Two local banks will be merging.  Arcola First Bank will be merging with Peoples Bank & Trust.  John Gardner, President & CEO of PB&T made the announcement The new bank from the merger will be Peoples Bank & Trust. The transition will see Arcola First Bank locations in Arcola, Arthur, and Tuscola, join 10 other communities served by PB&T. 

Gardner says that PB&T is excited about the opportunity to have outstanding employees of these locations join the team.  Gardner continued by stressing that all employees will be retained.  The President & CEO of PBT says that it is all about personal relationships and they recognize that that leads to great customer service. 

Dale Boyer, Community Bank President for the locations says that the merger will be a benefit for the business and for the customers as well.  The expanded product offerings along with heightened business lending expertise, he says, will be beneficial to the customers they serve.

Monday, May 20th, the Arcola, Arthur, and Tuscola locations will be officially opened as branches of Peoples Bank & Trust. The staff of all three locations will continue to provide customers with the fast and courteous service they have become accustomed too.