United Community Bank is pleased to announce that our parent company, United Community Bancorp, Inc., has completed the acquisition of Illini Corporation, a bank holding company based in Springfield, Illinois.
Illini Corporation and its subsidiary banks, Illini Bank and Farmers State Bank of Camp Point, reported assets of approximately $328.8 million as of October 31, 2016. Following the acquisition, UCB’s total assets are in excess of $2.2 billion which makes it the largest locally-owned banking group in west central Illinois. Its bank network now includes 44 branches serving 29 communities in 12 central Illinois counties and one northeast Missouri county. Combined, United Community Bank and Illini Bank have the largest deposit base in Sangamon County, exceeding any of it’s local, regional, or national competitors.Read the complete Press Release