Company Information

Get to know South Porte Bank

Founded in 1990 in Marion, Illinois, South Porte Bank is a community-focused financial institution dedicated to serving the needs of local individuals, families, and businesses. The bank prides itself on local decision-making and personalized customer service. In April 2021, South Porte Bank merged with Southern Illinois Bank but continues to operate under its established brand name as a branch, offering a full suite of banking products including checking and savings accounts, personal and commercial loans, mortgages, and online banking services.

Industry

Financial BankingPRIMARY
Financial Other Service

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South Porte Bank

N/A

Founded in

2012 (14 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

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.