Company Information

Get to know First Trust Bank of Illinois

Founded in 1919 as First Trust & Savings Bank of Kankakee, First Trust Bank is a community bank dedicated to serving the financial needs of individuals, families, and businesses. With a history spanning over a century, the bank emphasizes personalized service, local decision-making, and strong community involvement. It offers a comprehensive range of financial products, including personal and business checking and savings accounts, loans, mortgages, and digital banking solutions, primarily serving communities within Kankakee, Will, and Grundy counties in Illinois.

Industry

Financial BankingPRIMARY
Financial Other Service

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First Trust Bank of Illinois

United States

Founded in

01 Jan 1998 (28 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

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Warning

This company is currently Unproved.

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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.