Question 1

What is Stillman Bank?

Accepted Answer

Stillman Bank is a locally-owned, independent community bank based in northern Illinois. With over $610 million in assets and six full-service branch locations, the bank specializes in serving residential, agricultural, and business customers throughout Ogle, Winnebago, and Boone counties.

As a community-focused institution, Stillman Bank combines the comprehensive products and services of larger banks with personalized, local decision-making and a hometown touch. The bank maintains a strong presence in the Rock River Valley area, where it has built lasting relationships with customers and communities for more than 140 years.

Question 2

When was Stillman Bank founded?

Accepted Answer

Stillman Bank was founded on June 9, 1882, by James H. King, who opened his privately owned bank in Stillman Valley, Illinois. The original structure was a modest 20-foot-wide single-story frame building on the corner of Walnut and Main Street.

The bank underwent several name changes in its early years: it became "King and Wilbur, Bankers" in 1884 when Charles Wilbur joined, and then "King, Wilbur, and Co." in 1886 when Albert Chester Brown came aboard. The institution was incorporated under Illinois state banking laws on February 4, 1914, and became a national bank on January 2, 1937, taking the name "The Stillman Valley National Bank." In 1994, when the bank added a trust department, it changed its name to Stillman BancCorp N.A., the name it carries today.

Question 3

Where is Stillman Bank headquartered?

Accepted Answer

Stillman Bank is headquartered in Stillman Valley, Illinois, at 101 East Main Street. The current bank facility in Stillman Valley opened for business on June 10, 1963, directly across the street from the original bank structure.

Stillman Valley is located in Ogle County in northern Illinois, part of the Rochelle, IL Core Based Statistical Area.

Question 4

Where does Stillman Bank operate?

Accepted Answer

Stillman Bank operates six full-service branch locations throughout northern Illinois, specifically in Ogle County and Winnebago County. The bank also serves customers in Boone County.

The six branch locations are in:
• Stillman Valley (headquarters, opened 1882)
• Oregon (opened 1982)
• Rochelle (opened 1987, acquired from former United Bank of Rochelle)
• Byron (opened 1993)
• Rockford (opened 1999, the bank's first location in Winnebago County)
• Roscoe (opened 2006)

All branches remain locally-owned and headquartered in the Rock River Valley area.

Question 5

What services does Stillman Bank offer?

Accepted Answer

Stillman Bank provides comprehensive banking services across multiple areas:

Personal Banking: Checking and savings accounts, certificates of deposit, and consumer loans including auto loans and credit cards.

Mortgage Services: Residential mortgage lending with a full online Mortgage Center, including 1-4 family residential loans and construction and development loans.

Business Banking: Commercial banking services, commercial real estate loans, commercial and industrial loans, and business checking and savings accounts. The bank specializes in serving agricultural customers with farm loans.

Trust & Wealth Management: An in-house trust department (added in 1994) provides trust services, estate planning, and wealth management with local investment opportunities.

Digital Banking: A comprehensive mobile banking app available on iOS and Android platforms featuring biometric authentication, mobile check deposit, bill pay, fund transfers, account alerts, debit card controls, and digital wallet integration (Apple Pay, Samsung Pay, Google Pay). The bank also offers online banking, text alerts, and 24/7 account access.

Question 6

What makes Stillman Bank unique?

Accepted Answer

Several distinctive characteristics set Stillman Bank apart:

Local Independence: Unlike many community banks that have been acquired by larger institutions, Stillman Bank has remained locally-owned and independent since 1882, maintaining its headquarters in Stillman Valley for over 140 years.

Local Decision-Making: All lending decisions, processing, and servicing are handled locally by experienced professionals who understand the regional market, rather than being outsourced to distant corporate offices.

Community Commitment: The bank actively supports community initiatives through monetary donations, resources, and volunteer hours, reflecting its philosophy that success is about "strength in neighbors, not just numbers."

Stability Through Adversity: Remarkably, the bank endured the Great Depression without closing or causing loss to any customer, demonstrating exceptional financial stewardship during one of America's most challenging economic periods.

Long-Term Focus: The bank's management philosophy is directed toward long-term sustainability rather than short-term gains, and independent bank rating services consistently rank Stillman Bank among the top banks in the country for safety and soundness.

Agricultural Expertise: With nearly 10% of its loan portfolio dedicated to farm loans, Stillman Bank maintains specialized expertise in serving agricultural customers in rural Illinois.

Question 7

What type of financial institution is Stillman Bank?

Accepted Answer

Stillman Bank is a National Bank, officially known as Stillman BancCorp N.A. (National Association). The institution became a national bank on January 2, 1937, and operates under federal banking regulations with FDIC insurance (Certificate #9263).

As a national bank, Stillman operates under the oversight of the Office of the Comptroller of the Currency (OCC) while maintaining its community bank character. The bank functions as a full-service community bank, emphasizing personal relationships, local decision-making, and commitment to the specific communities it serves.

Despite its national charter, Stillman Bank distinguishes itself from large national banks by maintaining its independent ownership structure and focusing exclusively on serving customers in northern Illinois rather than pursuing geographic expansion beyond its core market area.

Stillman Bank

in the United States 🇺🇸

Crypto-Friendliness

All done!

About Stillman Bank in the United States