Harvard Savings Bank

Harvard Savings Bank was established on June 1, 1934, originally operating under the name Harvard Federal Savings and Loan Association. Throughout its history, the institution underwent several significant changes. On January 22, 1997, it changed its name to Harvard Savings Bank and transitioned its organization type to a mutual savings bank, while also becoming regulated by the Federal Deposit Insurance Corporation (FDIC). The main office was relocated to 58 North Ayer Street in Harvard, Illinois, on November 25, 2014. On April 19, 2008, Harvard Savings Bank acquired Morris Building and Loan, S.B., located in Morris, Illinois. The bank eventually merged with State Bank in Wonder Lake, Illinois, on August 1, 2016. In a further evolution of its identity, Harvard Savings Bank changed its name to First Secure State Bank on April 1, 2024.

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

1934-06-01Institution established. Original name: Harvard Federal Savings and Loan Association.

1997-01-22Changed Chartering Agency to State.

1997-01-22Changed Organization Type to Mutual Savings Bank.

1997-01-22Changed Primary Federal Regulatory Agency to FDIC.

1997-01-22Changed Institution Name to Harvard Savings Bank.

2008-04-19Acquired Morris Building and Loan, s.b. in Morris, IL.

2014-11-25Main Office moved to 58 N. Ayer St., Harvard, IL 60033.

2016-08-01Merged and became part of State Bank (22971) in Wonder Lake, IL.

2024-04-01Changed Institution Name to First Secure State Bank.