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Spanish Daily Journal
     April 3, 2019      #26-93 sdj 0
 
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Midland States Bancorp to aquire Homestar

Midland States Bancorp and HomeStar Bank & Financial Services announced Tuesday that Midland, based in Effingham, will acquire HomeStar, headquartered in Manteno.

According to a news release from Midland States Bancorp, the two financial institutions “have entered into a definitive agreement where Midland will acquire 100 percent of the common stock of HomeStar and its wholly owned subsidiary HomeStar Bank and Financial Services in exchange for 405,000 shares of Midland common stock.”

HomeStar Bank has five locations in the Kankakee area, including branches in Bourbonnais, Bradley and Manteno. It’s been doing business in ...

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