Looking back on 2012
Editor’s note: This is the sixth in a series focusing on the events in and around Bureau County in 2012.
Nov. 1: Princeton City Council members meet for nearly two hours with department heads to discuss possible projects for the new fiscal year. Upgrades at Darius Miller Park and city hall, a new ambulance and dump truck, and continuing street projects are among the considerations. Reviewing the city’s existing debt service, City Manager Jeff Clawson says he wants to make the new year a no-new-debt year since Princeton is in the middle of some large projects and is still paying on some completed projects.
Nov. 3: Citizens First National Bank is closed late Friday afternoon by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. According to the FDIC, in order to protect the depositors of Citizens, the FDIC entered into a purchase and assumption agreement with Heartland Bank and Trust Co. of Bloomington to assume all the deposits of Citizens First National Bank. The 21 branches of Citizens First National Bank will reopen Saturday as branches of Heartland Bank and Trust Co.
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