treasury solutions, employee benefit services, commercial lending (commercial real estate, SBA loans, manufacturing loans, business credit cards, business loans), and business investment services (wealth management, retirement services, insurance, succession planning, brokerage). Additional tools include an online education center with video content, an online security center, and a unified online banking login portal supporting multiple account types including credit cards, wealth management, 401(k), and brokerage.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Checking Personal checking account services with multiple account types for individual banking needs, including access through online and mobile banking channels.
- Personal Savings, HSA, IRA, CD Personal savings accounts, Health Savings Accounts (HSA), Individual Retirement Accounts (IRA), and Certificates of Deposit (CD) with competitive rates.
- Personal eServices Electronic banking services for individuals including online banking, mobile banking, and digital account management tools.
- Zelle Peer-to-peer payment service enabling users to send and receive money directly through the bank's online and mobile banking platforms.
- Mortgage Loans Home mortgage loan products including purchase mortgages, refinancing options, and home equity products for individual borrowers.
- Personal Credit Cards Personal VISA credit cards with various reward and rate structures for individual consumers.
- Personal Loans and Lines Personal loans and lines of credit for individual borrowing needs including debt consolidation and major purchases.
- CARE Grant Special grant program for qualified borrowers to assist with home lending needs and help homeowners remain in their homes during hardship.
- Wealth Management (Personal) Personal wealth management services helping individuals manage and grow their financial portfolios.
- Investment & Asset Management (Personal) Investment advisory and asset management services for personal investment portfolios.
- Estate Planning Estate planning strategies and solutions to help individuals prepare for wealth transfer and legacy planning.
- Private Banking Personalized financial services tailored for high-net-worth individuals.
- Brokerage Services (Personal) Brokerage services enabling individual customers to buy and sell securities, mutual funds, and other investment products.
- Business Checking Business checking accounts with cash management and transaction tools designed for business banking needs.
- Business Savings Business savings and money market accounts for business deposits and short-term investments.
- Business eServices Electronic banking services for businesses including online banking and digital treasury management.
- Treasury Solutions Treasury management solutions including cash management, fraud protection, and liquidity management for businesses.
- Benefits for Employees Employee benefit banking solutions for businesses including direct deposit, payroll services, and employee banking programs.
- Commercial Real Estate Loans Commercial real estate financing for business property acquisition, development, and refinancing.
- SBA Loans Small Business Administration (SBA) loans including SBA 7(a) and SBA 504 programs for qualified small businesses.
- Manufacturing Loans Equipment and machinery loans for manufacturing businesses to finance capital investments.
- VISA Business Credit Cards VISA business credit card program offering corporate card solutions with expense management features.
- Business Loans & Lines General business loans and revolving credit lines for working capital and growth needs.
- Business Wealth Management Wealth management services tailored for business owners and corporate accounts.
- Business Investment & Asset Management Investment management and asset allocation services for business accounts and corporate treasury.
- Retirement Services Business retirement products including 401(k) plans, SEP IRAs, and other retirement planning solutions for businesses.
- Business Insurance Business insurance securities and products provided through partnership with insurance providers.
- Business Succession Planning Business succession planning and implementation services for business continuity and ownership transitions.
- Brokerage Services (Business) Brokerage services and solutions for businesses to buy and sell securities and investment products.
Companies that use The Marblehead Bank
Customer profileSegments2 records
Ideal customer profiles2 records
The Marblehead Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature4 records
The Marblehead Bank partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- FiservcoreFiserv provides the online banking platform infrastructure for State Bank's digital banking services. The originate.fiservapps.com platform enables online account opening. Fiserv is a leading financial technology provider powering digital banking for financial institutions.
Scale indicators1 record
Recent moves5 records
Expansion highlights4 records
The Marblehead Bank competitors and assessment
Company assessmentDirect peers
- Heartland Financial USA (HTLF): Heartland Financial operates a network of community banks across multiple states offering retail, business, and wealth services - directly comparable to Marblehead's community-bank model and product breadth.
- WesBanco, Inc. WesBanco is a Mid-Atlantic and Midwest community bank offering a similar full-service suite including retail banking, mortgages, business lending, and wealth management. Compares directly to Marblehead in scale, product breadth, and community-bank positioning.
- First Merchants Bank: First Merchants Bank is a Midwest community bank with comparable full-service retail, commercial, and wealth management offerings. Similar community-bank positioning with broader footprint but analogous business model and customer focus.
- ACNB Corporation: ACNB Corporation is a small community bank holding company serving south-central Pennsylvania and northern Maryland with retail banking, mortgage, and wealth services - a directly comparable small-community-bank profile to Marblehead.
- Civista Bank (Civista Bancshares): Civista Bank is an Ohio-based community bank of similar scale providing personal banking, commercial lending, and wealth management services - directly comparable as a regional community bank with full-service offerings.
- Stock Yards Bank & Trust: Stock Yards Bank & Trust is a Kentucky/Indiana community bank with retail, commercial, mortgage, and wealth management divisions - directly comparable in scope and regional community-bank positioning.
- Mercantile Bank Corporation: Mercantile Bank is a Michigan-based community bank offering a similar suite of personal, business, mortgage, and wealth services to businesses and consumers in its regional footprint.
- S&T Bank: S&T Bank is a Pennsylvania-based community bank providing retail, commercial, and wealth management services - directly comparable as a similarly-scoped regional community bank.
- Independent Bank Corporation (Michigan): Independent Bank is a Michigan-based community bank providing retail, mortgage, and commercial banking services - comparable as a similarly-sized regional community bank with a focus on local relationships.
Broad incumbents
- JPMorgan Chase (Chase Bank): JPMorgan Chase's retail Chase Bank represents the largest incumbent competing for the same personal and small-business banking customers served by Marblehead, with broader geographic reach and aggressive digital product investment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
The Marblehead Bank social profiles
Digital presenceThe Marblehead Bank compliance and trust
Trust signalCompliance2 records
The Marblehead Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Marblehead Bank leadership team
Management profileNumber of profiles
The Marblehead Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Marblehead Bank 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 The Marblehead Bank
What does The Marblehead Bank do?
The Marblehead Bank (DBA: State Bank) is an FDIC-insured community bank offering personal and business deposit accounts (checking, savings, HSA, IRA, CD), consumer and commercial lending products (mortgages, personal loans, lines of credit, commercial real estate loans, SBA loans, manufacturing loans), payment products (personal and business VISA credit cards), digital banking channels (online and mobile banking, Zelle P2P), and investment services (wealth management, asset management, estate planning, private banking, brokerage, retirement/401(k) services, insurance, and business succession planning).
Is The Marblehead Bank a public or private company?
The Marblehead Bank is a private company. It is classified as unknown and is currently operating.
When was The Marblehead Bank founded?
The Marblehead Bank was founded in 1907. It employs 51 to 100 people.
Where is The Marblehead Bank based?
The Marblehead Bank is headquartered in Lakeside Marblehead, United States, in the North America region.
How does The Marblehead Bank make money?
Seven revenue lines are on record. Interest Income from Lending is the primary driver. The others are deposit Account Fees and Service Charges, credit Card Fees, wealth Management and Brokerage Services, treasury Management Services, insurance Products and retirement Services.
Who are The Marblehead Bank's main competitors?
Direct peers on record are Heartland Financial USA (HTLF), WesBanco, Inc., First Merchants Bank, ACNB Corporation, Civista Bank (Civista Bancshares), Stock Yards Bank & Trust, Mercantile Bank Corporation, S&T Bank and Independent Bank Corporation (Michigan). JPMorgan Chase (Chase Bank) is listed as a broad incumbent.
Does The Marblehead Bank have an API?
No public API is recorded for The Marblehead Bank.
What industry is The Marblehead Bank in?
The Marblehead 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 FSABACAH, Real Estate (Commercial Property, REITs). Its NAICS code is 52218 and its SIC code is 6022.