Local Business

Home State Bank grows Trust Department through acquisition

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Home State Bank has long been the premier provider of local banking, Trust, and Wealth Management services in McHenry County. On June 30, 2017, Home State furthered its strategic growth initiative by acquiring 100% of Harvard State Bank’s Trust accounts.

“Home State was founded in McHenry County, and is proud to be the only bank in the county that continues to manage a Trust Department,” stated Robert Cormier, Executive Vice President of Home State Bank. “Our clients believe that Home State is the best choice for handling their larger complex accounts often held in Trust, as we have been doing for more than 50 years.”

On June 27, 2017, Harvard State Bank’s Trust clients were welcomed by Home State Bank at a meet-and-greet reception at the Starline Factory in Harvard. Home State’s President and CEO Steve Slack and Executive Vice President Robert Cormier were joined by Harvard State Bank’s President and CEO Phillip Lehman, along with additional Home State employees, in an effort to answer clients’ questions and to facilitate a smooth transition of the Trust accounts.

Home State Bank is the largest family-owned financial institution in the county, and is committed to providing outstanding products and services to its customers and community. While it continues to grow, HSB remains as personal and flexible as ever. “Many people prefer to work with a local bank that offers personalized attention,” said Mark Weber, VP of Home State’s Trust and Wealth Management Department. “They want to talk with a person, not a recording. They don’t want to have to go downtown to discuss their Trust account. Just the other day, I visited an elderly client’s home to discuss estate planning. Home State’s primary concern is our relationship with our customers. Although we’re growing in size, we’ll continue to accommodate our clients whenever possible.” For more information, please contact:

Mark Weber, Vice President, Trust and Wealth Management

Home State Bank, N.A.

40 Grant Street

Crystal Lake, IL 60014

Phone: (815) 459-2000

www.homestateonline.com

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