The State Bank of Lima

The State Bank of Lima was a financial institution located in Lima, Illinois. It underwent several significant changes throughout its history. On April 19, 1945, the bank changed its regulatory status to become a state-chartered bank and became a member of the Federal Reserve System. The main office of the bank was relocated to Main Street in Lima on March 21, 1990, and later moved to 514 N. Range Line in Lima on June 2, 2010. On July 3, 2015, The State Bank of Lima merged with Town & Country Bank Midwest, thereby ceasing its operations as an independent entity.

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

1945-04-19Institution becomes member of the Federal Reserve System.

1945-04-19Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).

1945-04-19Changed Primary Federal Regulatory Agency to FED.

1990-03-21Main Office moved to Main Street, Lima, IL 62348.

2010-06-02Main Office moved to 514 N. Range Line, Lima, IL 62348.

2015-07-03Merged and became part of Town & Country Bank Midwest in Quincy, IL.