LLCU completes purchase of Colchester State Bank
DECATUR -- Another bank in Central Illinois is now part of the Land of Lincoln Credit Union (LLCU) family. LLCU announced Friday its completion of the purchase and assumption transaction with Colchester State Bank in McDonough County. Through this transaction, LLCU has acquired all assets and liabilities of Colchester State Bank. The completion of this acquisition now results in LLCU's footprint expanding to a total of 14 branches. The initial deal was brokered and signed in December 2022. "We look […]
