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Welcome to North Central Bank and thank you for visiting northcentralbank.com! We appreciate your business and hope that you find our staff to be very efficient, courteous and highly responsive to your needs. With offices in Hennepin and Ladd, we remain focused on the financial needs of local families, farmers, small businesses and our surrounding communities.
orth Central Bank is your community bank! We are your friends and neighbors and we pride ourselves in providing you with a level of personal service that exceeds your expectations every time. Our employees are committed to our local communities and you will see them regularly supporting local organizations and events with their time and talent. At North Central Bank you can count on prompt local decision making and know that building relationships are at the heart of every transaction. Our financial strength and stability are a direct result of our customers’ success and the trust and loyalty shown to us throughout the years.
North Central Bank offers a full range of banking services, including all types of residential mortgages, construction loans, home equity, investment property, second home, small business, commercial, agricultural, lines of credit, Woodhaven and a variety of consumer loans. To complement our wide-variety of loan products, we also offer numerous types of retail deposit products. Please browse our website for detailed information. We are committed to helping and assisting you in reaching your financial goals during every stage of your journey!
If you are already a customer of North Central Bank, thank you for your loyalty, patronage and continued support! If you are new to North Central Bank, we want you to know that we want your business and we appreciate the opportunity to serve you and your financial plan. If you have any questions or would just like to see if the bank is able to assist you in any way, please feel free to contact me or any of our knowledgeable, experienced and dedicated employees.
Kim McKee
President/CEO
kmckee@northcentralbank.com
Mission Statement & Bank History
The North Central Bank was originally established as the Putnam County Bank in 1946. A group of progressively minded individuals in Hennepin, Illinois recognized the importance of having a bank as the cornerstone for any successful community. A committee was formed, consisting of five prominent men who were charged with the task of accumulating sufficient capital to achieve that goal. These five individuals were Olden Cofoid, Lyle Morine, Harold Kinney, George Brenneman, and Albert Pucci. George Brenneman would subsequently become the first elected president of the upstart financial institution.
Since its formation in the early days, the Putnam County Bank has had a strong sense of community with a philosophy of providing trustworthy hometown banking services in support of the local citizenry – many of whom became bank shareholders themselves. This belief in the welfare of community and a financial institution’s obligation to foster business development has helped the local area thrive, as the bank itself grew.
For the first seven years of its existence, the bank operated without FDIC deposit insurance. But in July of 1953 the bank was officially admitted as a member of the FDIC. In the following year, the bank surpassed the $1,000,000 asset level for the first time.
As the years passed, the bank continued to grow and eventually became the largest financial institution in Putnam County. In December of 1978 the Bank moved into a new, modern 3,782 square foot banking facility in Hennepin on the southwest corner of Second and High Streets. Then, again in 1993, the building was enlarged to accommodate continued growth of operations and staffing.
The former Bank of Ladd in Ladd, Illinois was acquired in November 1998 and immediately merged into the Putnam County Bank. The bank name was subsequently changed to North Central Bank, but continued to operate under the same local ownership, management, and employee staffing. Then in August of 2003, the bank reached the $100,000,000 asset plateau for the first time.
The bank continues its community focus to this day and is ably served by its capable Board of Directors. Those individuals are Harold Read (Chairman) Kim McKee, Ryan Anderson, Will Linker, Ryan Linning, Joe Gensini and Eve Postula.
In these tough economic times, it is important to know there are financial institutions that are strong, secure, and ready and able to assist their communities. North Central Bank is one such institution - dedicated to getting Main Street back on its feet. It exhibits overall financial superiority in such areas as: capital adequacy, delinquent loan levels and profitability. Bauer Financial is proud to bestow its highest 5-Star Superior rating upon North Central Bank.
