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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