Vermilion Valley Bank

Vermilion Valley Bank, originally chartered as the State Bank of Piper City in 1913, has a long-standing history of serving the rural community of Piper City, Illinois, with deposit trust and lending services primarily aimed at individual customers. Over the years, the bank has expanded its operations through acquisitions and the opening of new branches, allowing it to surpass $150 million in total assets by 2021. Committed to supporting small businesses and the agricultural community, Vermilion Valley Bank focuses on meeting the financial needs of its customers amidst economic challenges. With a strong emphasis on customer service and community engagement, the bank aims to foster growth and stability for the communities it serves. Generated from the website

Vermilion Valley Bank, established in 1913 as the State Bank of Piper City, has evolved into a trusted financial institution serving rural communities in Illinois. With a focus on providing deposit, trust, and lending services to individuals, the bank has grown steadily over the years, expanding its reach through strategic acquisitions and the addition of new branches. Committed to supporting small commercial businesses and consumers, Vermilion Valley Bank aims to meet the unique financial needs of rural communities, fostering their growth and prosperity. With a strong capital base and a customer-centric approach, Vermilion Valley Bank has positioned itself as a leader in its communities. By offering a range of services and leveraging technology, the bank continues to adapt to the changing economic landscape, ensuring it remains a reliable financial partner for its customers. Through its dedication to customer satisfaction and community support, Vermilion Valley Bank is poised to thrive and make a positive impact in the future.Generated from the website

Federated Bank, formerly known as the Onarga State Bank, was authorized by the state of Illinois to commerce business on Jan. 30, 1918. In 1983, the Onarga State Bank changed its name to Federated Bank of Onarga. In 1985, the bank purchased the Bank of Chebanse and changed all of its names to Federated Bank. The bank serves customers in Bradley, Chebanse, Loda and Onarga, Ill. It provides customers with a variety of loan products, such as personal loans, automobile loans, recreational loans, consumer real estate, home equity lines of credit, home construction, commercial loans of a number of types, agricultural loans, credit cards for personal and business use and ready reserve services. Federated Bank s main branch has continued to conduct business in the same banking house since its opening in Onarga.