Alpha Community Bank

Status:Inactive as of 09/06/2008
 Merger - Without Assistance
Successor Bank:Morton Community Bank
Headquarters:Alpha Community Bank
201 North Main Street
Toluca, IL 61369
Established:01/01/1870
FDIC Insurance:01/01/1934
FDIC Cert:#10790
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$176,749,000
Total Deposits:$139,151,000

History

1870-01-01Institution established: Original name:The Washburn Bank
1997-10-01Changed name to Alpha Community Bank
1998-06-25Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
1998-07-01Moved bank headquarters from WASHBURN, IL to TOLUCA, IL
1998-07-01Acquired Minonk State Bank (12397) in MINONK, IL
1998-07-01Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1998-07-01Acquired The Citizens National Bank of Toluca (3748) in TOLUCA, IL
2008-09-06Merged into and subsequently operated as part of Morton Community Bank (18429) in MORTON, IL
2009-05-22Acquired Citizens National Bank (5757) in MACOMB, IL as part of a government assisted transaction.
2010-08-14Acquired Tremont Savings Bank (31369) in TREMONT, IL
2010-12-10Acquired Citizens State Bank of Cropsey (10430) in CROPSEY, IL
2015-08-18Changed primary regulatory agency from FEDERAL RESERVE BOARD to FEDERAL DEPOSIT INSURANCE CORPORATION
2015-08-18Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2016-07-08Acquired Heritage Bank of Central Illinois (12554) in TRIVOLI, IL
2017-10-06Acquired State Bank of Arthur (1800) in ARTHUR, IL
2018-03-17Acquired State Bank of Speer (10825) in SPEER, IL
2019-12-06Acquired First Trust & Savings Bank of Albany, Illinois (5754) in ALBANY, IL

Financial Information (2008-06-30 and Older)