The Fairbury-Cropsey Community Bank – Formerly the Citizens Bank of Cropsey, this long standing area financial institution was purchased by the Morton Community Bank in December of 2010 and became part of their network of small and medium town banking facilities that have been able to keep their local identity while gaining the backing of a well established and successful banking business. Morton Community Bank, and it’s governing body, Hometown Bancorp, Inc., have been working and expanding since 1960 and their strategies and strength enabled them to continue to grow despite the economic challenges of the “great recession” which battered the banking industry.
Gordon Honegger, a native of Forrest, IL., is the Co-Chairman of HCB and has been part of their organization for the past 37 years. He notes that they have expanded products and services, such as Mobile Banking, eStatements, ‘Popmoney’, Mobile Deposit, I – T Systems’ Upgrades, and more ATM locations. They have over 30 facilities across north central Illinois, and more than 450 employees that have a tremendous amount of experience with banking and financial systems. Mr. Honegger noted that the proof of their success lies in their financial results – recent reports show their growth in assets at 5% while their growth in profits has increased by 16% with a notable growth in employee ownership as well. They have a very sound financial structure and, they are, in part, an ESOP Banking organization which gives their employees an opportunity to be part of the ownership and having a vested interest in the organizations success.
The Fairbury-Cropsey Community Bank is located at 804 West Oak Street (Route 24) in Fairbury with a nice drive through facility. They are a full service banking organization with the expanded strength of the Hometown Community Bancorp Group giving them additional security and services. This group has been able to sustain strong profits while working off of some of the lowest margins in the industry. It is a big network but it’s still your local facility with a hometown atmosphere that offers a comfortable working order that fits both big and small.
If you would like to take a look at how the Fairbury-Cropsey Community Bank can improve your banking experience you can give them a call at 815-692-4000 or, stop in at their Fairbury facility and let them answer your questions. It could very well be an endeavor that pays off in longstanding dividends by putting your financial functions in a good and comfortable working order backed by a very strong history of banking strength and security. So, scratch that mental itch and go see, it never hurts to ask.