PROSPECT BANK HISTORY

  • Bank Name:Prospect Bank
  • Bank Class:Federal Reserve Non-member Bank
  • Member FDIC:Certificate #3722
  • Locations:8 Branches in Illinois

Prospect Bank was founded on March 23, 1873 and has been serving the financial needs of their customers for over 151 years.

Prospect Bank currently operates with 8 branches located in Illinois as a subsidiary of Edgar County Banc Shares, 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 Prospect Bank, including mergers and acquisitions.

DATEEVENT

03-23-1873Institution established. Original name: The Edgar County National Bank.

06-25-1968Changed Institution Name to The Edgar County National Bank and Trust Co., Paris, ILlinois.

02-24-1970Institution withdraws from membership in the Federal Reserve System.

02-24-1970Changed Chartering Agency to State.

10-21-1970Main Office moved to 101-107 West Wood Street, Paris, IL 61944.

10-21-1970Changed Trust Powers to Full.

01-28-1998Acquired Kansas State Bank (16083) in Kansas, IL.

02-22-2000Main Office moved to 177 West Wood Street, Paris, IL 61944.

12-11-2009Acquired The First National Bank of Gilman (3673) in Gilman, IL.

08-14-2015Acquired Sidell State Bank (15807) in Sidell, IL.

08-01-2017Changed Institution Name to Prospect Bank.

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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
209 South Crescent Street, Gilman, IL 60938
177 West Wood Street, Paris, IL 61944
141 Veterans Parkway, Watseka, IL 60970
1601 South Prospect Avenue, Champaign, IL 61820
101 S. Front Street, Kansas, IL 61933
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