Arcola First Bank
| Status: | Inactive as of 05/17/2024 |
| Merger - Without Assistance | |
| Successor Bank: | Peoples Bank & Trust |
| Headquarters: | Arcola First Bank 127 S Oak St Arcola, IL 61910 |
| Established: | 11/09/1874 |
| FDIC Insurance: | 01/01/1934 |
| FDIC Cert: | #3598 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $121,475,000 |
| Total Deposits: | $111,530,000 |
History
| 1874-11-09 | Institution established: Original name:The First National Bank of Arcola | |
| 1988-03-11 | Change trust powers from FULL TRUST POWERS GRANTED to LIMITED TRUST POWERS GRANTED | |
| 1991-06-07 | Acquired First Federal Savings Association of Tuscola (33168) in TUSCOLA, IL | |
| 2011-09-09 | Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS | |
| 2011-09-09 | Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION | |
| 2024-05-17 | Merged into and subsequently operated as part of Peoples Bank & Trust (17320) |