Mazon State Bank

Mazon State Bank was established on August 31, 1944. Initially operating under the same name, the institution made a significant change on June 17, 1974, when it adjusted its trust powers to limited and officially adopted the name Mazon State Bank. The bank underwent further transformations in its structure through mergers; on July 1, 2016, it merged with First Community Financial Bank, located in Plainfield, Illinois. This merger was part of a broader trend of consolidation in the banking sector. Later, on November 3, 2017, Mazon State Bank merged again, this time becoming part of Busey Bank, headquartered in Champaign, Illinois.

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

1944-08-31Institution established. Original name: Mazon State Bank.

1974-06-17Changed Institution Name to Mazon State Bank.

1974-06-17Changed Trust Powers to Limited.

2016-07-01Merged and became part of First Community Financial Bank in Plainfield, IL.

2017-11-03Merged and became part of Busey Bank in Champaign, IL.