FIRST STATE BANK SHANNON-POLO HISTORY
- Bank Name:First State Bank Shannon-Polo
- Bank Class:Federal Reserve Non-member Bank
- Member FDIC:Certificate #1781
- Locations:3 Branches in Illinois
First State Bank Shannon-Polo was founded on January 14, 1930 and has been serving the financial needs of their customers for over 94 years.
First State Bank Shannon-Polo currently operates with 3 branches located in Illinois as a subsidiary of Shannon Bancorp, Inc.. Check below for important events in banks history.
IMPORTANT EVENTS IN BANKS HISTORY
Below is a list of some important events in the history of First State Bank Shannon-Polo, including mergers and acquisitions.
DATEEVENT
01-14-1930Institution established. Original name: First State Bank of Shannon.
12-19-1936Institution becomes member of the Federal Reserve System.
12-19-1936Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).
12-19-1936Changed Primary Federal Regulatory Agency to Fed.
02-04-1970Institution withdraws from membership in the Federal Reserve System.
02-04-1970Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
02-04-1970Changed Primary Federal Regulatory Agency to Fdic.
01-29-1973Main Office moved to 1 South Linn Street, Shannon, IL 61078.
07-08-1976Changed Trust Powers to Limited.
07-01-1993Changed Institution Name to First State Bank Shannon-Polo.
07-01-1993Changed Institution Name to First State Bank Shannon-Polo.
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