Best Hometown Bank

Best Hometown Bank was established in 1887 under the name Home Federal Savings and Loan Association of Collinsville, Illinois. Over the years, the organization underwent several changes, including a change in its organizational type to a Mutual Savings Bank in 2014 and then to a Stock Savings Bank in 2016. On July 8, 2016, the institution adopted the name Best Hometown Bank. The bank's primary federal regulatory agency changed to The Office of the Comptroller of the Currency in 2011. In 1989, the main office was moved to 100 East Clay Street, Collinsville, Illinois. On June 29, 2020, Best Hometown Bank merged with and became part of the First National Bank of Waterloo, located in Waterloo, Illinois.

Below is a list of some important events in banks history, including mergers and acquisitions.

1887-01-01Institution established. Original name: Home Federal Savings and Loan Association of Collinsville.

1989-06-13Main Office moved to 100 East Clay Street, Collinsville, IL 62234.

2011-07-21Changed Primary Federal Regulatory Agency to The Office of the Comptroller of the Currency.

2014-06-23Changed Organization Type to Mutual Savings Bank.

2016-06-29Changed Organization Type to Stock Savings Bank.

2016-07-08Changed Institution Name to Best Hometown Bank.

2020-06-29Merged and became part of First National Bank of Waterloo in Waterloo, IL.