Centrue Bank

Centrue Bank was established on August 24, 1874, under the name The Union National Bank of Streator, Illinois. Over the years, the institution underwent several name changes, becoming Union Bank/Streator in December 1988 and later UnionBank in May 1991. In its early years, the bank acquired various smaller banks in Illinois, such as Ottawa National Bank in May 1991 and Union Bank/Sandwich in October 1997. Expanding further, UnionBank consolidated several banks throughout the early 2000s, including UnionBank/Central in March 2003 and Union Trust Corporation in October 2004. On November 13, 2006, the institution changed its name to Centrue Bank and relocated its main office to 201 East Main Street in Streator, Illinois. In June 2007, the bank continued its growth by acquiring Bank 10 in Belton, Missouri. Ultimately, Centrue Bank merged with Midland States Bank on September 2, 2017, becoming part of a larger banking entity located in Effingham, Illinois.

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

1874-08-24Institution established. Original name: The Union National Bank of Streator.

1969-03-31Main Office moved to 201-203 East Main Street, Streator, IL 61364.

1988-12-01Institution withdraws from membership in the Federal Reserve System.

1988-12-01Changed Chartering Agency to State.

1988-12-01Changed Institution Name to Union Bank/Streator.

1989-07-05Institution becomes member of the Federal Reserve System.

1990-02-03Acquired Union Bank/Triumph in Ottawa, IL.

1991-05-01Changed Institution Name to UnionBank.

1991-05-01Acquired Ottawa National Bank in Ottawa, IL.

1997-10-25Acquired Union Bank/Sandwich in Sandwich, IL.

2003-03-28Acquired UnionBank/Central in Princeton, IL.

2004-03-20Acquired Union Bank/West in Macomb, IL.

2004-03-20Acquired UnionBank/Northwest in Hanover, IL.

2004-10-20Acquired Union Trust Corporation in Streator, IL.

2006-11-13Changed Institution Name to Centrue Bank.

2006-11-13Main Office moved to 201 East Main Street, Streator, IL 61364.

2006-11-13Acquired Centrue Bank in Kankakee, IL.

2007-06-22Acquired Bank 10 in Belton, MO.

2017-09-02Merged and became part of Midland States Bank in Effingham, IL.