Marine Bank and Trust (Carthage, IL)
Marine Bank and Trust is a community bank headquartered in Carthage, Illinois, providing consumer and business banking, lending, wealth management, trust, and insurance services to retail customers, SMBs, agricultural operators, and HNW individuals across Illinois as a brand under the United Community Bank group.
- Company typePrivate
- Founded1932
- HeadquartersCarthage, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Marine Bank and Trust (Carthage, IL) does
Marine Bank and Trust is a community bank headquartered in Carthage, Illinois, founded in 1932 and operating as a regional brand within the United Community Bank holding company (NASDAQ: UCB). The bank delivers a full-service consumer and business banking franchise across Illinois, organized into four divisions: personal banking (deposit accounts, digital banking, personal loans, mortgages, credit cards), business banking (cash management, business loans, merchant services, payroll cards), wealth and insurance (investment services, trust services, insurance referrals through United Financial Services), and convenience services (prepaid ACE Cards, Everyday Points rewards, gift cards). Its customer segments span individual retail consumers, small to mid-size businesses, agricultural operators, physicians and professional services firms, and high-net-worth individuals seeking estate planning and investment management.
The bank runs on a Fiserv-powered core banking platform that supports consumer and business deposit accounts, lending operations, and merchant services. Merchant services are delivered through three integrated technology partnerships: Clover (Fiserv subsidiary) for POS hardware including Station Duo, Station Solo, Mini, Flex, and Go devices; Fiserv for traditional payment terminals; and Payeezy Gateway (First Data) for e-commerce payment processing. Digital banking capabilities are provided through the shared UCB Mobile Banking app (iOS and Android), featuring mobile deposit, bill pay, Zelle P2P payments, Card Controls, TransferNow external transfers, Beacon Alerts, and Mobile Wallet support (Apple Pay, Google Pay, Samsung Pay). Fraud and security infrastructure includes SecurLOCK card controls, Positive Pay for business checking, and IDProtect identity theft monitoring bundled with Guardian Checking accounts.
Marine Bank generates revenue through multiple streams: net interest income on loans (mortgages, personal loans, business loans, agricultural financing) and deposits is the primary driver. Fee-based revenue includes deposit account service charges, overdraft fees ($29.95 per item, $4.95 per day continued), card interchange, merchant services transaction fees, trust and wealth management advisory fees, and insurance referral commissions through United Financial Services. Pricing varies significantly across consumer and business account tiers, with most fees waivable through minimum balance requirements. The bank's go-to-market motion is community-banking-driven, distributed through physical branches, online and mobile self-service channels, telephone banking, and dedicated relationship managers for business banking, mortgage lending, and trust services.
Marine Bank and Trust (Carthage, IL) firmographics
Firmographics- Name
- Marine Bank and Trust (Carthage, IL)
- Legal name
- Marine Bank
- Website
- https://marinebk.com
- Company type
- Private
- Founded year
- 1932
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Marine Bank and Trust is a community bank headquartered in Carthage, Illinois, providing consumer and business banking, lending, wealth management, trust, and insurance services to retail customers, SMBs, agricultural operators, and HNW individuals across Illinois as a brand under the United Community Bank group.
- Ownership category
- akta.pro rank
Where Marine Bank and Trust (Carthage, IL) is headquartered
LocationHeadquarters
- HQ city
- Carthage
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Marine Bank and Trust (Carthage, IL) 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
- Net Interest Income: Marine Bank earns interest income on loans (mortgages, personal loans, business loans, agricultural financing) and invests deposits, with the spread between interest earned on loans and interest paid on deposits being a primary revenue driver for the bank.
- Deposit Account Fees and Service Charges: Monthly service fees on checking and savings accounts, overdraft/paid item fees ($29.95 per occurrence), continued overdraft fees ($4.95 per day after 4 consecutive business days), dormancy fees on prepaid cards, and other account-related service charges.
- Card Interchange Revenue: Interchange fees earned on debit and credit card transactions processed through the bank's card network.
- Merchant Services Revenue: Fees collected from business clients for payment processing services including Clover POS hardware/software, Payeezy Gateway e-commerce, and traditional terminals powered by Fiserv.
- Trust and Wealth Management Services: Fees from trust services including personal trusts, estate planning, executor services, farm management, guardianship services, investment management, and charitable giving services.
- Insurance Referral Revenue: Referral and partnership arrangements for insurance products including automotive, homeowners, renters, life, flood, and business/ag insurance through United Financial Services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Guardian Checking — $4.95/month with IDProtect identity theft monitoring, credit file monitoring, credit report access, and up to $10,000 identity theft expense reimbursement. |
| Subscription | Monthly | Rewards Checking — No monthly fee; earns Everyday Points on debit card purchases. |
| Subscription | Monthly | Value Checking — No monthly fee, basic checking. |
| Subscription | Monthly | Interest Checking — $7.50/month (waived if balance falls below $1,000). |
| Subscription | Monthly | University Checking — No monthly fee for students. |
| Subscription | Monthly | Team 50 Checking (Age 50 or Better) — No monthly fee with free checks, notary, cashier's checks, and other services. |
| Subscription | Monthly | Balance Checking — $5/month with no overdraft fees and no checks. |
| Transaction based/ take rate | Monthly | Small Business Checking — No monthly fee; $0.25 per item over 200 transactions. |
| Subscription | Monthly | Simplified Small Business Checking — $25/month (waived with $15,000 balance). |
| Subscription | Monthly | Business Checking — $5/month (offset by Earnings Credit Rate); transaction fees apply. |
| Subscription | Monthly | Business Interest Checking — $3/month (waived with $5,000 balance). |
| Subscription | Monthly | Business Money Market — $5/month (waived with $10,000 balance). |
| Subscription | Monthly | MBT Savings Account — $1/month (waived if balance above $100). |
| Subscription | Monthly | Money Market Savings Account — $7.50/month (waived with $2,500 balance). |
| Subscription | Monthly | Learn & Earn Minor Savings Account — No monthly fee. |
| Subscription | Monthly | Christmas Club Savings Account — No monthly fee. |
| Transaction based/ take rate | Monthly | ACE Prepaid Debit Card — Initial purchase fee and reload fees apply. |
| Transaction based/ take rate | Monthly | Payroll Card — No monthly fee; reloadable Visa-backed payroll card. |
| Subscription | Monthly | 15-Year Fixed Rate Mortgage — As low as 6.125% rate / 6.203% APR. |
| Transaction based/ take rate | Monthly | Overdraft Privilege Fee — $29.95 per overdraft item; Continued Overdraft Fee $4.95/day after 4 consecutive business days. |
| Transaction based/ take rate | Pay-as-you-go | TransferNow External Transfers — $1–$5 per transfer. |
Go-to-market motion1 record
Distribution channels7 records
Marketing channels7 records
Marine Bank and Trust (Carthage, IL) product offering
Product offeringCore offering
Marine Bank and Trust is a community bank offering consumer and business deposit accounts, consumer and commercial lending (mortgages, personal, vehicle, small business, agricultural, and physician/professional loans), credit cards, merchant services (Clover POS, Fiserv terminals, Payeezy Gateway), wealth management, trust and estate services, and insurance referrals. Services are delivered through physical branches across Illinois, supported by a Fiserv-powered digital banking platform including online, mobile, and telephone channels.
Product overview
Marine Bank and Trust is a community bank offering a comprehensive suite of banking products and services primarily organized into four core divisions: Personal Banking (Deposit Accounts, Digital Banking Services, Personal Loans, Home Loans, Credit Cards), Business Banking (Cash Management, Business Loans, Business Planning), Wealth & Insurance (Investment Services, Trust Services, Insurance Products), and Convenience Services (Everyday Points rewards, ACE Cards, Payroll Cards, Merchant Services). The bank operates as part of the United Community Bank holding company and provides digital banking through online and mobile platforms with features including mobile deposit, bill pay, Zelle payments, card controls, and transfer services. Merchant services are delivered through partnerships with Clover (POS systems), Fiserv (traditional terminals), and Payeezy Gateway (e-commerce).
Differentiator
Problem solved
Functional benefit
Products and services
- Deposit Accounts Range of consumer and business deposit products including multiple checking account tiers, savings accounts, money market accounts, certificates of deposit, IRAs, and Health Savings Accounts designed for individuals, students, seniors, and businesses.
- Personal Loans Unsecured personal loans plus secured consumer lending for vehicles, boats, RVs, ATVs, and personal watercraft offered to individual borrowers.
- Home Loans Residential mortgage and home equity lending including first-time homebuyer programs, fixed and adjustable rate mortgages, VA loans, construction loans, refinancing, home equity loans/lines of credit, and solar loans for individual homeowners.
- Credit Cards Consumer credit card products including the Everyday Points Visa rewards card earning points on purchases and the Visa Classic credit card.
- Investment Services Investment and retirement planning offerings including CDs & IRAs, IRA and 401k rollovers, college planning, retirement planning, and professional advisory services for individuals planning wealth accumulation.
- Trust Services Personal and corporate trust services including family and special needs trusts, estate and executor services, farm management, investment management, living, charitable and life insurance trusts, guardianships, business trusts, institutional custody, business succession, and endowment management.
- Insurance Products Insurance referral and brokerage arrangements through United Financial Services offering automotive, homeowners, renters, life, flood, and business/agricultural insurance products to consumers and businesses.
- Business Cash Management Business banking and cash management suite including business checking accounts, online banking and cash management tools, Positive Pay fraud protection, Remote Deposit Capture, business debit cards, merchant services, and ICS & CDARS for expanded FDIC insurance.
- Business Loans
Quantifiable outcome
- 5-star Superior Bank rating from Bauer Financial
- +5 more outcomes
Companies that use Marine Bank and Trust (Carthage, IL)
Customer profileSegments5 records
Ideal customer profiles5 records
Marine Bank and Trust (Carthage, IL) technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature9 records
Marine Bank and Trust (Carthage, IL) partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Clover (Fiserv subsidiary)coreMarine Bank partners with Clover (a Fiserv company) to provide Clover POS hardware and software solutions for merchants. Offerings include Clover Station Duo, Station Solo, Mini, Flex, and Go — enabling businesses to accept credit cards, EMV-chip, and contactless payments.
- FiservcoreAll traditional payment terminals are powered by Fiserv. Fiserv provides the core payment processing infrastructure for Marine Bank's merchant services.
- Payeezy Gateway (First Data)coreMarine Bank offers Payeezy Gateway Services for e-commerce merchants to accept payments online. Features include customer billing management, dynamic currency conversion, and email invoicing.
- United Financial ServicesminorUnited Financial Services provides insurance products offered through Marine Bank, including automotive, homeowners, renters, life, flood, and business/ag insurance. Marine Bank refers customers to United Financial Services for insurance needs.
- United Community Banks (Parent Company)coreMarine Bank operates as a brand within the United Community Banks group (ucbbanks.com). The group shares technology infrastructure including UCB Mobile Banking app, core banking platform, and operational systems. Other brands in the group include United Community Bank, Brown County State Bank, Mercantile Bank, Farmers State Bank of Camp Point, Liberty Bank, and United Commonwealth Bank.
- Guardian (for IDProtect)coreGuardian provides the IDProtect identity theft monitoring and resolution service included with Guardian Checking accounts. Features include credit file monitoring, credit report access, and identity theft expense reimbursement up to $10,000.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Marine Bank and Trust (Carthage, IL) competitors and assessment
Company assessmentDirect peers
- United Community Bank: Parent brand of the UCB group. Operates community banking with the same product suite (deposits, loans, trust, digital banking) under shared infrastructure — the closest direct peer.
- First Bankers Trust Company: Western Illinois community bank offering consumer banking, business loans, and trust services. Comparable as a similarly sized Illinois community bank with trust capabilities.
- State Bank of Lincoln: Central Illinois community bank offering deposits, ag and commercial lending, and trust services. Comparable rural Illinois community bank with similar product mix.
- Brown County State Bank: Sister bank brand within the United Community Banks holding company. Operates as a community bank in Illinois with overlapping deposit, lending, and digital banking products under the same UCB Mobile Banking platform.
- Liberty Bank (Illinois): Seventh brand in the United Community Banks group, comparable as a small Illinois community bank with shared digital infrastructure and similar customer segments.
- Busey Bank: Illinois-headquartered community bank offering consumer deposits, commercial lending, wealth management, and agricultural banking — directly comparable product set and geographic overlap in central/western Illinois.
- Mercantile Bank (Illinois): Another UCB group brand operating community banking services in Illinois with shared infrastructure, products, and brand strategy. Directly comparable as a sister community bank brand.
- Petefish, Skiles & Company Bank: Small Illinois community bank serving west-central Illinois with personal banking, ag lending, and business services. Comparable as a similarly scaled rural Illinois community bank.
- Farmers State Bank of Camp Point: Sister UCB group brand serving western Illinois with similar community bank product mix (deposits, ag lending, digital banking). Direct comparable in footprint and product strategy.
- CNB Bank (Illinois): Central Illinois community bank with consumer and commercial banking, ag lending, and wealth services. Comparable in scale, footprint, and agricultural lending exposure.
Market position
Strengths1 record
Competitive moat5 records
Key highlights6 records
Customer concentration
Marine Bank and Trust (Carthage, IL) social profiles
Digital presenceMarine Bank and Trust (Carthage, IL) compliance and trust
Trust signalCompliance3 records
Marine Bank and Trust (Carthage, IL) financial estimates
Financial estimateRevenue estimate
Valuation estimate
Marine Bank and Trust (Carthage, IL) leadership team
Management profileNumber of profiles
Marine Bank and Trust (Carthage, IL) funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Marine Bank and Trust (Carthage, IL) 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 Marine Bank and Trust (Carthage, IL)
What does Marine Bank and Trust (Carthage, IL) do?
Marine Bank and Trust is a community bank offering consumer and business deposit accounts, consumer and commercial lending (mortgages, personal, vehicle, small business, agricultural, and physician/professional loans), credit cards, merchant services (Clover POS, Fiserv terminals, Payeezy Gateway), wealth management, trust and estate services, and insurance referrals. Services are delivered through physical branches across Illinois, supported by a Fiserv-powered digital banking platform including online, mobile, and telephone channels.
Is Marine Bank and Trust (Carthage, IL) a public or private company?
Marine Bank and Trust (Carthage, IL) is a private company. It is classified as corporate owned and is currently operating.
When was Marine Bank and Trust (Carthage, IL) founded?
Marine Bank and Trust (Carthage, IL) was founded in 1932. It employs 11 to 50 people.
Where is Marine Bank and Trust (Carthage, IL) based?
Marine Bank and Trust (Carthage, IL) is headquartered in Carthage, United States, in the North America region.
How does Marine Bank and Trust (Carthage, IL) make money?
Six revenue lines are on record. Net Interest Income is the primary driver. The others are deposit Account Fees and Service Charges, card Interchange Revenue, merchant Services Revenue, trust and Wealth Management Services and insurance Referral Revenue.
Who are Marine Bank and Trust (Carthage, IL)'s main competitors?
Direct peers on record are United Community Bank, First Bankers Trust Company, State Bank of Lincoln, Brown County State Bank, Liberty Bank (Illinois), Busey Bank, Mercantile Bank (Illinois), Petefish, Skiles & Company Bank, Farmers State Bank of Camp Point and CNB Bank (Illinois).
Does Marine Bank and Trust (Carthage, IL) have an API?
No public API is recorded for Marine Bank and Trust (Carthage, IL).