Mt. Zion State Bank
Status: | Inactive as of 11/04/1988 |
Absorption - Assisted | |
Successor Bank: | Prairie State Bank and Trust |
Headquarters: | Mt. Zion State Bank 340 Main Street Mt Zion, IL 62549 |
Established: | 07/01/1908 |
FDIC Insurance: | 01/01/1934 |
FDIC Cert: | #10836 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $26,444,000 |
Total Deposits: | $25,661,000 |
History
1908-07-01 | Institution established: Original name:Mt. Zion State Bank | |
1988-11-04 | Failed. Acquired with government financial assistance and subsequently operated as part of Mount Zion State Bank and Trust Company (27362) | |
1988-11-04 | Institution established: Original name:Mount Zion State Bank and Trust Company (27362) | |
1997-01-18 | Changed name to Prairie State Bank and Trust (27362) | |
1997-01-18 | Acquired First Springfield Bank & Trust (8497) in SPRINGFIELD, IL | |
2000-09-21 | Acquired Farmers and Traders State Bank of Meredosia (5725) in MEREDOSIA, IL | |
2007-12-08 | Acquired The Farmers and Merchants State Bank of Virden, Illinois (12705) in VIRDEN, IL | |
2007-12-08 | Acquired The Bank (21164) in CHARLESTON, IL | |
2011-12-10 | Acquired Farmers State Bank of Fulton County (23866) in LEWISTOWN, IL | |
2014-10-07 | Moved bank headquarters from MOUNT ZION, IL to SPRINGFIELD, IL |