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November 18, 2013

We have good news.During the first quarter of 2014, Longview State Bank and The First National Bank of Ogden will merge to become one bank: Longview Bank. All banking locations and employees will remain as they are today. We will continue to serve you at Ogden, Sidney, St. Joseph, Newman, Villa Grove, Royal, and Camargo. You will continue to do your banking business with the same friendly, professional people at each location.

This merger will make us more efficient, and better able to provide you with a full array of banking services. Longview State Bank customers will have the added benefit of a Trust Department through our Trust staff at the Ogden bank. The resulting bank will continue to be owned and operated by Longview Capital Corporation of Newman, Illinois.

We value your banking relationship. As a true community bank, we value you as members of our rural communities where we all live and work. In the words of our motto, "We belong together."

MERGER-Q&A

    1. Will the bank name change?
    Yes, The Longview State Bank and The First National Bank of Ogden and all their branch locations will become LONGVIEW BANK. Eventually all signage, letterhead and marketing materials will have a new logo.
    2. Tell me more about the reason for this change.
    The Longview State Bank and The First National Bank are both owned by the Longview Capital Corporation of Newman, IL. The holding company also owns the State Bank of Chrisman, First National Bank in Georgetown and Bank of Gibson City. By merging these two banks, we become more efficient, we can offer more services, expertise and locations to our customers. Trust Services will be available at all locations.
    3. Staff changes? Hours of operation? Fees? Accounts?
    All employees will remain the same, even your favorite teller! The hours of operation will remain the same in each location. Fees-we are working to keep them as good as or better than before. The account offerings differ between Longview State Bank and The First National Bank of Ogden. As we check things off our “to do list” we will be working to make our account types the same in all locations.
    4. Will I be able to conduct business at any of the Longview State Bank and The First National Bank of Ogden locations?
    YES! As well as use any of the ATM’s belonging to holding company banks.
    5. Will my account number(s) change?
    No, account numbers will remain the same. We will be merging our two data bases together. If we come across any two account numbers that are the same, we will address with those involved as necessary.
    6. What about my checks and debit cards?
    You may continue to use them until you run out of checks or your debit card expires. At that time, when you order new checks and/or a new debit card is issued, they will come with our new logo.
    7. I have deposit accounts and CD’s at both the Longview State Bank and The First National Bank of Ogden. Will I be covered by FDIC insurance?
    YES! When a merger takes place, the FDIC allows for insurance coverage for 6 months for accounts in each of the merging banks. CD’s are separately insured until the earliest maturity date after the end of the 6 month grace period. CD’s that mature during the 6 month grace period and are renewed for the same term and in the same dollar amount (with or without accrued interest) continues to be separately insured until the first maturity date after the 6 month grace period. For more information visit www.fdic.gov.
    8. When will the merger be final?
    We hope to have the merger completed in the late spring 2014.
The First National Bank of Ogden  •  102 S. East Avenue  •  P. O. Box 47  •  Ogden, IL 61859  •  Ph: 217.582.2175  •  Fax: 217.582.2176
Royal Bank  •  102 N. Park  •  P. O. Box 10  •  Royal, IL 61871  •  Ph: 217.583.3101  •  Fax: 217.583.3102
   

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THE FIRST NATIONAL BANK OF OGDEN

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