Marseilles Bank
Marseilles Bank is a privately held, FDIC-insured community bank headquartered in Marseilles, Illinois, providing personal and business checking, savings, lending, and digital banking services to local individuals and small businesses in Marseilles and the surrounding LaSalle County area.
- Company typePrivate
- Founded1950
- HeadquartersMarseilles, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Marseilles Bank does
Marseilles Bank is a privately held community bank headquartered at 100 East Bluff Street in Marseilles, Illinois, operating under the trade name "The Extraordinary Bank" and serving individuals and local businesses in Marseilles and the surrounding LaSalle County area. The bank is an affiliate of Marseilles Bancorporation, Inc., a bank holding company, and operates as an FDIC-insured institution under NMLS# 835208, with regulatory oversight including the Illinois Community Reinvestment Act. The institution has operated in the community for nearly 75 years and runs both personal and business banking franchises from a single lobby location plus a drive-thru and 24-hour ATM at 508 Roath Street.
The bank's product suite spans standard retail deposit products (Regular, Student, Senior, and NOW Checking; Statement Savings, Christmas Club, Money Market, IRA, Roth IRA, and Certificates of Deposit) and a broad personal lending menu covering consumer, auto, motorcycle, ATV/UTV, boat, camper, snowmobile, mortgage, home equity, home improvement, and secured/unsecured loans, alongside business checking and commercial loans. Technology is built on a traditional community banking core with an Internet Banking platform supporting Quicken, QuickBooks, and OFX transaction downloads, an i2Mobile mobile banking app with mobile deposit, EMV chip Mastercard debit cards with Securecode protection, 24-hour telephone banking, wire transfers, direct deposit, notary services, and a branded credit card distributed through a third-party program.
Marseilles Bank generates revenue primarily through net interest income on its loan portfolio (consumer, mortgage, home equity, and small commercial loans) supplemented by deposit-related fees, including monthly service charges on checking and money market accounts, CD early withdrawal penalties, wire and money order fees, and ancillary service income. The go-to-market model is community-led, relying on physical branch presence, local decision-making by named loan officers, and a content marketing blog for customer acquisition and retention, with a fee structure that waives charges for customers aged 65 and over and full-time students.
Marseilles Bank firmographics
Firmographics- Name
- Marseilles Bank
- Legal name
- Marseilles Bank
- Website
- https://marseillesbank.com
- Company type
- Private
- Founded year
- 1950
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Marseilles Bank is a privately held, FDIC-insured community bank headquartered in Marseilles, Illinois, providing personal and business checking, savings, lending, and digital banking services to local individuals and small businesses in Marseilles and the surrounding LaSalle County area.
- Ownership category
- akta.pro rank
Marseilles Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industry
- SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)
Keywords
Where Marseilles Bank is headquartered
LocationHeadquarters
- HQ city
- Marseilles
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Marseilles 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
- Interest Income from Loans: Traditional bank revenue from interest charged on personal loans (consumer, auto, motorcycle, ATV/UTV, boat, camper, snowmobile, mortgage, home equity, home improvement) and commercial loans
- Checking Account Fees: Monthly service charges for checking accounts, such as $6.00 monthly fee for Regular Checking if balance falls below $500, $10.00 monthly fee for Checking + Interest if balance falls below $1,500
- Savings Account Fees: Monthly service charges for money market accounts ($7.50 if balance falls below $2,500)
- Certificate of Deposit Early Withdrawal Penalties: Penalty fees for early withdrawal from CDs - one months interest for maturities of one year or less, three months interest for longer maturities
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Regular Checking - Basic checking account with $100 minimum to open, $6 monthly fee if balance below $500 |
| Subscription | Annual | Christmas Club 5/10/20 - Savings account with $5/$10/$20 minimum to open, bonus paid in October |
| Subscription | Monthly | Statement Savings - $100 minimum to open, interest compounded quarterly |
| Subscription | Monthly | Checking + Interest - $1,500 minimum to open, $10 monthly fee if balance below $1,500 |
| Subscription | Monthly | Money Market Account - $2,500 minimum to open, $7.50 monthly fee if balance below $2,500 |
| Subscription | Multi-year contract | Certificates of Deposit - $1,000 minimum to open, various terms available |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels4 records
Marseilles Bank product offering
Product offeringCore offering
Marseilles Bank is a community bank that accepts deposits and extends credit to individuals and local businesses in Marseilles, Illinois and the surrounding LaSalle County area. Its core offerings include personal checking and savings accounts, certificates of deposit, IRAs, a suite of consumer loans (auto, mortgage, home equity, home improvement, recreational vehicle), commercial loans, business checking, and supplementary services such as safe deposit boxes, wire transfers, money orders, cashier's checks, direct deposit, and notary services. Customers transact through a lobby branch, a drive-thru, online banking, a mobile app with remote deposit, ATM, and 24-hour telephone banking.
Product overview
Marseilles Bank is a community bank offering a comprehensive suite of personal and business banking products. The core offerings include Checking Accounts (Regular, Student, Senior, NOW), Savings Accounts (Statement Savings, Christmas Club, Money Market, IRA, Roth IRA, Certificates of Deposit), Personal Loans (auto, motorcycle, ATV, boat, camper, snowmobile, mortgage, home equity, home improvement), and Business Banking (Business Checking, Commercial Loans). The bank provides digital banking through Internet Banking and Mobile Banking with Mobile Deposits, supplemented by ATM/Debit cards with Mastercard Securecode, Telephone Banking, Wire Transfers, Direct Deposit, Notary Service, and LaSalle County Real Estate Tax Payment acceptance. The architecture is a single unified community banking platform with multiple product lines serving both retail and commercial customers.
Differentiator
Problem solved
Functional benefit
Products and services
- Checking Accounts
- Savings Accounts
- Personal Loans
- Business Banking
- Internet Banking
- Mobile Banking with Mobile Deposits
- Marseilles Bank Credit Card
- Safe Deposit Boxes
- Wire Transfers
Companies that use Marseilles Bank
Customer profileSegments2 records
Ideal customer profiles2 records
Marseilles Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature5 records
Marseilles Bank partnerships and signals
Strategic signalScale indicators1 record
Recent moves4 records
Expansion highlights4 records
Marseilles Bank competitors and assessment
Company assessmentEmerging players
- Illinois State Police Federal Credit Union: Illinois-based credit unions serving defined membership groups that compete with community banks like Marseilles for consumer deposit and lending relationships in the same regional footprint.
Broad incumbents
- Old National Bank: Large regional bank (formed from the First Midwest merger) with significant Illinois branch presence. Competes with Marseilles Bank for retail deposits and small-business banking across Illinois, though at vastly greater scale.
- Busey Bank: Regional Illinois bank with a large community-banking franchise across central Illinois. Competes with Marseilles Bank in adjacent Illinois markets and represents the broader incumbent against which small community banks compete for deposits.
- Heartland Bank and Trust Company: Larger Illinois community bank with multi-branch coverage across central and northern Illinois. Comparable as a community-bank competitor in the same Illinois corridor, though significantly larger and more diversified than Marseilles Bank.
Regional players
- GreenState Credit Union: Large Midwestern credit union offering online-accessible deposit and loan products that increasingly compete with community banks like Marseilles for geographically unrestricted retail customers in Illinois.
Direct peers
- Illini State Bank: Illinois community bank offering personal and business checking, savings, and consumer lending in rural Illinois towns. Comparable to Marseilles Bank as a similarly-sized single-market community bank serving small-town Illinois customers with traditional deposit and loan products.
- Bank of Pontiac: Community bank headquartered in Pontiac, Illinois (also in the central Illinois region). Offers retail deposits, consumer lending, and small-business banking with a community-led model — directly comparable in scale and operating geography to Marseilles Bank.
- State Bank of Danvers: Small Illinois community bank providing personal and business banking, including checking, savings, and loans, in a rural Illinois market. Directly comparable to Marseilles Bank in scale, product mix, and community-bank go-to-market.
- Grundy National Bank: Small-town Illinois community bank serving Grundy County and surrounding areas with personal, business, and agricultural banking. Comparable in size and rural Illinois community focus to Marseilles Bank.
- Citizens First National Bank: Community bank operating in north-central Illinois with personal, business, and agricultural banking products. Comparable as a similarly-positioned Illinois community bank focused on small-town retail and small-business customers.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Marseilles Bank social profiles
Digital presenceMarseilles Bank compliance and trust
Trust signalCompliance3 records
Marseilles Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Marseilles Bank leadership team
Management profileNumber of profiles
Profiles10 records
Marseilles Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Marseilles 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 Marseilles Bank
What does Marseilles Bank do?
Marseilles Bank is a community bank that accepts deposits and extends credit to individuals and local businesses in Marseilles, Illinois and the surrounding LaSalle County area. Its core offerings include personal checking and savings accounts, certificates of deposit, IRAs, a suite of consumer loans (auto, mortgage, home equity, home improvement, recreational vehicle), commercial loans, business checking, and supplementary services such as safe deposit boxes, wire transfers, money orders, cashier's checks, direct deposit, and notary services. Customers transact through a lobby branch, a drive-thru, online banking, a mobile app with remote deposit, ATM, and 24-hour telephone banking.
Is Marseilles Bank a public or private company?
Marseilles Bank is a private company. It is classified as corporate owned and is currently operating.
When was Marseilles Bank founded?
Marseilles Bank was founded in 1950. It employs 1 to 10 people.
Where is Marseilles Bank based?
Marseilles Bank is headquartered in Marseilles, United States, in the North America region.
How does Marseilles Bank make money?
Four revenue lines are on record. Interest Income from Loans are the primary driver. The others are checking Account Fees, savings Account Fees and certificate of Deposit Early Withdrawal Penalties.
Who are Marseilles Bank's main competitors?
Illinois State Police Federal Credit Union is listed as an emerging player. Broad incumbents are Old National Bank, Busey Bank and Heartland Bank and Trust Company. GreenState Credit Union is listed as a regional player. Direct peers are Illini State Bank, Bank of Pontiac, State Bank of Danvers, Grundy National Bank and Citizens First National Bank.
Does Marseilles Bank have an API?
No public API is recorded for Marseilles Bank.
What industry is Marseilles Bank in?
Marseilles 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 FSABABAC, SME Deposits & Business Accounts (Operating, Savings, CDs). Its NAICS code is 52211 and its SIC code is 6022.