First State Bank of Bloomington

The First State Bank of Bloomington, originally established as Prairie State Bank on June 9, 1975, underwent several name changes and organizational mergers throughout its history. The institution changed its name to Prairie State Bank on September 1, 1975, and subsequently to First State Bank of Bloomington on September 1, 1990. The bank's main office was relocated to 401 Four Seasons Road in Bloomington, Illinois, on the same day. In November 1991, the main office moved to 204 North Prospect Road, which later became its permanent address. Over the years, the bank expanded its operations, acquiring First State Bank of Heyworth on May 14, 2003, and increasing its trust powers to full status on November 2, 2010. The trust powers were initially limited prior to September 29, 1977. In a significant organizational change, the bank merged with First State Bank in Monticello, Illinois, on April 1, 2023, and was subsequently renamed First State Bank and Trust.

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

1975-06-09Institution established. Original name: Prairie State Bank.

1975-09-01Changed Institution Name to Prairie State Bank.

1975-09-01Main Office moved to 401 Four Seasons Road, Bloomington, IL 61701.

1977-09-29Changed Trust Powers to Limited.

1990-09-01Changed Institution Name to First State Bank of Bloomington.

1991-11-12Main Office moved to 204 North Prospect Road, Bloomington, IL 61704.

2003-05-14Acquired First State Bank of Heyworth in Heyworth, IL.

2009-01-01Changed Institution Name to First State Bank of Bloomington.

2010-11-02Changed Trust Powers to Full.

2021-08-29Main Office moved to 204 N Prospect Rd, Bloomington, IL 61704.

2023-04-01Merged and became part of First State Bank (16332) in Monticello, IL.

2023-04-01Changed Institution Name to First State Bank and Trust.