FIRST CLOVER LEAF FINANCIAL CORP.
July 9, 2014
For Immediate Release
First Clover Leaf Bank is celebrating a milestone birthday in July 2014. The 125th birthday celebration will kick-off on Friday, July 25th with a live taping of Show Me St. Louis on KSDK sponsored by First Clover Leaf Bank. A birthday party will be held at Annie's Custard in Edwardsville as well as celebrations in all First Clover Leaf Bank lobbies along with a $125 Gift Card giveaway.
The parties start with a Show Me St. Louis Segment that will be themed "The Great Escape to Edwardsville". First Clover Leaf Bank is honored to be the sponsor of this popular TV segment. The segment is dedicated to highlighting the community and businesses that have played such an integral part of the bank's history and success. The live taping of the Show Me St. Louis segment will take place at Annie's Custard located at 245 South Buchanan Street in Edwardsville, IL from 10 am - 11 am on Friday, July 25th. A cake celebrating the bank's milestone birthday will be served to guests. As an extra treat, guests attending the Birthday event at Annie's will also be treated to a complimentary scoop of ice cream.
The parties will continue at each of the First Clover Leaf Bank locations. Stop by any of the First Clover Leaf Bank branch lobbies and get a cupcake, refreshments and for the younger guests, a logo balloon. While you are there, don't forget to sign up to win one of three $125 Gift Cards.
Dave Kuhl, President and CEO reflected on the last 125 years and stated, "In today's world of bank mergers and acquisitions, it is unusual to find a local bank that has served the same communities for 125 years. First Clover Leaf Bank is proud that we have been a part of the Madison County community and have been providing important financial services to so many generations of customers. As we celebrate our past, we also look forward to a future filled with promise for the bank and its customers."
The history of the bank began on the afternoon of July 18, 1889 in the County Judge's Room at the Courthouse in the City of Edwardsville, Madison County, Illinois. It was here where a meeting of the new subscribers for 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 then substantial sum of $500.00.
During 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 the recently renamed 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 Clover Leaf Saving's merger with First Federal Savings and Loan. First Clover Leaf Bank was born out of the combination of these two respected institutions who together represented over 200 years of banking. 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. We opened our Highland branch in 2011 and recently expanded our footprint by opening a Loan Production Office in O'Fallon in January of 2014 and a new full service branch in Swansea on July 1, 2014.
As can be seen from our history, the bank has developed into a full-service community bank, offering a broad array of retail and commercial products. First Clover Leaf Bank stands by its commitment to our communities and reflects basic core business values of trust, loyalty, integrity, commitment and respect. These values are the foundation that the bank has built upon allowing it to become the strong, solid bank that it is today.
About the Company
First Clover Leaf Bank is a wholly owned subsidiary of First Clover Leaf Financial Corporation (NASDAQ: FCLF). First Clover Leaf Bank is headquartered in Edwardsville, Illinois, and devotes special attention to personal service and offers a full line of retail and commercial products. First Clover Leaf Bank is a strong advocate for community banking. Through a long term growth and expansion plan, First Clover Leaf Bank will continue to serve the Madison County Market and surrounding Metro East Communities.
Further information about the company is available at: http://www.firstcloverleafbank.com
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