State Bank and Trust

Status:Inactive as of 07/01/2006
 Merger - Without Assistance
Successor Bank:Mount Prospect National Bank
Headquarters:State Bank and Trust
444 North Rand Road
Barrington, IL 60010
Established:10/13/1998
FDIC Insurance:10/13/1998
FDIC Cert:#34750
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$153,792,000
Total Deposits:$138,375,000

History

1998-10-13Institution established: Original name:Village Bank and Trust
2001-06-30Change trust powers from LIMITED TRUST POWERS GRANTED to TRUST POWERS TERMINATED
2005-05-01Changed name to State Bank and Trust
2006-07-01Merged into and subsequently operated as part of Mount Prospect National Bank (34547) in MOUNT PROSPECT, IL
2007-10-01Merged into and subsequently operated as part of Midwest Bank and Trust Company (18117) in ELMWOOD PARK, IL
2010-05-14Failed. Acquired with government financial assistance and subsequently operated as part of Firstmerit Bank, National Association (13675)
2013-04-12Acquired Citizens Bank (986) in FLINT, MI
2016-08-16Merged into and subsequently operated as part of The Huntington National Bank (6560) in COLUMBUS, OH

Financial Information (2006-06-30 and Older)