The Bank of Marion offers many business products to fit all business needs. Service fees are determined on average collected balance versus the monthly business transactions. Please inquire at one of our convenient locations to open an account today.
The Bank of Marion Internet Banking Cash Management Product will provide the Bank's commercial customers services such as payroll direct deposit, wire transfer capabilities, ACH origination (debit and credit), EFTPS origination, along with many other capabilities.
The Bank of Marion Commercial Sweep account is designed for corporations and partnerships not eligible for interest bearing checking accounts. The Commercial Sweep is comprised of two separate accounts combined into one. The first account is a non-interest bearing transaction account, and the second account is an interest-bearing investment.
The UIGEA, signed into law in 2006, prohibits any person engaged in the business of betting or wagering (as defined in the Act) from knowingly accepting payments in connection with the participation of another person in unlawful internet gambling. The Department of Treasury and the Federal Reserve Board have issued a joint final rule, Regulation GG, to implement this Act.