MORTON COMMUNITY BANK HISTORY
- Bank Name:Morton Community Bank
- Bank Class:Federal Reserve Non-member Bank
- Member FDIC:Certificate #18429
- Locations:44 Branches in Illinois
Morton Community Bank was founded on August 26, 1961 and has been serving the financial needs of their customers for over 62 years.
Morton Community Bank currently operates with 44 branches located in Illinois as a subsidiary of Hometown Community Bancorp, Inc. Employee Stock Ownership Plan And Trust. 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 Morton Community Bank, including mergers and acquisitions.
DATEEVENT
08-26-1961Institution established. Original name: Morton Community Bank.
11-08-1978Changed Institution Name to Morton Community Bank.
01-02-1989Acquired The Morton Trust & Savings Bank (23789) in Morton, IL.
04-01-1999Acquired Sunstar Bank (20824) in Washington, IL.
12-08-2005Acquired Pekin Savings Bank (30775) in Pekin, IL.
10-20-2006Acquired People's State Bank (10436) in Manito, IL.
03-21-2008Institution becomes member of the Federal Reserve System.
03-21-2008Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).
03-21-2008Changed Primary Federal Regulatory Agency to Fed.
09-05-2008Changed Trust Powers to Full.
09-06-2008Acquired Alpha Community Bank (10790) in Toluca, IL.
05-22-2009Acquired Citizens National Bank (5757) in Macomb, IL as part of a government assisted merger.
08-14-2010Acquired Tremont Savings Bank (31369) in Tremont, IL.
12-10-2010Acquired Citizens State Bank of Cropsey (10430) in Cropsey, Il.
08-18-2015Institution withdraws from membership in the Federal Reserve System.
08-18-2015Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
08-18-2015Changed Primary Federal Regulatory Agency to Fdic.
07-08-2016Acquired Heritage Bank of Central Illinois (12554) in Trivoli, IL.
10-06-2017Acquired State Bank of Arthur (1800) in Arthur, IL.
03-17-2018Acquired State Bank of Speer (10825) in Speer, IL.
12-06-2019Acquired First Trust & Savings Bank of Albany, ILlinois (5754) in Albany, IL.
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