The Bank of Edwardsville

Last updated
The Bank of Edwardsville
Industry Financial services
Founded1868;156 years ago (1868)
Defunct2019
Fatemerged into Busey Bank
Headquarters330 West Vandalia Street, ,
Key people
Kevin Powers (CEO and President)
Parent Banc Ed Corp

The Bank of Edwardsville was a traditional American bank founded in 1868 and located in Edwardsville, Illinois. [1] The bank provided retail banking services such as personal savings and checking accounts, money market accounts, Christmas Club accounts and consumer loans. [2] Its clients' deposits were insured by the FDIC and they could use 19 bank branches located in Alton, Belleville, Bethalto, Collinsville, Glen Carbon, Granite City, Swansea, St. Louis, etc. [3] [4]

In early 2019, it was acquired by First Busey Corporation, the holding company of Busey Bank. [5] Accounts were subsequently transferred to Busey Bank.

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References

  1. Turner, Nikki. "The BANK of Edwardsville" . Retrieved 10 March 2017.
  2. "Company Overview of The BANK of Edwardsville, Inc" . Retrieved 10 March 2017.
  3. "The Bank of Edwardsville" . Retrieved 10 March 2017.
  4. Marion, Scott (October 19, 2023). "Local banking gets a boost with Edwardsville Bank's new branch". The Edwardsville Intelligencer.
  5. "First Busey Corporation Finalizes Acquisition of The Banc Ed Corp and TheBANK of Edwardsville". GlobeNewswire. 1 February 2019. Retrieved 23 July 2019.