INB
| Company type | Private |
|---|---|
| Industry | Banking |
| Founded | June 21, 1999 in Springfield, Illinois, United States |
| Founder | Springfield investors and former bank employees |
| Headquarters | Springfield , United States |
Area served | Central Illinois, St. Louis metropolitan area, Tampa and Miami, Florida |
| Products | Checking accounts, savings accounts, mortgage lending, loan services, certificates of deposit, Individual Retirement Accounts (IRA), remittance processing, tax preparation assistance |
INB, N.A., previously known as Illinois National Bank, is a privately owned national bank based in Springfield, Illinois. It maintains 13 branches along with a remittance processing facility in central Illinois, and operates loan production offices located in Chesterfield, Missouri, as well as Tampa and Miami, Florida.
First generation
The initial Illinois National Bank was established in Springfield in 1886. In 1989, it was acquired by First of America Bank and underwent rebranding the following year. Subsequently, First of America was purchased by National City Bank in 1997, which itself was later sold to PNC Bank in 2008.
Second generation
The second iteration of INB was created in 1999 by Springfield investors and former bank employees, officially launching on June 21 of that year. Beginning with a single branch downtown, the bank grew to encompass 13 locations throughout Central Illinois. In 2000, it expanded by acquiring a remittance processing center—Illinois’ largest outside the Chicago area—and established branches in Peoria, Bloomington, and Champaign. Loan production offices support both the St. Louis metropolitan region and Florida markets including Tampa and Miami.
In 2019, the institution officially adopted the name INB, National Association (INB, N.A.).
Services
INB offers a range of conventional banking products such as checking and savings accounts, mortgage lending, loan services, and certificates of deposit. Additionally, it provides retirement solutions including Individual Retirement Accounts (IRA), remittance processing, and assistance with tax preparation services.