Bank has operated as part of First National of Nebraska since 2002
On September 8, Castle Bank will officially change its name to First National Bank, announced Timothy A. Struthers, president. Castle Bank, which became part of First National of Nebraska in 2002, has operated as a division of First National Bank of Omaha since 2010. Castle Bank has 14 banking offices located in DeKalb, Kendall, Kane, Boone and McHenry Counties in North Central Illinois.
Absolutely nothing will change except our name,” Struthers said. “Our customers will continue to bank with the same great, family-owned company they know and trust and the same local bankers they rely on today.”
Castle Bank was founded by Miles B. Castle in 1856 in Sandwich, Illinois. John W. Castle currently serves as the bank’s chairman.
Struthers said that becoming First National Bank allows customers to take advantage of the depth, breadth and reputation of an organization with more than 100 locations across a seven-state area. “First National Bank is well regarded and active in supporting dozens of communities throughout the Midwest that are very much like the communities we serve,” he said.
First National Bank was formed in 1857 and today is recognized as one of the “Best Banks in America” by Forbes Magazine. First National Bank is a subsidiary of First National of Nebraska. First National of Nebraska is the largest privately owned banking company in the United States. First National and its affiliates have $19 billion in managed assets and 5,000 employee associates. Primary banking offices are located in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota and Texas.