An acquisition is when one organization takes ownership of another organization. The boards of Williamsville State Bank & Trust (“Williamsville” or “WSBT”) and Land of Lincoln Credit Union ("Land of Lincoln" or “LLCU”), an Illinois chartered credit union, have signed a definitive agreement for LLCU to purchase the assets and assume the liabilities of Williamsville, and have received regulatory approval to complete the purchase and assumption transaction. The closing date for the acquisition is scheduled for August 31st, 2026. Subsequently, on September 1st, 2026, all WSBT customers will automatically become members of LLCU.

The current competitive marketplace and increasing demands in the rapidly evolving financial services industry led the management and board of WSBT to determine that combining with a larger organization is the optimal strategy to continue serving its customers today and well into the future. WSBT customers, at the time the transaction is completed, will become members of Land of Lincoln Credit Union with full access to the credit union's vast array of products and services and LLCU's larger lending limit.

Management and the board of WSBT were impressed with LLCU's commitment to exceptional service as well as its investment in people and community, which already includes strong outreach in the greater Springfield area. This partnership will provide a positive financial return to all members of LLCU following the transaction.

We understand this might be your first experience using a credit union for financial services. The good news is, banks and credit unions offer the same products and services, so this transition should be fairly simple. The key difference between banks & credit unions is that credit unions are non-profit organizations owned by the members (YOU). This means any profit made is returned to members through higher dividends, competitive loan rates, & enhanced technology.

Another key difference is how the deposits of our members are insured. Credit Unions are federally insured by the NCUA (National Credit Union Administration), which is a federal government agency. The NCUA is the credit union equivalent to the FDIC for banks. At LLCU, we also provide additional deposit insurance through ESI (Excess Share Insurance). For a comparison side-by-side of NCUA Insurance and FDIC Insurance, please refer to the bottom of this page.

Land of Lincoln Credit Union (or LLCU) is an Illinois-chartered credit union, regulated by the Credit Union Section, Division of Financial Institutions, Illinois Department of Financial and Professional Regulation (“IDFPR”) and federally insured by the National Credit Union Administration (the "NCUA"). LLCU operates from its main branch in Decatur, Illinois, and numerous other branches with offices located throughout central Illinois. The LLCU mission is “To provide our members education and tools to achieve financial success.” You can also learn more about LLCU by viewing our 2025 Community Impact Report found HERE.

This proposed partnership is a cultural and geographic fit that will create enhancements for members of both, LLCU and WSBT. With this transaction, LLCU will now have three branches within the greater Springfield area.

At the time of the acquisition closing on August 31st, WSBT customers will officially become LLCU members, but the actual conversion of the accounts system will not take place until on or about the weekend of September 25th - 28th, 2026. This means that former WSBT customers will need to continue using only the former WSBT branch locations in Springfield, Williamsville and Sherman from Sept. 1st through conversion weekend.

As of Sept. 29th, once the WSBT accounts system is converted to LLCU, all former WSBT customers will be able to visit any LLCU branch and begin using LLCU Digital Banking. Additionally, on this date, all former WSBT customers will have full access to any LLCU product, service, and associated ATM. See the discussion under the heading “Account Conversion” below for additional information regarding changes that will occur following the conversion to LLCU’s records system.

The accounts system conversion is scheduled to take place the weekend of Sept. 25th, 2026. LLCU will continue to send communications describing what to expect as we near the conversion date, including detailed instructions regarding any potential changes to your accounts, to online banking, to any products and/or services, as well as any required action on your part.

On the official closing date of August 31st, 2026, when LLCU purchases and assumes all of WSBT's loans and deposits, all WSBT customers will automatically become members of Land of Lincoln Credit Union, no action is required on your part. All new LLCU members are required to have a main savings account with a balance of $5.00. This serves as your “share” as a part owner of LLCU. For any WSBT customer that does not currently have a savings account at WSBT, LLCU will open and fund a main savings account with a balance of $5.00.

There will be a brief interruption of some services during the weekend of the accounts system conversion, scheduled to occur Sept. 25th - 27th, 2026. To view the exact outages and closures, visit the timeline on this webpage.

After the acquisition, LLCU expects to continue to offer very similar products and services as are currently offered at Williamsville State Bank. Presently, WSBT offers checking accounts, savings accounts, CDs, money market accounts, and loans. These same deposit and loan products are presently offered at LLCU. WSBT currently offers Online and Mobile Banking, LLCU also offers very robust online and mobile banking platforms. One change you will surely like is that LLCU’s mobile banking platform offers you the capability to remotely deposit checks. Your transition to LLCU Online and Mobile Banking should be easy and seamless. More detailed information will follow as we near the accounts system conversion date.

IMPORTANT NOTE ABOUT ONLINE BANKING: As soon as the acquisition is final on August 31st, 2026, you should continue logging into Online Banking as you always have. The mobile app and login URL will not immediately change. You will notice that the logo will change to LLCU, but you will continue logging in as usual. As of September 1st, 2026, you will then be able to enroll in LLCU Online and Mobile Banking. This transition should be very easy and we will send detailed information as to how to activate your LLCU Online Banking as we near the conversion date.

Finally, initially, branch hours of operations for all three WSBT branches will remain the same. We anticipate the transition may increase branch traffic, so we may expand hours of operation after the conversion is complete. Exciting news on the horizon, as we install Video Teller Machines at the Springfield, Williamsville and Sherman branches, you will be able to have extended hours for Teller Transactions. To learn more about our Video Teller Machines coming soon to you, click HERE.

After the closing date, your deposits will be federally insured by the NCUA and not by the FDIC. All your current deposits will continue to be federally insured up to $250,000 for each account category through the NCUA. Additionally, LLCU provides members with an additional $750,000 in deposit coverage through Excess Share Insurance (ESI). Therefore, when combining both NCUA and ESI, LLCU members' deposits are protected up to at least $1,000,000.

At no time during the transition from FDIC to NCUA will your deposits be uninsured. Enclosed you will find a chart comparing FDIC and NCUA insurance coverage. The insured status of deposits at WSBT under the provisions of the Federal Deposit Insurance Act will continue until deposits are transferred to LLCU upon completion of the acquisition on August 31st, 2026. At that point, deposits will be insured by the NCUA and not the FDIC.

We have included a chart comparing FDIC and NCUA insurance coverage at the bottom of this FAQ page. You can also visit the NCUA’s website at www.ncua.gov and the FDIC’s website at www.fdic.gov where more detailed information about share and deposit insurance can be found.

WSBT’s three branch locations will remain open and become full-service LLCU locations. You will need to continue to use your current WSBT branch until after the conversion of your account to the records and systems of LLCU effective September 29^th, 2026.

Yes, Williamsville State Bank & Trust (WSBT) will become part of, and assume the name of, Land of Lincoln Credit Union (LLCU) effective August 31st, 2026.

The WSBT employees you know and love will continue their dedicated service. LLCU is working hard to align the skills, abilities, and career goals of all current WSBT employees with LLCU’s commitment to serve you. Bringing together two successful organizations, we will create a vibrant work environment with incredible career growth and advancement potential.

After the completion of the system conversion, the following list is just a sampling of the types of benefits that will be available to you:

• FREE Online & Mobile Banking with remote check deposit capability. Banking on the go!
• FREE VISA® Contactless Debit Card with card management services within the mobile banking app.
• FREE BillPay – Pay your bills whenever you want, day or night, simply and securely.
• FREE E-Statements – Prevent "dumpster diving" identity theft and view your statement(s) online.
• FREE Financial Education and Counseling – LLCU partners with GreenPath™ to provide resources, tools, and counseling to help you achieve your financial goals and improve your financial health.

The conversion of all Williamsville State Bank & Trust customer accounts to the Land of Lincoln Credit Union accounts system has been scheduled to take place the weekend of September 25th, 2026. While access to some services may transition at different intervals leading up to and through the conversion, there should be no impact to your ability to use your account(s). Additional instructions will follow in the coming weeks regarding any scheduled account changes relating to direct deposits, routing/account numbers, loan payments, etc. Please be sure to check that WSBT has your current and accurate contact information in their system to ensure that you receive all future communications.

The conversion of accounts to LLCU's system may require some changes to account names and/or account numbers if there are duplicates between institutions. We will work to minimize any changes that will be required to be made to accounts as we understand that this type of change may cause disruption. We are committed to making this transition as smooth as possible so that you experience no interruptions in accessing your accounts. Any and all changes will be communicated with ample notice and detailed instruction should they require any action from you.

After the conversion, you will begin to use the LLCU Routing Number for setting up any new ACH transactions, and to order new checks. The LLCU Routing Number can be found at the top of the www.llcu.org homepage. After the conversion, most WSBT members’ Account Numbers will remain the same. If your Account Number changes, LLCU staff will reach out.

Following the accounts system conversion, you may be asked to contact any entity that currently utilizes your account information for ACH payments or deposits to provide your updated LLCU routing number (271183015), as well as any change that may occur to your account number. We will provide you with more information as we near the account conversion date.

After Accounts System Conversion weekend, if you have BillPay set up through WSBT Online Banking, you will need to re-enter transactions and Payee Info within LLCU Online Banking once enrolled. For assistance, call 217-698-9728 or visit www.llcu.org. For directions on how to print BillPay Payee Info, view the CONVERSION INFO PACKET.

As of Friday, September 25th at 2:00p.m., WSBT Phone Banking will no longer be available. Beginning on Mon., Sept. 28th at 8:00a.m., WSBT members will be able to re-enroll using LLCU’s Lincoln Line TeleBanking by calling 1-800-500-9401 and entering the LAST FOUR DIGITS of your SSN for your PIN. You will be able to reset your PIN after you have this setup.

Land of Lincoln Credit Union’s routing number is 271183015. If you ever need to find it again quickly, it is listed at the top of our website at www.llcu.org.

Yes, you will continue to be able to use your current checks following the closing of the acquisition. You will be provided with new checks with the Land of Lincoln Credit Union name, routing number, and your account number prior to or following account conversion. More details will be included in future correspondence.

If you previously had an active WSBT debit or ATM card, you will be automatically reissued a new LLCU Contactless Debit Card. These cards will be mailed to you and should arrive in a non-descript, blank white envelope (for security). Once you receive your debit card, hold onto it until you can activate it and begin using it on Monday, September 28th at 8:00a.m. To activate your new LLCU debit card, simply call the phone number listed on the card and follow prompts. You should continue to use your WSBT debit card throughout the Accounts System Conversion weekend until you are able to activate your new LLCU debit card on Monday morning (Sept. 28th at 8:00a.m.).

During the Accounts System Conversion weekend, there will be daily limits in place for cash withdrawals and purchases with your debit cards as follows:
• Cash Withdrawal Limit of $105
• Purchase Limit of $305

All transactions made during the conversion dates, including pre-scheduled payments and transfers, will be processed and posted to your account during regular business hours on Monday, September 28th.

On Mon., Sept. 28th at 8:00a.m., if you received a new LLCU debit/ATM card, you will be able to activate and begin using your new card. To activate, call the number on the card and PRESS 2 to set your new PIN. NOTE: Your previous PIN will not work (do not Press 1). Once you Press 2 to set a new PIN – you will be able to re-use your previous PIN number if you choose.

If you previously had an active WSBT debit or ATM card, you will be automatically reissued a new LLCU Contactless Debit Card. These cards will be mailed to you and should arrive in a non-descript, blank white envelope (for security). Once you receive your debit card, hold onto it until you can activate it and begin using it on Monday, September 28th at 8:00a.m. To activate your new LLCU debit card, simply call the phone number listed on the card and follow prompts. You should continue to use your WSBT debit card throughout the Accounts System Conversion weekend until you are able to activate your new LLCU debit card on Monday morning (Sept. 28th at 8:00a.m.).

During the Accounts System Conversion weekend, there will be daily limits in place for cash withdrawals and purchases with your debit cards as follows:
• Cash Withdrawal Limit of $105
• Purchase Limit of $305

All transactions made during the conversion dates, including pre-scheduled payments and transfers, will be processed and posted to your account during regular business hours on Monday, September 28th.

On Mon., Sept. 28th at 8:00a.m., if you received a new LLCU debit/ATM card, you will be able to activate and begin using your new card. To activate, call the number on the card and PRESS 2 to set your new PIN. NOTE: Your previous PIN will not work (do not Press 1). Once you Press 2 to set a new PIN – you will be able to re-use your previous PIN number if you choose.

Your new LLCU Debit Card will be a contactless credit card.

A contactless card is a debit card that allows you to make a payment simply by tapping or hovering the card near a payment terminal instead of swiping or inserting the card. The benefit of a contactless card is a faster transaction, no need for signing or entering a PIN, and increased security. Each tap creates a unique, one-time security code that keeps your account number safe from hackers. Your new card will look like this:

If you do not receive your new LLCU contactless debit card by Sept. 28th at 8:00a.m., please visit your nearest LLCU branch to have an Instant Issue debit card created for you onsite.

No, not at this time. You should continue to make your loan payments the same way you are currently making loan payments. After the account system conversion, scheduled for the weekend of September 25^th, 2026, you will also be able to begin to make loan payments through LLCU. To learn all of the available payment methods at LLCU - click HERE.

Yes. Any previously designated beneficiaries will follow the account when integrated with LLCU's accounts system.

Once the accounts system conversion is complete, scheduled to take place the weekend of September 25^th, 2026, you will be able to use any LLCU branch and/or ATM, which will include the three former WSBT branches. You will also be able to use more than 40,000 fee-free ATMs that are a part of the MoneyPass® Network. Until the account system conversion is complete, you should continue to use ATMs at the current WSBT branches.

For a full list of LLCU branches and ATM or VTM locations, and branch hours, visit www.llcu.org.

As of Monday, Sept. 28th at 8:00a.m., WSBT members can enroll in LLCU Online/Mobile Banking. If you were previously enrolled in WSBT Online and Mobile Banking, you will simply “re-enroll”.

To re-enroll in LLCU Online Banking if you WERE previously enrolled in WSBT Online Banking, please follow these instructions:

1. Before you begin enrollment, you will need to confirm that we have your current mailing address, phone, and email address on file.
2. Visit www.llcu.org on your desktop computer.
3. On the LLCU homepage, scroll to “LLCU Online Banking” and click the “LOGIN” button.
4. On the next screen, enter the same User ID you previously used to login to WSBT Online Banking.
5. For the Password, use the LAST SIX DIGITS of YOUR SOCIAL SECURITY NUMBER.
6. Click “Log In” and follow the prompts to reset your password. *Make note of your user ID and password as these will be the same for Mobile Banking.
7. Follow the prompts to set up your security questions and accept various disclosures.

To enroll in LLCU Online Banking if you were NOT previously enrolled in WSBT Online Banking, please follow these instructions:

1. Before you begin enrollment, you will need to know your LLCU Member Number. If you do not yet know that number, please call 217-698-9728.
2. Then, visit www.llcu.org on your computer.
3. On the LLCU homepage, scroll to “LLCU Online Banking” and click “ENROLL”.
4. Complete the prompts to finish the set-up of your account. (Personal information entered should be Primary Account Holder’s information).

Once enrolled in LLCU Online Banking, download the LLCU Mobile Banking App and use the same login credentials. Simply search “LLCU” in your mobile app store and download. The LLCU mobile app will look like this:

Any scheduled transfers created in WSBT Online Banking with an effective date of ON OR AFTER 9/24/2026 will not occur.
Beginning on Monday, 9/28/2026 at 8:00a.m., you will need to re-enroll in LLCU Online Banking and once enrolled, you will need to reschedule your transfers.

Account history & statements for WSBT accounts dating BEFORE the Accounts System Conversion weekend  before 9/25/26) WILL NOT transfer to LLCU Online Banking.

If you would like a copy of any account history or statements dating prior to 9/25/26, you can either login now to WSBT online banking to download, or stop by  the Springfield, Williamsville, or Sherman branches to request printouts.

To print statements in WSBT Online Banking:

1. Go to “Accounts” and click “Statements”.
2. Select the account you desire a statement for using the down arrow.
3. Choose the account & choose statement date.
4. A pop-up box will appear (that looks blank).
5. On top right corner, choose “SAVE: or “PRINT” and the statement will appear.

Click the IMAGE below to access our WSBT New Member Guide to find more detailed information about this transition.  

Additionally, call your current branch or stop in now to be sure that we have your correct contact information on file at WSBT. This will ensure that you receive all mailed and emailed communications. 

Williamsville State Bank & Trust:  217-698-9728