First United Bank
| Status: | Inactive as of 09/28/2012 |
| Absorption - Assisted | |
| Successor Bank: | Old Plank Trail Community Bank |
| Headquarters: | First United Bank 700 Exchange Street Crete, IL 60417 |
| Established: | 05/06/1972 |
| FDIC Insurance: | 05/06/1972 |
| FDIC Cert: | #20685 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $328,422,000 |
| Total Deposits: | $316,877,000 |
History
| 1972-05-06 | Institution established: Original name:Crete Trust & Savings Bank | |
| 1975-12-10 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED | |
| 1975-12-11 | Change trust powers from FULL TRUST POWERS GRANTED to LIMITED TRUST POWERS GRANTED | |
| 1982-04-22 | Changed name to United Bank of Crete-Steger | |
| 1990-09-01 | Changed name to First United Bank | |
| 2010-07-22 | Change trust powers from LIMITED TRUST POWERS GRANTED to TRUST POWERS TERMINATED | |
| 2012-09-28 | Failed. Acquired with government financial assistance and subsequently operated as part of Old Plank Trail Community Bank, National Association (58314) | |
| 2013-05-01 | Moved bank headquarters from CRETE, IL to NEW LENOX, IL | |
| 2013-05-01 | Acquired First National Bank of Illinois (16280) in LANSING, IL |