First State Bank Shannon-Polo
- Bank Name:First State Bank Shannon-Polo
- Bank Class:State Chartered - FED Nonmember Bank
- Member FDIC:Certificate #1781
- Routing Number:ACH & Wire - 071115801
- Locations:3 Branches in Illinois
- Web Address:fsbshannon-polo.com
First State Bank Shannon-Polo Information
First State Bank Shannon-Polo was founded in January 1930 and is based in Shannon, Illinois. The bank operates as a subsidiary of Shannon Bancorp, Inc.. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, First State Bank Shannon-Polo is classified as a commercial bank, state charter and Fed nonmember, supervised by the FDIC. First State Bank Shannon-Polo is a FDIC-insured bank with certificate number of 1781. The assigned Fed RSSD ID of First State Bank Shannon-Polo is 232847.
First State Bank Shannon-Polo currently operates with 3 branches located in Illinois. First State Bank Shannon-Polo is the 239th largest bank in Illinois. The bank does not have any offices outside Illinois.
A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for First State Bank Shannon-Polo is 071115801. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.
The full address of bank headquarters is 1 S Linn St, Shannon, IL 61078. You can visit the official website of the bank at https://www.fsbshannon-polo.com for more information and online banking service if available. For a comprehensive list of First State Bank Shannon-Polo branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.
Map Of Branch Locations
Bank Offices In Illinois
History Of First State Bank Shannon-Polo
First State Bank Shannon-Polo is a financial institution located in Shannon, Illinois, established on January 14, 1930, under the original name First State Bank of Shannon. Throughout its history, the bank has undergone several significant changes. On December 19, 1936, it became a member of the Federal Reserve System and was designated as a State Chartered Bank, which allowed it to operate under the regulatory oversight of the Federal Reserve. However, on February 4, 1970, the bank withdrew from the Federal Reserve System and changed its primary federal regulatory agency to the Federal Deposit Insurance Corporation (FDIC), transitioning its classification to a State Chartered Bank that is not a member of the Federal Reserve System. Subsequently, on July 8, 1976, the bank limited its trust powers. A major move took place on January 29, 1973, when the main office relocated to 1 South Linn Street in Shannon, Illinois. Finally, on July 1, 1993, the institution changed its name to First State Bank Shannon-Polo, reflecting its continuing evolution within the banking sector.
Below is a list of some important events in bank's history, including mergers and acquisitions.
07-01-1993Changed Institution Name to First State Bank Shannon-Polo.
07-08-1976Changed Trust Powers to Limited.
01-29-1973Main Office moved to 1 South Linn Street, Shannon, IL 61078.
02-04-1970Changed Primary Federal Regulatory Agency to FDIC.
02-04-1970Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
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