Fundz
Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →

Heartland Bank to acquire First State Bank

PRIVATEAug 10, 2026about 2 hours ago

Acquiring Company

Heartland Bank And Trust

Acquired Company

First State Bank

BloomingtonFinancial ServicesFinanceLendingBankingFinancial ServicesLendingBanking

Description

Heartland Bank And Trust has announced its acquisition of First State Bank. This strategic move aims to expand Heartland's footprint and enhance its service offerings. The merger is expected to benefit customers of both banks and strengthen community ties.

Company Information

Company

Heartland Bank And Trust

Location

Bloomington, Indiana, United States

About

Heartland Bank And Trust is a full-service bank offering personal and commercial banking services. It has a strong focus on community engagement and customer service. The bank provides various financial products and services tailored to customers' needs.

Predictive Intelligence
Strategic

ML-powered predictions for Heartland Bank And Trust's next move

Learn about Strategic plan

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired First State Bank?

First State Bank was acquired by Heartland Bank And Trust, based in Bloomington. The deal was reported on August 10, 2026. Heartland Bank And Trust is a full-service bank offering personal and commercial banking services. It has a strong focus on community engagement and customer service. Heartland Bank And Trust is privately held and operates in Financial Services.

When did Heartland Bank And Trust acquire First State Bank?

Heartland Bank And Trust's acquisition of First State Bank was reported on August 10, 2026. Heartland Bank And Trust has announced its acquisition of First State Bank. This strategic move aims to expand Heartland's footprint and enhance its service offerings. The merger is expected to benefit customers of both banks and strengthen community ties. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does First State Bank do?

First State Bank is a locally owned and independent community bank providing consumer, agricultural, business and commercial financial services since 1910. Our mission is to provide the highest quality products and services to you, our valued customers. It is privately held, operating in Financial Services.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.