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Hickory Point Bank and Trust, fsb is a Federally Chartered Savings Bank owned and operated in Central Illinois. The bank was founded in 1979 in Forsyth, Illinois and opened in conjunction with the opening of Hickory Point Mall. The bank was later acquired by the Eagle Bank group in 1983 and operated as Eagle State Bank until it was purchased by Archer Daniels Midland in 1986 and renamed Hickory Point Bank and Trust. The bank first topped $10 million in assets in 1984 and by 1990 had total assets of $670 million while operating out of a single branch in Forsyth. In August of 1994, the bank opened its second branch inside of Hickory Point Mall as a result of the rapid growth experienced in the early 1990’s. In March of 1998, the bank converted to its current savings bank charter in order to offer a full line of both consumer and commercial products. Hickory Point Bank now has six branches in Decatur to better serve its expanded customer base. In late 2001 and early 2002, Hickory Point Bank expanded its market area with the opening of branches in Springfield and Champaign. In 2005 new branches were built in the Mt. Zion area and Springfield, with nine locations throughout Central Illinois. |
