Including Peoria, Bloomington, Normal, Pekin, Washington, Canton, East Peoria, Pontiac, Morton, Havana, and 75 other towns.
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Banking in the Peoria Area
With over 115,000 people in the city itself and about 374,000 in the larger metro area, Peoria is the biggest city on the Illinois River. The area was first settled in the 1680s by French explorers who built a fort there. Later, in 1813, it became home to Fort Clark, which would eventually be renamed Peoria. The city's economy centers around industry, retail, and health care, with top employers being Caterpillar, UnityPoint Health, and Walmart. However, many people are also employed by Peoria's financial institutions.
Today, almost 50 banks and 25 credit unions maintain headquarters in the Peoria area. Among these are the Heartland Bank and Trust Company, State Farm Bank, CEFCU, State Farm Federal Credit Union, and Morton Community Banks. Counting institutions that are not headquartered in the city, there are approximately 25 credit unions and 85 banks with over 340 branches throughout the Peoria area. The city's oldest active bank, The First National Bank of Lacon, was originally established in 1864. The Bank provides an array of services today, but especially focuses on serving the agriculture industry.
