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Roachdale Bank & Trust
Company opened for business on October 7, 1892, in Roachdale,
Indiana. During the Great Depression of the 1930's,
Roachdale Bank was closed only one day. On December 16,
1931, two men, armed with machine guns and sawed-off
shotguns, blew the safe of the Roachdale Bank and escaped
with $4,500 in currency and bonds. All of the glass was
blown out of the front windows and furniture was torn and
splintered. The damage was estimated at $1,000.
On
April 1, 1960, the Bainbridge branch office opened for
business in a building leased from the National Spotted
Poland China Record. On March 20, 1969, at a special
meeting of the Board of Directors, the Board approved an
agreement of merger with the State Bank of Russellville and
approved the purchase of assets and assumption of
liabilities of the Russellville Bank. This became the second
branch of the Roachdale Bank & Trust to be opened for
business.
On September 2, 1969, President David S.
Hostetter called a special meeting of all Directors to
organize the new Tri-County Bank & Trust Company. On
August 8, 1980, the Board of Directors met and approved a
plan of exchange transferring the ownership of Tri-County
Bank & Trust Company to the Tri-County Bancorp, a one-bank
holding company.
On December 29, 1987, the Tri-County
Bank & Trust Company opened its third branch, a new facility
on South Boulevard in Crawfordsville, Indiana. Tri-County
Bank opened its fourth branch in downtown Crawfordsville at
224 East Main Street on September 13, 1993, to provide
better services to our merchants and customers of the area
downtown and in the northern part of Montgomery County.
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