Cbi bank and trust

Author: i | 2025-04-25

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with bankers they know and trust. Our goal is to transition the current Farmers-Merchants Bank staff to the CBI Bank Trust organization. About CBI Bank Trust . CBI Bank Trust, based

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CBI Bank and Trust and Walcott Trust and Savings

Branch Name:KalonaService Type:Full-Service, OfficeState & County:Iowa - WashingtonCity or Town:KalonaZip Code:52247Office Address:402 B Avenue, Kalona, IA 52247✎EditMap of Branch Location402 B Ave, Kalona, IA 52247Branch InformationThe CBI Bank & Trust Kalona branch is one of the bank's 18 locations and has been serving the financial needs of their customers in Kalona, Washington County, Iowa for over 25 years. The Kalona branch operates as a full-service, brick and mortar office and is located at 402 B Avenue, Kalona, IA 52247. You can can contact the branch by calling 319-656-2265 or by visiting the location during regular business hours for assistance with your banking needs, such as opening checking and savings accounts, applying for loans and managing financial transactions.The routing number for CBI Bank & Trust Kalona branch is 073900742. It is valid for Automated Clearing House ACH transactions, such as direct deposits and bill payments as well as wire transfers, which are used for real-time bank-to-bank transactions. We recommend that you contact the branch directly to verify this information before proceeding with any transactions.Branch Hours■ Monday:9:00am - 5:00pm■ Tuesday:9:00am - 5:00pm■ Wednesday:9:00am - 5:00pm■ Thursday:9:00am - 5:00pm■ Friday:9:00am - 5:00pm■ Saturday:9:00am - 12:00pm■ Sunday:ClosedCBI Bank & Trust Kalona is open Monday to Saturday and closed on Sundays. The branch opens at 9:00am in the morning. Please be advised that this information reflects the standard opening and closing hours of CBI Bank & Trust and is subject to change. We recommend contacting the Kalona branch prior to your visit to confirm its hours of operation and availability.Bank InformationBank Type:Federal Reserve Member BankFDIC Insurance:Certificate #1552Routing Number:ACH & Wire - 073900742Online Banking:cbibt.comBranch Count:18 Offices in 3 states

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CBI Bank Trust Personal and Business Banking

Former names as offices of Central State Bank. On April 1, 2015, the bank's parent company, Muscatine-based Central Bancshares, Inc., acquired Buffalo Prairie State Bank, Buffalo Prairie, Illinois and merged it into the organization, and began operating it under its former name as an office of Central State Bank.On September 1, 2015, Central State Bank changed its name to CBI Bank & Trust and brought all of its banking centers together under a single name, logo and brand.Freedom Security BankFreedom Security Bank was founded in 1899 as Farmers Savings Bank in Kalona, Iowa. It had a legacy of strong family leadership and commitment to the community through the Skola family, dating back to Fred Skola, Sr.’s employment with the bank in 1903. Three generations of the family served as President prior to the sale of the institution to Central Bancshares, Inc., in 1994.In 2002, the bank expanded beyond the Kalona market, building a new facility at 1st Avenue and Holiday Road in Coralville, Iowa. It concurrently changed its name to Freedom Security Bank to reflect its broadened scope of operations.In mid-2014, the bank was merged into Central State Bank, Muscatine, Iowa. It continued to operate under its former name, as an office of Central State Bank, until September 1, when all Central State Bank offices were combined under the same name and branding of CBI Bank & Trust.West Chester Savings BankWest Chester Savings Bank was incorporated March 6, 1900 and the organization’s first building was constructed shortly thereafter in the village of West Chester, Iowa. It opened its doors for its first day of business on July 16, 1900.The bank enjoyed steady growth over the years. A very notable characteristic is that it never closed its doors in the 1930s during the Great Depression.In 1948, controlling interest in the bank was sold to A.R. Wolf, his son Calvin C. Wolf, and son-in-law John Butler. In 1985, Farmers Savings Bank of Kalona purchased a controlling interest from the major stockholders and continued to operate the institution as a separate, independent entity.In 1994, the bank was sold to Central Bancshares, Inc. of Muscatine, Iowa and in 1995, the bank charter was moved to Washington, Iowa, where a temporary bank office was leased while construction began on a 2,500 square foot permanent banking facility, which opened for business in March, 1997. In April, 2002, the West Chester facility was consolidated into Washington Banking Center and in 2005, work was completed a 4,000 square foot addition constructed to accommodate continued growth of the organization.In July, 2014, the bank was merged into Central State Bank, Muscatine, Iowa. It continued to operate under the name West Chester Savings Bank, as an office of Central State Bank, until September 1, 2015, when all Central State Bank offices were combined under the same name and branding of CBI Bank & Trust.Buffalo Prairie State BankBuffalo Prairie State Bank, located in Buffalo Prairie, Illinois, was chartered in September, 1920. Over the years it developed an excellent reputation serving the banking

CBI Bank Trust Personal Banking and Lending

99. Interactive Brokers is publicly traded, does not operate a bank, and is authorised by nine Tier-1 regulators (Highly Trusted), one Tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and zero Tier-4 regulators (High Risk). Interactive Brokers is authorised by the following tier-1 regulators: Investment Industry Regulatory Organization of Canada (IIROC), Securities Futures Commission (SFC), Japanese Financial Services Authority (JFSA), Financial Conduct Authority (FCA), Monetary Authority of Singapore (MAS), Central Bank of Ireland (CBI), Swiss Financial Market Supervisory Authority (FINMA), Commodity Futures Trading Commission (CFTC), and regulated in the European Union via the MiFID passporting system. Learn more about Trust Score or see where the different Interactive Brokers entities are regulated. Feature Year Founded info 1977 Publicly Traded (Listed) info Yes Bank info No Tier-1 Licenses info 9 Tier-2 Licenses info 2 Tier-3 Licenses info 0 Tier-4 Licenses info 0 Range of investments Interactive Brokers offers a significant range of tradeable global markets. However, the availability of those markets will depend on where you reside and which Interactive Brokers entity holds your account. For example, retail spot forex trading is not available to U.S. residents (unless you are designated as an ‘Eligible Contract Participant’ by Interactive Brokers), and CFDs are not available to clients in the U.S., Canada, or Hong Kong. For U.S. forex trading, see our U.S. forex brokers guide. In 2024, Interactive Brokers launched IBKR ForecastTrader, a web-based platform that allows you to speculate on economic and geopolitical events, such as the U.S. presidential election, as well as climate events, like predicting total global carbon dioxide emissions for the year. Cryptocurrency: Interactive Brokers was featured among our top picks for the best crypto trading platforms. Cryptocurrency trading is not available at Interactive Brokers through CFDs, but is available through trading the underlying asset (e.g. buying Bitcoin) through Interactive Brokers' partnership with Paxos and Zero Hash, and via OSL Digital Securities (for HK residents). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents. The following table summarizes the different investment products available to Interactive Brokers clients. Feature Forex Trading (Spot or CFDs) info Yes Tradeable Symbols (Total) info 8500 Forex Pairs (Total) info 90 U.S. Stock Trading (Non CFD) info Yes Int'l Stock Trading (Non CFD) info Yes Social Trading / Copy Trading info No Cryptocurrency (Physical) info Yes Cryptocurrency (Derivative) info Yes Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Commissions and fees Interactive Brokers does appear to offer competitive pricing; however, it is difficult to make a precise comparison as Interactive Brokers does not publish its average spreads for forex. That said, we were able to obtain average spreads during Q3 2024 for the EUR/USD at IBKR: 0.19 pips, or an effective all-in spread of 0.59 pips after commission. Forex pricing summary: For forex trading, commissions per side start at 0.00002 (0.2 basis points) of the U.S. dollar trade value with a minimum. with bankers they know and trust. Our goal is to transition the current Farmers-Merchants Bank staff to the CBI Bank Trust organization. About CBI Bank Trust . CBI Bank Trust, based

Banking With CBI Bank Trust Is Convenient And Easy

Needs of western Rock Island County, Illinois. Growth was steady and at year-end 2014 total assets were over $71 million.The bank was purchased by Central Bancshares, Inc., on April 1, 2015 and concurrently merged into Central State Bank, Muscatine, Iowa. It continued to operate under its former name, as an office of Central State Bank until September 1, 2015, when all Central State Bank locations were combined under the same name and branding of CBI Bank & Trust.CBI Bank & Trust is a wholly owned subsidiary of Muscatine-based Central Bancshares, Inc., which also owns F&M Bank in Galesburg, Illinois. Collectively, the holding company has approximately $850 million in total assets and serves an estimated 40,000-42,000 consumer households and businesses through thirteen full-service banking locations in east-central Iowa and west-central Illinois. Stock in the organization is closely held and not actively traded. A majority of the outstanding shares are owned by individuals who either live in or are connected to the Muscatine, Iowa area.The bank's primary market area consists of Muscatine County, Iowa, Washington County, Iowa, Johnson County, Iowa, western Scott County, Iowa, and western Rock Island County, Illinois. It serves individuals, families and businesses in this trade area through nine full-service locations: three in Muscatine, Iowa, and one each in Coralville, Iowa, Davenport, Iowa, Kalona, Iowa, Washington, Iowa, Wilton, Iowa and Buffalo Prairie, Illinois.Over the years, the bank has consistently been one of the largest financial institutions in its home market of Muscatine County, Iowa. Local deposit market share has traditionally been in the high 20% to low 30% range, with slight variations from year to year.CBI Bank & Trust offers a full range of banking products and services including checking, savings and money market accounts; CDs, IRAs and related investments; personal, auto, consumer and home equity loans; conventional, insured and first-time homebuyer mortgages; business, commercial and ag loans; commercial deposit and cash management products; remote deposit capture and merchant processing services; online banking, online bill pay, mobile and telephone banking services; ATM, debit, credit, HSA and gift cards; automated teller machines, drive up and night deposit services; stocks, mutual funds, annuities and investment advisory services (through its affiliate, CBI Investment Services); and trust services.It hosts several bank clubs, most notably the Ambassador Club, open to customers age 50 and better with qualifying banking relationships, and the Mini-Millionaires Club, developed to help children age 12 and under develop good savings and money habits.Access to banking services is available Monday through Friday at its Davenport location and Monday through Saturday at all of its other locations except for the Hy-Vee Super Bank, located in Muscatine's Hy-Vee Supermarket, which is open seven days a week.The organization places a high priority on good corporate citizenship in the form of community involvement and philanthropic efforts. Bank officers serve in leadership capacities, on boards, and on committees for a wide range of organizations in its trade area. Employees are encouraged to volunteer their time and efforts to local civic and charitable causes.Charitable giving is consistent,

CBI Bank Trust - Bank Branch Locator

Poses challenges in implementing effective monetary policies. Digital banking provides the CBI with better data on money supply, spending patterns, and financial transactions, allowing for more precise policy decisions.With enhanced digital transaction monitoring, the CBI can more effectively control inflation, adjust interest rates, and manage the overall economic environment to support the Iraqi Dinar’s value.Challenges and Roadblocks to Digital Banking Growth in IraqWhile digital banking holds great promise for Iraq’s economic future, several challenges need to be addressed:Infrastructure Limitations: Iraq still faces issues related to unreliable electricity and internet access, which can hinder the widespread adoption of digital banking services.Cybersecurity Concerns: As digital banking expands, the risk of cyber threats and fraud also increases. Strengthening cybersecurity measures and educating users about digital security are critical.Regulatory Barriers: The legal and regulatory framework governing digital banking needs further refinement to encourage innovation while ensuring financial security and consumer protection.Public Awareness and Trust: Many Iraqis remain skeptical about online banking due to a lack of awareness and trust in financial institutions. Public education campaigns can help build confidence in digital financial services.The Future of the Iraqi Dinar in a Digital EconomyAs Iraq continues its digital banking transformation, the future of the Iraqi Dinar looks promising. If implemented effectively, digital banking innovations can enhance financial stability, attract foreign investments, and increase public trust in the financial system.The Central Bank of Iraq’s ongoing initiatives, coupled with advancements in fintech and blockchain technology, indicate a move towards a more transparent and efficient financial ecosystem. The Iraqi Dinar could see greater stability and potential appreciation as the economy integrates more fully into the global financial system.ConclusionThe adoption of digital banking in Iraq is a game-changer, not just for the country’s financial sector but also for the future of the Iraqi Dinar. By reducing reliance on cash, increasing financial inclusion, and attracting foreign investment, digital banking has the potential to strengthen the currency and support long-term economic growth.While challenges remain, the trajectory of Iraq’s digital banking revolution is set to reshape the financial landscape, paving the way for a more stable and prosperous economy. Investors, policymakers, and financial experts should closely monitor these developments, as the evolution of digital banking in Iraq will undoubtedly play a pivotal role in determining the Dinar’s future in the global economy. Contact us today to learn more!The post The Future of the Iraqi Dinar: How Digital Banking Innovations Are Changing the Game appeared first on Dinar Exchange.source

CBI Bank Trust - Walcott Banking Center

Kamil Anwar : Hello & Welcome to JustAnswer. I'm Kamil and i will do my best to assist you.Kamil Anwar : We are JustAnswer.com not related to MYPCBACKUP but i'll be happy to assist you with this.Kamil Anwar : To request a refund of the charge and turn your auto charge/renewal off with them, you will need to call 1-888-851-0945Kamil Anwar : If however, you are unable to get to them you can call your bank and tell them to initiate a charge back for the two transactions from them, since you have not authorized it and banks are aware of programs like this - if you go with the bank option then you should also request bank to issue you a replacement card with a new number to avoid charges from them.Does that take care of both?Kamil Anwar : Regarding the CBI WINZIP CLEVERBRIDG it appears to be from WinZip - if you call your bank they will be able to take both charges off (but if you go this route) then tell them that the card has been lost/stolen so they can issue you a refund and a new card, this will prevent automatic charges from companies who you may have given the card details to. Kamil Anwar : The number to call for the second charge is 1-866-522-685Kamil Anwar : If i were you i would report my card as lost/stolen because i would not feel secure automatic charges without my knowledge + these companies having my card details. When you call the bank, you have to tell them that you would like to do a charge back on two unauthorized transactions.Kamil Anwar : and need a replacement / new card issues and be very careful when you give your card details on the internet.I'll proceed on. with bankers they know and trust. Our goal is to transition the current Farmers-Merchants Bank staff to the CBI Bank Trust organization. About CBI Bank Trust . CBI Bank Trust, based with bankers they know and trust. Our goal is to transition the current Farmers-Merchants Bank staff to the CBI Bank Trust organization. About CBI Bank Trust . CBI Bank Trust, based

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Branch Name:KalonaService Type:Full-Service, OfficeState & County:Iowa - WashingtonCity or Town:KalonaZip Code:52247Office Address:402 B Avenue, Kalona, IA 52247✎EditMap of Branch Location402 B Ave, Kalona, IA 52247Branch InformationThe CBI Bank & Trust Kalona branch is one of the bank's 18 locations and has been serving the financial needs of their customers in Kalona, Washington County, Iowa for over 25 years. The Kalona branch operates as a full-service, brick and mortar office and is located at 402 B Avenue, Kalona, IA 52247. You can can contact the branch by calling 319-656-2265 or by visiting the location during regular business hours for assistance with your banking needs, such as opening checking and savings accounts, applying for loans and managing financial transactions.The routing number for CBI Bank & Trust Kalona branch is 073900742. It is valid for Automated Clearing House ACH transactions, such as direct deposits and bill payments as well as wire transfers, which are used for real-time bank-to-bank transactions. We recommend that you contact the branch directly to verify this information before proceeding with any transactions.Branch Hours■ Monday:9:00am - 5:00pm■ Tuesday:9:00am - 5:00pm■ Wednesday:9:00am - 5:00pm■ Thursday:9:00am - 5:00pm■ Friday:9:00am - 5:00pm■ Saturday:9:00am - 12:00pm■ Sunday:ClosedCBI Bank & Trust Kalona is open Monday to Saturday and closed on Sundays. The branch opens at 9:00am in the morning. Please be advised that this information reflects the standard opening and closing hours of CBI Bank & Trust and is subject to change. We recommend contacting the Kalona branch prior to your visit to confirm its hours of operation and availability.Bank InformationBank Type:Federal Reserve Member BankFDIC Insurance:Certificate #1552Routing Number:ACH & Wire - 073900742Online Banking:cbibt.comBranch Count:18 Offices in 3 states

2025-03-28
User1193

Former names as offices of Central State Bank. On April 1, 2015, the bank's parent company, Muscatine-based Central Bancshares, Inc., acquired Buffalo Prairie State Bank, Buffalo Prairie, Illinois and merged it into the organization, and began operating it under its former name as an office of Central State Bank.On September 1, 2015, Central State Bank changed its name to CBI Bank & Trust and brought all of its banking centers together under a single name, logo and brand.Freedom Security BankFreedom Security Bank was founded in 1899 as Farmers Savings Bank in Kalona, Iowa. It had a legacy of strong family leadership and commitment to the community through the Skola family, dating back to Fred Skola, Sr.’s employment with the bank in 1903. Three generations of the family served as President prior to the sale of the institution to Central Bancshares, Inc., in 1994.In 2002, the bank expanded beyond the Kalona market, building a new facility at 1st Avenue and Holiday Road in Coralville, Iowa. It concurrently changed its name to Freedom Security Bank to reflect its broadened scope of operations.In mid-2014, the bank was merged into Central State Bank, Muscatine, Iowa. It continued to operate under its former name, as an office of Central State Bank, until September 1, when all Central State Bank offices were combined under the same name and branding of CBI Bank & Trust.West Chester Savings BankWest Chester Savings Bank was incorporated March 6, 1900 and the organization’s first building was constructed shortly thereafter in the village of West Chester, Iowa. It opened its doors for its first day of business on July 16, 1900.The bank enjoyed steady growth over the years. A very notable characteristic is that it never closed its doors in the 1930s during the Great Depression.In 1948, controlling interest in the bank was sold to A.R. Wolf, his son Calvin C. Wolf, and son-in-law John Butler. In 1985, Farmers Savings Bank of Kalona purchased a controlling interest from the major stockholders and continued to operate the institution as a separate, independent entity.In 1994, the bank was sold to Central Bancshares, Inc. of Muscatine, Iowa and in 1995, the bank charter was moved to Washington, Iowa, where a temporary bank office was leased while construction began on a 2,500 square foot permanent banking facility, which opened for business in March, 1997. In April, 2002, the West Chester facility was consolidated into Washington Banking Center and in 2005, work was completed a 4,000 square foot addition constructed to accommodate continued growth of the organization.In July, 2014, the bank was merged into Central State Bank, Muscatine, Iowa. It continued to operate under the name West Chester Savings Bank, as an office of Central State Bank, until September 1, 2015, when all Central State Bank offices were combined under the same name and branding of CBI Bank & Trust.Buffalo Prairie State BankBuffalo Prairie State Bank, located in Buffalo Prairie, Illinois, was chartered in September, 1920. Over the years it developed an excellent reputation serving the banking

2025-04-14
User1681

Needs of western Rock Island County, Illinois. Growth was steady and at year-end 2014 total assets were over $71 million.The bank was purchased by Central Bancshares, Inc., on April 1, 2015 and concurrently merged into Central State Bank, Muscatine, Iowa. It continued to operate under its former name, as an office of Central State Bank until September 1, 2015, when all Central State Bank locations were combined under the same name and branding of CBI Bank & Trust.CBI Bank & Trust is a wholly owned subsidiary of Muscatine-based Central Bancshares, Inc., which also owns F&M Bank in Galesburg, Illinois. Collectively, the holding company has approximately $850 million in total assets and serves an estimated 40,000-42,000 consumer households and businesses through thirteen full-service banking locations in east-central Iowa and west-central Illinois. Stock in the organization is closely held and not actively traded. A majority of the outstanding shares are owned by individuals who either live in or are connected to the Muscatine, Iowa area.The bank's primary market area consists of Muscatine County, Iowa, Washington County, Iowa, Johnson County, Iowa, western Scott County, Iowa, and western Rock Island County, Illinois. It serves individuals, families and businesses in this trade area through nine full-service locations: three in Muscatine, Iowa, and one each in Coralville, Iowa, Davenport, Iowa, Kalona, Iowa, Washington, Iowa, Wilton, Iowa and Buffalo Prairie, Illinois.Over the years, the bank has consistently been one of the largest financial institutions in its home market of Muscatine County, Iowa. Local deposit market share has traditionally been in the high 20% to low 30% range, with slight variations from year to year.CBI Bank & Trust offers a full range of banking products and services including checking, savings and money market accounts; CDs, IRAs and related investments; personal, auto, consumer and home equity loans; conventional, insured and first-time homebuyer mortgages; business, commercial and ag loans; commercial deposit and cash management products; remote deposit capture and merchant processing services; online banking, online bill pay, mobile and telephone banking services; ATM, debit, credit, HSA and gift cards; automated teller machines, drive up and night deposit services; stocks, mutual funds, annuities and investment advisory services (through its affiliate, CBI Investment Services); and trust services.It hosts several bank clubs, most notably the Ambassador Club, open to customers age 50 and better with qualifying banking relationships, and the Mini-Millionaires Club, developed to help children age 12 and under develop good savings and money habits.Access to banking services is available Monday through Friday at its Davenport location and Monday through Saturday at all of its other locations except for the Hy-Vee Super Bank, located in Muscatine's Hy-Vee Supermarket, which is open seven days a week.The organization places a high priority on good corporate citizenship in the form of community involvement and philanthropic efforts. Bank officers serve in leadership capacities, on boards, and on committees for a wide range of organizations in its trade area. Employees are encouraged to volunteer their time and efforts to local civic and charitable causes.Charitable giving is consistent,

2025-04-17
User4241

Poses challenges in implementing effective monetary policies. Digital banking provides the CBI with better data on money supply, spending patterns, and financial transactions, allowing for more precise policy decisions.With enhanced digital transaction monitoring, the CBI can more effectively control inflation, adjust interest rates, and manage the overall economic environment to support the Iraqi Dinar’s value.Challenges and Roadblocks to Digital Banking Growth in IraqWhile digital banking holds great promise for Iraq’s economic future, several challenges need to be addressed:Infrastructure Limitations: Iraq still faces issues related to unreliable electricity and internet access, which can hinder the widespread adoption of digital banking services.Cybersecurity Concerns: As digital banking expands, the risk of cyber threats and fraud also increases. Strengthening cybersecurity measures and educating users about digital security are critical.Regulatory Barriers: The legal and regulatory framework governing digital banking needs further refinement to encourage innovation while ensuring financial security and consumer protection.Public Awareness and Trust: Many Iraqis remain skeptical about online banking due to a lack of awareness and trust in financial institutions. Public education campaigns can help build confidence in digital financial services.The Future of the Iraqi Dinar in a Digital EconomyAs Iraq continues its digital banking transformation, the future of the Iraqi Dinar looks promising. If implemented effectively, digital banking innovations can enhance financial stability, attract foreign investments, and increase public trust in the financial system.The Central Bank of Iraq’s ongoing initiatives, coupled with advancements in fintech and blockchain technology, indicate a move towards a more transparent and efficient financial ecosystem. The Iraqi Dinar could see greater stability and potential appreciation as the economy integrates more fully into the global financial system.ConclusionThe adoption of digital banking in Iraq is a game-changer, not just for the country’s financial sector but also for the future of the Iraqi Dinar. By reducing reliance on cash, increasing financial inclusion, and attracting foreign investment, digital banking has the potential to strengthen the currency and support long-term economic growth.While challenges remain, the trajectory of Iraq’s digital banking revolution is set to reshape the financial landscape, paving the way for a more stable and prosperous economy. Investors, policymakers, and financial experts should closely monitor these developments, as the evolution of digital banking in Iraq will undoubtedly play a pivotal role in determining the Dinar’s future in the global economy. Contact us today to learn more!The post The Future of the Iraqi Dinar: How Digital Banking Innovations Are Changing the Game appeared first on Dinar Exchange.source

2025-03-28
User3828

The story of CBI Bank & Trust actually consists of the history of four banks — Central State Bank, Freedom Security Bank, West Chester Savings Bank, and Buffalo Prairie State Bank — that came together to form the organization.Central State BankCentral State Bank's history can be traced to the mid-nineteenth century, a time when "private banks" — those not open to the general public — were the norm. The private banking house of Isett and Brewster of Muscatine was one of the earliest of this type in Iowa and operated successfully for a number of years. On May 1, 1865, it was converted to a state-chartered institution, Merchants Exchange Bank, which was opened to the general public. Later that year, conversion to a national charter brought a change in name to Merchants National Exchange Bank.In the early years, it was not unusual for banks to operate under two charters, one national and one state, with both institutions located in the same building and owned by the same stockholders. Nationally chartered banks traditionally catered to the needs of businesses and they could issue their own bank notes, which served as currency in the absence of today's Federal Reserve Notes. By contrast, state-chartered institutions emphasized serving individuals and families by accepting savings deposits and making loans for personal and home financing. In 1880, state-chartered Muscatine Savings Bank was organized for the purpose of serving the community in tandem with Merchants Exchange National Bank.During the intervening years, this dual-bank organization continued to grow. There were a couple of name changes along the way: in 1886, Merchants National became the First National Bank of Muscatine (no relationship to the present-day entity of the same name), and in 1907, Muscatine Savings Bank changed its name to the First Trust and Savings Bank of Muscatine. The year 1933 brought a combining of banking interests into a single operating unit, a new state charter, and a change in name to Central State Bank.From the 1930s through the 1990s the bank operated primarily in the Muscatine trade area and developed a reputation for leadership. It was among the first banks in Iowa to offer a sidewalk/walkup teller with extended hours for customer convenience (1957); the first bank in Muscatine to offer drive-up banking; the first to open an office on the community's north side (Park Avenue Banking Center, 1971) and the first to branch into the south side (Grandview Avenue Banking Center, 1977). It launched the area's first banking affinity group, the Ambassador Club (1988), and it was the first to offer in-store banking (Econofoods, 1990). It was also among the first in the area to offer ATM services, debit cards, online and mobile banking.In 2005, the bank branched beyond Muscatine for the first time, opening an office in Wilton, Iowa. In July, 2013, two affiliate banks, Freedom Security Bank (with locations in Coralville, Iowa and Kalona, Iowa) and West Chester Saving Bank (located in Washington, Iowa) were merged into the organization, but continued to operate under their

2025-04-13
User1588

Arkansas’ largest staffing agency, TEC Staffing Services, has been acquired by HireQuest Staffing Solutions, Inc. of South Carolina (NASDAQ: HQI). CBI Advisory Partners represented TEC in the transaction, according to Jon Holbert, President of CBI Advisory Partners. TEC Staffing Services’ 10 locations have provided quality staffing services to Northwest Arkansas, Central Arkansas and Eastern Oklahoma for over 40 years while establishing itself as the leader in staffing services for the region. Hirequest, a publicly traded company, has been operating in the staffing space for more than 30 years, and now has over 230 locations in 37 States and Washington, D.C. Hirequest provides employment to over 80,000 job seekers annually and this acquisition marks a significant addition to their presence in Arkansas and the Southeast. Hirequest leadership is very excited about this acquisition and will operate in all 10 locations according to its Snelling Personnel franchise model. CBI Advisory Partners President, Jon Holbert and Executive Vice President, Charles Rateliff, facilitated this transaction. CBI Advisory Partners is a Lower Mid-Market Mergers and Acquisition firm and is part of The CBI Team family of companies founded in 1994. CBI is the region’s largest business brokerage and LMMM&A firm serving Arkansas, Oklahoma and Tennessee from 4 office locations, Northwest Arkansas (Springdale), Central Arkansas (Little Rock) Tulsa, Oklahoma and Memphis Tennessee. To learn more read Talk Business & Politics’ article here or visit: www.cbiadvisorypartners.comCBI Advisory Partners (877) 582-5200 Email: [email protected]

2025-04-06

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