The First National Bank in Tremont and the village of New Holland
announce downtown re-vitalization project
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 [October 24, 2020]
The First National Bank in Tremont and the Village of New Holland are
jointly announcing a large project for the Village of New Holland’s
downtown, consisting of a newly constructed bank building located on
Route 10, relocating the current Village offices, Community Center and
Historical Society and the donation of a building in between the current
bank building and the new bank location.
The First National Bank in Tremont is donating their current bank
building to the Village of New Holland, along with a $20,000 grant they
received from the Federal Home Loan Bank of Chicago, to help pay for
remodeling costs of the project. The current bank building will be the
new home for the Village offices, New Holland Community Center and the
New Holland Historical Society. The First National Bank in Tremont
expects to start construction on their new bank branch, located on the
corner of Route 10 and Lincoln St, in March 2021 and move into the new
facility by year end.
“The New Holland Banking Center’s customer base is a loyal and valuable
part of The First National Bank in Tremont. We knew our current location
could not sufficiently support the needs of our community without a
drive-through service. We were land-locked with nowhere to build one in
our current location, but I certainly didn’t want to move out of the
business district and leave behind another empty downtown building. When
we heard of the Village’s need for a building, we knew we wanted to give
back to the community through the gift of our historical building. Being
awarded the $20,000 grant from The Federal Home Loan Bank of Chicago was
the icing on the cake. This is a win/win for both the bank and the
entire New Holland community as we partner together in revitalizing the
downtown business district. This is what community banking is all
about.” June Kidd, President/CEO of The First National Bank in Tremont.
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The Village of New Holland (along with Sheridan Township) are in negotiations to
sell the current Community Center to Sugar Creek Wind Farm/Algonquin Power. The
former hardware store, located next to the current bank building, is being
donated to the Village of New Holland by the New Holland Development Foundation
for further downtown revitalization.
"Small town living at its best in New Holland, Illinois! Myself, along with the
most supportive trustees on the Village Board are taking action and RESTORING
Lincoln Street in New Holland. The Historic Redevelopment of New Holland is
important to many of the families in our community. There are several families
with ancestors that began New Holland back in 1875. In 2025, New Holland will be
celebrating our 150th Anniversary and the Village Board and I hope to make it a
memorial event to remember for years to come.” Annie Coers, Mayor of the Village
of New Holland.
About the First National Bank in Tremont
The First National Bank in Tremont has total assets of $135 million with offices
in Tremont, Hopedale and New Holland, offering a full range of financial
products and services. The First National Bank in Tremont is an Equal Housing
Lender and Member FDIC. More information about The First National Bank in
Tremont is available at www.tremontbank.com.
[Joyce L. Wassell
Marketing Director]
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