Trustbank
FDIC #14662
📍 Olney, Illinois
Trustbank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 09/13/1912. With assets of $526.38 Million, it operates 8 domestic branches.
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★☆☆☆☆ JILL T
December 14, 2022
Not pleasant
Community Reinvestment Act (CRA) Rating
Latest Exam: September 1, 2023
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
September 1, 2023
Satisfactory
July 1, 2020
Satisfactory
May 1, 2014
Satisfactory
💰 Financial Strength
Total Assets$526.38 Million
Total Deposits$454.57 Million
Equity Capital$47.82 Million
Net Income$4.66 Million
📈 Performance
ROA1.28%
ROE13.52%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established09/13/1912
FDIC Cert14662
Holding CoRich Land Bcorp Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:30 AM - 3:00 PM
Tuesday8:30 AM - 3:00 PM
Wednesday8:30 AM - 3:00 PM
Thursday8:30 AM - 3:00 PM
Friday8:30 AM - 5:00 PM
SaturdayClosed
SundayClosed
📜 Institutional History
2022
Merger / Acquisition
Acquired: Tnb Bank
2000
Merger / Acquisition
Acquired: Cisne State Bank
2000
Name Change
Name became: Changed Institution Name To Trustbank.
1994
Name Change
Name became: Changed Institution Name To Olney Trust Bank.
1983
Relocation
Moved HQ to: 600 East Main Street, Olney, IL 62450.