ARCOLA FIRST BANK HISTORY
- Bank Name:Arcola First Bank
- Bank Class:Federal Reserve Non-member Bank
- Member FDIC:Certificate #3598
- Locations:3 Branches in Illinois
Arcola First Bank was founded on November 9, 1874 and has been serving the financial needs of their customers for over 149 years.
Arcola First Bank currently operates with 3 branches located in Illinois. Check below for important events in banks history.
IMPORTANT EVENTS IN BANKS HISTORY
Below is a list of some important events in the history of Arcola First Bank, including mergers and acquisitions.
DATEEVENT
11-09-1874Institution established. Original name: The First National Bank of Arcola.
10-06-1969Main Office moved to 127 South Oak Street, Arcola, IL 61910.
03-11-1988Changed Trust Powers to Limited.
06-07-1991Acquired First Federal Savings Association of Tuscola (33168) in Tuscola, IL.
09-09-2011Institution withdraws from membership in the Federal Reserve System.
09-09-2011Changed Chartering Agency to State.
09-09-2011Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
09-09-2011Changed Primary Federal Regulatory Agency to Fdic.
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