Local News

Kenney Bank and Trust Closing; Assets Being Sold to LaHarpe Bank

Regional Radio News has learned that Kenney Bank and Trust will be closing, and the assets of the bank are being sold to First State Bank of Illinois.

In a letter sent to customers dated October 23rd, Clayton A. LeBeck, the president and C-E-O of the bank, said that the board of directors of Kenney Bank and Trust has entered into an agreement with First State Bank of Illinois in LaHarpe, Illinois, to acquire all the assets and liabilities of the Kenney Bank.

But with that acquisition, First State Bank will not be maintaining a Kenney office.

Kenney Bank and Trust officials expect the transaction to close by the end of the year, and for the Kenney bank building to close upon completion of the sale.

Townhall Top of the Hour News

Local Weather - Sponsored By:

CLINTON WEATHER

Local News

DeWittDN on Facebook