Town Center Bank (Illinois) (TCNB)

Overview

Town Center Bank, founded in 2006 and headquartered in New Lenox, Illinois, serves individuals and businesses with a broad array of financial services. Operating under the umbrella of TC Financial Holdings, Inc., this institution has carved out a niche in the Illinois financial landscape by prioritizing a comprehensive suite of banking products designed to meet the nuanced needs of its clientele. With branches in Frankfort and New Lenox, Illinois, Town Center Bank positions itself as a key player in the regional banking sector, dedicated to delivering quality financial solutions and accessible customer service.

Products and Services

• Deposit Products

Offers a diverse range of deposit accounts including checking accounts, sweep accounts, savings accounts, term certificate accounts, and certificates of deposit, catering to the varied preferences and financial goals of individual and business clients.

• Lending Products

Provides a comprehensive selection of loans, encompassing commercial loans, consumer loans, mortgage loans, and lines of credit among others. This array encompasses offerings from home equity lines of credit and home equity loans to installment loans, working capital loans, both secured and unsecured lines of credit, equipment loans, and asset and accounts receivable based loans. The bank also specializes in commercial real estate loans for a variety of property types including office buildings, industrial warehouses, retail spaces, apartments, mixed-use properties, improved land, as well as for construction and development projects.

• Cash Management Services

Delivers sophisticated cash management solutions like bill payment services, remote deposit capture, Xpress deposit, and robust online and mobile banking functionalities, designed to streamline operations and enhance the financial agility of businesses.

• Electronic Banking

Supports 24/7 banking activities through its online and mobile banking platforms, allowing customers to manage their finances efficiently from anywhere at any time.

• Payment and Processing Services

Offers night depository, merchant card processing, and automated clearing house (ACH) and wire originations services, facilitating secure and convenient transaction processing for clients.

• Debit and Credit Cards

Provides debit and credit card services, enabling easy and secure access to funds along with the convenience of cashless transactions.

• Additional Services

Enhances its banking experience with additional services such as coin counting and property tax payment services, aimed at providing a more comprehensive banking service.