About

About First State Bank

Welcome to First State Bank! We are an independent bank, locally 100% employee owned and locally managed. Chartered in 1945, we are proud to have a strong tradition of community-focused service.

Our History

In 1984, we formed our own one-bank, holding company, First State Bancorp of Monticello, Inc. Over time, we acquired two additional banks in Piatt County and two banks in McLean County.


Our Present

Today, First State Bank has full service offices in Monticello, Champaign, Tuscola, Atwood, and Hammond. Our sister bank, First State Bank of Bloomington, serves its customers from its main office in Bloomington and its branch office in Heyworth.


Our Future

Our strategic plan is to remain locally owned and independent. We believe that our structure enables us to provide the best possible service to our customers. Our philosophy is summarized in our Mission Statement below.

Personal service is our major goal. The customer always comes first. We want our customers to know us as a friend and to respect us for excellence in our service. We want our service to be accurate and timely. We want to be known for creativity and innovativeness. We want our customers to be proud to refer to us as “my bank.”

John W. Corley Chairman, First State Bank