Norstates Bank

Norstates Bank was established on November 5, 1962, in Waukegan, Illinois, originally operating under the name Bank of Waukegan. Throughout its history, the institution underwent several significant changes and acquisitions. On April 22, 1998, Norstates Bank acquired First Federal Bank, FSB, also located in Waukegan, Illinois. In November 2005, the bank changed its name to Norstates Bank and subsequently acquired First State Bank of Round Lake, Illinois, on the same day. In 2012, the bank ceased to hold trust powers. Norstates Bank experienced further consolidation when it merged with First Midwest Bank on December 7, 2018, operating within the Chicago metropolitan area. Ultimately, on February 16, 2022, Norstates Bank merged into Old National Bank, headquartered in Evansville, Indiana, marking the end of its independent operations.

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

1962-11-05Institution established. Original name: Bank of Waukegan.

1998-04-22Acquired First Federal Bank, Fsb in Waukegan, IL.

2005-11-11Changed Institution Name to Norstates Bank.

2005-11-11Acquired First State Bank of Round Lake in Round Lake, IL.

2012-10-16Changed Trust Powers to None.

2018-12-07Merged and became part of First Midwest Bank in Chicago, IL.

2022-02-16Merged and became part of Old National Bank in Evansville, IN.