Bank Branches › Closed and merged banks › Illinois › Palmer-American National Bank of Danville
What happened to Palmer-American National Bank of Danville?
Palmer-American National Bank of Danville in Danville, IL merged into Old National Bank of Evansville, IN on Nov 4, 1999. After 1 more change of hands, what was Palmer-American National Bank of Danville is today part of Old National Bank (Evansville, IN).
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.
- 1892Palmer-American National Bank of Danville opens in Danville, IL
- Nov 4, 1999MERGEDPalmer-American National Bank of Danville merged into Old National Bank of Evansville, IN.FDIC certificate 3646 ends; its business continues under certificate 4393.
- Nov 5, 1999MERGEDOld National Bank of Evansville, IN merged into Old National Bank of Evansville, IN.FDIC certificate 4393 ends; its business continues under certificate 3832.
- TodayOPEN
Old National BankMain office Evansville, IN · FDIC certificate 3832 · 354 offices in 10 states on June 30, 2026Every Old National Bank office → Website on file with the FDIC: www.oldnational.com
If you still have something from Palmer-American National Bank of Danville
A lien that was never released
If a paid-off mortgage, home-equity line or car loan still shows Palmer-American National Bank of Danville as lienholder, start with Old National 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 Old National Bank to search for the account under the name Palmer-American National Bank of Danville. 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 Old National Bank which branch now holds boxes from the Palmer-American National Bank of Danville 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
9 offices filed under this charter in some year from 1994 on. 2 are still open as of June 30, 2026.
| Office | Now |
|---|---|
| 2 W Main StDanville, IL | OpenOld National Bank |
| 2431 N Vermilion StDanville, IL | OpenOld National Bank |
| 201 East Penn StreetHoopeston, IL | No longer reported |
| 108 East State StreetPotomac, IL | No longer reported |
| 1628 Georgetown RoadTilton, IL | No longer reported |
| 1035 East Main StreetDanville, IL | No longer reported |
| 210 South Market StreetHoopeston, IL | No longer reported |
| Main StreetRankin, IL | No longer reported |
| 2917 North Vermilion StreetDanville, IL | No longer reported |
Banks folded into Palmer-American National Bank of Danville
3 banks merged directly into this charter; counting the banks those had absorbed earlier, 4 charters end up inside it.
| Bank | Ended |
|---|---|
| The City National Bank of HoopestonHoopeston, IL | Apr 26, 1993 |
| City Potomac BankPotomac, IL | Apr 26, 1993 |
| The City National Bank of DanvilleDanville, IL | Apr 26, 1993 |
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 3646 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.