Henry State Bank to merge with MidAmerica National Bank
Henry State Bank is pleased to announce its intention to merge with MidAmerica National Bank. The merger is expected to be finalized in Spring 2017, pending regulatory approval.
“Over the past couple of years, we have looked at strategies to increase our customer base and remain independent. Therefore we began to seek out a partner who would enhance our available resources while allowing us to remain a leader in the community we serve,” said Robert Watkins, President of Henry State Bank. “This merger will allow us to better serve our customers by expanding our products and services to include trust and wealth management, investment brokerage, and small business products to name just a few.”
Based in Canton, Illinois, MidAmerica National Bank was founded in 1933 and has approximately $330 million in assets. The bank currently serves its customers from four locations in Canton, Cuba, Lewistown and Macomb.