Marquette Bank, one of Chicagoland’s last independent neighborhood banks, is bringing community banking back to Mount Greenwood at 3435 W. 111th St.
The bank purchased the empty building last fall and began renovations, but the project was delayed due to the COVID-19 pandemic. The banking center is now expected to open mid-August.
The bank will have two Mount Greenwood residents working there: Elizabeth Kucharski and Margaret Schroeder.
“As a Mount Greenwood resident, I’m happy to have the opportunity to help my neighbors with their banking and I’ll enjoy working close to home,” said Kucharski, a 14-year Marquette Bank employee and Mount Greenwood branch manager. “Our team is excited to bring local banking back to Mount Greenwood, where you have access to all the modern digital banking options but still receive the personal service and attention that you can only get from a neighborhood bank like ours.”
Margaret Schroeder is a lifelong native of Mount Greenwood. Her children are now the seventh generation of her family to live in the neighborhood. Margaret will be a banker at the Mount Greenwood branch and is also the president of the Mount Greenwood Residents Association.
“Mount Greenwood is a multi-generation community where people want to live and raise their family. The neighborhood is special because neighbors still know each other and help each other out,” said Margaret. “Marquette Bank is a great fit for Mount Greenwood because this bank brings that same family-oriented, neighbor-helping-neighbor philosophy that fits our community.
“I’m old enough to remember the old Mount Greenwood Bank,” said Margaret. “I’m looking forward to reintroducing residents and neighbors to that same style of friendly local banking at Marquette Bank. I’m also looking to deepen relationships with the local business community and support business owners in Mount Greenwood.”
Marquette Bank is among the top 1 percent of all banks in the nation for community reinvestment. The bank has a solid record on its Community Reinvestment Act (CRA) exams and has received nine consecutive “Outstanding” ratings (the highest rating possible) from the Federal Reserve Bank of Chicago, the bank’s banking regulator.
Marquette Bank performs well on customer service and satisfaction. Their customer satisfaction score is 3 times higher than that of national banks. They also beat both regional banks and the national bank average, according to Net Promoter Score (NPS) ratings.
The bank operates a 7-day a week Customer Service Center in Oak Forest that customers can call about their accounts and ask banking questions.
The bank is also a leader in banking rewards.
Marquette Bank is the only bank in Chicagoland to offer the FunRewards Program that allows consumers to take advantage of three types of reward benefits: cash-back debit card rewards, the ability to earn gift cards for customer referrals, and a rewards mobile app.
The FunRewards mobile app benefits include the following: 24/7 roadside assistance, cell phone damage protection, identity theft restoration services and access to more than 400,000 discounts on restaurants, shopping, travel, prescriptions and health savings.
Marquette Bank has the popular banking technology that national banks use. The bank offers online banking, mobile banking (with mobile check deposit), online checking account opening and digital mortgage options. The bank also offers Zelle, which allows people to send money digitally to friends and family.
Their online and mobile banking offers a “personal finance” feature where you can “link-up” financial accounts from other banks and payment cards to track spending and budget.
Marquette Bank also has more free ATMs than do the big banks through a surcharge-free network with over 1,000 free ATMs in Chicagoland (in most Walgreens, Speedway, CVS, Costco, and Target locations), plus more than 40,000 free ATMs nationwide.
“One of my favorite things about Mount Greenwood is that we have the very last working farm in Chicago right at 111th and Pulaski. It is not far from where I grew up,” said Margaret. “I’m so hopeful for what the bank will mean to the neighborhood. I am excited about creating new relationships and making the community more prosperous.”
To find out more about Marquette Bank, call (888) 254-9500 or visit the website at emarquettebank.com.