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Announced

Completed

Savanna-Thomson Investment and Savanna-Thomson State Bank completed the merger with Fidelity Bank and Maximum Bancshares.

Synopsis

Savanna-Thomson Investment, a bank holding company, and Savanna-Thomson State Bank, a community bank, completed the merger with Fidelity Bank, a community bank in western Illinois and central Iowa, and Maximum Bancshares, a bank holding company. Financial terms were not disclosed. "Savanna-Thomson State Bank is excited for the future. By acquiring Fidelity Bank, we will form an institution which will maintain our community focus while being able to provide additional banking products to our customer base," Robert Froehlich, Savanna-Thomson President.

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