CNB Bank and Trust has announced they will be merging with Jacksonville Savings Bank. The acquisition is expected to close in the second quarter of 2018, and Jacksonville Savings Bank locations will eventually be under the CNB name.
Shawn Davis is the President of CNB Bank and Trust. He says the goal of the merger is to strengthen two local community banks in Central Illinois.
Davis says the merger will not affect services provided at Jacksonville Savings Bank.
Jacksonville Savings Bank has locations in Jacksonville, Chapin, Virden, and Litchfield.
