TNB Bank

TNB Bank, originally established as Tuscola State Bank in 1890, underwent several significant changes throughout its history. On July 31, 1940, the institution changed its name to Tuscola National Bank and became a national bank under the jurisdiction of The Office of the Comptroller of the Currency, gaining membership in the Federal Reserve System. The bank subsequently relocated its main office to 214 North Main Street in Tuscola, Illinois. In 1984, it moved again to 900 South Progress Boulevard, also in Tuscola. A major transition occurred on June 29, 2017, when the institution rebranded as TNB Bank, withdrew from the Federal Reserve System, and changed its regulatory framework to become a state-chartered bank under the supervision of the Federal Deposit Insurance Corporation (FDIC). The bank continued to operate until it merged with TrustBank on March 14, 2022, becoming part of that institution in Olney, Illinois.

Below is a list of some important events in banks history, including mergers and acquisitions.

1890-01-01Institution established. Original name: Tuscola State Bank.

1940-07-31Changed Chartering Agency to The Office of the Comptroller of the Currency.

1940-07-31Changed Bank Class to National Bank, member of the Federal Reserve System (FRS).

1940-07-31Changed Primary Federal Regulatory Agency to The Office of the Comptroller of the Currency.

1940-07-31Changed Institution Name to Tuscola National Bank.

1984-05-05Main Office moved to 214 North Main Street, Tuscola, IL 61953.

1994-10-08Main Office moved to 900 South Progress Boulevard, Tuscola, IL 61953.

2017-06-29Institution withdraws from membership in the Federal Reserve System.

2017-06-29Changed Chartering Agency to State.

2017-06-29Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).

2017-06-29Changed Primary Federal Regulatory Agency to FDIC.

2017-06-29Changed Institution Name to Tnb Bank.

2017-06-29Changed Trust Powers to None.

2022-03-14Merged and became part of TrustBank in Olney, IL.