Amerimac Savings Bank, FSB

Status:Inactive as of 05/15/1990
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:Security Savings Bank, F.S.B.
Headquarters:Amerimac Savings Bank, FSB
220 South Main Street
Hillsboro, IL 62049
Established:05/11/1962
FDIC Insurance:08/09/1989
FDIC Cert:#31326
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$15,536,000
Total Deposits:$17,502,000

History

1962-05-11Institution established: Original name:Security Savings and Loan Association of Hillsboro
1984-11-30Changed name to Unified Savings Bank
1987-05-31Changed name to Amerimac Savings Bank, FSB
1987-05-31Changed organization type to STOCK SAVINGS BANK
1989-06-29Placed into government conservatorship.
1990-05-15Institution established: Original name:Security Savings Bank, F.S.B. (33106)
1990-05-15Acquired after government financial assistance and subsequently operated as part of Security Savings Bank, F.S.B. (33106)
1990-05-15Government conservatorship or bridge bank resolved.
1996-09-17Merged into and subsequently operated as part of National Bank (16276) in HILLSBORO, IL
1997-01-17Acquired State Bank of Keyesport (11673) in KEYESPORT, IL
2008-10-10Acquired Meridian Bank (13789) in ELDRED, IL as part of a government assisted transaction.
2018-09-18Changed name to Bank of Hillsboro, National Association (16276)