Markham Bank & Trust
Markham Bank & Trust is a community bank charter within Wintrust Financial Corporation's 200+ branch network, serving consumers, small businesses, and middle-market commercial clients across Illinois and Indiana with deposit products, SBA and asset-based lending, mortgages, and treasury management.
- Company typePrivate
- Founded1991
- HeadquartersMarkham, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Markham Bank & Trust does
Markham Bank & Trust is a community bank chartered under the legal name Old Plank Trail Community Bank, N.A., operating as one of 16 community bank charters within Wintrust Financial Corporation (NASDAQ: WTFC). Founded in 1991, the bank serves individual consumers, small businesses, and middle-market commercial clients primarily across Illinois and Indiana, with access to Wintrust's broader 200+ branch network spanning Illinois, Indiana, Wisconsin, Michigan, and Florida.
The bank operates a full-service retail and commercial banking platform built on conventional community banking infrastructure: deposit products (Total Access Checking, Access Plus Checking, Premier Checking, Statement Savings Advanced, 13-Month CD Special, MaxSafe), lending products (HELOCs, mortgages through Wintrust Mortgage, SBA loans up to $10M, asset-based lending through Wintrust Business Credit, personal credit-builder loans), and fee-based services (wealth management, treasury management, cash management). Technology is delivered through the Wintrust Digital Banking mobile application, i-BusinessBanking platform with mobile remote deposit capture, Zelle P2P payments, and third-party fraud protection via Trusteer. MaxSafe provides a structural differentiator by aggregating FDIC coverage across 16 charters to insure deposits up to $4 million per accountholder.
Markham Bank & Trust generates revenue primarily through net interest income (mortgages, commercial loans, SBA loans, HELOCs, asset-based lending) supplemented by transaction fees (deposit account maintenance, overdraft, wire transfers, treasury management), credit card interchange via the Elan Financial Services partnership, and mortgage origination fees through Wintrust Mortgage. Distribution combines relationship-based field sales through 200+ community bank branches with self-service digital banking channels. Customer engagement is reinforced through the Platinum Adventures Club (50+ customers) and Junior Savers/Teen Banking Club loyalty programs, supporting multi-generational household retention.
Markham Bank & Trust firmographics
Firmographics- Name
- Markham Bank & Trust
- Legal name
- Old Plank Trail Community Bank, N.A.
- Website
- https://markhambank.com
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Markham Bank & Trust is a community bank charter within Wintrust Financial Corporation's 200+ branch network, serving consumers, small businesses, and middle-market commercial clients across Illinois and Indiana with deposit products, SBA and asset-based lending, mortgages, and treasury management.
- Ownership category
- akta.pro rank
Markham Bank & Trust industry classification
Industry- Product category
- Community Banking
- NAICS
- Depository Credit Intermediation (5221)
- SIC
- National Commercial Banks (6021)
- akta.pro primary industry
- Real Estate (Commercial Property, REITs) (FSABACAH)
- akta.pro secondary industries
- Escrow, Trust & Agency Services (escrow, paying agent, trustee) (FSABAIAI), Private Banking Lending (Securities-Backed, Real Estate, Structured Credit) (FSABADAE)
Keywords
Where Markham Bank & Trust is headquartered
LocationHeadquarters
- HQ city
- Markham
- HQ country
- United States
- HQ region
- North America
Offices16 records
Markets served
Markham Bank & Trust 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
- Interest Income: Traditional banking revenue from interest earned on loans including mortgages, commercial loans, SBA loans, home equity lines of credit, and personal/business lending. Variable and fixed rate products generate interest income.
- Deposit Account Fees: Monthly maintenance fees on checking and savings accounts (waived with minimum balance requirements), overdraft fees, and ATM fees. Safe deposit box rental fees.
- Credit Card Interchange: Credit card revenue through partnership with Elan Financial Services. Cards issued pursuant to Visa license with transaction interchange income.
- Business Banking Fees: Transaction fees on business checking accounts (Entrepreneur Checking, Business Community Checking, Have-It-All Business Checking), wire transfer fees, and treasury management service fees.
- Asset-Based Lending: Working capital financing facilities including revolving lines of credit on accounts receivable and inventory, and term loans secured by equipment and real estate through Wintrust Business Credit.
- Mortgage Origination: Mortgage lending through Wintrust Mortgage (division of Barrington Bank & Trust Company, N.A.) with relationship pricing for existing customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Total Access Checking - Basic checking with early direct deposit and free ATMs nationwide |
| Subscription | Monthly | Access Plus Checking - Interest-bearing checking with additional perks |
| Subscription | Monthly | Premier Checking - Premium tier with highest benefits and rate bonuses |
| Subscription | Monthly | Statement Savings Advanced - High-yield savings account |
| One time/ perpetual license | Pay-as-you-go | 13-Month CD Special |
| Usage-based | Monthly | Home Equity Line of Credit (HELOC) |
| Subscription | Monthly | Money Smart Checking - Entry-level checking for credit building |
| One time/ perpetual license | Monthly | Everyday Loan - Fixed-rate personal loan for credit building |
| Subscription | Monthly | Entrepreneur Checking - Small business starter account |
| Subscription | Monthly | Business Community Checking - Established business account |
| Subscription | Monthly | Have-It-All Business Checking - High-volume business account |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels7 records
Markham Bank & Trust product offering
Product offeringCore offering
Markham Bank & Trust is a community bank providing deposit products (checking, savings, CDs, money market accounts), consumer and commercial lending (mortgages, HELOCs, personal loans, SBA loans, asset-based lending, commercial lending), credit cards, and wealth management services. It serves individual consumers, small businesses, and middle-market commercial clients through physical branches, digital banking platforms, and relationship-based sales. The bank is one of 16 community bank charters under the Wintrust Financial Corporation umbrella and uniquely offers the MaxSafe program that extends FDIC coverage up to $4 million per accountholder.
Product overview
Markham Bank & Trust is a community bank operating as part of the Wintrust Community Bank network, offering a comprehensive suite of personal, small business, and commercial banking products and services. The core banking platform consists of deposit products (checking, savings, CDs) and lending solutions (mortgages, HELOCs, personal loans, business loans, SBA loans) supplemented by wealth management, treasury management, and digital banking services. Loyalty programs including Platinum Adventures Club (50+ customers) and Junior Savers/Teen Banking Club (youth customers) enhance customer engagement. MaxSafe provides enhanced FDIC coverage up to $4 million. Digital banking is delivered through Wintrust Digital Banking for consumers and i-BusinessBanking for business customers.
Differentiator
Problem solved
Functional benefit
Brands
- Platinum Adventures Club: A social and travel club for customers 50+ years of age offering exciting experiences, seminars, activities, and trips.
- Junior Savers Club
Products and services
- Total Access Checking Entry-level everyday checking account with no minimum monthly balance or maintenance fees, free nationwide ATM access through Allpoint, MoneyPass, and SUM networks, and Early Pay feature allowing direct deposits up to 2 business days early. Designed for personal banking customers seeking simple, no-fee checking.
- Access Plus Checking Interest-bearing mid-tier personal checking account with variable interest paid monthly, waived safe deposit box fees, free checks, wire transfer and money order reimbursements. $10 monthly fee waived with $2,500 average daily balance or $25,000 combined relationship balance.
- Premier Checking Premium personal checking account with tiered variable interest, 0.15% rate bonus on Statement Savings Advanced accounts, waived safe deposit boxes, and up to 5 outgoing wire reimbursements. $25 monthly fee waived with $10,000 average daily balance or $75,000 combined relationship balance.
- Statement Savings Advanced Interest-bearing personal savings account offering 2.00% APY with qualifying activities. No minimum to open, with $200 daily minimum balance to avoid $5 monthly maintenance fee. New money only.
- 13-Month CD Special Fixed-rate certificate of deposit offering 4.00% APY with $1,000 minimum to open. Auto-renews at maturity with early withdrawal penalties applicable.
- Home Equity Line of Credit (HELOC) Variable-rate revolving credit line secured by home equity with 10-year draw period and 20-year repayment period. Competitive rates starting at 6.75% APR for balances of $500,000+. $75 annual fee waived first year.
- Credit Cards Visa-branded credit cards issued through Elan Financial Services offering convenience, fraud liability protection, mobile purchasing capability, and 24/7 cardmember service for personal banking customers.
- Mortgages Residential mortgage lending through Wintrust Mortgage (division of Barrington Bank & Trust Company, N.A.) including purchase financing, refinancing options, and home equity solutions, with relationship pricing for existing customers.
- Entrepreneur Checking Small business starter checking account with no minimum monthly balance or maintenance fees, 150 free monthly transactions, and free i-BusinessBanking access. Designed for startups and small businesses.
- Business Community Checking Established business checking account with $20 monthly maintenance fee waived with $2,500 minimum balance, 250 free monthly transactions, and free multi-user i-BusinessBanking platform access.
- Have-It-All Business Checking Premium business checking account for higher-volume enterprises requiring $20,000 minimum balance to avoid $30 monthly fee and offering 400 free monthly transactions.
- MaxSafe Deposit Insurance Program Deposit insurance program extending FDIC coverage from $250,000 to $4 million per accountholder by spreading deposits across 16 Wintrust community bank charters. Available as CD or Money Market account with $1,000 minimum to open.
- Asset-Based Lending Working capital financing facilities through Wintrust Business Credit including revolving lines of credit secured by accounts receivable and inventory, plus term loans for equipment and real estate, designed for middle-market companies.
- SBA Express Loan Small Business Administration loan up to $500,000 for expansions, acquisitions, and cash flow management with expedited turnaround and revolving lines of credit available.
- SBA 7(a) Loan Small Business Administration loan up to $5 million for business expansion, company acquisitions, and debt refinancing with fees that can be financed.
- SBA 504 Loan Small Business Administration loan up to $10 million for equipment and owner-occupied real estate acquisition with down payments as low as 10% and fixed rates.
- Digital Banking Wintrust Digital Banking online and mobile platform enabling account management, Zelle peer-to-peer transfers, mobile deposit, and financial insights for personal banking customers.
- i-BusinessBanking Business online and mobile banking platform with mobile remote deposit capture, ACH origination, wire transfers, and multi-user access for small business account management.
- Cash Management Suite of business banking tools including merchant processing for card acceptance, remote deposit capture, ACH origination, wire transfers, and Positive Pay fraud prevention for business banking customers.
- Wealth Management Comprehensive wealth services through Wintrust Wealth Management including asset management, private client banking, investment and insurance options, and trust and estate services for personal banking customers.
- Money Smart Checking Credit-building entry-level checking account with $10 to open, no monthly maintenance fees, no overdraft fees, optional Dollar-A-Day Savings Service, and up to 6 free out-of-network ATM reimbursements.
- Everyday Loan Fixed-rate credit-building personal loan up to $5,000 with quick approval decisions and rates lower than most credit cards, designed for unexpected expenses and credit building for personal banking customers.
Quantifiable outcome
- FDIC coverage up to $4 million through MaxSafe program (vs standard $250,000)
- +4 more outcomes
Companies that use Markham Bank & Trust
Customer profileNamed customers1 record
Segments6 records
Ideal customer profiles5 records
Markham Bank & Trust technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature4 records
Markham Bank & Trust partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Elan Financial ServicescoreCredit card issuer and servicer. Elan Financial Services provides credit card processing, fraud liability protection, and cardmember services for Visa-branded credit cards issued through Wintrust Community Banks.
- Wintrust Mortgage (Barrington Bank & Trust Company, N.A.)coreWintrust Mortgage is a division of Barrington Bank & Trust Company, N.A., providing residential mortgage lending services across all Wintrust Community Banks including Markham Bank & Trust. NMLS #449042.
- Wintrust Community Banks (16 Bank Charters)coreThe MaxSafe program spreads deposits across 16 Wintrust community bank charters to provide enhanced FDIC coverage up to $4 million per accountholder.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
Markham Bank & Trust competitors and assessment
Company assessmentDirect peers
- First Busey Corporation: First Busey is an Illinois-headquartered community bank holding company with branches across Illinois, Indiana, Missouri, and Florida. It offers comparable deposit, lending, and wealth management services to similar consumer and business customers.
- Midland States Bancorp: Midland States Bancorp is a Midwest community bank with consumer, commercial, and specialty lending across Illinois and surrounding states. Its mix of relationship banking and asset-based lending is comparable to Markham Bank & Trust's offerings.
- Inland Bank (Inland Bancorp): Inland Bank is a Chicago-area community bank serving personal and business customers with deposit, lending, and treasury management services. Its geographic colocation and similar relationship-driven model make it a directly comparable peer.
- Standard Bank & Trust: Standard Bank & Trust is a Chicago southland community bank serving personal and small business customers in the same Illinois/Indiana corridor as Markham Bank & Trust. Its similar product offerings and target market make it a direct competitor.
- Byline Bank (Byline Bancorp): Byline Bank is a Chicago-based community bank offering personal, small business, and commercial banking across the Chicago metro. Its geographic overlap and similar community-focused deposit and lending model make it the most directly comparable peer to Markham Bank & Trust.
- Pan American Bank & Trust: Pan American Bank is a small Chicago-area community bank offering personal and business banking products. Its community focus and overlapping Illinois customer base make it a comparable peer in the same local market.
Broad incumbents
- Old National Bank (Old National Bancorp): Old National Bank is one of the largest community banks in the Midwest following its acquisition of First Midwest. It offers a broader product portfolio across multiple states, making it a broad incumbent rather than a direct peer.
Others
- Libertyville Bank & Trust (Wintrust charter): Libertyville Bank & Trust is another sibling Wintrust charter serving Chicago's northern suburbs. It shares products, technology, and resources with Markham Bank & Trust through the same parent platform.
- Hinsdale Bank & Trust (Wintrust charter): Hinsdale Bank & Trust is a sibling community bank charter under Wintrust Financial Corporation serving Chicago's western suburbs. It offers effectively the same products and is a structural twin rather than a true competitor.
- Wintrust Financial Corporation: Wintrust Financial Corporation is the publicly-traded parent company operating Markham Bank & Trust and its 15 sibling community bank charters. While not a peer in the competitive sense, it provides the operating platform, scale, and capital backing.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Markham Bank & Trust social profiles
Digital presenceMarkham Bank & Trust compliance and trust
Trust signalCompliance1 record
Markham Bank & Trust financial estimates
Financial estimateRevenue estimate
Valuation estimate
Markham Bank & Trust leadership team
Management profileNumber of profiles
Profiles13 records
Markham Bank & Trust funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Markham Bank & Trust 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 Markham Bank & Trust
What does Markham Bank & Trust do?
Markham Bank & Trust is a community bank providing deposit products (checking, savings, CDs, money market accounts), consumer and commercial lending (mortgages, HELOCs, personal loans, SBA loans, asset-based lending, commercial lending), credit cards, and wealth management services. It serves individual consumers, small businesses, and middle-market commercial clients through physical branches, digital banking platforms, and relationship-based sales. The bank is one of 16 community bank charters under the Wintrust Financial Corporation umbrella and uniquely offers the MaxSafe program that extends FDIC coverage up to $4 million per accountholder.
Is Markham Bank & Trust a public or private company?
Markham Bank & Trust is a private company. It is classified as corporate owned and is currently operating.
When was Markham Bank & Trust founded?
Markham Bank & Trust was founded in 1991. It employs 11 to 50 people.
Where is Markham Bank & Trust based?
Markham Bank & Trust is headquartered in Markham, United States, in the North America region.
How does Markham Bank & Trust make money?
Six revenue lines are on record. Interest Income is the primary driver. The others are deposit Account Fees, credit Card Interchange, business Banking Fees, asset-Based Lending and mortgage Origination.
Who are Markham Bank & Trust's main competitors?
Direct peers on record are First Busey Corporation, Midland States Bancorp, Inland Bank (Inland Bancorp), Standard Bank & Trust, Byline Bank (Byline Bancorp) and Pan American Bank & Trust. Old National Bank (Old National Bancorp) is listed as a broad incumbent. Others are Libertyville Bank & Trust (Wintrust charter), Hinsdale Bank & Trust (Wintrust charter) and Wintrust Financial Corporation.
Does Markham Bank & Trust have an API?
No public API is recorded for Markham Bank & Trust.
What industry is Markham Bank & Trust in?
Markham Bank & Trust's product category is Community Banking. Its primary akta.pro industry code is FSABACAH, Real Estate (Commercial Property, REITs), with a secondary code of FSABAIAI, Escrow, Trust & Agency Services (escrow, paying agent, trustee). Its NAICS code is 5221 and its SIC code is 6021.