Just named among the top extraordinary banks in the United States by The Institute for Extraordinary Banking™. Flanagan State Bank was recognized with the Institute’s Banky™Award for its commitment to strong community banking.
FLANAGAN, IL, May 18, 2022 /24-7PressRelease/ — Flanagan State bank, a local Flanagan icon, was just named among the top extraordinary banks in the United States by The Institute for Extraordinary Banking™.
Flanagan State Bank was recognized with the Institute’s Banky™ Award for its commitment to strong community banking. This recognition is given to top community banks across the country to help people find the best banks in their communities.
“We are One family, helping another. This embodies our culture and defines why we do what we do. It defines the way we treat one another, the family of communities we serve, and the family of people we do business with. We are passionate about our customers and our legacy as a locally owned community bank that focuses on win-win relationships. Some of our distinctions include serving central Illinois in areas with a more rural composition, which allows us to support agriculture and the farmers who feed America, as well as our expansion to offer mortgage loans in diverse locations throughout the United States.” – Audrey Harlan President and CEO.
The Extraordinary Banking™ Awards highlight the vital yet often overlooked role that local community banks play in our nation’s economy. Without a vibrant local banking industry, our small businesses and families often lack the have-your-back support of a true community bank that makes communities really thrive.
The Extraordinary Banking™ Awards recognize the best of what community banks offer to our cities, towns, and nation: a true commitment to the success of the small businesses and local community they serve.
Roxanne Emmerich, Chair and Founder of The Institute for Extraordinary Banking™, proclaimed during the awards ceremony: “Community banks are the backbone of America. They are what keeps a community thriving. When a community bank leaves a community, small businesses often struggle to stay, and jobs leave. Every robust community has a strong community bank that understands how to help that community thrive and grow.”
To schedule an interview or get more information, call Audrey at 815-796-2264 during business hours.
Flanagan State Bank was founded in 1913 and has been family-owned since Hank Schwerin became involved in the 1930’s. Hank, his son Paul, and their descendants have had stewardship over the bank ever since. The current generation of Hank’s family, mostly his grandchildren, continue to hear customers’ stories of how Hank and Paul helped people out at crucial times in their lives.
In the 1950’s, a young boy who had lost his dog in an accident walked into Flanagan State Bank and asked for a $25 loan for a new puppy. While some might have called the boy’s father to handle the situation, Bank President Hank Schwerin didn’t. Instead, he called in his secretary to draw up the proper papers, which the boy solemnly signed. The boy paid the note himself, a little at a time.
When you do business with us, you become a part of our family. You can count on us during the best and worst of times. We have been in business for more than 100 years and have continued to grow as we transform banking customers into family members. Together, we are “One Family, Helping Another”.
Welcome to our family.
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