The Bank of Marion Business Accounts

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.

Internet Banking Management

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.

Commercial Sweep Account

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.

Regulation GG Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006

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.

As defined in Regulation GG, unlawful internet gambling means to "place, receive or otherwise knowingly transmit a bet or wager by any means which involves the use, at least in part, of the internet where such bet or wager is unlawful under any applicable Federal or State law in the State or Tribal lands in which the bet or wager is initiated, received or otherwise made."

As a customer of The Bank of Marion, these restricted transactions are prohibited from being processed through your account or banking relationship with us. If you do engage in an internet gambling business and open a new account with us, we will ask that you provide evidence of your legal capacity to do so.