Bank Branches › Closed and merged banks › Illinois › The First State Bank of Mounds
What happened to The First State Bank of Mounds?
The First State Bank of Mounds in Mounds, IL merged into The First National Bank of Metropolis of Metropolis, IL on Oct 27, 1995. After 2 more changes of hands, what was The First State Bank of Mounds is today part of MidCountry Bank (Minneapolis, MN).
The chain, step by step
From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.
- 1906The First State Bank of Mounds opens in Mounds, IL
- Oct 27, 1995MERGEDThe First State Bank of Mounds merged into The First National Bank of Metropolis of Metropolis, IL.FDIC certificate 10792 ends; its business continues under certificate 3813.
- Aug 31, 2004MERGEDThe First National Bank of Metropolis (by then renamed Community National Bank) of Metropolis, IL merged into MidCountry Bank of Minnetonka, MN.FDIC certificate 3813 ends; its business continues under certificate 34574.
- Oct 31, 2004MERGEDMidCountry Bank of Minnetonka, MN merged into MidCountry Bank of Minneapolis, MN.FDIC certificate 34574 ends; its business continues under certificate 28865.
- TodayOPEN
MidCountry BankMain office Minneapolis, MN · FDIC certificate 28865 · 16 offices in 1 state on June 30, 2026Every MidCountry Bank office → Website on file with the FDIC: www.midcountrybank.com
If you still have something from The First State Bank of Mounds
A lien that was never released
If a paid-off mortgage, home-equity line or car loan still shows The First State Bank of Mounds as lienholder, start with MidCountry Bank. In a merger the surviving bank takes over the other bank's loans, so it is the bank to ask for a recordable lien release; if the loan was sold along the way, it can tell you to whom.
The FDIC says it cannot process lien releases for banks that merged or were acquired without government assistance, which is what the record shows here.
Record the release with the same county office that recorded the original mortgage or deed of trust.
An old account, passbook or CD
Ask MidCountry Bank to search for the account under the name The First State Bank of Mounds. A passbook or certificate shows an account existed. It doesn't show the money is still there, and the OCC notes that federal rules require banks to keep most account records for five years.
Accounts nobody touches are eventually turned over to a state. The OCC puts the usual wait at three to five years with no activity, set by each state's law. Search the unclaimed-property program of the state of the owner's last known address on the bank's records, and any other state they lived in. It is free to search and to claim through a state's own site, and MissingMoney.com, an official site of the state administrators' association, searches most states at once.
A safe deposit box
Ask MidCountry Bank which branch now holds boxes from the The First State Bank of Mounds office you used. The OCC says a box with no activity for three to five years (the period is set by state statute) is likely treated as dormant, and its contents may be turned over to the state's unclaimed-property program.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain. The office list below shows which bank each office reports under now.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Its offices in the FDIC deposit reports
1 office filed under this charter in some year from 1994 on. None is still reporting as of June 30, 2026.
| Office | Now |
|---|---|
| 100 S Oak StMounds, IL | No longer reported |
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 10792 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.