Specialties
Time Bank has the soul of a community bank with a national presence. We provide agile and dependable banking services. All of our decisions are made in-house, which means easy communication and fast approvals. Learn why Time Bank was recently called "One of the strongest banks in the United States."
History
Established in 1995.
In 1995, right as the big banks began to buy up many of the little banks in the great banking consolidation, Gene Carter along with his son Tom opened up the Bank at Talcott and Prospect in Park Ridge, IL. In their first letter to the community, they wrote that their core strategies in running the bank would be to (1) hire courteous and competent employees, (2) invest in and use state-of-the-art technology, and (3) make all loan decisions in house.
Staying true to those strategies has led to the bank’s growth. Our community, which was initially very local, is now national. What’s remained constant over the years is the bank’s ownership and management. We are family-owned and owner-managed. Over the last decade, four of Tom’s sons have joined the bank – all of whom are committed to its success: Sam Carter, VP Lending, Paul Carter, COO, Joe Carter, VP Strategic Growth, and Tom Carter Jr, Loan Officer.
Meet the Business Owner: Tom C.
We're a Nationally Recognized, Owner-Managed bank that's highly reviewed by the rating agencies.
We are owner-managed, which means we make all decisions in house. That means easy communication and fast approvals for our customers. The opposite of bureaucratic.
Being owner-managed means we know our customers, we care about our customers, and we know how to take care of them with agility. Our agility means excellent service and ease of banking for our customers.
We have constantly been rated highly by all the ratings agencies. Our expertise in lending and our solid, conservative banking practices have led to exceptional performance.
Bauer Financial recommended us as "one of the strongest banks in the United States."
Bankrate said this about us: "This bank exhibited a superior condition, characterized by very solid overall, sustainable profitability, a very high measure of asset quality, very strong capitalization and seemingly ample liquidity."