Citizens First State Bank of Walnut
- Bank Name:Citizens First State Bank of Walnut
- Bank Class:State Chartered - FED Member Bank
- FDIC ID:Certificate #939 - Inactive
- FED RSSD ID:#476342 - Inactive
History Of Citizens First State Bank of Walnut
Citizens First State Bank of Walnut was established on January 1, 1920, originally named Citizens State Bank of Walnut. Over the decades, the institution underwent several name changes and operational adjustments. On October 19, 1959, it adopted the name Citizens First State Bank. This was followed by a significant rebranding on January 19, 1961, when it became known as Citizens First State Bank of Walnut. The bank expanded its services in 1986 by changing its trust powers to full power on January 31. On September 2, 1980, the main office was relocated to 105 North Main Street in Walnut, Illinois. The bank ultimately merged with Community State Bank in Galva, Illinois, on October 1, 2022, marking the end of its operations as an independent institution.
Below is a list of some important events in banks history, including mergers and acquisitions.
1920-01-01Institution established. Original name: Citizens State Bank of Walnut.
1959-10-19Changed Institution Name to Citizens First State Bank.
1961-01-19Changed Institution Name to Citizens First State Bank of Walnut.
1980-09-02Main Office moved to 105 North Main Street, Walnut, IL 61376.
1986-01-31Changed Trust Powers to Full.
2022-10-01Merged and became part of Community State Bank in Galva, IL.
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