Villa Grove State Bank
- Bank Name:Villa Grove State Bank
- Bank Class:State Chartered - FED Nonmember Bank
- Member FDIC:Certificate #9273
- Routing Number:ACH & Wire - 071119807
- Locations:1 Branch in Illinois
- Web Address:villagrovestatebank.com
Villa Grove State Bank Information
Villa Grove State Bank was founded in October 1919 and is based in Villa Grove, Illinois. The bank operates as a subsidiary of Villa Grove Bancshares, Inc.. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, Villa Grove State Bank is classified as a commercial bank, state charter and Fed nonmember, supervised by the FDIC. Villa Grove State Bank is a FDIC-insured bank with certificate number of 9273. The assigned Fed RSSD ID of Villa Grove State Bank is 474245.
Villa Grove State Bank currently operates with 1 branch located in Illinois. The bank does not have any offices outside Illinois.
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 Villa Grove State Bank is 071119807. 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 10 North Main Street, Villa Grove, IL 61956. You can visit the official website of the bank at https://www.villagrovestatebank.com for more information and online banking service if available. For a comprehensive list of Villa Grove State Bank 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 Villa Grove State Bank
Villa Grove State Bank, established on October 19, 1919, is a financial institution located in Villa Grove, Illinois. Originally founded as Villa Grove State Bank, it changed its regulatory classification on April 15, 2013, when it withdrew from membership in the Federal Reserve System and became a state-chartered bank not affiliated with the Federal Reserve. Subsequently, the bank's primary federal regulatory agency changed to the Federal Deposit Insurance Corporation (FDIC) on the same date, and it also adjusted its trust powers to none on August 27, 2013. A significant milestone in its history occurred on December 16, 1989, when Villa Grove State Bank acquired The First National Bank of Villa Grove, further expanding its operations in the local area.
Below is a list of some important events in bank's history, including mergers and acquisitions.
08-27-2013Changed Trust Powers to None.
04-15-2013Changed Primary Federal Regulatory Agency to FDIC.
04-15-2013Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
04-15-2013Institution withdraws from membership in the Federal Reserve System.
12-16-1989Acquired The First National Bank of Villa Grove in Villa Grove, IL.
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