Sunstar Bank

Status:Inactive as of 04/01/1999
 Merger - Without Assistance
Successor Bank:Morton Community Bank
Headquarters:Sunstar Bank
2301 Washington Road
Washington, IL 61571
Established:10/02/1972
FDIC Insurance:10/02/1972
FDIC Cert:#20824
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$29,035,000
Total Deposits:$25,513,000

History

1972-10-02Institution established: Original name:Sunnyland Bank
1974-06-01Moved bank headquarters from EAST PERORIA, IL to WASHINGTON, IL
1990-02-28Changed name to The Sun Bank
1994-11-01Changed name to Sunstar Bank
1999-03-31Change trust powers from FULL TRUST POWERS GRANTED to TRUST POWERS TERMINATED
1999-04-01Merged into and subsequently operated as part of Morton Community Bank (18429) in MORTON, IL
2005-12-08Acquired Pekin Savings Bank (30775) in PEKIN, IL
2006-10-20Acquired People's State Bank (10436) in MANITO, IL
2008-03-21Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2008-03-21Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2008-09-05Change trust powers from TRUST POWERS TERMINATED to FULL TRUST POWERS GRANTED
2008-09-06Acquired Alpha Community Bank (10790) in TOLUCA, IL
2009-05-22Acquired Citizens National Bank (5757) in MACOMB, IL as part of a government assisted transaction.
2010-08-14Acquired Tremont Savings Bank (31369) in TREMONT, IL
2010-12-10Acquired Citizens State Bank of Cropsey (10430) in CROPSEY, IL
2015-08-18Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2015-08-18Changed primary regulatory agency from FEDERAL RESERVE BOARD to FEDERAL DEPOSIT INSURANCE CORPORATION
2016-07-08Acquired Heritage Bank of Central Illinois (12554) in TRIVOLI, IL
2017-10-06Acquired State Bank of Arthur (1800) in ARTHUR, IL
2018-03-17Acquired State Bank of Speer (10825) in SPEER, IL
2019-12-06Acquired First Trust & Savings Bank of Albany, Illinois (5754) in ALBANY, IL

Financial Information (1998-12-31 and Older)