About Us

Here’s our story:

As the 19th century approached its end, ten local businessmen recognized the need for another local financial institution to serve the needs of the growing community of Waterloo. Pooling their capital in the amount of $25,000, these ten individuals became the first shareholders of the State Bank of Waterloo.

The Bank became the first bank in town to offer its customers an innovative service to better meet their needs: Friday evening banking. This tradition remains with all area banks today. A walk-up window was added to the Bank's Main Street Branch in 1989, further extending the Bank's service hours. In 1991, the "Wedge" Branch opened for business at 501 N. Market St., offering drive-up as well as walk-in service.

In May 2004, the Bank's North Pointe Branch opened, replacing the Main Street location. This facility features drive-up banking, a 24-hour ATM and an inviting lobby with coffee bar.

The Bank continued its expansion by opening the Valmeyer Branch in September 2007. This branch is a full service location offering deposits, loans and safe deposit boxes.

In January 2019, the Bank opened a new state-of-the-art facility in Columbia, IL, located just past the JB Bridge.  This modern branch offers deposit & loan services, a 24-hour ATM, and a free coin counter for customers.

On June 15, 2020 State Bank of Waterloo changed its name to State Bank to encompass its expansion into other areas of Monroe County in Illinois and the South County area in Missouri.  State Bank's Lindbergh location opened on September 21, 2020 bringing the bank’s number of locations to five. 

The State Bank is a leader in technology and the innovative services provided to their customers. Some of these services include, internet banking, online bill pay and instant issue personalized debit cards. To further enrich the electronic banking experience, the bank also offers Mobile and Text Banking, Mobile Deposit, Card Control, Person-to-Person Payments and Digital Wallet.

State Bank, founded in 1894, has a long and distinguished history of service to all of Monroe County. The tradition continues today with the Bank's active participation in funding local bond issues, community involvement with civic organizations, and the sponsorship of local athletic teams. The Bank is committed to remaining as a locally controlled and individually owned community bank, even as its growth takes it into new markets.

Mission Statement

It is our mission to:

• Provide our customers with a high quality personalized banking experience. 

Why Choose Us

Need a new bank? Consider State Bank. We have been providing banking solutions since 1894. State Bank provides the conveniences of a big bank and ours are delivered with a personal, hometown touch. Call us today and learn why our service continues to receive top ratings from our customers!

Careers

Join the State Bank team!  

Complete and submit your secure application

 If you have questions, call us at 618-939-7194 or if you wish to mail your application, send it to:

Human Resource Department
State Bank
P O Box 148
Waterloo, IL 62298

State Bank is an equal opportunity employer.