Community Bank

Status:Inactive as of 04/18/2015
 Merger - Without Assistance
Successor Bank:First Farmers Bank & Trust Co.
Headquarters:Community Bank
221 Bank Street
Hoopeston, IL 60942
Established:05/18/1913
FDIC Insurance:01/01/1934
FDIC Cert:#12387
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$82,540,000
Total Deposits:$75,382,000

History

1913-05-18Institution established: Original name:The Wellington State Bank
1987-07-22Changed name to Community Bank
1987-07-22Moved bank headquarters from WELLINGTON, IL to HOOPESTON, IL
2012-11-01Change trust powers from FULL TRUST POWERS GRANTED to TRUST POWERS TERMINATED
2015-04-18Acquired United Community Bank (11724) in OAKWOOD, IL
2015-04-18Acquired The First National Bank of Chrisman (3636) in CHRISMAN, IL
2015-04-18Merged into and subsequently operated as part of First Farmers Bank and Trust Company (12839) in CONVERSE, IN
2016-04-01Acquired The Citizens Exchange Bank (195) in FAIRMOUNT, IN
2020-03-01Changed name to First Farmers Bank & Trust Co. (12839)

Financial Information (2015-03-31 and Older)