Central
Illinois Bank’s (CIB) parent company, Central Illinois Bank
Marine Bancshares Inc., began in 1987 primarily as a commercial
bank offering business loans to finance start-up costs, working
capital, and reinvestments in facilities and equipment. It now
offers credit cards, cash management services and automated
clearinghouse capabilities. In recent years, CIB has expanded to
include all of the retail customer services. There are
approximately 40 CIB banking facilities throughout the Midwest.
[CIB's employees and the
Lincoln/Logan County Chamber of Commerce ambassadors at Monday's
ribbon-cutting ceremony]
Julie
Dreesen, president and chief operating officer of CIB, said,
"I’m very excited. We’ve got a great group of people from
the community working here. We picked the people first and then
the facility site. We are going to be a good fit in Lincoln."
The
Lincoln branch will have a staff of four and will receive direct
support as needed from its Peoria and Springfield locations. Four
full-time employees from Lincoln will run the branch office: Wally
Reese, senior vice president, business development; F. Kay Bauer,
office manager; Cindy Anderson, teller supervisor and customer
service representative; and Ginger Bryant, teller.
[Wally H. Reese, senior vice
president, business development, settles into his new CIB office.]
Reese,
an experienced banker, came out of a year and a half of retirement
to accept the helm of the new venture. According to Reese, he was
offered "a significant challenge." He had opened many
branches before but had never opened a bank. He said, "The
circumstances were right for me to spend another period of my life
in banking. I don’t know how long it will be, but as long as it’s
fun, I’ll probably wake up every morning and do it."
(To top of second
column)
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CIB’s
philosophy is to put the customer first, which Reese said is needed in
today’s banking environment. He sees CIB’s Lincoln branch as a
deposit-generating facility, with deposits used throughout Central
Illinois. Renna Hadsell, customer service operations manager from
Peoria, said, "It’s been very interesting to see a bank grow so
quickly. I’m excited about having a new office in a new area."
[CIB, the new bank in town]
Lincoln
has many fine banks already, Reese added, as a former Magna Bank
officer. "We hope to generate new business," he said.
"Although we are small in our attitudes toward how we care for
people, we are large enough to handle any lending need. We have
sufficient lending limits for any size project. We have 750 million
dollars in assets and corporate holdings of two billion dollars."
"We
are unique in that we are a small bank with the capital and strength
of a large bank," Reese concluded.
[Kym
C. Ammons-Scott]
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[MAY
22, 2000] May
22 through June 4, which includes the Memorial Day weekend, is the
first enforcement period for the "click it or ticket"
campaign to enforce the state of Illinois mandatory seat belt law.
According to Trooper Dan Beck of Illinois State Police District 9, 305
state, county and municipal law enforcement agencies are taking part
in the campaign.
Any person stopped for any
traffic offense who is not wearing a seat belt will receive the $55
fine for non-compliance with the seat belt law, as well as the fine
for the original traffic violation. Trooper Beck said the campaign is
an effort to increase seat belt use, which is only 65.9 percent in
Illinois.
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