Central Bancshares in Muscatine, Iowa, will change the name of some of its banks to CBI Bank & Trust.
The $793 million-asset company said the CBI Bank & Trust name will be adopted by Central State Bank, Freedom Security Bank, West Chester Savings Bank and Buffalo Prairie State Bank. All of those banks are owned by the Central Bancshares holding company.
F&M Bank in Galesburg, Ill., which is also owned by Central Bancshares, will not change its name.
Central Bancshares also developed a new logo to accompany CBI Bank & Trust.
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Corrected July 23, 2015 at 5:21PM: An earlier version of this story said Central Bancshares would change the name of its largest bank to CBI Bank & Trust. Central is changing the name of Central State Bank and some other banks it owns to CBI Bank & Trust.