Illinois Bankers Association

Illinois Banking History | Illinois Bankers Association

Tour the Abraham Lincoln Presidential Museum

In honor of our 125th Anniversary in 2016, and in honor of all Illinois banks, we have secured sponsorship, in perpetuity, of a collection of 14 Illinois pre-Civil War Bank Notes in the Abraham Lincoln Presidential Museum's archives. If you would like to tour, please let us know - because of our sponsorship, we have 10 daily passes to the Museum, and we are offering them to our IBA members and their families. Connect with the IBA to secure tickets! 

History of Illinois Banking Exhibit

We invite you and your bank to help keep our industry’s stories and traditions alive by becoming a benefactor of our history exhibit to be on permanent display at the IBA Springfield office. If you happen to come across a historical piece of IBA or lllinois banking, please connect with us.

Donors (to date)

Benefactor

MB Financial Bank
Midland States Bank
The Northern Trust
Michael and Laura Steelman

Diamond

Larry Beaty
Tomorrow's Future Today Scholarship

Gold

American Community Bank & Trust
First Mid-Illinois Bank & Trust
Forest Bank Park National Bank and Trust Co.
LincolnWay Community Bank
State Bank of Bement
Town and Country Bank
Linda and Bernie Koch
Charles (Chuck) and Joy Waterman

Silver

Bradford National Bank Tom and Beth Chamberlain
Community Bank of Oak Park River Forest
Mary and Greg Curl
First National Bank of Steeleville Susan Dubs
Grundy Bank Scott and Shawn Grigsby
 Home State Bank, N.A. Debbie and Bob Jemison
 Lisle Savings Bank Pam and Kevin Macha
 Raritan State Bank Callan, Jessica, Hagen and Lillian Stapleton
 Security Savings Bank  Bruce Taylor
 The State Bank Group  Robert R. Wallace

Fun Facts

  • Nov. 5, 1891 - 62 bankers gathered to organize the association - three of those original member banks are still in existence under their original charters and names and still very active and proud members of the IBA: First National Bank in Beardstown, First National Bank in Litchfield and Havana National Bank.
  • A huge shout out to the IBA's very first chairman, Thomas S. Ridgway. He and his partner founded the First National Bank of Shawneetown in 1865, and he became president of the bank in 1879. In 1874, he received the Republican nomination and was elected Illinois State Treasurer. After just the first decade, membership in the IBA had reached 866, making it the largest state banking association in the United States. 
  • IBA's ceremonial chairman's pin was presented to the Illinois Bankers Association by then Chairman W. P. Halliday in 1895! Now more than 120 years old, it is passed on to each incoming IBA Chairman at the Annual Conference. 
  • Way back in 1911, IBA's President was Benjamin Franklin Harris II -- "BF" to his friends. BF is credited with saving rural banking from becoming largely federalized, and America enjoys a competitive and robust rural banking system today thanks to his efforts. He was responsible for assuring a future for the agricultural banking industry by defending his industry, by appealing to the banking industry to fight for its future and inspiring thousands of bankers to get involved in what he called the "Banker-Farmer Movement."

Banks in Existence in 1891 Past Chairmen Become a donor