The Bank of Advance
- Bank Name:The Bank of Advance
- Bank Class:State Chartered - FED Member Bank
- Member FDIC:Certificate #9369
- Routing Number:ACH & Wire - 081506523
- Locations:7 Branches in 2 states
- Web Address:bankofadvance.com
The Bank of Advance Information
The Bank of Advance was founded in January 1902 and is based in Advance, Missouri. The bank operates as a subsidiary of Miles Bancshares, Inc.. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, The Bank of Advance is classified as a commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB). The Bank of Advance is a FDIC-insured bank with certificate number of 9369. The assigned Fed RSSD ID of The Bank of Advance is 879644.
The Bank of Advance currently operates with 7 branches located in 2 states. The Bank of Advance is the 71st largest bank in Missouri.
A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for The Bank of Advance is 081506523. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.
The full address of bank headquarters is 105 East Gabriel Street, Advance, MO 63730. You can visit the official website of the bank at https://www.bankofadvance.com for more information and online banking service if available. For a comprehensive list of The Bank of Advance branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.
Map Of Branch Locations
History Of The Bank of Advance
The Bank of Advance is a financial institution located in Advance, Missouri, established on January 30, 1902. Originally named The Bank of Advance, it has undergone several significant changes throughout its history. On December 18, 1972, the main office relocated to the intersection of Ash and Gabriel Streets in Advance. The bank then moved its main office again on February 1, 1999, to 105 East Gabriel Street in Advance. In the early 2000s, The Bank of Advance expanded its operations by acquiring Bowen State Bank in Bowen, Illinois, and The First National Bank of Lerna in Lerna, Illinois, on January 1, 2005. A notable regulatory change occurred on November 26, 2013, when the bank changed its primary federal regulatory agency to the Federal Reserve (FED) and became a state-chartered bank, joining the Federal Reserve System.
Below is a list of some important events in bank's history, including mergers and acquisitions.
11-26-2013Changed Primary Federal Regulatory Agency to FED.
11-26-2013Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).
11-26-2013Institution becomes member of the Federal Reserve System.
01-01-2005Acquired Bowen State Bank in Bowen, IL.
01-01-2005Acquired The First National Bank of Lerna in Lerna, IL.
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