Marquette Bank in Chicago, IL
Marquette Bank is a locally-owned Chicago-area bank offering checking, savings, home financing, and small business banking across 20 branches with 350+ employees.
Data compiled from public sources · Rating from CreditDoc methodology
Marquette Bank Review
Marquette Bank is a locally-owned and operated financial institution with deep roots in the Chicagoland community, celebrating its 80th anniversary. The bank was established as Marquette National Corporation and has grown to employ over 350 people from surrounding communities while maintaining a commitment to local neighborhoods. The institution positions itself on six core principles: friendliness and personal attention, convenience, problem resolution and expertise, local roots, comprehensive financial solutions, and neighborhood commitment through community support.
Marquette Bank offers a comprehensive range of consumer and business financial services including deposit accounts (checking and savings), online and mobile banking, home financing and equity loans, small business lending, financial planning, and credit products. The bank operates 20 branches throughout Chicagoland and provides access to over 55,000 free ATMs worldwide through network partnerships. They feature digital banking options, a customer service center open seven days a week, and a proprietary rewards program called FunRewards described as exclusive to the bank.
The bank differentiates itself through its commitment to local ownership and community impact. Marquette emphasizes that customer deposits stay in Chicagoland to strengthen local neighborhoods rather than flowing to out-of-state corporate entities. The institution actively supports causes focused on shelter/housing, hunger, education, and health/wellness through what they call their award-winning Neighborhood Commitment program. They also recently partnered with Ironwood for payment processing solutions and received a FHLBank Chicago Community First Developer Program Grant to support affordable housing development.
As a regional community bank, Marquette Bank serves customers seeking local relationship banking with digital convenience and community alignment. However, as a smaller institution compared to national banks, they may have fewer products, branches, and technological features than larger competitors. The bank is best suited for Chicagoland residents and businesses who prioritize local banking relationships and community reinvestment alongside standard banking services.
Services & Features
Feature Checklist
Pros & Cons
Pros
- Access to 55,000+ free ATMs worldwide despite being a regional bank
- 20 physical branches across Chicagoland for in-person banking
- Customer service center open 7 days a week for extended accessibility
- Exclusive FunRewards program (described as only bank with this specific rewards offering)
- Locally-owned institution where deposits directly support Chicago-area neighborhoods
- Comprehensive services including home financing, small business lending, and financial planning
- Award-winning community commitment program supporting housing, hunger, education, and wellness
Cons
- Limited geographic footprint restricted to Chicagoland region, not available nationwide
- Smaller institution with fewer branches (20) compared to major national banks
- No specific information provided about fee structures, interest rates, or account minimums on website
- Limited details on digital banking features, app capabilities, or technology compared to fintech competitors
- No information about credit card products or broader lending product availability
Rating Breakdown
Frequently Asked Questions
Is Marquette Bank legitimate?
Yes. Marquette Bank is a registered company, headquartered in Chicago, IL, founded in 1945.
How long does Marquette Bank take to show results?
Account opening typically takes 1-3 business days. Loan decisions vary by product.
Quick Facts
- Founded
- 1945
- Headquarters
- Chicago, IL
- BBB Accredited
- No
- Certifications
- FDIC Insured FDIC Cert #16250
- Starting Price
- Contact provider
- Setup Fee
- None
- Money-Back Guarantee
- No
CreditDoc Diagnosis
Doctor's Verdict on Marquette Bank
Marquette Bank is best for Chicagoland residents and small business owners who value personalized banking relationships, local ownership, and community reinvestment alongside standard banking conveniences. The main caveat is geographic limitation—the bank operates exclusively in the Chicago area with 20 branches, making it unsuitable for those outside Illinois or those seeking the branch network and digital sophistication of national banks.
Best For
- Chicagoland residents seeking relationship-based banking with community alignment
- Small business owners in the Chicago area needing local business lending and personalized service
- Homebuyers and homeowners in Illinois interested in local mortgage and home equity financing
- Customers who prioritize community reinvestment and want deposits to support local neighborhoods
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