Blackhawk Bank

Blackhawk Bank has a history that dates back to its establishment in 1881 as the Beloit Savings Bank. Over the years, the institution underwent several name and organizational changes, including its designation as Blackhawk State Bank in 1990 and a transition to a commercial bank. Significant acquisitions began in the late 1990s, with the purchase of Blackhawk State Bank in Rochelle, Illinois, and First Federal Savings Bank in Belvidere, Illinois, in 1998. In 2003, the bank acquired First Bank in Capron, Illinois. Following a rebranding, the institution adopted the name Blackhawk Bank in 2011 and shifted its trust powers to none in 2013. The bank expanded its operations further through the acquisition of the First National Bank of McHenry in 2019. Ultimately, on December 1, 2023, Blackhawk Bank merged with and became part of First Mid Bank & Trust, National Association, based in Mattoon, Illinois.

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

1881-01-01Institution established. Original name: Beloit Savings Bank.

1979-11-13Main Office moved to 400 Broad Street, Beloit, WI 53511.

1990-05-16Changed Organization Type to Commercial Bank.

1990-05-16Changed Institution Name to Blackhawk State Bank.

1998-03-31Acquired Blackhawk State Bank, S.b. in Rochelle, IL.

1998-09-03Acquired First Federal Savings Bank in Belvidere, IL.

2003-10-01Acquired First Bank, bc in Capron, Il.

2011-07-01Changed Institution Name to Blackhawk Bank.

2013-04-24Changed Trust Powers to None.

2013-04-24Changed Institution Name to Blackhawk Bank.

2019-07-19Acquired The First National Bank of McHenry in Mchenry, IL.

2023-12-01Merged and became part of First Mid Bank & Trust, National Association in Mattoon, IL.