Join Us For Our Community Shred Day!

On Saturday, May 3, from 9:00am to 11:00am, Philo Exchange Bank will be hosting our annual Community Shred Day. This is a free community event, but participants are encouraged to bring either a monetary or food donation for The Giving Place in Tolono.

Participants can bring up to five boxes or bags of shred each. Beyond disposing of your secure documents, participants can spin the PEB prize wheel for their chance to win prizes. We have two grand prizes including a 17" table top Blackstone® or a Chefmate Air Fryer/Toaster Oven combo.

We are looking forward to seeing everyone and helping dispose of secure documents safely. If you have any questions, please call us at 217.684.2600 or email questions@philobank.com.

Kevin Rogers Awarded 2024 Banker of the Year

During their Salute to Leadership Program at their annual conference, Illinois Bankers Association (IBA) awarded Kevin Rogers, President and CEO of Philo Exchange Bank, with the 2024 Banker of the Year Award. This annual award is the highest honor the IBA bestows on an individual whose dedication to excellence has profoundly enhanced the banking industry. It recognizes the recipient's strength of leadership and commitment to service, applied not only to the banking industry but also in their support for civic and charitable causes.

Randy Hultgren, President and CEO of Illinois Bankers Association said, “This year’s winner is a constant, visible presence in his banks’ community events—whether it’s for the Annual Shred Day or the Santa Breakfast, you’ll always see him actively participating.

Over the past 40 years, he has been devoted to the vision and mission of the IBA, immersing himself in numerous banking functions, seminars, workshops, committees, and Board. As a past Chair of the IBA, he dedicated significant time connecting with bankers across the state. He was a strong advocate for the industry in Illinois and in our nation's Capital.

He is a tremendous leader for his bank, staff and their families, customers, and the community. His support and growth of the banking industry will be enduring. “

Congrats Kevin!

Philo Exchange Bank continues "Best of Bauer Bank" distinction.

BauerFinancial, Inc., the Nation's Premier Bank Rating Firm, proudly acknowledges that Philo Exchange Bank has earned its highest, 5-star rating for 111 consecutive quarters. Having maintained its financial strength and stability through three recessions, a housing bubble and a pandemic, Philo Exchange Bank has also earned a "Best of Bauer Bank" distinction. This distinction is reserved solely for those banks that have earned and maintained a 5-star Rating for 25 years (100 consecutive quarters), or longer. This latest rating was assigned in June 2024 based on March 31, 2024 financial data and signifies that Philo Exchange Bank continues to be one of the strongest banks in the nation.