GLASFORD STATE BANK HISTORY

  • Bank Name:Glasford State Bank
  • Bank Class:Federal Reserve Non-member Bank
  • Member FDIC:Certificate #8492
  • Locations:2 Branches in Illinois

Glasford State Bank was founded on September 1, 1932 and has been serving the financial needs of their customers for over 91 years.

Glasford State Bank currently operates with 2 branches located in Illinois as a subsidiary of Backlund Investment Co.. 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 Glasford State Bank, including mergers and acquisitions.

DATEEVENT

09-01-1932Institution established. Original name: Glasford State Bank.

02-07-1941Institution becomes member of the Federal Reserve System.

02-07-1941Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).

02-07-1941Changed Primary Federal Regulatory Agency to Fed.

02-15-1966Institution withdraws from membership in the Federal Reserve System.

02-15-1966Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).

02-15-1966Changed Primary Federal Regulatory Agency to Fdic.

09-30-1989Main Office moved to Main Street, Glasford, IL 61533.

06-15-1992Main Office moved to 305 East Main Street, Glasford, IL 61533.

08-29-2021Main Office moved to 305 W Main St, Glasford, IL 61533.

06-17-2022Merged and became part of Better Banks (1808) in Peoria, IL.

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NEW BRANCHES

No new branches were opened in the last 12 months...

CLOSED BRANCHES

No branches were closed in the last 6 months...

POPULAR BRANCHES
305 East Main Street, Glasford, IL 61533
10045 West Lancelot Drive, Mapleton, IL 61547
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