Glasford State Bank

Status:Inactive as of 2022-06-17
 Merger - Without Assistance
Successor Bank:Better Banks
Headquarters:Glasford State Bank
305 W Main St
Glasford, IL 61533
Established:1932-09-01
FDIC Insurance:1934-01-01
FDIC Cert:#8492
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:2
Total Assets:$62,676,000
Total Deposits:$60,235,000

History

1932-09-01Institution established: Original name:Glasford State Bank
1941-02-07Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
1941-02-07Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
1966-02-15Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
1966-02-15Changed primary regulatory agency from FEDERAL RESERVE BOARD to FEDERAL DEPOSIT INSURANCE CORPORATION
2022-06-17Merged into and subsequently operated as part of Better Banks (1808)

Financial Information (2022-03-31 and Older)