Palmyra Savings

Status:Inactive as of 11/23/2002
 Merger - Without Assistance
Successor Bank:First Federal Bank
Headquarters:Palmyra Savings
123 West Lafayette
Palmyra, MO 63461
Established:01/01/1887
FDIC Insurance:08/09/1989
FDIC Cert:#29932
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$73,439,000
Total Deposits:$63,924,000

History

1887-01-01Institution established: Original name:Palmyra Savings and Building Association
1995-06-01Changed name to Palmyra Saving and Building Association, FA
1999-03-31Changed institution class to OCC SUPERVISED SAVINGS BANKS
1999-03-31Changed organization type to STOCK SAVINGS BANK
1999-03-31Changed name to Palmyra Savings
2002-11-23Merged into and subsequently operated as part of First Federal Bank (29245) in COLCHESTER, IL
2008-06-16Merged into and subsequently operated as part of Heartland Bank and Trust Company (20369) in BLOOMINGTON, IL
2010-03-05Acquired Bank of Illinois (9268) in NORMAL, IL as part of a government assisted transaction.
2011-04-08Acquired Western Springs National Bank and Trust (10086) in WESTERN SPRINGS, IL as part of a government assisted transaction.
2011-08-05Acquired Bank of Shorewood (22637) in SHOREWOOD, IL as part of a government assisted transaction.
2012-08-24Acquired Farmer City State Bank (15855) in FARMER CITY, IL
2012-11-02Acquired Citizens First National Bank (3731) in PRINCETON, IL as part of a government assisted transaction.
2016-04-29Acquired American Midwest Bank (21272) in SYCAMORE, IL
2020-12-31Moved bank headquarters from 401 NORTH HERSHEY ROAD, BLOOMINGTON, IL to 401 N Hershey Rd, Bloomington, IL.
2020-12-31Acquired State Bank of LincolnHeartland Bank and Trust Company (12396) in LINCOLN, IL.

Financial Information (2001-12-31 and Older)