First Bankers Trust Company, N.A. (First Bankers), West-Central Illinois’ leading community bank, is pleased to announce the addition of a new loan production office (LPO) in St. Charles, Missouri.
The St. Charles, Missouri office serves as First Bankers’ twelfth location, which also includes nine physical bank branches, an operations center and another LPO, which are all located in Illinois. While First Bankers serves a majority of the Midwest region, this will be the first location in Missouri. The growth of adding another new LPO will provide expert lending for business operating and real estate loans.
President and CEO of First Bankers, Allen Shafer, says “We are extremely proud to be expanding our business into the St. Charles market. We are mindful to the current economic climate and feel this is a significant step in our company’s growth that reinforces our strength, stability and commitment to our customers and our shareholders.”
“This new expansion into St. Charles gives us our second office presence in the greater St. Louis area, which has welcomed us with open arms. We are thrilled to continue to grow in this market and provide quality banking services to these customers,” says Dave Rakers, West Region President.
Dominic Seipp, O’Fallon, Illinois Market President at First Bankers leads the St. Charles office and team. He states, “I am pleased to announce that Clay Shackelford will serve as our St. Charles, Missouri Market President. He has a wealth of experience and prior success that will continue to drive us forward.”
Shackelford joins First Bankers with over 20 years of prior banking experience. Shackelford has been heavily involved in the St. Louis and St. Charles communities during his career. He serves on a variety of organizational boards focusing on the enhancement of these communities. He attended Lindenwood University in St. Charles and has a B.S. in Business Administration from Lincoln University. Shackelford formally joins the First Bankers team on April 13, 2023.
“St. Charles is a wonderful community that I am so thankful to be a part of. I am grateful to be joining the First Bankers Trust team and thrilled to not only grow our business, but be a great resource for businesses in the area,” says Shackelford.
About First Bankers Trust Company, N.A.:
Headquartered in Quincy, Ill., First Bankers Trust Company, N.A., a wholly-owned subsidiary of First Bankers Trustshares, Inc., is a community-oriented commercial bank offering a variety of financial services to meet the needs of the communities it serves, including personal banking, residential mortgage loans, consumer loans, business loans and agricultural loans. The bank also operates Buck Land Funding, a division focused on the financing of recreational hunting land, and MHC Funding, a division specializing in the financing of mobile home communities. The bank has branch locations in Quincy, Macomb, Mendon, Carthage, Rushville, and Springfield, Illinois as well as a Loan Production office in O’Fallon, Illinois. It is the largest bank in Adams County. For more information, visit https://www.firstbankers.com.
About First Bankers Trustshares, Inc.
First Bankers Trustshares, Inc. is a bank holding company owning First Bankers Trust Company, N.A. The Company was incorporated on August 25, 1988, and is headquartered in Quincy, Ill. First Bankers Trustshares, Inc. is a publicly held company whose common stock is traded over-the-counter under the symbol FBTT. For more information, visit http://fbti.firstbankers.com.