INB
Industry | Financial services |
---|---|
Founded | 1999 |
Headquarters | , USA |
Number of locations | 13 full-service banches, Remittance Center, one lending office; more than 25,000 ATMs nationwide |
Key people | Sarah Phalen, Pat Phalen, Tom Gihl, Brett Tiemann, John Wilson |
Services | Banking, Investments, Finance mortgages, Wealth Management, Tax services, Lockbox, Business and Personal banking |
Number of employees | Over 250 |
Website | http://www.inb.com/ |
INB, N.A., formerly Illinois National Bank, is a locally owned, privately held national bank based in Springfield, Illinois. It operates 13 branches and a remittance processing center in central Illinois, as well as a loan production office in Chesterfield, Missouri.[1]
First generation[]
The original Illinois National Bank was established in 1886 in Springfield, Illinois. In 1989, the bank was sold to First of America Bank[2] and assumed that name on February 1, 1990.[3] In 1997, First of America was sold to National City Bank, which was in turn sold to PNC Bank in 2008.
Second generation[]
![Illinois National Bank, 322 E. Capitol Ave., Springfield, IL](http://upload.wikimedia.org/wikipedia/commons/thumb/b/ba/Illinois_National_Bank%2C_322_E._Capitol_Ave.%2C_Springfield%2C_IL.jpg/220px-Illinois_National_Bank%2C_322_E._Capitol_Ave.%2C_Springfield%2C_IL.jpg)
In 1999, a group of Springfield investors and former employees of the first Illinois National Bank came together to form the second generation INB. The new bank opened on June 21, 1999.[4][1] Beginning with one branch in downtown Springfield, the bank has grown to 13 branches in Central Illinois. INB acquired a remittance processing center in 2000; it is the largest in Illinois outside the Chicago area. Over the years, INB expanded outside the Springfield area by opening branches in Peoria, Bloomington and Champaign. There is also a loan production office in the St. Louis metropolitan area. In 2019, the bank changed its formal name to INB, National Association – shortened to INB, N.A. or INB for most purposes.[5]
Services[]
INB offers traditional banking products such as checking and savings accounts, mortgage and other loan services, and certificates of deposit; also retirement products like Individual Retirement Accounts (IRA), remittance processing services, and tax preparation services.
References[]
- ^ Jump up to: a b "Illinois National Bank (INB) History". illinoisnationalbank.com. Retrieved 23 December 2015.
- ^ "Bloomington, IL Mortgage and Commercial Loans". illinoisnationalbank.com. Retrieved 23 December 2015.
- ^ "InstitutionHistory". ffiec.gov. Retrieved 23 December 2015.
- ^ "IRWeblink". snl.com. Retrieved 23 December 2015.
- ^ "It's Official: Illinois National Bank is INB".
- Banks based in Illinois
- Banks established in 1886
- Banks established in 1999
- Springfield, Illinois
- Banks disestablished in 1990
- 1886 establishments in Illinois
- 1990 disestablishments in Illinois
- Companies based in Sangamon County, Illinois
- 1999 establishments in Illinois
- Bank stubs