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Farmers State Bank strengthens its mortgage division with key hire


September 18, 2017 (Harrisburg, Ill.) – Farmers State Bank is reinforcing its position as number one in mortgage banking in southern Illinois with the appointment of John Streuter who joined the organization on August 28th, 2017.

John Streuter assumes the role of Executive Vice President and Chief Mortgage Officer. In this position, Streuter will manage a team of loan officers, mortgage originators, and loan processors that specialize in working with individuals to purchase or refinance homes. Streuter has more than 32 years of experience as a mortgage banking producer and manager. He attended SIU Carbondale, ILSI School of Banking, and has completed multiple seminars on consumer lending, real estate lending, appraisals and underwriting.

"I’m beyond excited to have John Streuter join our family as the leader of our mortgage department," said Tom Franks, chairman of the board. "John brings years of leadership, experience, and true professionalism. I’m convinced he’s the top mortgage guy in the tri-state area."

The Farmers State Bank Mortgage is a team of specialists who possess experienced backgrounds in banking and have aquired various skill sets to assist and meet the needs of each customer. With over a combined 120 years in the industry, they have the ability to provide southern Illinois with the lending services it deserves. Farmers is now a one-stop-shop for mortgage services and offers a wide range of products including: first time home buyer loans and grants, conventional loans, FHA loans, VA loans, and USDA loans. The team is committed to providing a smooth, stress free home loan process to every customer. Whether one is ready to make a new purchase or to refinance a home, they can expect excellent service and great attention to detail from Farmers State Bank Mortgage.

"I’m excited about the opportunity to serve my customers in a new role. We have the full line of mortgage products with the atmosphere of a true community bank," states Streuter. "I always push to provide exceptional service to my customers, I’m proud to be part of an organization whose mantra is, No One Serves You Better."

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Farmers State Bank looks forward to the future with appointment of Steven W. Cook as new Bank President

September 6, 2017 (Harrisburg, IL.) – Farmers State Bank is honored to announce the appointment of Steven W. Cook as the new President of the bank, effective August 15, 2017. Cook takes the helm as President of the bank with the appointment of Charles M. Holland as the new CEO.  Cook currently serves the company as Community Bank President in Marion, IL and has served in that capacity for the last twelve years. With strong and seasoned leadership in place, Farmers State Bank is positioned to exponentially build on its current growth and success.

I’m excited to have Steve’s leadership at the reins of Farmers State Bank,” said Tom Franks, Chairman of the Board. “He brings years of integrity and community banking experience. I personally think Steve Cook is the best community banker in America.”

Cook earned a bachelor’s degree in business from Southern Illinois University in Carbondale, and he later completed the Graduate School of Banking at Louisiana State University in 2000.  He began his career as a bank examiner with the State of Illinois Commissioner of Banks and Trust Companies. Later, Cook was a successful producer in the securities industry where he held his investment license and full line insurance producer licenses. In 1995 Steven accepted a position with Citizens Bank, now Fifth Third Bank, in Harrisburg, IL, as a commercial lender. He held various roles in multiple markets within the organization including Senior Lender, Regional Manager, and City Executive over the 10 years with the company and was recognized as a leading producer for the company. Cook joined Farmers State Bank as Community Bank President in 2005 and has played a major role in the company’s growth over his tenure here at Farmers. With over 28 years of industry experience and in-depth knowledge, Steven is a team oriented leader with the skills, experience, and commitment to take on the responsibilities of President.

Mr. Cook is actively involved in the community and is serving his second term as a member of the Marion Unit 2 Board of Education.  Cook serves on the Marion Chamber of Commerce board of directors and is also a board member of the Southern Illinois Community Foundation. He is also a member of the Marion City Revolving Loan Fund Committee.  In addition, Cook serves on the board of directors for Farmers State Bank. He is member of Aldersgate United Methodist Church in Marion. Mr. Cook resides in Marion, IL with his wife, Moya, and four sons, Jeremy, Nathan, Jordan, and Matthew.

 It’s been an honor for me to work these past 12 years with an organization that values its employees, the communities, and the customers we serve,” said Steven Cook. “Farmers defines what it means to be a community bank in every sense and I am humbled and honored to help lead this organization to the next level in my new capacity. I look forward with excitement to what this group will accomplish in the years ahead.”

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Charles M. Holland appointed new CEO of Farmers State Bank

August 29, 2017 (Harrisburg, Ill.) – Farmers State Bank is proud to announce the appointment of Charles M. Holland as their new Chief Executive Officer. Holland, who currently serves as Farmers State Bank’s President will succeed Greg Taake, current CEO effective August 15th, 2017.

Charles, 38, earned a bachelor’s degree in accounting from Southern Illinois University in Carbondale. He joined Farmers State Bank in 2002 and has since held various positions within the organization. Holland has a record of strong leadership both inside and outside of the banking world. This, combined with his deep industry knowledge and institutional tenure, makes Charles uniquely qualified to lead Farmers State Bank successfully into the future.

"I have complete confidence in our new CEO, Charles Holland," said Tom Franks, Chairman of the Board. "There is no doubt he has the vision and leadership to take us from a good to great bank. I’m extremely excited for the future of Farmers State Bank with him in control and look forward to providing a higher level of excellence in service for all communities in Southern Illinois."

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Our Promise

At Farmers State Bank, the core of our story is a simple truth: No One Serves You Better!

We can honestly promise this because we work harder and care more. We’re going to do whatever it takes to make you happy. But it’s not difficult. We simply treat you the way we would want to be treated.

At Farmers State Bank, we remain true to this core value of service because it’s the same on which we were raised. Only, who knew it would also turn out to be a great foundation on which to build a bank.

You see, Farmers State Bank is independently owned. So we have the freedom to be as friendly and likable as we please. We take our cues from you. And you rely on us to serve you with everything we’ve got, today and for life. We know that kind of lifelong loyalty is only deserved when we provide you with consistently better service than you can find anywhere else.

Tom Franks, Chairman

Farmers State Bank
No one serves you better!



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Thomas (Tom) W. Franks of Harrisburg, Ill. purchased Farmers State Bank in 1994 with $3,000,000 in assets and has grown the bank to over $200,000,000 in total assets with four banking locations currently operating.