Pioneer State Bank

Pioneer State Bank was established on June 30, 1901, under the original name State Bank of Paw Paw, Illinois. Over the years, the bank underwent several significant changes, including a relocation of its main office to 235 Chicago Road in Paw Paw, Illinois, on January 19, 1976. On March 14, 2014, the bank changed its name to Pioneer State Bank and moved its main office to 137 South Main Street in Earlville, Illinois. On the same day, it acquired the National Bank of Earlville, further expanding its operations. Subsequently, on June 11, 2016, Pioneer State Bank acquired Farmers State Bank of Sublette, located in Sublette, Illinois. However, after over a century of service, Pioneer State Bank voluntarily closed and liquidated its assets on September 30, 2023.

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

1901-06-30Institution established. Original name: State Bank of Paw Paw, ILlinois.

1976-01-19Main Office moved to 235 Chicago Road, Paw Paw, IL 61353.

2014-03-14Main Office moved to 137 South Main Street, Earlville, IL 60518.

2014-03-14Acquired National Bank of Earlville in Earlville, IL.

2014-03-14Changed Institution Name to Pioneer State Bank.

2016-06-11Acquired Farmers State Bank of Sublette in Sublette, IL.

2023-09-30Closed voluntarily and liquidated its assets.