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First National Bank of Waterloo plans Swansea location

First National Bank of Waterloo has announced it will be opening its fourteenth banking center, this one in Swansea.

“First National Bank of Waterloo is excited to become part of Swansea and to serve the banking needs of that great community with our first-class, personal service,” says President & CEO Rick Parks. “We had a loan production office in Swansea years before opening our O’Fallon, Ill., banking center, so we are excited to soon offer a full-service location here. This expansion allows us to better serve the businesses and residents of St. Clair County from a convenient Swansea location.”

The location is an existing building at 4101 N. Illinois St — currently the site of First Mid Bank & Trust, which has announced plans to move to another nearby location in the coming months. First National Bank of Waterloo will be purchasing the property and building and doing some minor renovation. The new branch should be open this summer.

First National Bank of Waterloo is a full-service, locally owned community bank serving the financial needs of customers since 1912. The bank has more than $750 million in total assets and 13 banking centers in Central and Southern Illinois. Banking centers are located in Waterloo, Columbia, Millstadt, O’Fallon, Dupo, Smithton, Effingham, Stewardson, Collinsville and Maryville.

Photos of Rick Parks and an exterior of the planned Swansea location.

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