About Blackhawk Bank
Blackhawk Bank is a Financial Services company based in Rockford (United States) founded in 1881, and was acquired by First Mid in March 2023. Commercial bank. The company has 248 employees. Blackhawk Bank has completed 1 acquisition, including First Mid Bank & Trust. Its focus areas include Banks and Commercial Banks. Its competitors include Truist, Equity Bank and Citi; 1 of its 3 listed competitors has raised funding.
Company details
Blackhawk Bank was established in 1881 as a commercial bank based in Rockford, United States. Operations are centered on serving businesses and individuals through deposit accounts, loans, and treasury management services. The institution functions within the financial sector, emphasizing community banking in northern Illinois while adhering to federal regulations. Geographic focus remains on the local region, with digital access via blackhawkbank.com.
- Headquarters Rockford, United States
- Employees 248
- Stage Acquired
- SectorsFinancial Services
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website blackhawkbank.com
- Social LinkedIn X Facebook
- Acquired by First Mid (Mar 2023)
- Legal Name Blackhawk Bank
- Latest Funding Round$23M (USD), Post-IPO
Apr 2017
- Investors
- Employee Count248
- Investments & Acquisitions
- Acquired byFirst Mid
(Mar 2023)
Funding Insights of Blackhawk Bank
- Total Rounds 1
- Last Round Post-IPO β $23M
- First Round $23M
(Apr 2017)
All 1 funding rounds of Blackhawk Bank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2017 | $23M | Post-IPO | β | β | β |
1 investors in total: 1 institutional.
Investors in Blackhawk Bank
Blackhawk Bank has secured backing from 1 investor. Prominent investors backing the company include First Mid.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial banking services are provided to businesses and individuals. | 1865 | firstmid.com | Mattoon, United States |
Investor details for Blackhawk Bank
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- Complete investor list
- Round participation
- Investor portfolios
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Investments & Acquisitions by Blackhawk Bank
Blackhawk Bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include First Mid Bank & Trust.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Commercial banking services are offered in McHenry, United States. | firstmchenry.com | Mchenry, United States | 1969 | Oct 2018 | $23M |
Complete acquisition details for Blackhawk Bank
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of Blackhawk Bank
5 dated milestones of Blackhawk Bank across 142 years, from founding to its latest funding, stage changes and deals.
- Founded Blackhawk Bank is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $23.0M.
- Acquisition Acquires First Mid Bank & Trust.
- Exit Acquired by First Mid.
Competitors of Blackhawk Bank
Blackhawk Bank has 3 listed competitors in our database, 1 of them funded. They include Truist, Equity Bank and Citi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| truist.com | 1872 | Charlotte, United States | 55,480 | Wealth advisory and banking services are offered to clients. | ||
| equitybank.com | 2002 | Wichita, United States | $89.7M | Commercial banking services are provided to businesses and individuals. | ||
| citigroup.com | 1812 | New York, United States | 500 | Diversified financial services are offered through commercial banking operations. |
Detailed competitors of Blackhawk Bank
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- Full competitor set
- Operating metrics
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Web traffic of Blackhawk Bank
Websites that share an audience with Blackhawk Bank (blackhawkbank.com).
Websites whose visitors overlap most with Blackhawk Bank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| associatedbank.com | 100% | 1.9M | #24,318 | View details | |
| bremer.com | 99% | 2.6K | #6,235,392 | View details | |
| bankalpine.com | 91% | View details | |||
choosethechief.com | choosethechief.com | 87% | #807,567 | β | |
| home-savings.com | 83% | View details | |||
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 13 similar websites and full traffic analytics for Blackhawk Bank
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- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Blackhawk Bank
Complete news archive for Blackhawk Bank
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Frequently Asked Questions about Blackhawk Bank
Blackhawk Bank was founded in 1881 and raised its 1st funding round 136 years after it was founded.
Blackhawk Bank is headquartered in Rockford, United States. It is registered at Rockford, Illinois, United States.
Blackhawk Bank has 248 employees.
Blackhawk Bank was established in 1881 as a commercial bank based in Rockford, United States. Operations are centered on serving businesses and individuals through deposit accounts, loans, and treasury management services. The institution functions within the financial sector, emphasizing community banking in northern Illinois while adhering to federal regulations. Geographic focus remains on the local region, with digital access via blackhawkbank.com.
Blackhawk Bank's top competitors include Truist, Citi and Equity Bank.
Blackhawk Bank has made 1 acquisition, including First Mid Bank & Trust.
Blackhawk Bank has 1 investor. Key investors include First Mid.
Blackhawk Bank operates through Blackhawk Bank.
Yes. Blackhawk Bank was acquired by First Mid in March 2023.

