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- In early 1951 a group of local businessmen and
interested citizens of Maroa met and discussed the
possibility of forming a bank. The community had been
without a bank since 1932.
- On July 13, 1951, Maroa received a Banking Charter
as Bank of Maroa. They purchased the bank building
located at 101 E. Main Street that was built in 1916 by Crocker and Company.
In 1972, the Board of Directors determined it was wise to purchase the two buildings adjacent to the bank building.
One of the two buildings was torn down and a drive-up facility was built and placed in service in July, 1974.
The other building is adjacent to the drive-up and is connected with the adjoining wall known as the Maroa Mini Mall.
- Past presidents of the bank were George H. Waller and Robert Stoutenborough. On April 26, 1982, Robert Lienhart was elected
Chairman of the Board, and Lawrence E. Thicksten was elected as the banks first active president/CEO.
- An agreement was reached in late 1994 for Maroa Bancshares, Inc., to be acquired by Scott Bancshares, Inc. The acquisition was consummated on June 30, 1995.
- Early 2000, a decision was made to open a branch in Forsyth, Illinois. The facility is expected to be in operation late 2000. This is the first branch the bank has had in it's 50 year history.
- On October 1st, 2000, Lawrence Thicksten retired after 33 years of service. Larry B. Otis was elected President/CEO. Larry has more that 20 years service to Maros Forsyth Community Bank. Lawrence Thicksten will remain on the board of directors.
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October 1st, 2000 also saw a name change from Bank of Maroa to Maroa Forsyth Community Bank. This name change better reflects the bank's service area and our commitment in serving the communities of Maroa and Forsyth.
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