News

Better Banks Participates in Cuddles for Kids Valentine’s Day Drive

photo of tub of stuffed animalsBetter Banks is pleased to announce their participation in the 2021 Cuddles for Kids Valentine’s Day Teddy Bear Drive. Cuddles for Kids was founded by Taylor Larson after she spent two weeks in the Children’s Hospital of Illinois as a child.

Dick Peterson Retires from the Board of Directors

Dick Peterson PhotoAfter a long and distinguished career, Dick Peterson has announced his retirement from the board of directors of Better Banks. Peterson began his career in 1967 as an Assistant Vice President at Dunlap Bank and rose to President in 1972. It was with that position he joined the board.

Better Banks Donates Grant Funds to Local Organizations

Through a partnership with the Federal Home Loan Bank of Chicago (FHLBank Chicago), Better Banks received a $15,000 Targeted Impact Fund grant. The Targeted Impact Fund Grant was established to provide direct support to those most impacted by the COVID-19 crisis as well as organizations that promote equity and opportunity for underserved populations and low- and moderate-income communities. 

New Board Member Announced by Better Banks

Marci Shoff photoBetter Banks is pleased to announce the addition of Marci Shoff to its Board of Directors. Shoff is a Partner at Hasselberg, Rock, Bell & Kuppler LLP, where she concentrates her practice in the areas of estate planning, estate and probate administration (including estate and probate related litigation and taxation), guardianships, real estate transactions and corporate law.

Better Banks Announces New Contest for Area Schools and Classrooms

Better Banks has announced a partnership with Advanced Media Partners to kick-off the Better Your Classroom with Better Banks! Contest to honor local teachers in our area schools and classrooms.

Better Banks Donates Personal Finance Curriculum to Hollis Grade School

Better Banks is donating Ramsey Solutions’ Foundations in Personal Finance curriculum to Hollis Grade School. Foundations in Personal Finance is the premier curriculum for teaching financial literacy to students. 

Better Banks Announces New Board Director

Trent Scholl headshotBetter Banks is pleased to announce the addition of Trent Scholl to its Board of Directors. Mr. Scholl is a Principal at Ledgestone Insurance Group, where his responsibilities include corporate development through mergers and acquisitions, host-beneficiary relationships, developing strategic verticals, among other initiatives.

Better Banks Kicks Off Annual Socktober

Better Banks announces the start of its annual Socktober Sock Drive benefitting the children of Children’s Home Association of Illinois in Peoria. The Sock Drive is a month long community event collecting new socks in any size for both girls and boys, of all ages.

Socks are the most needed and the least donated item of clothing. While many people donate clothing to shelters and other non-profit organizations, very few people donate socks. Additionally, many organizations don’t accept gently used socks, so the need continues to grow.

Brad Wallin Memorial Tournament

Young Brad Wallin PitchingDuring the month of May, Better Banks will be collecting cash donations at all branches for the Brad Wallin Memorial Baseball Tournament. The tournament is a fundraiser for St. Jude started by Brad’s parents in his memory. Brad died in 2003 at the age of 10 after a courageous fight with a rare form of bone cancer that eventually metastasized in his lungs, killing him within a year of his original diagnosis.

Where You Choose to Bank Matters

Community banks make our community better, stronger


Where you choose to bank matters. Consumers have the power to make change happen at the community level by aligning with their community bank and putting their money to work in the neighborhood that they call home. 

Your choice of bank is your vote on where your money goes. When you deposit funds in your community bank, that money is redistributed back into the community in the form of loans to residents and entrepreneurs. 

Pages