Valley Bank of Coal Valley

Status:Inactive as of 01/01/1987
 Absorption - Without Assistance
Successor Bank:Blackhawk Bank & Trust
Headquarters:Valley Bank of Coal Valley
200 First Street
Coal Valley, IL 61240
Established:06/01/1971
FDIC Insurance:06/01/1971
FDIC Cert:#20428
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$15,656,000
Total Deposits:$15,089,000

History

1971-06-01Institution established: Original name:Coal Valley State Bank
1982-02-19Changed name to Valley Bank of Coal Valley
1987-01-01Merged into and subsequently operated as part of Blackhawk State Bank (18402) in MILAN, IL
1990-10-30Reorganized.
2008-01-01Changed name to Blackhawk Bank & Trust (18402)
2008-01-02Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2008-05-19Acquired Great River Bank & Trust (5823) in DAVENPORT, IA
2011-10-14Acquired Country Bank (35395) in ALEDO, IL as part of a government assisted transaction.
2016-06-29Acquired Port Byron State Bank (14085) in PORT BYRON, IL