The First National Bank of Arenzville has been a strong and stable presence in the West Central Illinois Banking Community since it was first established as the “People’s Bank of Arenzville” in 1882. The bank was privately held until 1908 when it was granted a national charter and officially became “The First National Bank of Arenzville.” The bank is so well established in this area that today many of our stockholders and customers are descendants of the original shareholders.
First National Bank Building dedication, circa 1963
The 20th Century was a tumultuous time for the banking industry. The stock market crash of 1929 and the Great Depression that followed forced many banks to close completely. Thanks to sound management and strong support from our customers, The First National Bank of Arenzville weathered that financial storm without incident. The Bank was never closed to business except for the government mandated bank moratorium of 1933.
Traditionally, The First National Bank of Arenzville serviced primarily agricultural clients throughout the region. We still have a strong base of farmers and a unique understanding of the needs of the farming community. But, our directors and management have always understood that growth means change and diversification. In order to keep The First National Bank of Arenzville strong the decision was made to branch out into surrounding population centers. That’s why, in 2000, The First National Bank of Arenzville added a branch on South Main Street in South Jacksonville, IL.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154