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