First Bancorp of Taylorville, Inc. Acquires Mackinaw Valley Financial Services, Inc.

April 23, 2021

First Bancorp of Taylorville, Inc., parent of First National Bank in Taylorville, has entered into an agreement to acquire Mackinaw Valley Financial Services, Inc., the parent company of First Security Bank. The transaction expands First National Bank in Taylorville's branch footprint into Tazewell and McLean counties (adding offices in Mackinaw, Danvers and Deer Creek) and increases combined assets to approximately $310 million; closing is expected in the second half of 2021 subject to shareholder and regulatory approvals.

Buyers
First Bancorp of Taylorville, Inc.
Targets
Mackinaw Valley Financial Services, Inc., First Security Bank
Location
Illinois, United States
Transaction Type
Buyout

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