First Clover Leaf Bank

Celebrated its 120th Birthday

July 17, 2009
First Clover Leaf Bank celebrated its 120th Birthday on July 17, 2009.  The day long celebration included cake and refreshments at each of the four locations.  The festivities began at 9:00 am with Mr. Dennis Terry, CEO and President of the Bank, blowing out the candles.  The guests that stopped into the bank were invited to register for giveaways and enjoy birthday cake. 

Mr. Terry reflected on the last 120 years and stated, “We are honored to remain an integral part of the local communities after 120 years.  We pride ourselves in being involved in the communities we serve and with the local organizations in those communities.  Our 120th Birthday marks the beginning of the next exciting 120 years in banking.”

The history of the bank began on the afternoon of July 18, 1889 at the County Judge’s Room in the Courthouse in the City of Edwardsville, Madison County, Illinois.  This is where a meeting of the subscribers of the capital stock of Clover Leaf Loan convened for the purpose of electing a Board of Directors, creating company by-laws, and adopting a charter.  Soon following, the first loan was made to a customer to purchase property on North Buchanan in the substantial amount of $500.00. 

Since its early days, Clover Leaf Loan continued to support the community by making loans to the early settlers in the area.  Clover Leaf Loan merged with Home Building and Loan Association in 1945.  Shortly thereafter, the offices were moved to 148 North Main Street in Edwardsville where they remained for over 25 years.  The next big move came in December 1974, when Clover Leaf Savings moved into the 200 E. Park Street location.  This remained the main office until June 2005 when the new facility at 6814 Goshen Road was completed. 

The next exciting chapter in the history of the bank came in 2006 with the merger of First Federal Savings and Loan.  First Clover Leaf Bank was born out of the merger of these two respected institutions.  With this merger over 200 years of banking experience was combined.  The changes kept coming with the expansion of our first location outside of Edwardsville. The Wood River branch opened its doors in June 2008.  The branch was opened with great enthusiasm for expanding our community bank model into a new territory.  Shortly following in October of 2008, First Clover Leaf Bank and Partners Bank combined into the community bank you know today.  

As seen in our history, the bank has developed into a full-service community bank, offering a broad line of retail and commercial products.  First Clover Leaf Bank stands by the commitment to the community and reflects its core business values – trust, loyalty, integrity, commitment and respect.  These values are the foundation that the bank has built upon to become the strong, solid bank that it is today.