The Bank of Edwardsville

The Bank of Edwardsville was established on January 1, 1868, in Edwardsville, Illinois. Initially founded as a local banking institution, it underwent significant changes over the years, including a relocation of its main office to 330 West Vandalia Street, Edwardsville, on January 10, 1972, alongside an expansion of its trust powers to full status. On January 18, 1980, the bank withdrew from membership in the Federal Reserve System. In a strategic move to expand its services and reach, The Bank of Edwardsville acquired Omni Bank in Pontoon Beach, Illinois, on October 9, 1998. Ultimately, the bank's history concluded when it merged with Busey Bank based in Champaign, Illinois, on October 4, 2019, becoming part of a larger banking organization.

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

1868-01-01Institution established. Original name: The Bank of Edwardsville.

1972-01-10Main Office moved to 330 West Vandalia Street, Edwardsville, IL 62025.

1972-01-10Changed Trust Powers to Full.

1980-01-18Institution withdraws from membership in the Federal Reserve System.

1998-10-09Acquired Omni Bank in Pontoon Beach, IL.

2019-10-04Merged and became part of Busey Bank in Champaign, IL.