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Shabbona Evaluates Banking Options After Merger

Shabbona village logoShabbona village
Document date
Nov 5, 2026
Renews
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The 30-second brief

What it covers

The Village of Shabbona discussed the pending acquisition of First State Bank by Heartland Bank. The Village Treasurer is evaluating banking options ahead of the merger, which is expected to take effect in the first quarter of 2027.

Who holds it

First State Bank holds this financial services contract with Shabbona village. Its other public contracts on record include work for Magdalena village and Boise City Public Schools.

What happens next

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Contract details

Contract type
Financial Services
Document date
November 5, 2026
Term
Current banking relationship; merger expected to take effect in the first quarter of 2027
Renews
On record
Vendor
First State Bank
Agency
Shabbona village
Source document
Village of Shabbona AgendaPacket Finance Committee Meeting and Tax Levy Documents November 5, 2026 (AgendaPacket)

First State Bank's other public contracts

Magdalena village, New MexicoMeter Deposit Account Held At First State Bank · Nov 9, 2026$28.6KMagdalena village, New MexicoAgency Checking Account Reported At First State Bank · Nov 9, 2026$3.1KBoise City Public Schools, OklahomaDistrict Places $1.5 Million CDARS Investment · Nov 7, 2026$1.5MSuburban Library Cooperative, MichiganSigner Change Planned for First State Bank Account · Oct 22, 2026UndisclosedCity of Alma, NebraskaAlma Lists First State Bank Certificates · Oct 21, 2026$678,?All First State Bank contractsVendor profile

More Shabbona village contracts

Heartland BankHeartland Bank Identified in Shabbona Merger Review · Nov 5, 2026UndisclosedIRWAShabbona Reviews IRWA Utility Rate Study · Nov 5, 2026UndisclosedLauterbach & Amen LLPShabbona Reviews Annual Audit by Lauterbach & Amen · Oct 15, 2026UndisclosedNorthern Illinois Disposal Service IncNorthern Illinois Disposal Continues Shabbona Garbage Service · Oct 15, 2026$7.2KFarm & FleetShabbona Approves Farm And Fleet Purchases · Oct 15, 2026UndisclosedAll Shabbona village activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Shabbona village?

First State Bank was awarded this financial services contract by Shabbona village, as recorded on November 5, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Village of Shabbona AgendaPacket Finance Committee Meeting and Tax Levy Documents November 5, 2026 (AgendaPacket), dated November 5, 2026 from Shabbona village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First State Bank hold?

First State Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Shabbona village currently buying?

Explore Shabbona village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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