Company Information

Get to know First Mid-Illinois Bank & Trust

Founded in 1865, First Mid Bank & Trust is a community bank with a long history of serving its local areas. It operates as the principal subsidiary of First Mid Bancshares, Inc. The bank's mission is to fulfill the financial needs of its communities with outstanding service and products. It provides a comprehensive suite of financial services, including commercial, retail, and agricultural banking, as well as wealth management, trust, and insurance services for individuals, businesses, and farm operations.

Industry

Financial BankingPRIMARY
Financial Other Service
Financial Wealth Management

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First Mid-Illinois Bank & Trust

United States

Founded in

1865 (161 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.