About Us
1870 Holdings Mission Statement
In 2005, Midwest Bank seized a rare and exciting
opportunity—the chance to bring local ownership back to our institution. Our
Board of Directors took action, forming a new holding company,
Western Illinois Bancshares, Inc.
(WIBI), marking the beginning of a new era for our bank, our staff,
and our community. Since then, we’ve continued to grow and evolve, expanding
our reach and services. As part of this progress, WIBI has been renamed
1870 Holdings, a name that
honors our deep-rooted history, as the original
National Bank of Monmouth
was established in 1870. This change reflects our strategic vision to move
beyond traditional banking and become a diversified financial services
holding company, positioning us for even greater growth and new
opportunities ahead!
1870 Holdings has three main responsibilities: The first one is to our customers. As we work toward the future, we will continue placing our customers first by offering extraordinary services, innovative products delivered by various technical methods and cutting-edge technology. The second responsibility is to our staff by providing them opportunities to grow and allowing them to realize their true potential. We have positioned our team with local, knowledgeable people who take great pride in their service and achievements. The third responsibility is to our shareholders. We will strive to enhance our shareholders’ investment through a balance of growth and profitability.
In the 155 years of our existence, we have never rested on our laurels. We feel very fortunate to have the trust and support of so many people in the communities we serve. This is something we don’t take for granted.
We invite you to take a close look at
Midwest Bank,
Princeville State Bank,
Porter Hay Insurance,
MB Wealth, and our holding company
1870 Holdings. We are devoted to earning and retaining the respect, confidence and loyalty of our customers, staff and shareholders by maintaining the highest level of integrity, honesty and ethical standards in all aspects of our business banking.
Board of Directors
| Augustin S.
Hart III, Chairman |
Agri-Business |
| Robert A.
Riley, Vice Chairman |
Retired John Deere Dealer |
| Christopher
J. Gavin, President |
CEO,
Midwest Bank |
| Scott T. Champion |
MCM Media |
| Alice J. Defenbaugh |
Beulah Land Farms, LLC |
| Cristin D
McGrath |
CPA |
| Mark J.
Sexton |
Bart Bank Group & Attorney |
|
James R. Purlee |
Purlee Farms |
| Andrew Black |
Presiden of Princeville
State Bank |
| Mike Graham |
President & Financal
Consultant of MSTC |
Midwest Bank Locations
www.mbwi.com
|
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