For Release
LLCU Completes Acquisition of Williamsville State Bank & Trust
Decatur, IL, September 1, 2026 – Land of Lincoln Credit Union (“LLCU”) of Decatur, IL, today announced the completion of its purchase and assumption transaction with Williamsville State Bank & Trust (“WSBT”) in which LLCU has acquired substantially all the assets and assumed substantially all the liabilities of Williamsville State Bank & Trust. With the acquisition complete, LLCU has expanded its footprint to include branches in Sherman and Williamsville, IL bringing us to a total of 15 branches.
Robert Ares, President and CEO of Land of Lincoln Credit Union commented, “We look forward to welcoming Williamsville State Bank’s customers and employees to LLCU and to improving access to our services throughout the greater Springfield area. Williamsville State Bank’s customers are now members of Land of Lincoln Credit Union with full access to our wide array of products and services.”
The acquisition is part of LLCU’s strategic growth plan, which includes adding branches and markets to better assist our members in Illinois.
Doeren Mayhew served as financial advisor and Luse Gorman, PC served as legal counsel to Land of Lincoln.
About Land of Lincoln Credit Union
With approximately $600 million in assets, over 145 employees, 15 branches, and over 38,000 members, LLCU offers a full menu of financial services including mortgages, auto loans, checking accounts and business loans and deposits. Land of Lincoln Credit Union remains dedicated to putting members first. More information about LLCU can be found at www.llcu.org.
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