Marion National Bank

What Marion National Bank does

Marion National Bank is an independent, privately-held community bank chartered in September 1905 and headquartered at 302 East Main Street in Marion, Kansas, where it has operated continuously for over 119 years. The bank offers a full suite of traditional retail and commercial banking products, including Regular Checking, Interest Checking, Savings, Money Market, Certificates of Deposit (3–60 months), and Roth and Traditional IRAs on the deposit side; and Consumer Loans, Auto and Recreational Vehicle Loans, Home Mortgage/Home Improvement Loans, Home Equity Loans and HELOCs, Commercial Real Estate and C&I Loans, SBA-backed loans, and Agricultural Loans (farm operating, livestock, machinery/equipment, and farm real estate) on the lending side. Complementary services include Online Bill Payment, Direct Deposit, Overdraft Sweep (Funds Management), Safe Deposit Boxes, VISA Check Card, ATM services, and Preauthorized Transfers.

The bank's digital infrastructure is built on Digital Insight (an NCR/Candescent platform powering Internet Banking, the mobile app on iOS and Android, and Online Bill Payment), with security controls including SSL encryption, a double-firewall architecture that isolates the web interface from the customer database, and a Security Analyzer program that monitors failed login patterns. Distribution is hybrid: a single physical branch with lobby (9:00am–3:00pm M–F) and drive-thru service, a 24-hour ATM, phone banking, and 24/7 online/mobile access. Card access spans STAR, PLUS, CIRRUS, American Express, Discover, Visa, and Mastercard networks.

Commercially, the bank generates revenue primarily from net interest income on its loan portfolio (consumer, mortgage, commercial, agricultural, and lines of credit), supplemented by fee streams including monthly/quarterly maintenance fees on deposit accounts (e.g., $5/mo if Regular Checking falls below $100, $5/quarter if Savings falls below $25), ATM/foreign-operator and overdraft fees, bill payment and electronic transfer fees, and safe deposit box rental (from $8/year). The customer base is regionally concentrated in Marion, Kansas and surrounding rural areas and is segmented across individual consumers, homeowners, small/medium businesses, and agricultural operations, with SBA lending delivered in partnership with the U.S. Small Business Administration and fraud prevention delivered in partnership with the Kansas Bankers Association and State Bank Commissioner under the Family Code Word program.

Name

Marion National Bank

Legal name

Marion National Bank

Website

https://bankwithmnb.com

Company type

Private

Founded year

1905

Operating status

Operating

Headcount range

11–50 employees

Short description

Marion National Bank is an independent, FDIC-insured community bank chartered in 1905 in Marion, Kansas, serving individual consumers, small businesses, homeowners, and agricultural operations with traditional deposit products, consumer/commercial/agricultural loans, and online and mobile banking via Digital Insight.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industries

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC), SME Sector/Specialty Banking (Vertical-focused: Healthcare, Agri, Tech, etc.) (FSABABAI)

Keywords

• Community banking services
• Consumer loan products
• Agricultural loan financing
• Deposit account services
• Small business banking

Headquarters

HQ city

Marion

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Others

Revenue model

1. Interest Income on Loans: Primary revenue stream from interest earned on various loan products including consumer loans, home mortgages, commercial loans, agricultural loans, and Lines of Credit.
2. Checking Account Fees: Monthly service fees applied when account balances fall below minimum thresholds (e.g., $5.00 monthly fee if balance falls below $100 for regular checking).
3. Savings Account Fees: Quarterly maintenance fees ($5.00 per quarter) when balance falls below minimum balance requirements ($25.00 for savings accounts).
4. ATM and Debit Card Transaction Fees: Fees charged when customers use ATMs not owned by the bank, including operator fees and network fees. Also includes overdraft fees.
5. Safe Deposit Box Rental: Annual rental fees for safe deposit boxes, available in various sizes for as little as $8.00 per year.
6. Certificate of Deposit Interest Spread: Interest spread earned on CDs with terms from 3 to 60 months, minimum deposit of $500.
7. Bill Payment Services: Online bill payment service allowing customers to pay bills electronically; transfers processed up to $9,999.99 per business day.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

Marion National Bank is an independent community bank providing traditional deposit products (checking, savings, money market, CDs, IRAs), consumer loans (auto, recreational vehicles, personal), home loans (mortgage, home improvement, home equity, HELOC), commercial loans (SBA-backed, real estate, C&I), and agricultural loans (farm operating, livestock, machinery, farm real estate). It delivers these products through a single physical branch in Marion, Kansas, supplemented by 24-hour ATM access, online banking, mobile app, and phone banking.

Product overview

Marion National Bank is a regional community bank offering a comprehensive suite of traditional banking products and services. The core digital banking platform includes Internet Banking (online) and Mobile Banking App, both powered by Digital Insight. The bank provides multiple loan products organized by segment: Consumer Loans (auto, recreational vehicles), Home Loans (mortgages, home improvement, home equity, HELOC), Commercial Loans (real estate, C&I, SBA), and Agricultural Loans (farm operating, livestock, machinery, real estate). Deposit products include Regular Checking, Interest Checking, Savings Accounts, Money Market Accounts, Certificates of Deposit, and IRA Options. Additional services include Online Bill Payment, ATM and VISA Check Card services, Direct Deposit, Funds Management (overdraft coverage), Safe Deposit Boxes, and electronic fund transfer capabilities. The bank connects to multiple payment networks including Visa, Mastercard, American Express, Discover, STAR, PLUS, and CIRRUS for ATM and card services.

Differentiator

Problem solved

Functional benefit

Products and services

• Internet Banking Secure online banking platform accessible through a web browser, providing 24/7 access to accounts, viewing of up to 6 months of account history, fund transfers between accounts, and integration with online bill payment. Available free to any customer with a checking, savings, or loan account.
• Mobile Banking App Mobile banking application available for iOS and Android devices enabling customers to manage finances, check balances, view transactions, and transfer funds on-the-go. Available through the App Store and Google Play.
• Online Bill Payment Electronic bill payment service allowing customers to pay all bills in one place with support for one-time or recurring payment scheduling. Transfers processed up to $9,999.99 per business day.
• Regular Checking Everyday checking account with unlimited check writing, no per-check charge, free Internet Banking, Bill Payment, Debit Card, and Online Paperless Statement. $5.00 monthly service fee if balance falls below $100.00.
• Interest Checking Interest-bearing checking account offering a competitive interest rate. $5.00 monthly service fee if balance falls below $100.00.
• Savings Account Basic savings account with ATM card access, quarterly statements, and paperless statement option. $25.00 to open; $5.00 quarterly maintenance fee if balance falls below $25.00.
• Money Market Account Interest-bearing money market account with $1,500.00 minimum balance to earn interest. $5.00 monthly maintenance fee if balance falls below $100.00; unlimited in-person and ATM withdrawals.
• Certificate of Deposit (CD) Term deposit product with terms from 3 to 60 months at competitive interest rates. Minimum deposit of $500.00; best interest rates available with deposit of $2,500.00 or more.
• IRA Options (Roth and Traditional) Individual Retirement Accounts available in two variants: Roth IRA (tax-free withdrawals) and Traditional IRA (tax-deductible contributions with tax-deferred earnings).
• Home Mortgage Loans Mortgage loan products for home purchase or refinancing, featuring free pre-approval, competitive rates, low fees, fixed rates, low down payment options, and quick closing. NMLS # 631270.
• Home Improvement Loans Flexible home improvement loan program covering renovations such as garage, roof, siding, hot tub, and other home improvement projects.
• Home Equity Loans Loans leveraging home equity for vacations, college tuition, or big purchases, with potential tax-deductible interest.
• Home Equity Lines of Credit (HELOC) Flexible revolving credit line secured by home equity with a predetermined credit limit; customers draw funds as needed and pay interest only on used amounts.
• Consumer Loans Personal loans for vacations, rainy days, weddings, and other personal budget needs at competitive rates with flexible repayment schedules.
• Auto Loans New and used vehicle loans for cars, SUVs, sports cars, and family vehicles with multiple loan options to fit various needs.
• Recreational Vehicle Loans Financing for recreational vehicles including Winnebago, pop-up campers, 4-wheelers, ski boats, jet skis, and fishing boats.
• Commercial Real Estate Loans Fixed and adjustable rate loans for businesses, including construction loans and long-term financing programs for commercial real estate.
• Commercial & Industrial Loans Full line of loan products for business management, including start-up expenses, lines of credit, and equipment purchases.
• Small Business Administration (SBA) Loans SBA-backed financing for entrepreneurs starting or growing their own businesses, offered in close collaboration with the Small Business Administration.
• Farm Operating Loans Short-term loans covering daily operational costs such as seed, fertilizer, fuel, utilities, labor, and other seasonal cash flow needs for farm operations.
• Livestock Loans Financing for purchasing or raising cattle, poultry, or swine, covering feed, veterinary services, and shelter costs.
• Machinery and Equipment Loans Financing for farm machinery and equipment purchases including tractors, combines, irrigation systems, and milking machines for farm efficiency and production capacity.
• Farm Real Estate Loans Loans for purchase, refinancing, or improvement of farmland and agricultural buildings, including land expansion and farm infrastructure.
• Safe Deposit Boxes Secure on-premises storage for valuables available in a variety of sizes starting at $8.00 per year.
• VISA Check Card Visa-branded debit card for purchases at merchants accepting Visa and cash back at point-of-sale. $500.00 daily point-of-sale limit. Zero liability protection for unauthorized transactions processed on the Visa Network.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• Small Business Administration (SBA)coreStrategic or Co-development PartnerMarion National Bank works closely with the Small Business Administration (SBA) to help entrepreneurs start their own businesses. The bank offers SBA loan programs to assist with business financing needs, including startup expenses and working capital.
• State Bank CommissionercoreStrategic or Co-development PartnerCollaborates with the State Bank Commissioner and Kansas Bankers Association on the Family Code Word program to help protect customers from fraud and unauthorized account access.
• Kansas Bankers AssociationcoreStrategic or Co-development PartnerPartners with the Kansas Bankers Association and State Bank Commissioner on the Family Code Word initiative to enhance customer security and fraud prevention.

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Landmark National Bank: Kansas community bank with consumer, commercial, and agricultural lending across multiple Kansas branches. Comparable Kansas community-bank franchise and product offering.
• Equity Bank: Kansas community bank with consumer, small business, and agricultural lending across the state. Comparable product set and customer focus, though operating at significantly greater scale and branch count than Marion National Bank.
• Sunflower Bank: Salina, Kansas-based community bank offering consumer, commercial, mortgage, and agricultural lending. Comparable in target segments and Kansas footprint, with broader branch coverage.
• First Bank Kansas: Kansas-based community bank offering consumer and commercial lending across multiple Kansas locations. Comparable community-bank model and Kansas customer base.
• Emprise Bank: Kansas-headquartered community bank offering consumer, commercial, and agricultural lending across multiple Kansas locations. Closely comparable as a Kansas community bank competing for the same consumer and SME/ag deposit and loan relationships that Marion National Bank targets.
• INTRUST Bank: Wichita-based Kansas community bank with a full suite of consumer, mortgage, commercial, and ag banking products. Comparable business model, multi-channel distribution (branch + digital), and customer segments to Marion National Bank.
• Bank of the Flint Hills: Kansas-based community bank serving consumers, small businesses, and agricultural customers in rural Kansas. Directly comparable target customer segments and product mix.
• Fidelity Bank (Kansas): Wichita-based Kansas community bank offering consumer, commercial, and mortgage lending. Comparable Kansas-focused community-bank product mix and customer segments.
• The Halstead Bank: Halstead, Kansas community bank using the same Candescent/NCR-powered digital platform as Marion National Bank (Halstead logo appears in the bank's web assets). Comparable small-town Kansas community bank operating model and product set.
• Central National Bank: Junction City, Kansas community bank providing consumer, commercial, and ag lending. Comparable single-state Kansas footprint and community-bank business model to Marion National Bank.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/the-marion-national-bank

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Marion National Bank