Tonica State Bank was established in 1914 with the concept of being a full service bank focusing on customer service. In 1983, Tonica State Bank acquired The Farmers State Bank of Lostant. In 1988, the names of the banks changed to reflect the unified financial presence and were named Illini State Bank. In 1992, Illini State Bank built a new facility on South Columbia Ave in Oglesby. In 1998, the Oglesby facility doubled in size to accommodate increasing growth and to better serve our customers. In 2014 Illini Investment Services was developed to further enhance our full service pledge.
After over 100 years in the area, Illini State Bank remains locally owned and operated. All decisions are made by management and a board of directors comprised of local individuals. It is because of the integrity, astute business decisions, and support of our many loyal customers that ISB has continued to be a financially sound bank here to support our communities. Our stability is proven by our 3 locations, approximately $110,000,000 in total assets, and a 5-star bank ranking by Bauer Financials for 104 consecutive quarters.
Why is Illini State Bank the ONE and ONLY bank you’ll ever need?
Fulfilling our founding values of being a full service bank focused on customer service is still our main goal. As times change, we have never wavered from providing friendly and professional financial services to our customers. We are small enough to offer friendly, personal service, but yet, big enough to offer an array of financial services. We offer products that last you a lifetime. From your first savings and checking account to your first car loan and even home purchase we will be here for you. Most recently, Illini State Bank has acquired a mobile application to better serve our customers along with an online mortgage application. Illini State Bank IS the ONE and ONLY Bank you’ll ever need and has been proudly serving your community for over 100 years.