Galena State Bank & Trust

Galena State Bank & Trust was established on January 3, 1967, originally under the name Galena State Bank. On January 22, 1971, the bank expanded its operations by acquiring full trust powers and subsequently changed its name to Galena State Bank. The institution officially adopted the name Galena State Bank & Trust Co. on April 17, 1972. In a significant development, the bank relocated its main office to 971 Gear Street in Galena, Illinois, on December 30, 1996. On July 2, 2009, Galena State Bank & Trust acquired The Elizabeth State Bank in Elizabeth, Illinois, as part of a government-assisted merger. However, the bank underwent further changes when it merged with Illinois Bank & Trust in Rockford, Illinois, on January 24, 2015. Ultimately, on December 2, 2022, Galena State Bank & Trust merged with Htlf Bank in Denver, Colorado, marking the end of its operations as an independent entity.

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

1967-01-03Institution established. Original name: Galena State Bank.

1971-01-22Changed Institution Name to Galena State Bank.

1971-01-22Changed Trust Powers to Full.

1972-04-17Changed Institution Name to Galena State Bank & Trust Co..

1996-12-30Main Office moved to 971 Gear Street, Galena, IL 61036.

2009-07-02Acquired The Elizabeth State Bank in Elizabeth, IL as part of a government assisted merger.

2015-01-24Merged and became part of Illinois Bank & Trust in Rockford, IL.

2022-12-02Merged and became part of Htlf Bank (58458) in Denver, CO.