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United Savings and Loan Association

Status:Inactive as of 01/31/1978
 Merger - Assisted
Successor Bank:Illinois Community Bank
Headquarters:United Savings and Loan Association
107 South Main St
Palestine, IL 62451
Established:07/01/1952
FDIC Insurance:02/20/1953
FDIC Cert:#30581
Charter Class:

History

1952-07-01Institution established: Original name:United Savings and Loan Association
1978-01-31Failed. Acquired with government financial assistance and subsequently operated as part of Illinois Guarantee Savings and Loan Association (31068)
1990-10-31Changed organization type to MUTUAL SAVINGS BANK
1990-10-31Changed name to Illinois Guarantee Savings Bank, FSB (31068)
1990-10-31Moved bank headquarters from PALESTINE, IL to EFFINGHAM, IL
1997-04-21Changed organization type to COMMERCIAL BANK
1997-04-21Changed name to Illinois Community Bank (31068)
1997-04-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
1997-04-21Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2005-08-24Merged into and subsequently operated as part of Centrue Bank (10881) in KANKAKEE, IL
2006-11-13Changed name to Centrue Bank (3744)
2006-11-13Merged into and subsequently operated as part of Centrue Bank (3744) in STREATOR, IL
2007-06-22Acquired Bank 10 (1961) in BELTON, MO
2017-09-02Merged into and subsequently operated as part of Midland States Bank (1040) in EFFINGHAM, IL
2018-07-14Acquired Alpine Bank & Trust Co. (18545) in ROCKFORD, IL
2019-10-19Acquired HomeStar Bank and Financial Services (16375) in MANTENO, IL