Carrollton Bank

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Contact: Suzanne Hough, Community Development Officer
Email: suzannehough@carrolltonbanking.com
Phone: (217) 942-5408
Address: 315 Sixth St., Carrollton, IL 62016
Website: http://www.carrolltonbanking.com/

Profile:
Carrollton Bank is a family-owned bank with a rich history that dates back to 1877. The bank now operates nine local branches throughout the St. Louis and southern Illinois region. As Carrollton has expanded, the organization has maintained its entrepreneurial spirit by creating independent community banks with local owners who have the ability to make quick decisions to serve their customers better. The result is a bank that has grown from $7 million in 1973 to over $1 billion today.

Carrollton is a community-focused organization that takes pride in a legacy of strong values that govern how the bank treats its customers:

  • Do whatever it takes.
  • Be a friend and neighbor.
  • Less for the bank, more for the customer.
  • The owner should be at the bank.

Carrollton works hard to control costs so that the bank can provide better value for their customers. The Carrollton team also focuses on hiring versatile people with a can-do attitude that provide good service and help the bank run more efficiently. Carrollton’s senior officers own 90% of the bank and have invested their own money in the organization. Carrollton believes that this approach has helped them to attract and keep some of the best bankers in the area. At Carrollton, officers have an opportunity to build long-term relationships with the business leaders in their communities.