The Stonington branch of Illini Bank has been purchased by the First National Bank in Nokomis. Ed Heck, President and CEO of First National Bank in Nokomis said that purchasing the Stonington branch of Illini Bank just made sense.
Customers who were previously banking at Illini Bank in Stonington don’t need to worry about any changes to their accounts. Heck said that when the sale was made, all accounts rolled over with the same terms and conditions.
First National Bank in Nokomis also has expansion plans for the newly purchased location in Stonington. Heck said how they plan to bring on more staff and a full time loan officer to the bank.