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    Sunday, November 2, 2008

    Marlin Industrial Bank to go "Commercial"


    Marlin Business Services, Mount Laurel, New Jersey filed with the SEC this notice:


    "On October 21, 2008, the Registrant’s wholly-owned subsidiary, Marlin Business Bank, filed an application with the Utah Department of Financial Institutions to convert its charter from an Industrial Bank to a state chartered Commercial Bank.

    “As part of the charter conversion process, Marlin Business Bank intends to file an application for membership in the Federal Reserve System, and the Registrant intends to file an application with the Federal Reserve to become a bank holding company under the Bank Holding Company Act of 1956, as amended."

    Marlin has announced a third quarter 2008 earnings conference call set for Tuesday, November 4, 2008 at 10:00 a.m. eastern time.

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