TrustBank is headquartered in Olney and is the 159th largest bank in the state of Illinois. It is also the 2,531st largest bank in the nation. It was established in 1912 and as of December of 2020, it had grown to 66 employees at 6 locations. TrustBank has an A health rating.
I really like doing business with this institution. According to their website, they have only 4 branches (2 in Olney, Illinois, one in Cisne, Illinois and one in Tempe, Arizona) and it truly does have the feel of a small town bank. The people are friendly, professional and extremely helpful. When you call, you speak with an individual banker. If you run into a problem, they offer to call you back – and they do - how refreshing. They are out of state for me and I wish they were down the street instead.
Overall | |
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FDIC Certificate # | 14662 |
Year Established | 1912 |
Employees | 66 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.63% |
Return on Equity - YTD | 13.93% |
Annual Interest Income | $11.2MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $275.6MM$236.3MM |
Loans | Q4 2020vs Q4 2019 | $233.2MM$195.4MM |
Deposits | Q4 2020vs Q4 2019 | $237.8MM$201.4MM |
Equity Capital | Q4 2020vs Q4 2019 | $30.9MM$28.3MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $3.3MM$2.7MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $1.4MM$1.3MM |
Real Estate Owned | Q4 2020vs Q4 2019 | $1.3MM$1.3MM |
Always verify rates and promotions with the bank or credit union. We are not TrustBank; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.92% | $50 | - | 60 Month IRA | |
0.72% | $50 | - | 48 Month IRA | |
0.52% | $50 | - | 24 Month IRA | |
0.47% | $50 | - | 18 Month IRA | |
0.47% | $50 | - | 18 Month Variable IRA | |
0.17% | $50 | - | 182 Day IRA |
TrustBank Locations | ||
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Phoenix Az Branch | 2375 East Camelback Road, Suite 155 | Phoenix, AZ 85016 |
Chandler Branch | 4903 South Alma School Road, Suite 5 | Chandler, AZ 85248 |
Cisne Branch | 401 Park Street | Cisne, IL 62823 |
Richland County Mall Facility | 537 North West Street | Olney, IL 62450 |
Trustbank | 600 East Main Street | Olney, IL 62450 |
Trustbank Branch | 14631 N. Scottsdale Road | Scottsdale, AZ 85254 |