McHenry Savings Bank

McHenry Savings Bank, originally established as McHenry Savings and Loan Association on January 1, 1955, has undergone several significant changes throughout its history. On March 31, 1985, the institution changed its name to McHenry Savings Bank. On December 7, 1993, it transitioned to a Stock Savings Bank and changed its primary federal regulatory agency to the Federal Deposit Insurance Corporation (FDIC). The bank's main office has moved multiple times, with its current location at 353 Bank Drive, McHenry, Illinois, established on August 29, 2021. This location had previously been the bank's main office since June 17, 2002. McHenry Savings Bank has served the local community for decades, adapting to regulatory changes and evolving market conditions.

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

1955-01-01Institution established. Original name: McHenry Savings and Loan Association.

1985-03-31Changed Institution Name to McHenry Savings Bank.

1993-12-07Changed Organization Type to Stock Savings Bank.

1993-12-07Changed Primary Federal Regulatory Agency to FDIC.

2002-06-17Main Office moved to 353 Bank Drive, Mchenry, IL 60050.

2021-08-29Main Office moved to 353 Bank Dr, Mchenry, IL 60050.