CBI Bank & Trust Completes Technology Updates in Southeast National Bank Locations, Enhancing Services for Quad-Cities and Stateline Clients
CBI Bank and Trust, headquartered in Muscatine, completed technology updates at former Southeast National Bank (SENB) locations in Moline over the weekend. This marks the successful completion of a plan that was initiated the previous year. Bob Howard, the regional president of CBI Bank & Trust, expressed his satisfaction with the smooth transition and extended a warm welcome to clients in the Quad-Cities and stateline areas.
The seamless process was a result of months of planning, coordination, and hard work by many talented individuals within the organization. With these updates, former SENB Bank clients can now benefit from banking at 24 locations and access to a broader range of services, including wealth management, investments, and treasury and cash management services.
CBI Bank & Trust is part of Central Bancshares Inc., which also owns F&M Bank, a division based in Galesburg, Illinois. Together, they serve approximately 50,000 consumers and businesses through their branches in Iowa, Illinois, and Wisconsin. The total bank assets now exceed $1.5 billion, making CBI Bank & Trust one of the largest locally based banks in the region and placing it in the top 10-15% of Iowa banks. The bank’s Trust and Investment divisions manage over $1.4 billion in client assets.
