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D. Matthew Businaro Appointed New CFO of Farmers State Bank  |  June 6, 2018

June 6, 2018 (Harrisburg, Ill.) – Farmers State Bank is proud to announce the appointment of David Matthew Businaro, CPA, as their new Chief Financial Officer effective May 1, 2018. As CFO, his responsibilities will include the management of financial reporting, budgeting, internal audit, corporate governance, accounts payable, capital planning and investments.    

Businaro graduated from Southern Illinois University in Carbondale, IL with a degree in accounting. He joined Farmers State Bank most recently from Kemper CPA Group where he was employed since 2000 and admitted partner in 2007. His main responsibilities were centered on income tax compliance and consulting and auditing financial statements of small governments, nonprofit organizations, and small businesses.

“Matthew brings significant experience in accounting operations and strategic planning to Farmers State Bank, and we are thrilled to have him on our team,” said Charles Holland, CEO of Farmers State Bank. “His expertise will be extremely beneficial in managing our finances, increasing our lending capacity, and continuing our trajectory of success. Our mission is to provide strong community banking for our southern Illinois communities and we are confident Businaro will be an invaluable asset in fulfilling this mission.”

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Farmers State Bank Strengthens Mortgage Division  |  September 18, 2017

 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."

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FSB Appointments New Bank President  |  September 6, 2017

September 6, 2017 (Harrisburg, Ill.) – 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.

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Charles M. Holland Appointed New CEO  |  August 29, 2017

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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