TrustBank is headquartered in Olney and is the 112th largest bank in the state of Illinois. It is also the 1,974th largest bank in the nation. It was established in 1912 and as of June of 2022, it had grown to 83 employees at 7 locations. TrustBank's money market rates are 70% higher than the national average, and it 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 | 83 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.68% |
Return on Equity - YTD | 17.04% |
Annual Interest Income | $8.0MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $421.6MM$326.3MM |
Loans | Q2 2022vs Q2 2021 | $361.9MM$235.3MM |
Deposits | Q2 2022vs Q2 2021 | $355.5MM$285.4MM |
Equity Capital | Q2 2022vs Q2 2021 | $40.5MM$32.8MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $3.8MM$3.4MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $877.00K$1.3MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$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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2.36% | $50 | - | 60 Month IRA | |
2.31% | $50 | - | 48 Month IRA | |
2.21% | $50 | - | 36 Month IRA | |
2.01% | $50 | - | 24 Month IRA | |
1.71% | $50 | - | 18 Month IRA | |
1.15% | $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 E Main St | Olney, IL 62450 |
Trustbank Branch | 14631 N. Scottsdale Road | Scottsdale, AZ 85254 |
Tuscola Branch | 900 South Progress Boulevard | Tuscola, IL 61953 |