New banking facility opens in St. Joseph

ST. JOSEPH - St. Joseph Community Bank is now open at its new location at 802 E. Warren Street. On February 8, the new location will host its "Home Opener" open house to showcase the full-service facility from 4pm - 6pm. Illini head baseball coach Dan Hartleb and several players will be at the event to greet guests and sign autographs.

The lobby is now open Monday-Friday 8am - 5pm and on Saturday by appointment. The drive-up hours are Monday-Friday 7am - 6pm and Saturday 8am - 12pm.

In addition to traditional teller operations, the new facility will have safe deposit boxes, drive-up lanes, an ATM and night depository, and a coin machine available to the public.

The loan department will be led by Executive Vice-President and Senior Lender Les Hoveln and Jason Snyder, Vice-President of Lending.

For more information about the bank's services and upcoming "Home Opener", call (217) 469-2100.

Philo Exchange Bank to open new bank in St. Joseph

PHILO -- The Philo Exchange Bank announced this morning its plan to open a new bank facility in St. Joseph. The new location at 109 N. Main Street is tentatively scheduled to open on December 1, 2021.

The bank will be located across the street from the Busey Bank branch office which will cease operations almost two weeks earlier on November 19.

In addition to bank teller operations, the branch will also have an in-house loan department overseen by Royal native Les Hoveln. Formerly with Gifford State Bank for the past 16 years, he will serve as Executive Vice President and Senior Lender. Hoveln, who transitioned to the new position on August 3, has more than 35 years of financial lending expertise.

According to today's press release, the Main Street location "will serve as a temporary facility for the bank as it establishes a permanent location in the next 12 to 24 months."

"We are excited for this opportunity to expand our bank footprint to the St. Joseph area," Hoveln said. "We look forward to providing the community with a banking partner that can assist in all banking needs while providing friendly customer service that has served six generations of customers."

Opening its doors back in 1883, Philo Exchange Bank has grown to operate three existing locations in Philo, Allerton, and Broadlands.

Philo Exchange Bank to host community shred day in May

The Philo Exchange Bank will host a Community Shred Day in Philo on May 1 at 401 N Lincoln.

The staff will accept up to five boxes or bags of material per person to be shredded during the hours from 9 to 11am.

Depositors are ask to bring non-perishable food or canned goods to donate to their food drive. Free snacks will be available.

Visitors can also spin the Philo Exchange Bank wheel to win prizes during the two hour event. The grand prize is a programable multi-cooker. Other prizes include gift cards, uChoose Rewards Points, wireless bluetooth earpods, Philo Exchange Bank swag, and other items.

For more information call (217) 684-5500.