The Fahey Bank was founded in 1865, the year the Civil War ended, by Timothy Fahey. He had a general store and added a bank, by painting “The Bank of Ireland” on the wall safe in the store.
Tim Fahey built his bank by investing in all who were striving for better. He invested in the farmers in the area by letting them wait until harvest time to pay for the goods from his store. When they came in after harvest to pay him back, they often left their extra funds on deposit with his bank.
Fahey also saw value in the immigrants that lived in the labor camp outside of town, who came to America to strive for a better life for the lives that would follow beyond their own. And Fahey believed in the entrepreneurs popping up out of Edward Huber’s companies, who strove for better technology that would make the Panama Canal possible.
Today, Fahey Bank is still rooted in Marion – in the same location where Fahey’s general store once stood. What started with a promise of a handshake and bank note has flourished into over $270 million in assets. For over 150 years, Fahey Bank has and continues to invest in all those who strive for better. No matter which side of the tracks or line on a map you started on, or whatever barrier of false distinction you face, Fahey believes in you.