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Illinois regulator OKs First Collinsville Bank, First County Bank consolidation

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Illinois regulator OKs First Collinsville Bank, First County Bank consolidation

The Illinois Department of Financial and Professional Regulation on Sept. 14 approved the proposed consolidation of two Collinsville, Ill.-based First Co Bancorp Inc. units.

Under the consolidation, First Collinsville Bank and First County Bank will combine as FCB Banks.