The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

Longview in Illinois to buy Bank of Chestnut

Longview Community Bank in Mount Pulaski, Ill., has agreed to buy Bank of Chestnut in Chestnut, Ill.

The $68.3 million-asset Longview filed an application with the Federal Deposit Insurance Corp. on March 1 to buy the $20.2 million-asset Bank of Chestnut. The price wasn’t disclosed.

Bank of Chestnut said on its website that it “will continue to offer expanded banking services in Chestnut with the same great people.”

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