MORTON COMMUNITY BANK COMPLETES ACQUISITION OF HERITAGE BANK OF CENTRAL ILLINOIS
The previously announced merger between Morton Community Bank and Heritage Bank of Central Illinois was completed successfully over the weekend. The former Heritage Bank locations were closed on Saturday to facilitate the smooth integration of all operations. The locations reopened this morning as additional divisions of Morton Community Bank.
“This day is great for our customers, our employee-owners and our shareholders. Wherever our customers travel, they are not far from one of the 38 Hometown Community Banks’ locations in Central and Western Illinois,” said Jean Ann Honegger, Co-CEO and Group President of Morton Community Bank. “Customers now have access to convenient locations throughout the greater Peoria market, in Bloomington-Normal, in Macomb and at many other locations where they can conduct transactions as if they were in their hometown.”
Jim Mamer, President and Co-CEO of Morton Community Bank, noted that the merger is good for business customers as well as consumers. “Commercial loans are vital to the growth and success of local businesses and economies. Our business customers will benefit from more lenders, additional industry knowledge and higher lending limits for business loans,” said Mamer.
Morton Community Bank and its Hometown Community Banks’ divisions offer comprehensive banking services for both business and personal clients. For more information, visit www.hometownbanks.com.