TrustBank

Overview / Commentary

www.trustbank.net

800-766-3451

600 East Main Street
Olney, IL 62450

TrustBank is headquartered in Olney and is the 159^th largest bank in the state of Illinois. It is also the 2,531^st 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.

View all posts from:

2010

12/7 - Add-On CD At Trustbank (12,18 And 48 Month)
7/26 - Competitive Long-Term CDs and Add-On CD at TrustBank in IL & AZ - Available Nationwide
7/26 - Reward Checking with a Very High Yield but a Very Low Balance Cap at TrustBank in IL & AZ - Available Nationwide
6/16 - 2.40% 36-Mo, 3.00% 60-Mo Cds In AZ & IL
6/16 - 7.00% Reward Checking BUT $1K Max In AZ & IL

Reviews (1)

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Excellent Experience Banking At Trustbank In Illinois

Posted by: pearlbrown | Dec 7, 2010

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.

Comment

Health

Data as of Q4 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	14662
Year Established	1912
Employees	66
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.63%
Return on Equity - YTD	13.93%
Annual Interest Income	$11.2MM

Assets and Liabilities
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

Rates

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Savings
Money Market
Checking
CD
IRA

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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.

TrustBank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.20%	$5	-	Christmas Club - Automatic Transfer
0.20%	$5	-	Christmas Club - Non-Automatic Transfer
0.10%	$100	-	iSavings
0.10%	$50	-	Health Savings Account
0.05%	$5	-	R. Banking Friends
0.05%	$100	-	Statement Savings
0.01%	$100	-	Passbook Savings

TrustBank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.20%^*	$1m^*	-	Money Market Max
OTHER TIERS: 0.10% → $10k - $100k \| 0.15% → $100k - $500k \| 0.18% → $500k - $1m
0.15%^*	$60k^*	-	Money Market
OTHER TIERS: 0.05% → $1k - $15k \| 0.07% → $15k - $30k \| 0.10% → $30k - $60k

TrustBank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%^*	$60k^*	-	iBusiness Checking
OTHER TIERS: 0.03% → $1k - $15k \| 0.05% → $15k - $30k \| 0.07% → $30k - $60k
0.07%^*	$5k^*	-	Advantage Plus
OTHER TIERS: 0.03% → $500 - $2.5k \| 0.05% → $2.5k - $5k
0.07%^*	$5k^*	-	Advantage Classic
OTHER TIERS: 0.03% → $1k - $2.5k \| 0.05% → $2.5k - $5k
0.07%^*	$5k^*	-	VIP Checking
OTHER TIERS: 0.03% → $1k - $2.5k \| 0.05% → $2.5k - $5k
0.07%^*	$5k^*	-	iChecking
OTHER TIERS: 0.03% → $500 - $2.5k \| 0.05% → $2.5k - $5k

TrustBank CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.90%	$500	-	60 Month CD
0.70%	$50	-	48 Month Dreambuilder CD
0.65%	$500	-	36 Month CD
0.60%	$500	-	30 Month CD
0.50%	$500	-	24 Month CD
0.50%	$500	-	24 Month Peace Of Mind CD
0.50%	$2.5k	-	24 Month HSA Savings CD
0.45%	$500	-	18 Month CD
0.45%	$50	-	18 Month Dreambuilder CD
0.40%	$500	-	12 Month CD
0.40%	$500	-	15 Month CD
0.40%	$50	-	12 Month Dreambuilder CD
0.25%	$500	-	9 Month CD
0.15%	$2.5k	-	182 Day CD
0.05%	$2.5k	-	91 Day CD

TrustBank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
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

Locations

TrustBank Locations
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

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