Kempton State Bank

Status:Inactive as of 02/07/1992
 Absorption - Assisted
Successor Bank:Vermilion Valley Bank
Headquarters:Kempton State Bank
Main Street
Kempton, IL 60946
Established:02/16/1946
FDIC Insurance:02/16/1946
FDIC Cert:#16377
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$3,644,000
Total Deposits:$3,612,000

History

1946-02-16Institution established: Original name:Kempton State Bank
1976-03-26Changed name to Kempton State Bank & Trust Company
1990-03-05Change trust powers from FULL TRUST POWERS GRANTED to TRUST POWERS TERMINATED
1990-04-11Changed name to Kempton State Bank
1992-02-07Failed. Acquired with government financial assistance and subsequently operated as part of Vermilion Valley Bank (11667)
2002-10-07Acquired Roberts State Bank (12398) in ROBERTS, IL