South Side Trust & Savings Bank

The South Side Trust & Savings Bank was established on January 2, 1922, in Peoria, Illinois, originally operating under the name South Side Trust & Savings Bank of Peoria. Over the years, the bank expanded its operations and on August 24, 1990, it acquired the Chillicothe Federal Savings and Loan Association located in Chillicothe, Illinois. The institution continued to serve its community until March 16, 2018, when it merged with and became part of Busey Bank, based in Champaign, Illinois. This merger marked the end of the South Side Trust & Savings Bank as a separate entity.

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

1922-01-02Institution established. Original name: South Side Trust & Savings Bank of Peoria.

1990-08-24Acquired Chillicothe Federal Savings and Loan Association in Chillicothe, IL.

2018-03-16Merged and became part of Busey Bank in Champaign, IL.