Casey State Bank is a beacon of financial stability and community support in the heart of Marshall, Illinois. Established in 1920, the bank has weathered economic storms and played a pivotal role in the town’s growth and prosperity.
A History of Service and Commitment
Casey State Bank traces its roots back to the days of the Roaring Twenties, when a group of local business leaders recognized the need for a strong financial institution to support the growing Clark County community. With a capitalization of $100,000, the bank opened its doors in the former Marshall Drug Store building.
Over the decades, Casey State Bank expanded its services and operations to meet the evolving needs of its customers. In 1967, the bank moved to its current location at the corner of Archer Avenue and Court Street. The two-story brick building, designed in a classic mid-century modern style, became an iconic landmark in Marshall.
Financial Strength and Stability
Casey State Bank is a testament to the power of local banking. As an independent community bank, it is rooted in the values of personal service, financial prudence, and a commitment to the well-being of its customers and the community it serves.
According to the Federal Deposit Insurance Corporation (FDIC), Casey State Bank consistently maintains a strong financial position. In 2021, the bank reported a Tier 1 risk-based capital ratio of 13.39%, well above the industry average of 9.5%. This strong capital position provides a solid foundation for the bank to weather economic downturns and continue serving the community.
A Wide Range of Financial Services
Casey State Bank offers a comprehensive suite of financial services to meet the needs of individuals, families, and businesses. These services include:
- Checking and savings accounts
- Certificates of deposit (CDs)
- Mortgage loans
- Business loans
- Commercial lending
- Wealth management services
By providing a diverse range of products and services, Casey State Bank acts as a one-stop financial partner for its customers, helping them achieve their financial goals and support their businesses.
Community Involvement and Support
Beyond its financial services, Casey State Bank is deeply involved in the Marshall community. The bank supports a variety of local organizations, including the Marshall Chamber of Commerce, the Red Cross, and the United Way. The bank also sponsors youth sports teams and community events.
A Commitment to Innovation
While Casey State Bank values its rich history and traditional values, it also recognizes the importance of innovation in the financial industry. The bank has adopted cutting-edge technologies to provide its customers with convenient and secure banking services.
- Online banking: Customers can manage their accounts, view balances, and make transactions securely online.
- Mobile banking: The Casey State Bank mobile app allows customers to bank on the go from their smartphones and tablets.
- Automated teller machines (ATMs): The bank operates a network of ATMs throughout the Marshall area, providing 24/7 access to cash and other banking services.
Customer Service with a Personal Touch
At Casey State Bank, customer service remains at the forefront. The bank’s friendly and knowledgeable staff is dedicated to building lasting relationships with its customers. They take the time to understand individual needs and provide tailored solutions to help customers reach their financial goals.
Conclusion
Casey State Bank is more than just a financial institution; it is an integral part of the fabric of Marshall, Illinois. For over a century, the bank has provided a safe and secure haven for local residents and businesses. With its strong financial position, wide range of services, and unwavering commitment to the community, Casey State Bank will continue to be a beacon of financial stability and support for generations to come.