Home > Colonial Bank and Trust Co. of Bureau County

Colonial Bank and Trust Co. of Bureau County

Status:Inactive as of 07/01/1992
 Merger - Without Assistance
Successor Bank:Citizens First National Bank
Headquarters:Colonial Bank and Trust Co. of Bureau County
2101 North Main Street
Princeton, IL 61356
Established:02/08/1984
FDIC Insurance:02/08/1984
FDIC Cert:#24962
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$17,838,000
Total Deposits:$16,290,000

History

1984-02-08Institution established: Original name:The Colonial Trust and Savings Bank of Bureau County
1984-02-08Acquired Heritage Bank of Bureau County (10466) in DEPUE, IL
1984-08-27Moved bank headquarters from DEPUE, IL to PRINCETON, IL
1987-04-01Changed name to Illinois Regional Bank, Bureau County
1989-11-17Changed name to Colonial Bank and Trust Co. of Bureau County
1992-07-01Merged into and subsequently operated as part of Citizens First National Bank (3731) in PRINCETON, IL
1993-12-06Acquired Citizens First National Bank of Peru (20054) in PERU, IL
1994-01-07Acquired Heart of Illinois Bank, F.S.B. (31305) in SPRING VALLEY, IL
1994-02-11Acquired Citizens First National Bank of Genoa (10815) in GENOA, IL
2005-07-31Acquired Farmers State Bank of Somonauk (10083) in SOMONAUK, IL
2012-11-02Failed. Acquired with government financial assistance and subsequently operated as part of Heartland Bank and Trust Company (20369)
2016-04-29Acquired American Midwest Bank (21272) in SYCAMORE, IL
2020-12-31Moved bank headquarters from 401 NORTH HERSHEY ROAD, BLOOMINGTON, IL to 401 N Hershey Rd, Bloomington, IL.
2020-12-31Acquired State Bank of LincolnHeartland Bank and Trust Company (12396) in LINCOLN, IL.