HISTORY - FORMATION
Marion Bank and Trust Company opened its doors for business on March 17, 1934.
In the Great Depression, many banks were failing and in March 1933, President F.D. Roosevelt declared an 8-day banking holiday to prevent a complete collapse of the US banking system.
After the holiday, Marion Central Bank was not allowed to re-open, thus Marion Bank and Trust Company evolved a year later.
The bank was initially located in the Marion Central Bank building opposite the Perry County Courthouse in Marion.
HISTORY - GROWTH
In 1973, the Bank built and moved to new premises on Washington Street, allowing it to offer drive-thru facilities.
2008 saw Marion Bank and Trust expand to Selma with the opening of a new branch at 2400 Highway 80.
In 2015, the bank opened a Loan Production Office at Maplesville in Chilton County and on June 6th, 2016 a ribbon cutting was held to officially open this office as our latest full-service branch.
Our newly completed branch at Jemison is the latest chapter in our continuing story of growth.
Opened in July 2018, it expands our presence in Chilton County.