First Bankers Trust hires market president for Metro East

Quincy-based First Bankers Trust Company, N.A. (First Bankers) is opening a loan production office in O’Fallon, Ill., and has hired a market president.

The O’Fallon office serves as First Bankers’ 12th location, which also includes 10 physical branches and an operations center. This LPO will provide expert lending for business real estate and business operating loans.

Says President and CEO of First Bankers Allen Shafer, “Expanding our footprint into the O’Fallon market is an opportunity that we feel confident will continue to grow and add value to both customers and our shareholders.”

Dave Rakers, West Region president at First Bankers leads the O’Fallon office and team.

“Expanding into O’Fallon was an exciting choice for us and for our clients. We have a great opportunity to provide another stable banking option for people in the area,” says Rakers.

The bank also has announced the hiring of Market President Dominic Seipp (shown).

“His experience in credit and business development in the Metro East area will be key to growing this part of our business,” Rakers said.

“I’m excited to be part of the First Bankers Trust team and O’Fallon community,” says Seipp. “O’Fallon is a terrific market with great growth opportunity for our company and I look forward to being a resource for businesses in the area.”

About First Bankers Trust Company, N.A.:

Headquartered in Quincy, Ill., First Bankers Trust Company, N.A., a wholly-owned subsidiary of First Bankers Trustshares,Inc., is a community-oriented commercial bank offering a variety of financial services to meet the needs of the communities it serves, including personal banking, residential mortgage loans, consumer loans, small business loan and agricultural loans. The bank has branch locations in Quincy, Macomb, Mendon, Carthage, Rushville, and Springfield, Illinois. For more information, visit https://www.firstbankers.com.

About First Bankers Trustshares, Inc.

First Bankers Trustshares, Inc. is a bank holding company owning First Bankers Trust Company, N.A. The Company was incorporated on August 25, 1988, and is headquartered in Quincy, Ill. First Bankers Trustshares, Inc. is a publicly held company whose common stock is traded over-the-counter under the symbol FBTT. For more information, visit http://fbti.firstbankers.com.

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