Collinsville Building & Loan Association

Member FDIC

Serving the Community Since 1885

History

Collinsville Building & Loan Association was organized on June 29, 1885, making it Collinsville’s first financial institution.

The first annual financial statement in July, 1886 showed loans in force of $8,100.  By October of 1910, the association’s assets had grown to $178,000.  The depression years of the 30’s seemed to have little effect on the growth of Collinsville Building and Loan Association, and by 1933, the year the association became a member of the Federal Home Loan Bank system, assets grew to $878,000.

On January 15, 1941, the association was granted insurance of accounts by the Federal Savings and Loan Insurance Corporation.  This insurance, along with the association’s sound financial status, enabled CB&L to attract additional funds, and savings climbed above 3 million.

The association spent its early years doing business from several locations in the downtown area, primarily at 117 West Main Street in Collinsville.  In 1969, with assets then totaling 16.7 million and with the problem of needed space, the association moved to its new quarters at 321 East Belt Line (now 701 Belt Line Road) in Collinsville.

In March of 1985, Troy Savings & Homestead Association merged with the Collinsville Building & Loan Association and Troy became a branch office with combined assets of $74 million.

In June of 1985 Collinsville Building & Loan celebrates its 100th Anniversary.

And most recently, Collinsville Building & Loan ended their 122nd  year with assets of  $140 million, first mortgage loans of $70 million and deposits of $111 million.

Current Board of Directors

Craig Eversmann, Richard R. Cain (Chairman), Michael A. Wrigley, Keith H. Throm
Sandra G. Stammer, Susan M. Hemker

Board of Directors-Emeritus

William G. Jokerst, John O'Donnell, Joseph P. Ossola

Current Officers and Staff

Sandra Stammer, President & CEO
Susan Hemker, Vice-President, CFO & Treasurer

FOR YOUR DEPOSIT NEEDS AT OUR COLLINSVILLE OFFICE: Marilyn Bonebrake, Secretary Judith Dunne, Assistant Secretary Cathy Fletcher, Savings Counselor Brittany Baquet, Savings Counselor	FOR YOUR DEPOSIT NEEDS AT OUR TROY OFFICE: Tina Halbert, Assistant Secretary and Branch Manager
FOR YOUR LENDING NEEDS AT OUR COLLINSVILLE OFFICE: Lorraine Barker, Assistant Secretary & Loan Officer Jo Ann Prusa, Assistant Secretary & Loan Representative	FOR YOUR LENDING NEEDS AT OUR TROY OFFICE: Evy Storm, Loan Representative
FOR YOUR BOOKKEEPING NEEDS AT OUR COLLINSVILLE OFFICE: Bernadette Bean, Assistant Treasurer TELLERS TO ASSIST YOU AT OUR COLLINSVILLE OFFICE: Angela Harvell, Teller Supervisor Kristy Flemming, Lead Teller Mary Behne, Teller Repunzel Williamson, Teller	TELLERS TO ASSIST YOU AT OUR TROY OFFICE: Becky Johnson, Lead Teller Sharyn Kling, Teller Linda Burnett, Teller

Copyright © 2006 Collinsville Building and Loan
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