Area Bank
Status: | Inactive as of 10/04/2014 |
Merger - Without Assistance | |
Successor Bank: | Banterra Bank |
Headquarters: | Area Bank 225 Main Street Rosiclare, IL 62982 |
Established: | 04/10/1920 |
FDIC Insurance: | 01/01/1934 |
FDIC Cert: | #9641 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $103,977,000 |
Total Deposits: | $95,069,000 |
History
1920-04-10 | Institution established: Original name:State Bank of Rosiclare | |
1988-10-31 | Acquired Hardin County State Bank (10841) in CAVE IN ROCK, IL | |
2003-03-20 | Changed name to Area Bank | |
2014-10-04 | Merged into and subsequently operated as part of Banterra Bank (17514) in MARION, IL |