History
Our Story | Ground Breaking | Bank Completes IPO & Opens for Business
Construction & Bank Progress | Grand Opening | Our First Year

Bank completes stock offering and opens for business

Spring 2004 - Organizers invited members of the community to be co-founders of The Bank. Response to the stock offering was overwhelming. More than 600 local men and women-business people and private individuals-offered to invest $26 million in initial capital for The Bank making this the largest new bank stock offering in Illinois history. The Bank is authorized to accept $18 million as its initial capitalization.

Herald News Article- Saturday, May 22, 2004. Click here to read the full article.

Summer 2004 - Bank was officially chartered and granted FDIC deposit insurance prior to opening on June 15, 2004 at its temporary location, 2769 Black Road (NE corner of Black & Infantry) in Joliet.

Officers-all local bankers with more than 20 years experience each-were announced and appointed. Many highly respected business leaders and local residents became founding clients of the bank. Directors and officers were honored to welcome these new clients.

First Community Bank Staff.

A multi-media advertising/marketing campaign introducing the Bank to the public was launched in mid-summer. Newspaper ads featured local directors and clients personally explaining the advantages of doing business with a locally owned, locally managed bank.