Acquiring Company
Cherry Bancorporation
Acquired Company
First State Bank of Van Orin
IllinoisIllinoisFinancial ServicesFinanceLendingBankingBankingDescription
Cherry Bancorporation Inc. has completed its acquisition of First State Bank of Van Orin, effective November 1, 2026. Customers will see no immediate changes and will benefit from enhanced services following a system conversion planned for summer 2027.
Who to call at Cherry Bancorporation, and when
When Cherry Bancorporation changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Cherry Bancorporation raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Cherry Bancorporation, from your own LinkedIn network
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Fundz sees it the moment Cherry Bancorporation makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired First State Bank of Van Orin?
First State Bank of Van Orin was acquired by Cherry Bancorporation, based in Illinois. The deal was reported on November 1, 2026. Cherry Bancorporation Inc. is the parent company of State Bank of Cherry, providing a range of banking services since 1906. Cherry Bancorporation is privately held and operates in Financial Services.
When did Cherry Bancorporation acquire First State Bank of Van Orin?
Cherry Bancorporation's acquisition of First State Bank of Van Orin was reported on November 1, 2026. Cherry Bancorporation Inc. has completed its acquisition of First State Bank of Van Orin, effective November 1, 2026. Customers will see no immediate changes and will benefit from enhanced services following a system conversion planned for summer 2027. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does First State Bank of Van Orin do?
First State Bank of Van Orin was chartered in 1919 and serves the northern Bureau County area. With $40 million in assets, it has been a local banking fixture with plans to integrate into the larger Cherry Bancorporation. It is privately held, operating in Banking, and is based in Illinois.
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