Kent Bank

Status:Inactive as of 11/01/2014
 Merger - Without Assistance
Successor Bank:Solutions Bank
Headquarters:Kent Bank
717 North Kent Road
Kent, IL 61044
Established:02/12/1923
FDIC Insurance:01/01/1934
FDIC Cert:#12704
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$80,887,000
Total Deposits:$71,330,000

History

1923-02-12Institution established: Original name:State Bank of Kent
1979-11-15Changed name to Kent Bank
2014-11-01Merged into and subsequently operated as part of Forreston State Bank (11741) in FORRESTON, IL
2020-09-18Changed name to Solutions Bank (11741)
2020-09-18Acquired The Poplar Grove State Bank (16483) in POPLAR GROVE, IL
2022-01-29Acquired Durand State BankSolutions Bank (17713) in DURAND, IL.

Financial Information (2014-09-30 and Older)