Banterra Bank, the region’s largest locally-owned bank with locations in six states, has announced that Southern Illinois-native and KPMG-St. Louis Tax Managing Director Gary Dillard will join Banterra’s Executive Management team as Executive Vice President, Chief Financial Officer. Banterra’s current Chief Financial Officer, Barbara (“Barbie”) McKenzie, who has been employed at Banterra for nearly 40 years, will now serve as Executive Vice President, Chief Financial Officer – Transition Executive. “Bringing Gary Dillard on board is a key step for Banterra’s continued growth plan,” said Jeff May, President and CEO of Banterra. [Read more...]
BANTERRA ADDS CHIEF BANKING OFFICER TO EXECUTIVE MANAGEMENT: SOUTHERN ILLINOIS RESIDENT KRISTINA SCOTT TO FILL THE ROLE
Banterra Bank, the region's largest locally-owned bank with locations in six states, has added a Chief Banking Officer position to its Executive Management team. l<ristina Scott, a banking and FDIC veteran of Southern Illinois, will serve in this new position beginning Monday, Nov. 15 1 .
"Banterra is experiencing tremendous growth,with $2.5 billion in assets which is an increase of more than $1 billion in less than ten years," said Jeff May,President and CEO of Banterra. "As part of our strategic plan,we are also expanding our regional locations, with growth in the Western United States. It was important to add the Chief Banking Officer position to support our regions' leadership and the overall strategies for the bank. Kristina has the right experience for what we want in this position and will serve well in this role." [Read more...]
FDIC Announces Intention to Bar Peoples Bank Leader From Banking Industry
The FDIC (Federal Deposit Insurance Corporation) determined in May this year that Frank William Bonan II, as Chairman of the board at Grand Rivers Community Bank, Grand Chain, Ill., recklessly participated or engaged in unsafe or unsound practices in connection to the bank and breached fiduciary duties owed the bank, stating it was part of a pattern of misconduct and caused the bank to suffer financial loss or other damage, according to a regulatory report. [Read more...]
EMMALEE PRUITT JOINS BANTERRA BANK AS BANKING CENTER MANAGER AT CARMI LOCATION
Marion, IL- Banterra Bank is excited to announce Emmalee Pruitt has joined the Banterra team as Banking Center Manager of the Carmi branch location. Pruitt brings three years of banking experience in Southern Illinois to the Banterra team and is no stranger to community involvement for the region. [Read more...]
First Bank Closes Lobbies; Drive Thrus Open
March 18, 2020- In accordance to the directive President Trump has given U.S. companies to limit the spread of coronavirus, First Bank is doing their part to prevent the spread through social distancing by closing their lobbies for the next through at least March 31, 2020. [Read more...]
New Bank in Carmi to Hold Ribbon Cutting Jan. 23
The new First National Bank of Allendale is at 1500 W. Main, St. Carmi. Photo by Kathy Sands
The Carmi Chamber of Commerce will hold a ribbon cutting for First National Bank of Allendale (Carmi location), located at 1500 W. Main Street in Carmi, at 10 a.m. on Thursday, January 23, 2020. The public is invited to attend the ribbon cutting.
Carmi Kiwanis Club Learns About First National Bank of Allendale
Left to right: Dean Ackerman, Kira Sexton, and Chris Myers from First National Bank of Allendale.
The Carmi Kiwanis Club heard from Dean Ackerman at their weekly meeting about The First National Bank of Allendale.
