American Savings Bank of Danville

Status:Inactive as of 08/26/2005
 Merger - Without Assistance
Successor Bank:The First National Bank of Danville
Headquarters:American Savings Bank of Danville
714 N Vermilion Street
Danville, IL 61832
Established:01/01/1888
FDIC Insurance:08/09/1989
FDIC Cert:#30385
Charter Class:
Total Assets:$46,349,000
Total Deposits:$31,066,000

History

1888-01-01Institution established: Original name:American Savings and Loan Association of Danville
1994-07-01Changed organization type to MUTUAL SAVINGS BANK
1994-07-01Changed name to American Savings Bank of Danville
1997-03-25Changed organization type to STOCK SAVINGS BANK
2005-08-26Merged into and subsequently operated as part of The First National Bank of Danville (3644) in DANVILLE, IL
2009-07-02Failed. Acquired with government financial assistance and subsequently operated as part of First Financial Bank, National Association (4382)
2011-12-31Acquired Freestar Bank, National Association (14736) in PONTIAC, IL
2019-07-27Acquired Heritage Bank USA, Inc. (30090) in HOPKINSVILLE, KY

Financial Information (2005-06-30 and Older)