An Introductory Message from our President and CEO


Greg KistlerWelcome to the website of Central Bancshares, Inc., a community bank holding company based in Muscatine, Iowa.  Perhaps you’ve come here to learn more about our organization.  Maybe you’re considering employment with us or with one of our subsidiaries.  Or it might be that you live in eastern Iowa or west-central Illinois and you’re simply looking for a solid, service-oriented bank.

In any event, you’ve come to the right place!

We’re the parent company of two great organizations operating under two charters, one in Iowa and one in Illinois:

  • CBI Bank & Trust, based in Muscatine, Iowa, with locations in Coralville, Davenport, Kalona, Muscatine, Washington and Wilton, Iowa, and Buffalo Prairie, Illinois; and
  • F&M Bank, headquartered in Galesburg, Illinois, with offices in Brimfield, Galesburg and Peoria.

Collectively we have over 200 employees who serve approximately 40,000 customer households and businesses through a combination of 13 banking centers, plus a full range of alternative delivery channels including ATMs, telephone, mobile and online banking.

With nearly $900 million in total assets, we’re one of the largest bank holding companies headquartered in our market area – large enough to accommodate the needs of borrowers of just about any size in the communities we serve.  It’s worth noting that the $900 million figure does not include assets under management by the trust and investment departments of our banks, an area where we’re a recognized leader in terms of strength, size and expertise.  Add this into the equation and we’re well over $1 billion in size.

Beyond the numbers, we’re a strong believer in good corporate citizenship.  This year, our banks will donate approximately $250,000 to local charitable causes.  Perhaps more important, our officers and employees give freely of their time and expertise, and spend untold hours serving as volunteers, board members and leaders of these organizations.

We also believe in the core concepts of independent community banking:  local management and control, meaningful local input, empowered local employees, and dedicated local resources, all aligned to help our customers and the communities we serve to grow and prosper.

Look around our website.  Make yourself at home.  If you have any questions or would like additional information on our organization, please feel free to contact us. We’ll be happy to assist you.

Once again, on behalf of all of us at Central Bancshares, Inc. and our affiliate banks, welcome!



Greg Kistler, President & CEO

Central Bancshares, Inc.