Our History

In 1947, a group of public-spirited businessmen in Markle, Indiana, associated themselves to organize a bank. On September 9, 1947, the Indiana State Department of Financial Institutions and the Indiana Secretary of State granted a charter for an organization known as the State Bank of Markle (later to be called MarkleBank). The bank was authorized for $35,000 in capital, consisting of 350 shares of common stock.

MarkleBank has had a number of milestones in its history. A bank holding company, MarBanc Financial Corporation, was formed in 1984. The first branch was launched in 1987 with branches subsequently opened in 1995, 1999, 2001, 2004 and 2005. The seven locations of MarkleBank are now located in Allen, Grant, Huntington and Wells Counties in Northeast Indiana.

MarkleBank works closely with MarkleFinancial to offer a full line of brokerage and investment services to our customers. These services, which are offered through MarkleFinancial’s relationship with its broker/dealer, Investment Centers of America, are available at all offices of MarkleBank. As always, the investment and brokerage products provided by MarkleFinancial are not insured by the FDIC, are not deposits or other obligations of MarkleBank and are not guaranteed by the Bank, and are subject to investment risks, including possible loss of the principal invested.

In 2005, an agreement was reached with the holding company of Grabill Bank to merge the two holding companies of MarkleBank and Grabill Bank into a newly formed bank holding company, Independent Alliance Banks (IAB). The two banks continue to do business as state-chartered independent community banks. The new IAB has total assets exceeding $940 million, better enabling its two banks to compete in the northeast Indiana market.

MarkleBank remains committed to independent community banking with local decision making and excellent customer service that sets it apart from other financial institutions.