GENESEO, IL - Central Bank Illinois’ Trust Department has officially surpassed $500 million in assets under management (AUM). This milestone reflects significant growth driven by the department's unwavering commitment to fiduciary excellence and personalized wealth management solutions.
Founded in 1907, the Geneseo-headquartered community bank has steadily scaled its wealth management footprint. As the oldest Trust Division in Henry County, the $500 million threshold represents over a century of stability and financial stewardship for local families, businesses, and agricultural clients.
"Reaching $500 million in assets under management is a direct reflection of the deep-rooted trust our communities place in us," said Tyler Mackey, CFP®, CTFA, Senior Vice President and Trust Officer at Central Bank Illinois. "For more than 100 years, our primary goal has been bringing peace of mind to our clients and we are deeply grateful for their continued loyalty."
The Central Bank Illinois Trust Administration Team is comprised of Tyler Mackey, CFP®, CTFA, Senior Vice President; Scott Couts, CTFA, Assistant Vice President; Adam Stenzel, CTFA, Assistant Vice President and Carlie Sanchez, Trust Administration Officer. Together this team provides a comprehensive, specialized suite of fiduciary services including:
• Estate & Financial Planning: Creating customized asset protection and wealth transfer strategies.
• Personal Trust Administration: Managing specialized fiduciary accounts and executor services with objective oversight.
• Retirement Solutions: Providing corporate and individual retirement planning, including IRAs, 401(k), SIMPLE, and SEP plan administration.
• Risk Management: Crafting custom sound investment strategies to safeguard multi-generational property and wealth.
Central Bank Illinois plans to leverage this momentum to continue expanding its wealth management resources and specialized advisory services.
For more information about Central Bank’s Trust Department and its wealth management services, call 309-944-5601 or visit central-bank.com.
About Central Bank Illinois Central Bank Illinois is a community-focused financial institution headquartered in Geneseo, Illinois. Founded in 1907, the full-service community bank provides a comprehensive suite of personal, business, and trust services designed to meet the evolving needs of its neighbors. Central Bank Illinois serves residents and businesses through a dedicated branch network in Andover, Ashton, Fulton, Geneseo, Oregon, Peru, Princeton, Rochelle, and Sterling. Trust Department products are not insured by the FDIC, are not deposits, and may lose value.
Contact: John DuBois
President & CEO Senior Vice President/Trust Officer
john.dubois@central-bank.com
Tyler Mackey, CFP®, CTFA
Senior Vice President/Trust Officer
tyler.mackey@central-bank.com