Community Bank of Mahomet

Status:Inactive as of 11/16/1991
 Absorption - Without Assistance
Successor Bank:Busey Bank
Headquarters:Community Bank of Mahomet
312 East Main Street
Mahomet, IL 61853
Established:03/17/1961
FDIC Insurance:03/17/1961
FDIC Cert:#18359
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$34,412,000
Total Deposits:$31,981,000

History

1961-03-17Institution established: Original name:Community Bank of Mahomet
1989-01-24Reorganized.
1991-11-16Acquired Community Bank of Mahomet in MAHOMET, IL
1991-11-16Acquired Bank of Urbana (20320) in URBANA, IL
1991-11-16Merged into and subsequently operated as part of Busey Bank (16450) in URBANA, IL
1991-11-16Acquired Citizens Bank of Tolono (937) in TOLONO, IL
1993-06-30Acquired Eagle Bank of Champaign County, National Association (3733) in RANTOUL, IL
1996-01-19Acquired Busey Bank of McLean County (9638) in LE ROY, IL
1998-11-01Acquired Busey Business Bank (34654) in INDIANAPOLIS, IN
2005-05-21Acquired First Capital Bank (34157) in PEORIA, IL
2007-11-10Moved bank headquarters from MAHOMET, IL to CHAMPAIGN, IL
2007-11-10Acquired Main Street Bank & Trust (10842) in CHAMPAIGN, IL
2009-08-28Acquired Busey Bank, National Association (34642) in FORT MYERS, FL
2015-03-14Acquired Herget Bank, National Association (3725) in PEKIN, IL
2016-11-04Acquired Pulaski Bank National Association (30284) in SAINT LOUIS, MO
2017-11-03Acquired First Community Financial Bank (58769) in JOLIET, IL
2018-03-16Acquired South Side Trust & Savings Bank of Peoria (12082) in PEORIA, IL
2018-10-31Acquired Busey Trust Company (27564) in CHAMPAIGN, IL
2019-10-04Acquired The Bank of Edwardsville (1039) in EDWARDSVILLE, IL