FDIC-Insured – Backed by the full faith and credit of the U.S. Government
FDIC-Insured – Backed by the full faith and credit of the U.S. Government
Your trusted community bank, with even more support behind you.
Iroquois Federal Savings and Loan Association, a division of Servbank, N.A., has proudly served our communities since 1883 and that commitment is not going anywhere. We are excited to share that Iroquois Federal is now a division of Servbank, strengthening our ability to serve you while preserving the people, values, and community spirit you know so well.
The bankers and branch teams you have always relied on are staying right here. Servbank’s leadership has emphasized their commitment to honoring Iroquois Federal’s tradition of exceptional service and strong community relationships.
Nothing about your day-to-day banking will change at this time. Your account numbers, online banking access, automatic payments, and loan terms will continue operating as usual through the transition. Any future updates will be communicated clearly, well in advance.
Both Iroquois Federal and Servbank share a mission of putting customers and communities first. Leaders from both organizations have emphasized the alignment of values and the opportunity to bring innovative solutions and enhanced service to the people we serve.
Iroquois Federal has always invested in delivering high-quality service and technology. Joining Servbank provides greater scale and additional resources to continue that mission, helping us serve you better today and for years to come. As banking technology advances, this partnership allows us to offer more modern tools without losing our personal touch.
Iroquois Federal has always invested in delivering high-quality service and technology. Joining Servbank provides greater scale and additional resources to continue that mission, helping us serve you better today and for years to come. As banking technology advances, this partnership allows us to offer more modern tools without losing our personal touch.
Our teams are working closely to ensure the transition is as smooth as possible. You will be notified well in advance of any updates to systems or account information. We will continue to update this page as more information becomes available.
Iroquois Federal’s roots in Watseka, Danville, Clifton, Hoopeston, Savoy, Bourbonnais, Champaign, and surrounding areas remain at the heart of who we are. Servbank is committed to supporting these communities and investing in the relationships built over more than 140 years.
Your peace of mind is our top priority. If you have questions about the acquisition or what it means for your accounts, please visit your local branch or contact us anytime.
What’s to Come Next
Servbank has officially closed its acquisition of Iroquois Federal Savings and Loan Association. Effective March 12, 2026, Iroquois Federal is now a division of Servbank.
If you are an existing Iroquois Federal customer, your accounts will remain with Iroquois Federal and there will be no immediate changes. In the future, you’ll be fully informed of any updates. There will not be any changes without clear advanced communication from us.
No. All of our full-service banking locations, hours, and friendly frontline teams will remain as they are today. Please feel free to visit your local full-service branch!
No. They will remain the same.
Not at this time. Starting March 13, 2026, Iroquois Federal will be operating under the name: Iroquois Federal Savings and Loan Association, a division of Servbank, N.A. Later this year, we will become a combined organization operating under the Servbank brand and systems. Customers will be notified well in advance of any upcoming changes.
No. You will continue using your existing online and mobile banking tools. You will be informed in advance when anything changes in the future.
No. Everything will continue working the same way. When updates are needed in the future, you will receive clear instructions.
No. You will continue receiving documents as you always have.
No. Your routing number and account number remain the same, so your existing checks and deposit slips can be used and will continue to work.
Yes. Your deposits remain insured by the Federal Deposit Insurance Corporation (FDIC). Coverage is up to $250,000 per depositor, per insured bank, per ownership category. No action is required from you to maintain FDIC insurance coverage. You should be aware that after March 12, 2026, both Iroquois Federal and Servbank will be a combined institution for purposes of FDIC insurance coverage.
Joining with Servbank allows us to bring new capabilities, and expanded services in the future — without changing the personalized, community focused banking experience you rely on today.
No. There are no immediate required actions for customers.
We may reach out to you in a variety of ways to keep you informed, including email, U.S. mail, and phone. Please make sure your contact information with us is up to date to ensure you receive all important notifications.
Contact your local Branch for more information.
If you have a question or concern, you may follow our current process by contacting your local branch directly, or reaching out to your existing customer relationship team.
As we move forward, you can find the latest details and updates about the transition here on this page. We’ll also reach out to you with any required notifications in advance of any changes. To make sure you receive all important updates, please ensure your contact information with us is up to date.
Last updated: March 13, 2026.