Press Release Archives

Press Release Archives

2009 Press Releases

FDIC Launches Foreclosure Prevention Initiative

September 16, 2009

The FDIC is launching an initiative to help consumers and the banking industry avoid unnecessary foreclosures and stop foreclosure "rescue" scams that promise false hope to consumers at risk of losing their homes. This initiative includes outreach, referral services, and an information tool kit. Raising consumers' awareness of foreclosure "rescue" scams will give borrowers more confidence in knowing they are working with legitimate counselors and servicers to obtain a loan modification that could help them avoid foreclosure.

http://www.fdic.gov/news/news/financial/2009/fil09054.html

ICBA Warns Consumers: Be Wary of Fraudulent Cashier’s Checks

Washington, D.C. (Sept. 1, 2009)—In light of current economic conditions, the Independent Community Bankers of America (ICBA) is strongly cautioning consumers and businesses to be on the lookout for fraudulent cashier’s checks.

“In the past few years, the FDIC and the Office of the Comptroller of the Currency (OCC) issued a record number of alerts to banks regarding fraudulent or counterfeit cashier’s checks, and the number has continued to grow recently as the national economy has declined,” said R. Michael Menzies, ICBA chairman and president and CEO of Easton Bank and Trust Co., Easton, Md. “Fraudsters are capitalizing on the mass availability of inexpensive color copiers to create doctored copies of genuine or phony cashier’s checks. This technology, combined with selling goods over the Internet, provides fraudsters with a fertile environment.”

Customers can protect themselves by keeping an eye out for a few key warning signs that indicate a cashier’s check might be fraudulent. These include never taking a cashier’s check if it’s:

For more than an item’s purchase price. Fraudsters often invent various reasons to explain why they are spending more than the purchase amount;

From a party other than the buyer or on behalf of someone else;
From “friends” hard on their luck; and,
From parties offering a quick, easy way to make extra money. If it sounds too good to be true, it usually is.

Menzies also notes that community banks may place longer holds on deposited cashier’s checks when there is reason to suspect fraud. “This may seem like an inconvenience, but the community bank is really looking out for the best interest of their customer. The customer, not the bank, bears the burden of any losses resulting from deposited checks. If the check were found to be counterfeit, the inconvenience would have been well worth the wait,” Menzies said.

Consumers should take the following precautions to discourage fraudsters:
Request a wire transfer rather than a cashier’s check. Provide account transfer information directly to the sending bank;
Ask your bank to send the cashier’s check for collection, rather than directly depositing the check into an account;
Meet the buyer at the buyer’s bank to obtain payment and transfer property ownership after receiving a cashier’s check directly from the buyer’s bank;
Be sure to obtain a cashier's check drawn on a local bank or a bank with a local branch; and
Keep a copy of the cashier’s check for quick reference.

Tips to Help Consumers Gurad Against Loan Scams

ICBA and Nation’s Community Banks Offer Tips to Help Consumers Guard Against Loan Scams

Washington, D.C. (July 7, 2009) —The Independent Community Bankers of America (ICBA) and the nation’s nearly 8,000 community banks are arming consumers with information to help protect themselves against loan scams.

“Many Americans are being targeted by scams that promise to help them avoid foreclosure or refinance their existing mortgage to a lower rate,” said R. Michael Menzies, ICBA chairman and president and CEO of Easton Bank and Trust Co., Easton, Md. “It’s essential that homeowners be vigilant and protect themselves against these scams so that they don’t wind up in an even worse financial situation.”

Consumers who are having financial troubles should contact their mortgage lender immediately. By doing so, they are less likely to be taken in by loan scams, which are almost always unsolicited phone calls, e-mails or letters. Knowing the warning signs is key. ICBA and community banks across the country encourage consumers to be wary of any company that does the following:

Guarantees to stop the foreclosure process—no matter what your circumstances.
Instructs you to not contact your lender, lawyer or credit or housing counselor.
Collects a fee before providing you with any services.
Accepts payment only by cashier’s check or wire transfer.
Encourages you to lease your home so you can buy it back over time.
Tells you to make your mortgage payments directly to them, rather than your lender.
Tells you to transfer your property deed or title to them.
Offers to buy your house for cash at a fixed price that is not set by the housing market at the time of sale.
Offers to fill out paperwork for you.
Pressures you to sign paperwork you haven’t had a chance to read thoroughly or that you don’t understand.

If consumers think they have been the victim of a loan scam, they should contact their state attorney general’s office to file a complaint and learn the next steps to repair any damage incurred as a result of the scam. For additional tips, consumers can also check the following resources:

Federal Deposit Insurance Corporation (www.fdic.gov)
Federal Reserve (www.federalreserve.gov)
Federal Trade Commission (www.ftc.gov)
Office of the Comptroller of the Currency (www.occ.treas.gov)

“Any community bank customer who is having problems with a mortgage should visit a local community bank for more information about legitimate programs and loan options available to them,” said Menzies.

Greg M. Ohlendorf Named to ICBA Board of Directors

The Independent Community Bankers of America (ICBA) recently announced that First Community Bank and Trust’s President/CEO Greg M. Ohlendorf was appointed to the ICBA board of directors, the nation’s voice for community banking.

“I am honored to be appointed to this position,” Ohlendorf said. “It gives me a chance to work for community banks all across the country, which practice trusted, common-sense lending and offer hands-on personal service and invaluable financial expertise to local consumers and small businesses.”

In addition to helping to shape and advocate ICBA’s national policy positions and programs, Ohlendorf’s duties with ICBA include liaison between independent community bankers in Illinois and ICBA staff and leadership in Washington, D.C. He will also work to recruit new members to ICBA.

“Greg M. Ohlendorf is a dedicated community banker who is respected by his industry’s peers,” said R. Michael Menzies Sr., ICBA chairman and president and chief executive officer of Easton Bank & Trust, Easton, MD. “We are delighted he will be offering his time and valuable professional talents in the service
of the community banking industry.”

ICBA is the only national trade association dedicated exclusively to promoting the interests of locally operated community banks and savings institutions. With trusted financial expertise and quality customer service as their hallmarks, community banks serve millions of consumers, small businesses, farmers and ranchers throughout the country. According to studies by the Federal Reserve, community
banks also charge fewer and lower fees—ranging from 15 to 133 percent lower—than their megabank counterparts.

Whether located in small towns, suburbia or big city neighborhoods, community banks grow our towns and cities by funding small business and using local dollars to help families purchase a home, finance college and build financial security

ICBA and First Community Bank and Trust Recognize Community Banking Month

Community Bank Service and Financial Literacy Efforts Highlighted

Washington, D.C. (April 2009)—April is Community Banking Month and the Independent Community Bankers of America (ICBA) and First Community Bank and Trust are recognizing the unique spirit that makes independent community banks the foundation of their communities in cities and towns throughout America.

"Our nation’s more than 8,000 community banks are passionately committed to serving their customers and their communities," said R. Michael Menzies, ICBA chairman and president and CEO of Easton Bank and Trust Co., Easton, Md. "They spend countless hours and provide invaluable resources throughout the year to make their communities a better place to live, all while continuing to offer quality financial products and services to their customers. ICBA Community Banking Month gives ICBA and its community bank members across the country a chance to thank their customers and celebrate the communities we so proudly serve."

“We’re close to our customers and we’re close to our community,” said Greg M. Ohlendorf, President and CEO of First Community Bank and Trust. “ICBA Community Banking Month is just one way in which we show appreciation for our customers. In fact, we go one step further, celebrating our customers and our connection to the communities we serve with Customer Appreciation events all year long, including our two-day “Party at the Pointe” event in August.”

Community banks offer important savings products and services to help their customers’ fulfill their financial goals. One advantage of saving at a community bank is that because they are local, they want to build lasting relationships with their customers so they work hard to deliver superior customer service. A house down payment, retirement, college, adoption expenses, vacation, emergency funds – to name a few – are all goals families and individuals may have that require savings and are great reasons to start a savings nest egg at a community bank now.

"Community banks are an integral part of the economic, financial and civic fabric of thousands of towns and cities across America," said Menzies. "Community banks continue to work hard everyday to improve the quality of life in their communities because they are part of their community—a uniqueness that only community banks can bring to the table."

ICBA member community banks employ almost 300,000 people in nearly 25,000 locations in all 50 states, the District of Columbia and two U.S. territories. Of the more than 8,000 community banks in America, nearly 5,000 are ICBA members.

Community Bankers Will Continue to Rise to the Challenge

It’s the values of our nation’s independent community bankers that is the true voice of America

Phoenix, Ariz. (March 2009)—Community banks will continue to rise to the challenge and define the destiny of community banking, said R. Michael Menzies, incoming chairman of the Independent Community Bankers of America (ICBA) and president and CEO of Easton Bank and Trust Co., Easton, Md. Menzies spoke to nearly 3,000 attendees gathered for the 2009 ICBA National Convention and Techworld held in Phoenix from March 18-21.

“It’s up to community bankers to restore the image of banking so that when people hear ‘banker,’ they think of the loan that got their favorite restaurant going, the tuition loan that let a family send one of their own for the first time off to college, the money that helped build the community center and the eye doctor’s practice, and helped rebuild a neighbor’s home after a tragic fire,” Menzies said.

First Community Bank and Trust's President, Greg Ohlendorf, who attended the conference, agreed, saying "Mike's statements echo what our bank has been doing for over 92 years. We experienced excellent loan growth in 2008 and are ready to make more loans to help our communities and local residents in 2009. The local support of community banks like First Community Bank and Trust gives local businesses the ability to obtain the necessary financing to achieve their goals of growth and success. It also allows prospective homeowners the opportunity to finance the home of their dreams. Banks like ours will be a big part of the solution to our country's current economic woes."

Menzies reiterated that ICBA will continue its efforts to tell Washington that it’s time to break up too-big-to-fail, too-big-to-regulate entities and also communicate that our nation’s more than 8,000 community banks intend to be part of the solution to restoring our economy, and they should not be unfairly taxed since they did not participate in the practices that led to the current economic crisis.

“Wall Street has its role to play, but it is the values of our nation’s independent community bankers that is the true voice of America,” he said.

The ICBA National Convention and Techworld is the largest and most vital community banking industry event of its kind in the nation, attracting community bankers, industry representatives and state and federal regulatory officials.

To Local Bank, Green Means More Than Money

February 2009

To Local Bank, Green Means More Than Money

Being environmentally aware has become more than just a good idea for businesses. Taking measures to save resources such as electricity, water and paper can also mean saving money – something in which every business has an interest.

First Community Bank and Trust has launched a green initiative to help identify ways that reduce the use of resources and increase productivity. Some examples include increased use of electronic documentation, switching to recycled paper products for business stationery and newsletter printing, shredding and recycling all waste paper and vigorous promotion of electronic banking products. Each issue of their bi-monthly newsletter, FinancialNews, also features an “Eco-challenge”, which introduces environmentally-friendly changes anyone can incorporate to help make a difference. (These challenges are posted on their website, www.firstcbt.com.)

Taking advantage of high-tech opportunities, the Bank’s Board of Directors also participates in this initiative. Meeting every month to conduct bank business often requires numerous reports and other data to be printed and distributed to each Director prior to the meeting. Often reaching over 400 pages per book, the amount of paper and toner being consumed each month to print the documents for each Director became quite substantial. Beginning in January of this year, however, the Board went high-tech with the digitalization of these monthly reports and data. Each Director has access to a secure website to which the information is uploaded. They can review the material online prior to the Board meeting and make electronic notes to the documents as necessary. During the monthly Board meetings, the reports are displayed electronically with any notes the directors may have made.

The Directors no longer have bulky books to cart around and the wear and tear on office equipment and the energy resources required to operate the equipment has been greatly reduced along with paper and toner consumption. In addition, the time required to print, assembleand distribute the books has been virtually eliminated.

Greg Ohlendorf, President and CEO of First Community Bank and Trust, said, “We need to look at each task to see what can be done to reduce our footprint on the world’s environment. We all print too many unnecessary reports and e-mails. It just takes a little effort to change these habits, which will ultimately have a positive incremental impact on the world we will leave to our children.”

# # #
Contact:Steven D. Koehn
Assistant Vice President
First Community Bank and Trust
(708) 946-2246
skoehn@firstcbt.com

New Year, New Banking Concerns, But Not if You Bank at First Community Bank and Trust

January 2009: First Community Bank & Trust, Beecher, Illinois proudly announces it has earned BauerFinancial, Inc.’s highest 5-Star Superior rating for financial strength and stability. BauerFinancial has been analyzing the nation’s banks for over 25 years and has earned the reputation as “the Nation’s Bank Rating Firm”, so to garner its highest 5-Star rating is a time-honored badge of distinction. Customers of First Community Bank & Trust can be proud that their bank still shines, even under the watchful eye of the BauerFinancial microscope. The rating is based on the overall financial picture of the bank and at 5-Stars indicates that First Community Bank & Trust is one of the strongest banks in the nation. This is the 62nd consecutive quarter that First Community Bank & Trust has earned this highest honor; only 10% of the nation’s banks can claim this distinction.

“This New Year in particular brings with it a whole new set of worries, but where a consumer banks shouldn’t be one of them”, remarks Karen L. Dorway, president of BauerFinancial. “Some banks ignored proper loan underwriting standards in recent years and are now paying the price for that decision. But, First Community Bank & Trust is a prime example of a bank that has stuck to traditional, conservative banking strategies, which, in this climate, is exactly what the ‘other banks’ are returning to. First Community Bank & Trust is a model of banking safety and soundness and its customers can rest assured in that knowledge.”

Established in 1916, First Community Bank & Trust has been serving the banking needs of its neighbors and friends for 92 years. It currently operates through two conveniently located offices in Beecher and Peotone and can be found on the internet at www.firstcbt.com.

First Community Bank & Trust: “Leading with Integrity, Excellence and Innovation!”

2008 Press Releases

Bank Tests Emergency Plan

Printed inThe Daily Journal - 10/27/2008

By Jermaine Pigee
jpigee@daily-journal.com
815-937-3321

When a natural disaster like a tornado strikes, rescuing victims, digging out and getting power restored to residents usually are among an area's top priorities.

But behind the scenes another crucial battle has to be waged; protecting the integrity of data on the computer systems of local financial institutions. If those systems crash, some say, the efforts to get a community up and running again could come grinding to a halt.

State and federal regulators require banks to have an emergency contingency plan in place.

And this week, Greg Ohlendorf, president and CEO of First Community Bank and Trust in Beecher, decided to put his bank's plan to the test. On Tuesday, employees worked with the temporary system that would be put in place in the event a disaster cut off the bank's power supply for an extended period of time.

Backing up data

First Community Bank has a contract with Pa.-based SunGard, a global company that works to ensure the safety of electronic data for financial and educational institutions as well as certain agencies within the public sector.

"We provide equipment to businesses or companies, (which rely on) computers for their businesses," said Dwight Smith, senior recovery specialist at SunGard. "The banks load their data onto our systems which allows the banks to continue to work."

Banks back up their data on a daily basis and First Community is no different. It backs up its data on tapes that are securely stored. If an emergency were to occur, the data could then be uploaded onto SunGard's system.

On Tuesday, SunGard parked a large white mobile unit in the back of the bank. The van held about ten computers and a printer, which were set up to help them mimic what would happen in a natural disaster. Also on hand were staff from Information Technology Incorporated, the bank's major software vendor.

"Whatever comes on the truck, we will deal with. We have to make it work," Ohlendorf said. "In here, we can process check data and issue balance statements. We would have to set up a transaction somewhere else because no one would be able to come in here and get money from us."

Smith said having an emergency preparedness test in place is a great idea because it can be educational for companies.

"You can learn a tremendous amount during this plan and that's why we do it," Smith said. "Things you normally don't think about can come up."

Ohlendorf talked about how the test helped him learn more about the bank's technological side.

"We have learned the different software the bank has," said Ohlendorf, who as bank president normally wouldn't deal with information technology. Most companies have specific departments with specialists who keep computer systems operating smoothly. "We are trying to get all the software lined up. It also takes a while to bring up the servers. We brought up nine servers simultaneously, which took nine people to do."

Community bankers survey

A survey released on Oct. 1 by the Independent Community Bankers of America shows that the majority of bank officers believe data security is their top technology concern. In fact, a majority of the nearly 1,300 community bank respondents to the 2008 ICBA Community Bank Technology Survey officers planned to increase spending on security technology in the next year.

"Community banks view data security as a major priority, and they are pursuing new technologies to continually protect their customers' financial data," Viveca Ware, ICBA director of payments and technology policy, said in a press release.

While state and federal regulators do have requirements that banks have comprehensive contingency plans that are to be tested on a regular basis, there is no requirement to perform the type of test First Community performed.

"Banks may occasionally go to a remote backup site to test parts of their plan, but a live on-site test like we performed would be the exception," Ohlendorf said. "The cost of doing this type of test would make it generally prohibitive. We were very fortunate to have the opportunity to be able to work through this exercise."

Ohlendorf added he hopes he never has to use SunGard.

"We have never had a disaster where we needed this backup machine and I hope we never have to," Ohlendorf said.

Homeland Security

Amy Kudwa, spokesperson for the U.S. Department of Homeland Security, said having an emergency preparedness program will help people be better prepared for a unforeseen circumstance.

"Having emergency preparedness is always critical," Kudwa said. "It's very important to have a practice in place in the certainty of a natural disaster."

Kudwa added that emergency awareness plans are necessary not only in banks, but the entire financial industry. Being prepared "can never be common enough."

"Homeland Security is an advocate for either a readiness program or a community awareness program," Kudwa said. "We don't regulate emergency preparedness and because every sector is different, we work with banks and financial industries on a sector-to-sector basis."

Another sector where data preservation is crucial is the judicial system. On Tuesday, The Illinois Supreme Court announced its standards for emergency preparedness for all state circuit courts that would enable them to remain open and operational in the case of an emergency. The mandate also included a requirement to preserve the integrity and confidentiality of electronic information, and the identification of alternate information technology facilities.

Community Bank Deposit Account Options Q&A

Washington, D.C. (October 24, 2008)—First Community Bank and Trust and the Independent Community Bankers of America (ICBA) want to reassure community bank customers about the safety of their deposits in accounts with community banks. Under the Emergency Economic Stabilization Act of 2008 (H.R. 1424) enacted Oct. 3, deposits held in FDIC-insured community banks will be guaranteed by the federal government for up to $250,000 through Dec. 31, 2009. Starting on Jan. 1, 2010, deposits held in FDIC-insured community banks will be guaranteed for up to $100,000 per depositor, and $250,000 for certain retirement accounts.

Here are answers to some questions community bank customers are asking about their accounts:

Q: I’ve heard lately that money market funds are in crisis. I have deposits in a money market account through my community bank. Is my money at risk?

A: There’s an important difference between bank deposits which are insured by the FDIC and non-bank money market funds. Worry on the part of consumers can be attributed to the confusion between money market mutual funds, which have been the subject of recent headlines, and money market deposit accounts, which are the ones you probably own.

Key differences:

Money Market Mutual Funds are mutual funds which hold short-term debt investments such as low-risk government securities, certificates of deposit and short-term debt issued by public companies (“commercial paper”). These shares are typically sold to investors by brokerage houses and mutual fund companies, and just like any fund that is not a bank deposit, they are not FDIC-insured and there is the potential (though very low) for shareholders of these accounts to lose money.

Nevertheless, under the Treasury Department’s recently announced guarantee plan, amounts shareholders had in money market mutual funds prior to close of business on Sept. 19, 2008 will be insured for a period up to one year, if the mutual fund signs up and pays a fee to be covered.

Money Market Deposit Accounts are widely available interest-bearing bank accounts. They are essentially savings accounts with higher interest rates. Depositors owning these very safe accounts are FDIC-insured to $250,000.

Q: Isn’t the best course of action right now to withdraw my money and put it “under the mattress”?

A: Absolutely not. In fact, that is the surest way to allow inflation to erode your spending power. Think about it this way—your great-grandfather could have bought an entire meal for a dollar a 100 years ago, but if he’d stuffed that dollar under the mattress for you to find today, you could barely buy a candy bar with it now.

More important, if you keep your money in a bank savings or checking account, the FDIC backs it with insurance, and no one has ever lost money that’s covered by deposit insurance.

Q: Then what should I do with my money? I don’t really like a lot of risk.

A: Fortunately, there are plenty of safe alternative deposit products available at your local community bank in addition to money market deposit accounts, which, again, are quite safe. You should talk with your community banker, but here are some of the most popular:

Certificates of Deposit (CD) are FDIC-insured deposit products with attractive interest rates. Sometimes called time deposits, a CD has to be held and the money cannot be withdrawn until its maturity date (typically three months, six months, or one-to-five years). Depending on the account, you could be assessed a penalty fee for withdrawing funds early, but some banks offer CDs that let you withdraw some of the funds before maturity without a penalty fee. You should check with your community bank, but bank CDs are insured by the FDIC.

Individual Retirement Accounts (IRAs) are tax-advantaged accounts for retirement savings. In the majority of cases, banks offer two-types of IRAs: traditional and Roth. Contributions to traditional IRAs are made with pre-tax assets, but at retirement, withdrawals are taxed as income. Conversely, all Roth IRA contributions are made with after-tax assets; however, withdrawals are usually tax-free. These accounts are FDIC-insured. And, after recent changes in federal law, IRAs are usually insured for up to $250,000.

Savings Accounts are among the traditional deposit bank accounts. These deposits are FDIC-insured and carry virtually no risk. Because the risks are low, the interest rates you can earn on these accounts also tend to be comparatively low. Unlike a regular checking account, there are monthly restrictions on the number of times you can draw funds from the account, and sometimes you will be required to keep a minimum balance. But savings accounts are an important way to keep funds safe and secure, covered by deposit insurance and relatively easy to access.

U.S. Treasury Securities are the collective array of government bonds, from Treasury bills to U.S. savings bonds. They are regarded as the safest of all investments because they are backed by the U.S. government. In addition, earnings on Treasury securities are exempt from state and local taxes. But they are not covered by deposit insurance.

Q: My spouse and I are combining our money into an account under my name only. Will the FDIC insure each of us for the full $250,000?

A: No. The FDIC insures deposits up to $250,000 per depositor and $250,000 for certain retirement accounts. If you have more than $250,000 at a community bank, however, you can still be fully insured if your accounts meet certain requirements. For example, accounts owned by a single person are separately insured from joint accounts or retirement accounts owned by that person. In this case, you can each have $250,000 insured in separate accounts with one name each, and have another $500,000 insured in an account that bears both your names. The FDIC has information on its Web site (www.fdic.gov) about how deposit insurance coverage works. Or better yet, talk to your local community banker. And remember, no one has ever lost a penny of FDIC-insured deposits held in community banks.

Community Banks: Still Safe & Secure

Washington, D.C. (October 24, 2008) –– The Independent Community Bankers of America (ICBA) and First Community Bank and Trust are reminding community bank customers of the extraordinary stability of the community banking industry as the troubles of large Wall Street financial institutions and investment firms dominate mainstream headlines.

“Our customers may be watching the news and reading the papers and naturally, they worry about their own banks,” said Greg Ohlendorf, President and CEO of First Community Bank and Trust. “We understand their concern, but want to reassure our customers that they need not worry about the stability of their bank and the safety of their money.”

“These are challenging times for our nation’s economy and financial system – one of the most challenging in many, many years. We have seen the failure of some large financial firms and investment banks,” said Cynthia L. Blankenship, ICBA chairman and vice chairman and chief operating officer of Bank of the West, Irving, Texas. “However, the challenges are primarily on Wall Street, not Main Street, and investment banks are not commercial banks or savings institutions. The reality is there are more than 8,400 commercial banks in our country and insured deposits are safe in an FDIC insured institution. No depositor has ever lost a penny of FDIC-insured funds. Investment banks are not FDIC insured.”

Under the Emergency Economic Stabilization Act of 2008 (H.R. 1424) enacted Oct. 3, deposits held in FDIC-insured community banks will be guaranteed by the federal government for up to $250,000 through Dec. 31, 2009. Starting on Jan. 1, 2010, deposits held in FDIC-insured community banks will be guaranteed for up to $100,000 per depositor, and $250,000 for certain retirement accounts.

“When it comes to community banks, the vast majority have been and continue to be some of the safest, soundest and most secure financial institutions in our nation,” said Blankenship. “Community banks follow responsible business practices. Community banks are risk-averse; they are sensible businesses that work every day to support their customers, communities and local markets.”

“We encourage customers to call us if they are concerned,” said Ohlendorf. “We value our relationship with our customers and our communities, and we want everyone to feel secure—both now and well into the future.”

ICBA Offers Tips to Increase FDIC Insurance Coverage

Washington, D.C. (October 24, 2008)—The Independent Community Bankers of America (ICBA) and First Community Bank and Trust wants consumers to take full advantage of Federal Deposit Insurance Corporation insurance and offers the following tips to help depositors increase the amount of money that FDIC insurance will safely cover at a single community bank.

“First Community Bank and Trust has been hearing from people who may be confused about just how much federal deposit insurance covers,” said Greg Ohlendorf, President and CEO of First Community Bank. “The basic coverage for deposits in an FDIC-insured community bank is now up to $250,000 per depositor and $250,000 per owner for certain retirement accounts, but the FDIC provides separate coverage for deposit accounts held in different categories of ownership that allow a customer to have more than $250,000 insured at the same community bank.”

Some basic examples of how depositors can expand their coverage beyond $250,000 include:

A husband and wife both have separate bank accounts in each of their names (each account is covered for $250,000 or $500,000 total).
The couple also has a joint account which is covered for up to $500,000.
The husband and wife each have separate IRA Accounts for $250,000 each.

In addition, revocable Payable on Death (P.O.D.) * accounts are another option that allow a customer to expand beyond $250,000 in the same bank. For example, all of the following accounts could be insured for one couple at one community bank:

John Doe, P.O.D. to Jane Doe: $250,000
Jane Doe, P.O.D. to John Doe: $250,000
John and Jane Doe, P.O.D. to Baby Doe 1, Baby Doe 2, and Baby Doe 3: $1.5 million
John and Jane Doe, P.O.D. to Grandchild Doe 1, Grandchild Doe 2, and Grandchild Doe 3: $1.5 million

“Community bank customers can bank with confidence at their local community bank knowing their money is safe because it is insured by the FDIC and held in well-capitalized and well-regulated institutions,” said Cynthia L. Blankenship, ICBA chairman and vice chairman and chief operating officer of Bank of the West, Grapevine, Texas. “Since the FDIC was founded 75 years ago, no one has ever lost a penny of FDIC-insured funds.”

The FDIC is the best source for tools to determine deposit insurance coverage, including an online Electronic Deposit Insurance Estimator, which can be found on the FDIC’s Web site at http://www.fdic.gov/edie.

NEW FDIC Insurance Coverage

FDIC Deposit Insurance Coverage

The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government that protects against the loss of insured deposits if an FDIC-insured bank or savings association fails. FDIC deposit insurance is backed by the full faith and credit of the United States government. Since the FDIC was established, no depositor has ever lost a single penny of FDIC-insured funds.

FDIC insurance covers funds in deposit accounts, including checking and savings accounts, money market deposit accounts and certificates of deposit (CDs). FDIC insurance does not, however, cover other financial products and services that insured banks may offer, such as stocks, bonds, mutual fund shares, life insurance policies, annuities or municipal securities.

There is no need for depositors to apply for FDIC insurance or even to request it. Coverage is automatic.

To ensure funds are fully protected, depositors should understand their deposit insurance coverage limits. The FDIC provides separate insurance coverage for deposits held in different ownership categories such as single accounts, joint accounts, Individual Retirement Accounts (IRAs) and trust accounts. Deposits accounts owned by corporations, partnerships, unincorporated associations, employee benefit plans and government entities also are covered by FDIC insurance.

Basic FDIC Deposit Insurance Coverage Limits*

Single Accounts (owned by one person) $250,000 per owner**

Joint Accounts (two or more persons) $250,000 per co-owner**

IRAs and certain other retirement accounts $250,000 per owner

Trust Accounts $250,000 per owner per beneficiary subject to specific limitations and requirements**

Corporation, Partnership and Unincorporated Association Accounts $250,000 per corporation, partnership or unincorporated association

Employee Benefit Plan Accounts $250,000 for the non-contingent, ascertainable interest of each participant

Government Accounts $250,000 per official custodian

* These deposit insurance coverage limits refer to the total of all deposits that an accountholder (or accountholders) has at each FDIC-insured bank. The listing above shows only the most common ownership categories that apply to individual and family deposits, and assumes that all FDIC requirements are met.

** The legislation authorizing the increase in deposit insurance coverage limits makes the change effective October 3, 2008, through December 31, 2009.

Note: As of October 14, 2008, all non-interest bearing transaction deposit accounts at an FDIC-insured institution, including all personal and business checking deposit accounts that do not earn interest, are fully insured for the entire amount in the deposit account. This unlimited insurance coverage is temporary and will remain in effect for participating institutions until December 31, 2009.

If you have questions about FDIC coverage limits and requirements, please visit www.myFDICinsurance.gov, call toll-free 1-877-ASK-FDIC, or ask a representative at your bank.

First Community Bank & Trust: A Sense of Security in an Insecure World

October 2008: BauerFinancial, Inc., Coral Gables, Florida, is pleased to announce that First Community Bank & Trust, Beecher, Illinois has earned its highest 5-Star Superior rating for financial strength and stability. It is heartening to know that there are still well run community banks, like First Community Bank & Trust, that have risen above the calamity that has befallen so many others. The 5-Star Superior rating is based on the overall financial picture of the bank and indicates that First Community Bank & Trust is one of the strongest banks in the nation. In fact, this represents the 61st consecutive quarter that First Community Bank & Trust has earned this highest honor giving it the added distinction of being an “Exceptional Performance Bank”. Only institutions that have achieved this highest 5-Star rating for ten years or longer can claim this distinction.

“It gives me great pleasure to announce that there are still banks, like First Community Bank & Trust, that continue to build a sense of a security in this insecure world,” heralds Karen L. Dorway, president of BauerFinancial. “Residents in and around Beecher have the privilege of banking with a true community bank that has stuck to true, common-sense, banking values. They can sleep soundly in the knowledge that they are banking with one of the strongest banks in the country.”

First Community Bank & Trust was established in 1916 and has been serving the financial needs of its neighbors and friends for 92 years. It currently operates through two conveniently located offices in Beecher and Peotone and can be found on the internet at www.firstcbt.com.

First Community Bank & Trust: “Your Friends in the Neighborhood!”

BauerFinancial, Inc., Coral Gables, Florida, the nation’s leading independent bank rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution pays for its rating, nor can they elude it. Consumers may obtain star-ratings by visiting www.bauerfinancial.com.

###

For more information on First Community Bank & Trust, or any other U.S. bank or credit union, contact Karen Dorway directly at 800.388.6686 or e-mail her at kdorway@bauerfinancial.com.

BauerFinancial, Inc. 2655 LeJeune Road, Penthouse One, Coral Gables, FL 33134.

ICBA Offers 12 Tips to Help Students Handle Credit Wisely

Washington, D.C. (August 6, 2008)—As the nation's students head back to school and with most of today's college students using credit cards, the Independent Community Bankers of America (ICBA) reminds students and all consumers to use credit cards responsibly in order to establish and keep good credit.

"Understanding how to use consumer credit wisely gives young adults the foundation that will serve them well when they are ready to buy a home, a car or pursue their dreams of owning a small business," said Cynthia L. Blankenship, ICBA chairman and vice chairman and chief operating officer of Bank of the West, Grapevine, Texas. "Establishing good credit habits is essential in understanding how to manage personal and business finances."

College students use credit cards for everything from books and food to tuition and supplies. Research* shows that 74 percent of college students use credit cards for school supplies, 71 percent for textbooks and for food, and 24 percent for tuition. Credit cards are a convenience and must be used properly. A good credit card track record starts with a good credit card. Shop around for favorable rates and terms and check with your local community bank, and consider the following tips for using credit cards wisely:

Set up and follow a budget that includes paying off a credit card balance. "Maxing out" or charging up to your card's credit limit can make sticking to your budget more difficult.
Cash advances — unlike purchases — generally have finance charges and fees that apply immediately.
Pay on time, every month.
Keep records of your account number, expiration date, and the phone number of your card issuer in a safe place so you contact the issuer quickly if your card is ever lost or stolen.
Keep your account information confidential.
Never give out your credit card information, including account number, expiration date or CVV/CVC over the phone, unless you initiated the call and know who you're dealing with.
Elect to receive your statement information online and consider making your credit card payment online to ensure it is received by the monthly due date. Many bank Web sites offer account alerts for unusual transactions and reminders of when your bill is due.
Routinely access your account information online to track your spending and stay within your budget. If you see a transaction that is not yours or if there's an error on your account, notify your card issuer immediately. Look for complete instructions on your monthly statement and follow them carefully to protect your rights.
Keep a copy of your sales receipts so you can compare what you bought with the charges on your statement.
When making online transactions, be sure the Web site is secure. Don't let others see you enter card information and avoid using public access PCs for online purchases.
Don't lend your credit card to anyone, not even a friend. Ever.
If you move, notify your card issuer immediately.

For additional resources go to the Consumer Education and Resources section of www.icba.org.

* Research conducted by college loan lender Nellie Mae.

Through Increasingly Difficult Environment, First Community Bank and Trust Boasts Top Safety Rating

August 2008: First Community Bank & Trust, Beecher, Illinois stands strong in the current environment while many financial institutions are faltering. You don’t have to take their word for it, though; First Community Bank & Trust has earned a 5-Star Superior rating from BauerFinancial, Inc. of Coral Gables, FL, the nation’s leading independent bank rating and research firm. The 5-Star rating is based on the overall financial picture of the bank and indicates that First Community Bank & Trust is one of the strongest banks in the nation. What’s more, this represents the 60th consecutive quarter that First Community Bank & Trust has earned this highest honor giving it the added distinction of being an “Exceptional Performance Bank”. Only institutions that have achieved this highest 5-Star rating for ten years or longer can claim this distinction.

“In a climate where it is increasingly difficult to shine, First Community Bank & Trust proves it can be done,” remarks Karen L. Dorway, president of the research firm. “In fact, local residents should be proud that their community bank is one of the elite financial institutions in the nation. They can rest assured that their deposits are well-placed in this 5-Star bank.”

Established in 1916, First Community Bank & Trust has been pleased to fulfill the financial needs of its neighbors and friends for 92 years. It currently operates through two conveniently located offices in Beecher and Peotone and can be found on the internet at www.firstcbt.com.

First Community Bank & Trust: “Your Friends in the Neighborhood!”

ICBA Debunks Deposit Insurance Myths

Washington, D.C. (July 2008)––The Independent Community Bankers of America (ICBA) and First Community Bank and Trust are challenging unfounded concerns raised about the safety of bank deposits. Federal deposit insurance guarantees your deposits are safe in every financial institution insured by the Federal Deposit Insurance Corporation, including community banks. Don’t believe the hype. Get the facts.

Myth: Your money is safer in big banks.
Fact: No one has ever lost a penny of FDIC-insured deposits held in community banks. The FDIC insures deposits up to $100,000 per depositor and $250,000 for certain retirement accounts. If you have more than $100,000 at a community bank, you can still be fully insured if your accounts meet certain requirements. For example, accounts owned by a single person are separately insured from joint accounts or retirement accounts owned by that person. The FDIC’s Electronic Deposit Insurance Estimator (on the Web at http://www.fdic.gov/edie) can determine your coverage.

Community banks focus on the needs of local families, businesses and farmers, and their top executives are generally available on site to answer your questions directly and make timely decisions. Many of the nation’s largest banks are structured to serve large corporations and have CEOs headquartered in office suites, not local banks.

Myth: Your money is stored in a vault at the bank.
Fact: Community bank deposits are reinvested in your local economy. Your money on deposit will be used to make loans in the community that help your neighbors start a nearby business, purchase a home, or send a son or daughter to college. Continuing to hold deposits in community banks ensures the neighborhoods where you live and work will continue to grow and thrive.

Myth: Community banks are undercapitalized.
Fact: The vast majority of our nation’s banks, especially community banks, are strong, safe and stable. Community bankers are common sense lenders that don’t engage in high-risk activities. Instead, they stick to the longstanding fundamentals of responsible banking, and always seek to serve the long-term interests of their customers and communities.

Myth: The FDIC takeover of IndyMac Bancorp means my bank is at risk.
Fact: IndyMac Bancorp was taken over because, in part, depositors became fearful and attempted to close their accounts at once, destabilizing the bank. The overwhelming majority of the nation’s banks are safe and well capitalized. As stated by FDIC Chairman Sheila Bair, IndyMac is only one of nearly 8,500 depository institutions operating in the United States and represents just 0.2 percent of banking-industry assets. There is little chance your bank will be taken over by the FDIC. And if that does happen, you will continue to have virtually uninterrupted access to your insured deposits.

Myth: Community banks are involved in problems with subprime mortgage lending.
Fact: Community banks are common-sense lenders that have avoided subprime lending.
There is no mortgage-lending crisis for community banks because they are well-run, highly capitalized, tightly regulated and more risk-averse than big banks. Community banks have money to lend homeowners for new purchases and to refinance existing mortgages. In spite of talk of a credit crunch, community banks are open for business.

About ICBA
The Independent Community Bankers of America, the nation’s voice for community banks, represents nearly 5,000 community banks of all sizes and charter types throughout the United States and is dedicated exclusively to representing the interests of the community banking industry and the communities and customers we serve. For more information, visit www.icba.org.

ICBA Offers Tips to Increase FDIC Insurance Coverage

Washington, D.C. (July 2008)—The Independent Community Bankers of America (ICBA) and First Community Bank and Trust wants consumers to take full advantage of Federal Deposit Insurance Corporation insurance and offers the following tips to help depositors increase the amount of money that FDIC insurance will safely cover at a single community bank.

“First Community Bank and Trust has been hearing from people who may be confused about just how much federal deposit insurance covers,” said Greg Ohlendorf, President and CEO, First Community Bank and Trust. “The basic coverage for deposits in an FDIC-insured community bank is up to $100,000 per depositor and $250,000 per owner for certain retirement accounts, but the FDIC provides separate coverage for deposit accounts held in different categories of ownership that allow a customer to have more than $100,000 insured at the same community bank.”

Some basic examples of how depositors can expand their coverage beyond $100,000 include:

A husband and wife both have separate bank accounts in each of their names (each account is covered for $100,000 or $200,000 total).
The couple also has a joint account which is covered for up to $200,000.
The husband and wife each have separate IRA Accounts for $250,000 each.

In addition, revocable Payable on Death (P.O.D.) * accounts are another option that allow a customer to expand beyond $100,000 in the same bank. For example, all of the following accounts could be insured for one couple at one community bank:

John Doe, P.O.D. to Jane Doe: $100,000
Jane Doe, P.O.D. to John Doe: $100,000
John and Jane Doe, P.O.D. to Baby Doe 1, Baby Doe 2, and Baby Doe 3: $600,000
John and Jane Doe, P.O.D. to Grandchild Doe 1, Grandchild Doe 2, and Grandchild Doe 3: $600,000

* This is a brief summary of some of the FDIC deposit insurance rules. Depositors should consult with their legal advisers and with the FDIC website (www.fdic.gov) prior to establishing different bank accounts or changing the title of an existing bank account to maximize deposit insurance.

ICBA: Insured Deposits are Safe at a Community Bank

Washington, D.C. (July 2008)—The Independent Community Bankers of America (ICBA) and First Community Bank and Trust remind community banking customers that their insured deposits are safe and backed by the full faith and credit of the federal government through the Federal Deposit Insurance Corporation (FDIC).

“We understand that during these difficult economic times some people are concerned about the safety of the money they have in their bank savings or retirement accounts, but they shouldn’t be,” said Greg Ohlendorf, President and CEO< First Community Bank and Trust. “The federal government has insured their funds held in an FDIC-insured community bank for up to $100,000 and $250,000 for certain retirement accounts.”

“Community banks are stable and well-capitalized,” said Cynthia L. Blankenship, ICBA chairman and vice chairman and chief operating officer of Bank of the West, Irving, Texas. “In spite of the headlines about the challenges facing Wall Street financial institutions, community banks are open for business and our customers can bank with confidence knowing their money is safe because it is insured by the FDIC. Since the FDIC was founded in the 1930s, no one has ever lost a penny of FDIC-insured funds.”

The FDIC insures deposits and protects depositors' funds in banks and savings associations. FDIC deposit insurance covers each depositor's account, dollar-for-dollar, up to the insurance limit, including principal and any accrued interest. Customers should look for an official FDIC sign at each teller window or teller station in their local community bank to know their institution is covered by FDIC insurance.

According to the FDIC, insurance covers all types of deposits received by a financial institution in its usual course of business, including savings and checking accounts, NOW accounts, Christmas club accounts, and time deposits like certificates of deposit. Cashiers' checks, officers' checks, expense checks, loan disbursement checks, interest checks, outstanding drafts, negotiable instruments and money orders drawn on the institution are also considered deposits, and are protected by the FDIC.

“If you are having difficulties managing your finances, talk with your local community banker. Community banks are here to serve our communities,” said Blankenship. “Our relationships with our customers are very important to us. We want to keep our customers for the long-term.”

The FDIC's Electronic Deposit Insurance Estimator (EDIE) is an interactive application that can help you learn about deposit insurance and calculate the insurance coverage of your accounts. For more information on community banks, visit www.icba.org.

ICBA Offers Tips for Homebuyers

Work with Your Community Banker to Find the Mortgage That's Right for You

Washington, D.C. (May 27, 2008)—June is National Homeownership Month and the nearly 5,000 members of the Independent Community Bankers of America (ICBA) help millions of Americans in communities throughout the country to become and stay homeowners each year through the personal attention that only a local community bank can provide.

"Community bankers want to establish long-term relationships with their customers and take the extra steps necessary to give potential homebuyers the service and attention they need," said Cynthia Blankenship, ICBA chairman and vice chairman of Bank of the West, Irving, Texas. "We are not only interested in helping a homebuyer purchase a home, but in helping them find a mortgage they can live with so they stay in the home as long as they want to. And in today's challenging mortgage marketplace, community banks are stable, common sense lenders with money available to lend and a good source for families to turn to for their home financing needs."

In addition to working with a community banker, ICBA offers the following suggestions:

Know your budget: how much you spend on rent, utilities, entertainment, clothing, food and transportation.
Organize paperwork: pay stubs, W-2 forms, tax returns, and bank and investment statements.
Check your credit report and bring it to your community banker. Credit reporting agencies must give you one free report annually.
Work with your community banker to find out how much you can borrow and which mortgage is right for you.
Get pre-approved. It helps you shop for a home that fits your budget and shows sellers you are a serious buyer who can close on a home quickly.
Learn as much as you can about the home buying process. Your community banker can help explain it to you. Look for classes on home buying and home maintenance. There are free online educational tools at www.hud.gov, www.federalreserve.gov/consumers.htm.
Investigate if there are special first-time homebuyer loan or grant programs available to assist with down payment and closing costs.
Ask your loan officer to carefully explain the wide variety of mortgage options available including rate adjustments and other loan features so that you aren't surprised by payment increases down the road. Don't be taken in by promises of low payments and 100 percent financing.
Request a written good faith estimate to compare the real costs of your mortgage. It will tell you what your interest rate, monthly payment and closing costs will be.
Attend real estate open houses to learn what you are getting for your money and what fits your budget.

For more information about ICBA Homeownership Month, visit www.icba.org.

President & C.E.O. Ohlendorf Participates in ICBA Washington Policy Summit (May 2008)

Washington, D.C. (May 2, 2008)—Greg M. Ohlendorf, President & C.E.O., First Community Bank and Trust participated in two days of Congressional visits as part of the Independent Community Bankers of America (ICBA) Washington Policy Summit held April 28 and 29 in the nation’s capital.

“Personal contact with lawmakers is one of the most effective ways to educate members of Congress about the issues facing community bankers and the communities they serve back home,” said Cynthia L. Blankenship, ICBA chairman and vice chairman and chief operating officer of Bank of the West, Irving, Texas, who also participated in the event. “Bringing ICBA member community bankers to Washington to talk one-on-one with their representatives is a key to ensuring the community banking perspective is considered in legislative initiatives.”

“Visiting our representatives in the nation’s capital enables you to make a personal connection and demonstrate commitment to community banking because you’ve taken the time and made the effort to visit them in Washington, D.C.,” said Greg. “It’s important to our communities to make our voice heard in Washington and meaningful for our congressmen and senators to hear from the voters back home.”

Each year, the ICBA Washington Policy Summit brings community bankers from across the country to Washington, D.C., to meet with their federal legislators and discuss a wide range of legislative issues that affect community banking. This year, ICBA and community bankers discussed issues like maintaining the separation of banking and commerce, keeping the Farm Credit Banks focused on farm lending, fighting for competitive equity with tax-exempt credit unions, reducing the regulatory and tax burden on community banks, and preserving competition and consumer choice in credit card markets.

For additional information about ICBA’s policy priorities, visit www.icba.org.

About ICBA
The Independent Community Bankers of America, the nation’s voice for community banks, represents nearly 5,000 community banks of all sizes and charter types throughout the United States and is dedicated exclusively to representing the interests of the community banking industry and the communities and customers we serve. For more information, visit www.icba.org.

First Community Bank and Trust receives 59th consecutive quarterly 5-Star rating (May 2008)

April 2008: BauerFinancial, Inc. of Coral Gables, FL, the nation’s leading independent bank rating and research firm, is proud to announce that First Community Bank & Trust, Beecher, Illinois has once again achieved its highest 5-Star rating. The 5-Star rating is based on the overall financial picture of the bank and indicates that First Community Bank & Trust is one of the strongest banks in the nation. This quarter represents the 59th consecutive time that First Community Bank & Trust has earned this highest honor. Institutions like First Community Bank & Trust, that have achieved a 5-Star rating for ten years or longer, have yet another distinction: “Exceptional Performance Bank”. Only 15% of the nation’s banks are branded as such.

“The times are changing and fewer banks are qualifying for this top rating, but our rigorous standards remain,” boasts Karen L. Dorway, president of BauerFinancial. “You should be proud to know your local bank, First Community Bank & Trust, can claim this highest honor and be confident to call it your bank.”

First Community Bank & Trust was established in 1916 and has been steadfastly serving the financial needs of its neighbors and friends for 92 years. It operates through two conveniently located offices in Beecher and Peotone and can be found on the internet at www.firstcbt.com.

First Community Bank & Trust: “Leading with Integrity, Excellence and Innovation”

For more information on First Community Bank & Trust or contact Karen Dorway directly at 800.388.6686 or e-mail her at kdorway@bauerfinancial.com.

Karen L. Dorway, President
BAUERFINANCIAL, Inc.
1.800.388.6686
1.800.230.9569
www.bauerfinancial.com
kdorway@bauerfinancial.com

ICBA: Insured Deposits Are Safe at a Community Bank (Apr 2008)

Washington, D.C. (April, 2008)—The Independent Community Bankers of America (ICBA) and First Community Bank and Trust remind community banking customers that their insured deposits are safe and backed by the full faith and credit of the federal government through the Federal Deposit Insurance Corporation (FDIC).

“We understand that during these difficult economic times some people are concerned about the safety of the money they have in their bank savings or retirement accounts, but they shouldn’t be,” said First Community Bank and Trust. “The federal government has insured their funds held in an FDIC-insured community bank for up to $100,000 and $250,000 for certain retirement accounts.”

Good Neighbor Business of the Year Award Lisa Dugan, Representative, Illinois 79th District awards First Community Bank and Trust (Apr 2008)

Read the entire Illinois House of Representatives Resolution 987

Illinois State Representative Lisa Dugan, representative of the 79th District, presented First Community Bank and Trust of Beecher with her first “Good Neighbor Business of the Year” Award. This award, which was adopted by the Illinois House of Representatives at the Ninety-Fifth General Assembly, recognizes a business that goes above and beyond providing goods and/or services to the communities it serves. First Community Bank and Trust was nominated by George O’Bradovich, superintendent of the Beecher school district.
In presenting the award to bank President Greg M. Ohlendorf, Rep. Dugan cited the bank’s long-term involvement in Beecher’s annual Fourth of July celebration, its unwavering support of the Beecher and Peotone School Districts, the respective Scholarship Associations and Education Foundations of each of those school districts, and its facilitation in helping the Beecher Public Library District establish their first permanent home in the bank’s former location in downtown Beecher. She also noted the commitment of bank officers and employees in serving on the boards of many local organizations and the bank’s financial support of numerous local organizations including the Beecher Chamber of Commerce, the Peotone Chamber of Commerce, the Beecher Beautification Commission, Amvet’s Ladies Auxiliary, Sportsman’s Club, 4-H clubs, and many community athletic teams.

A strong advocate of business/community partnerships, Dugan initiated this award to acknowledge those businesses which give back to the communities that support them. Over 37 businesses in her district were nominated for this award. Rep. Dugan commented that each of the businesses nominated should be proud of their contributions and for being nominated for this award. However, after her business advisory committee members carefully reviewed each of the nominations, she said “it became overwhelmingly clear” that the winner of the award was First Community Bank and Trust.

First Community Bank and Trust receives 58th consecutive quarterly 5-Star rating (Feb 2008)

February 2008: First Community Bank & Trust, Beecher, Illinois is proud to announce it has once again achieved a 5-Star rating from BauerFinancial, Inc. of Coral Gables, FL, the nation’s leading independent bank rating and research firm. Based on the financial condition of the bank, the 5-Star rating indicates that First Community Bank & Trust is one of the strongest banks in the country. This quarter represents the 58th consecutive time that First Community Bank & Trust has earned this highest rating which earns it the added prestige of being an “Exceptional Performance Bank” (for earning this highest honor for ten years or longer). Fewer than 16% of the nation’s banks can claim this distinction.

“We are all aware of the problems in the banking industry these days,” says Karen L. Dorway, president of BauerFinancial. “Consumers need to know there are still well-run banks, like First Community Bank & Trust, that continue to shine even when times are tough. First Community Bank & Trust puts safety and soundness ahead of all else, making it an ideal place to put your deposits.”

Established in 1916, First Community Bank & Trust has been serving the financial needs of its neighbors and friends for 92 years. It operates through two conveniently located offices in Beecher and Peotone and can be found on the internet at www.firstcbt.com.

First Community Bank & Trust: “Leading with Integrity, Excellence and Innovation”

For more information on First Community Bank & Trust or contact Karen Dorway directly at 800.388.6686 or e-mail her at kdorway@bauerfinancial.com.

Karen L. Dorway, President
BAUERFINANCIAL, Inc.
1.800.388.6686
1.800.230.9569
www.bauerfinancial.com
kdorway@bauerfinancial.com

2007 Press Releases

Is It Time to Refinance Your Adjustable-Rate Mortgage? (Dec 2007)

Beecher, IL (Dec. 8, 2007)— The Independent Community Bankers of America (ICBA) and First Community Bank and Trust are calling attention to one smart strategy for homeowners with an adjustable-rate mortgage (ARM) scheduled to reset in the coming months: Talk to a local community bank about your refinancing options.

“In our area, some homeowners will soon face – if they haven’t already – the possibility of their adjustable-rate mortgage resetting to a higher mortgage interest rate, increasing their monthly payment,” said Greg Ohlendorf, President and CEO of First Community Bank and Trust. “If you are one of those homeowners, it may be time to consider talking to your local community bank about your refinancing options.”

Community banks succeed by building strong long-term relationships with their customers. Borrowers can count on their community bank to work hard to find the best mortgage loan for their particular circumstances, and that includes refinancing a difficult mortgage a borrower might already have. Community banks work with their customers to make sure they can not only afford to buy the home of their dreams, but also stay in their home.

The nation’s community banks are weathering the current credit storm because they are well-run, highly capitalized and among the most highly regulated financial institutions in the country. While over the past few years some lenders stretched underwriting standards, community bankers never strayed from common sense underwriting and today can offer borrowers sound mortgage options.

“Homeowners do need to think carefully about refinancing,” said James P. Ghiglieri, Jr., ICBA chairman and president of Alpha Financial Group, Inc., Toluca, Ill. “Everyone’s situation is different, and there are a number of considerations homeowners must think about before refinancing including the length of time they plan to stay in their home, how fluctuations in home prices may affect their equity and whether the money saved by avoiding a reset to a higher rate offsets the closing costs of refinancing.

Refinancing a mortgage is not unlike getting a new mortgage. Community bank lenders will ask for a loan application, credit history, property value, level of equity and other required data. “But the first step is to check in with your local community banker,” Ghiglieri said. “We’ll work with you to find the mortgage that is right for you.”

About ICBA
The Independent Community Bankers of America, the nation’s voice for community banks, represents the largest constituency of community banks of all sizes and charter types in the nation, and is dedicated exclusively to representing the interests of the community banking industry.

Community Banks Unaffected Amid Talk of National Credit Crunch (Dec 2007)

Washington, D.C. (Dec. 8, 2007)— First Community Bank and Trust, a member of the Independent Community Bankers of America (ICBA), which represents 5,000 community banks nationwide, said today that community banks remain a stable source of mortgage and small business loans even as the national mortgage market is being buffeted by talk of a credit crunch.

“Despite talk of a credit crunch, the truth is community banks are open for business,” said Greg Ohlendorf, President & CEO of First Community Bank and Trust. “Community banking is a relationship-oriented business. First Community Bank and Trust is here for our community to not only help families get a mortgage loan, but help them get a mortgage loan they can afford for the long-term. We won’t put a family in a home they can’t afford to keep.”

“Wall Street may be suffering but Main Street’s community banks are in solid shape and open for business,” said Camden Fine, ICBA president and CEO. “Community banks are the foundation of our nation’s diversified financial system. A credit crunch like we’re seeing now is exactly why the nation needs the community banking industry – to ensure that credit remains consistently and widely available in good times and bad. Today, consumers and communities can continue to rely on community banks for their financial needs.”

Fine added that the community banking business is weathering this latest crisis in the mortgage market because community banks are well run, highly capitalized and among the most highly regulated financial institutions in the country.

Notably, community banks provide a stable and reliable source of mortgage money, whether they sell mortgage loans into the secondary market or hold them on their own books. ICBA reports that nearly 90 percent of mortgages made through community banks that do business with ICBA Mortgage, an ICBA subsidiary, are owner-occupied homes. They also have a delinquency rate that is below the national rate for one-to-four-unit residential properties, an indication of the conservative financial principles community banks hold.

Good Credit is Key to Solid Financial Future First Community Bank and Trust & ICBA Offer Tips for Consumers to Maintain Good Credit (Dec 2007)

Washington, D.C. (Dec. 8, 2007)— The Independent Community Bankers of America (ICBA) and First Community Bank and Trust urge consumers to practice smart saving and spending habits to help establish good credit and serve as the foundation for a more secure financial future. Good credit is essential to qualify for a mortgage to buy your first home, to obtain financing to help pay for large purchases or to finance the purchase of a car.

“Having credit can help you achieve your financial goals and a good credit history is key to any financial plan,” said Greg Ohlendorf, President and CEO of First Community Bank and Trust. “Establishing good credit involves demonstrating stability: staying in a job for a while, living at the same address, having your name on utility bills and paying them and all your bills on time. All are important to establishing good credit history.”

ICBA offers consumers tips on how to establish and maintain a good credit history.

Develop and follow a budget.
Open a savings account and contribute to it regularly.
Open a checking account.
Put your name on utility bills and pay them on time.
Have your phone number listing in your name.
Pay all your bills on time.
Obtain a credit card, use it for small purchases, and pay it off within a month or two.
Build an emergency fund equal to at least three-to-six months of living expenses so that if the unexpected happens, you can still pay fixed expenses.

“The key to building good credit is to stick to your budget and to practice good saving and spending habits so you build a track record of regular payments and savings,” said Ohlendorf.

“A great resource to help you get started on the road to establishing good credit is to develop a relationship with your local community bank. Many community banks offer programs within their communities to help consumers understand how to manage their finances. Community banking is a relationship business. We work with our customers every day and throughout their lifetimes to provide financial services. We are common sense lenders.”

Learn more about establishing good credit as well as other topics in financial literacy at www.firstcbt.com or www.icba.org.

ICBA Offers Tips for Homebuyers Work with Your Community Banker to Find the Mortgage That’s Right for You (Dec 2007)

Washington, D.C. (Dec. 8, 2007) —The nearly 5,000 members of the Independent Community Bankers of America (ICBA) help millions of Americans in communities throughout the country to become and stay homeowners each year through the personal attention that only a local community bank can offer.

“Talking first to a community banker is a great idea,” said James P. Ghiglieri, Jr. ICBA chairman and president of Alpha Community Bank, Toluca, Ill. “Community bankers want to establish long-term relationships with their customers and take the extra steps necessary to give potential homebuyers the service and attention they need. We are not only interested in helping a homebuyer purchase a home, but in helping them find a mortgage they can live with so they stay in the home as long as they want to.”

In addition to working with a community banker, ICBA offers the following suggestions:

Know your budget: how much you spend on rent, utilities, entertainment, clothing, food and transportation.
Organize paperwork: pay stubs, W-2 forms, tax returns, and bank and investment statements.
Check your credit report and bring it to your community banker. Credit reporting agencies must give you one free report annually.
Work with your community banker to find out how much you can borrow and which mortgage is right for you.
Get pre-approved. It helps you shop for a home that fits your budget and shows sellers you are a serious buyer who can close on a home quickly.
Learn as much as you can about the home buying process. Your community banker can help explain it to you. Look for classes on home buying and home maintenance. There are free online educational tools at www.hud.gov, www.federalreserve.gov/consumers.htm.
If you are a first time homebuyer, ask if there are special first time homebuyer loan programs available, or grant programs to assist with down payment and closing costs.
Consumers have a wide variety of mortgages to choose from. Ask your loan officer to carefully explain payment options, rate adjustments and other loan features so that you aren’t surprised by payment increases down the road. Don’t be taken in by promises of low payments and 100 percent financing.
Always ask for a written good faith estimate to compare the real costs of your mortgage. It will tell you what your interest rate, monthly payment and closing costs will be.
Visit homes to learn what you are getting for your money and what fits your budget.

First Community Bank and Trust receives 57th consecutive quarterly 5-Star rating (Nov 2007)

November 2007: Coral Gables, FL. BauerFinancial, Inc., the nation’s leading independent bank rating and research firm, proudly announces that First Community Bank & Trust, Beecher, Illinois has earned another 5-Star Superior rating, our highest award, for the 57th consecutive quarter. In addition, First Community Bank & Trust has the added distinction of being an “Exceptional Performance Bank” for having earned this highest honor for ten years or longer. The 5-Star rating is based on the financial condition of the bank and indicates that First Community Bank & Trust is one of the strongest banks in the country.

“First Community Bank & Trust’s ability to earn our 5-Star Superior rating time and again speaks to its strength, stability and longevity,” said Karen L. Dorway, president of the research firm. “In a banking environment that is struggling with loan quality and delinquencies, it is an honor and a pleasure to recognize First Community Bank & Trust and the values it represents.”

First Community Bank & Trust has been serving the financial needs of its neighbors and friends for 91 years. Established in 1916, it currently operates through two conveniently located offices in Beecher and Peotone and can be found on the internet at www.firstcbt.com.

First Community Bank & Trust: “Leading with Integrity, Excellence and Innovation”

For more information on First Community Bank & Trust or contact Karen Dorway directly at 800.388.6686 or e-mail her at kdorway@bauerfinancial.com.

Karen L. Dorway, President
BAUERFINANCIAL, Inc.
1.800.388.6686
1.800.230.9569
www.bauerfinancial.com
kdorway@bauerfinancial.com

First Community Bank and Trust receives 56th consecutive quarterly 5-Star rating (Sep 2007)

August 2007: BauerFinancial, Inc., the nation’s leading independent bank rating and research firm, is pleased to announce that First Community Bank & Trust, Beecher, Illinois has earned its highest 5-Star rating for safety and soundness. This is the 56th consecutive quarter that First Community Bank & Trust has merited this highest honor earning it the added distinction of being an “Exceptional Performance Bank” for having earned this highest distinction for ten years or longer. The 5-Star rating is based on the financial condition of the bank and indicates that First Community Bank & Trust is one of the strongest banks in the country.

“We credit 5-Star community banks, like First Community Bank & Trust, for their ability to shine even in this challenging economic environment,” remarks Karen Dorway, president of the research firm. “With a tradition of dedication to its community, you can be assured that protecting your assets is First Community Bank & Trust’s top priority.”

Established in 1916, First Community Bank & Trust has been serving the financial needs of its neighbors and friends for 91 years. It operates through two conveniently located offices in Beecher and Peotone and can be found on the internet at www.firstcbt.com.

First Community Bank & Trust: “Leading with Integrity, Excellence and Innovation”

BauerFinancial, Inc., Coral Gables, Florida, the nation’s leading independent bank rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No bank pays for its rating, nor can any bank elude it. Consumers may obtain free star-ratings by calling 800.388.6686 or visiting www.bauerfinancial.com.

For more information on First Community Bank & Trust or contact Karen Dorway directly at 800.388.6686 or e-mail her at kdorway@bauerfinancial.com.

Karen L. Dorway, President
BAUERFINANCIAL, Inc.
1.800.388.6686
1.800.230.9569
www.bauerfinancial.com
kdorway@bauerfinancial.com

ICBA Offers Financial Tips to Prepare For an Emergency (Aug 2007)

Washington, D.C. (Aug. 30, 2007) — September is National Preparedness Month and the Independent Community Bankers of America (ICBA) has some tips to help individuals put their banking and financial documents in order to prepare for an emergency or unexpected event.

“While the first priority is the physical safety and well-being of you and your family, having your banking and financial papers in order can lighten your burden during a time of duress,” said James P. Ghiglieri, Jr., ICBA chairman and president of Alpha Community Bank, Toluca, Ill. “Experience tells us that families need to be ready with a financial preparedness plan and pulling one together is something you can do now.”

ICBA offers the following tips to help consumers prepare before an emergency occurs.

Keep marriage and family records, including adoption papers, property deeds, birth certificates, wills, insurance policies, passports, social security cards, immunization records, credit card account numbers, car titles or lease contracts, bank and investment account numbers, and three years of tax returns in a safe-deposit box. Place each document in a plastic bag that can be sealed to keep out moisture.
Safeguard official copies of critical documents such as birth certificates, adoption papers, marriage certificates and the deed to your home with an attorney or in a safe deposit box.
Inventory and keep a list and photographs of household valuables.
Start and regularly contribute to an emergency fund that can cover at least three to four months of expenses. This fund should be separate from your savings or investment account.
Stash extra cash with your emergency kit, which should include a three-day supply of water and food, first- aid kit, can opener, flashlights, radio and extra batteries, or a battery-free radio.
Notify a trustee, close relative or attorney where important financial information is located.
Identify the records that you keep only on your computer. They may not be available if electrical power fails, so make a printout and safeguard them.
Keep names and contact numbers for executors, trustees and guardians in a safe place, possibly in your safe deposit box or with a close relative.
The Internet can serve as a supplement to paper copies. Scanned or other electronic documents can be attached to e-mails and stored in your e-mail account, or with secure online backup services.

National Preparedness Month is a nationwide effort marked each September to encourage Americans to take steps to prepare for emergencies at home, at school and at work. For more information and resources visit the consumer education and resources section of www.icba.org or www.ready.gov.

About ICBA
The Independent Community Bankers of America, the nation’s voice for community banks, represents 5,000 community banks of all sizes and charter types throughout the United States and is dedicated exclusively to representing the interests of the community banking industry and the communities and customers we serve. For more information, visit www.icba.org.

First Community Bank and Trust/ICBA Caution Public on Fradulent Cashier's Checks (Jun 2007)

Beecher, Illinois, June 5, 2007 -- First Community Bank and Trust and the Independent Community Bankers of America (ICBA) are cautioning the public and businesses alike to be on the lookout for fraudulent cashier’s checks.

“In 2006, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency issued a record number of alerts to banks regarding fraudulent or counterfeit cashier’s checks,” said Viveca Ware, ICBA director of payments and technology policy. “Fraudsters are capitalizing on the mass availability of inexpensive color copiers to create doctored copies of genuine or phony cashier’s checks. This technology combined with selling goods over the Internet provides fraudsters with a fertile environment.”

“Customers can protect themselves by keeping an eye out for a few key warning signs that indicate a cashier’s check might be fraudulent,” said Greg Ohlendorf, President & CEO of First Community Bank and Trust. These include never taking a cashier’s check if:

It’s for more than an item’s purchase price. Fraudsters often invent various reasons to explain why they are spending more than the purchase amount;
It’s from a party other than the buyer or on behalf of someone else;
It’s from “friends” hard on their luck; and,
It’s from parties offering a quick, easy way to make extra money. If it sounds too good to be true, it is.

Ware also notes that banks may place longer holds on deposited cashier’s checks when there is reason to suspect fraud. “This may seem like an inconvenience, but the bank is really looking out for the best interest of their customer. The customer, not the bank, bears the burden of any losses resulting from deposited checks. If the check were found to be counterfeit, the inconvenience would have been well worth the wait,” said Ware.

Consumers can take precautions to discourage fraudsters. Among these:

Request a wire transfer rather than a cashier’s check. Provide account transfer information directly to the sending bank.
Ask your bank to send the cashier’s check for collection, rather than directly depositing the check into an account.
Meet the buyer at the buyer’s bank to obtain payment and transfer property ownership after receiving a cashier’s check directly from the buyer’s bank.
Be sure to obtain a cashier's check drawn on a local bank or a bank with a local branch.
Keep a copy of the cashier’s check for quick reference.
Additional resources are available by visiting www.icba.org/goto/fraud.

Office eTeller: Technology Makes Business Banking a Breeze (May 2007)

The way businesses bank has changed drastically over the years, thanks in no small part to the many advances in technology, including computer hardware and software and electronic banking abilities. The banking industry has capitalized on these advancements by offering products and services which allow businesses to conduct virtually all of their banking activities right from the office or home.

One such product is Office eTeller – a check scanning system that allows the user to scan check payments and deposit them into their bank account without ever setting foot in the bank. The scanned check images are sent via the Internet to the bank, which processes and files them with the Federal Reserve Bank. Deposits can be made as often and whenever needed – 24 hours a day, seven days a week, even weekends.

Another advantage is the amount of time saved when preparing the deposits. After scanning the checks, the software automatically reads the items and totals the deposits. This saves the time and effort of writing out lengthy deposit slips by hand and reduces calculation errors. Additionally, deposits can be made into multiple accounts. Businesses with multiple locations also benefit from the ability to make deposits from any office or location. This streamlines cash flow by consolidating deposits from multiple locations into a single bank.

The faster check clearing abilities of this system also helps to reduce the risk of returned checks and check fraud by allowing the user to act sooner on returned checks. This can significantly increase opportunities for collection.

Office eTeller is available exclusively at First Community Bank and Trust in Peotone and Beecher. For more information about Office eTeller or any other bank products or services, please contact Steve Koehn at 708.946.2246 or Marty Schmidt at 708.258.0530. First Community Bank and Trust is a privately owned bank. Established in 1916 (originally Farmers State Bank of Beecher) First Community Bank and Trust has served its local communities for 91 years. First Community Bank and Trust is committed to providing its customers with traditional community banking service, including mortgage, consumer, and commercial lending, as well as offering each customer a high-touch, high-tech banking experience with the ability to bank 24 hours a day, 7 days a week.

First Community Bank and Trust receives 55th consecutive quarterly 5-Star rating (May 2007)

May 2007: First Community Bank & Trust, Beecher, Illinois, has earned a 5-Star rating by BauerFinancial, Inc., the nation’s leading independent bank rating and research firm. In fact, this is the 55th consecutive quarter that First Community Bank & Trust has merited this highest honor. The 5-Star rating is based on the financial condition of the bank and indicates that First Community Bank & Trust is one of the strongest banks in the country. First Community Bank & Trust has the added distinction of being an “Exceptional Performance Bank” for having earned this highest distinction for ten years or longer.

“There is an old adage that community banks, like First Community Bank & Trust, are a mirror of their marketplace,” declares Karen Dorway, president of the research firm. “That’s because community bankers understand the local market. They have to. They are an integral part of it; not just there to make a profit, their objective is to make a positive impact on the community.”

First Community Bank & Trust was established in 1916 and has been serving the financial needs of its neighbors and friends for 91 years. It operates through two conveniently located offices in Beecher and Peotone and can also be found on the internet at www.firstcbt.com.

First Community Bank & Trust: “Your Friends in the Neighborhood!”

BAUERFINANCIAL, INC., Coral Gables, Florida, the nation’s leading independent bank rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No bank pays for its rating, nor can any bank elude it. Consumers may obtain free star-rating reports by calling 800.388.6686 or visiting www.bauerfinancial.com.

For more information on First Community Bank & Trust or contact Karen Dorway directly at 800.388.6686 or e-mail her at kdorway@bauerfinancial.com.

Karen L. Dorway, President
BAUERFINANCIAL, Inc.
1.800.388.6686
1.800.230.9569
www.bauerfinancial.com
kdorway@bauerfinancial.com

First Community Bank and Trust receives 54th consecutive quarterly 5-Star rating (Mar 2007)

March 2007: BAUERFINANCIAL, Inc., the nation’s leading independent bank rating and research firm, proudly recognizes First Community Bank and Trust, Beecher, Illinois’s 54th consecutive achievement of a 5-Star rating. The 5-star rating, BAUERFINANCIAL’s highest honor, is based on the financial condition of the bank and indicates that First Community Bank and Trust is one of the strongest banks in the country. First Community Bank and Trust has the added distinction of being an “Exceptional Performance Bank” for having earned this highest rating for a minimum of ten straight years.

“There are many ways to measure a bank’s success,” comments Karen Dorway, president of the research firm. “At BAUERFINANCIAL we analyze the past and present financial condition of the bank to ensure that taking care of depositors is a top priority. We factor in a myriad of ratios and calculations based on regulatory reports filed by the bank each quarter. And based on our analyses, this award is well earned by First Community Bank and Trust,” she extols.

Established in 1916, First Community Bank and Trust has been serving the financial needs of its neighbors and friends for 91 years. It currently operates through two conveniently located offices in Beecher and Peotone and can be found on the internet at www.firstcbt.com.

First Community Bank & Trust: “Your Friends in the Neighborhood!”

For more information on First Community Bank & Trust or contact Karen Dorway directly at 800.388.6686 or e-mail her at kdorway@bauerfinancial.com.

Karen L. Dorway, President
BAUERFINANCIAL, Inc.
1.800.388.6686
1.800.230.9569
www.bauerfinancial.com
kdorway@bauerfinancial.com

2006 Press Releases

First Community Bank and Trust receives 53rd consecutive quarterly 5-Star rating (Nov 2006)

December 2006: BauerFinancial, Inc., the nation’s leading independent bank rating and research firm, is pleased to announce that First Community Bank & Trust, Beecher, Illinois has been awarded its highest rating (5-Stars) for strength and stability. By achieving this rating for 53 consecutive quarters, there can be no dispute that First Community Bank & Trust is one of the safest banks in the country. Having earned this distinction for ten years or more, First Community Bank & Trust has earned a spot in an even more exclusive category of Exceptional Performance Banks.

"It is always heartening to see a community bank that practices true relationship banking come out on top,” proclaims Karen Dorway, president of the research firm. “Through unwavering commitment to its customers and personal one-to-one banking, First Community Bank & Trust has distinguished itself from the Big Banks and come out ahead of the pack.”

First Community Bank & Trust has been dedicated to meeting the financial needs of its customers since 1916. It currently operates through two conveniently located offices in Beecher and Peotone and can be found on the internet at www.firstcbt.com.

First Community Bank & Trust: “Your Friends in the Neighborhood!”

BauerFinancial Inc., Coral Gables, Florida, is the nation’s leading independent bank rating firm. It has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. Consumers may obtain free star-ratings by calling 800.388.6686 or visiting www.bauerfinancial.com.

For more information on First Community Bank & Trust or contact Karen Dorway directly at 800.388.6686 or e-mail her at kdorway@bauerfinancial.com.

Karen L. Dorway, President
BAUERFINANCIAL, Inc.
1.800.388.6686
1.800.230.9569
www.bauerfinancial.com
kdorway@bauerfinancial.com

First Community Bank and Trust receives 52nd consecutive quarterly 5-Star rating (Aug 2006)

August 2006: First Community Bank & Trust, Beecher, Illinois, has earned the highest rating (5-Stars) for strength and stability from the nation's leading independent bank rating and research firm, BAUERFINANCIAL, Inc. By achieving this rating for 52 consecutive quarters, there can be no dispute that First Community Bank & Trust is one of the safest banks in the country. Banks like First Community Bank & Trust, that have earned this distinction for ten years or more, are placed in an even more exclusive category of Exceptional Performance Banks.

"Choosing a great community bank such as First Community Bank & Trust should be reassuring to anyone concerned not only with bank safety, but also with identity theft and privacy. Knowing that your name and face are recognized when you walk through the door somehow elicits a greater peace of mind," declares Karen Dorway, president of the research firm. "While no one can unconditionally guaranty your identity and privacy will be protected,
community banks, like First Community Bank & Trust, are certainly a good first line of defense."

First Community Bank & Trust: "Your Friends in the Neighborhood!"

For more information on First Community Bank & Trust or contact Karen Dorway directly at 800.388.6686 or e-mail her at kdorway@bauerfinancial.com.

Karen L. Dorway, President
BAUERFINANCIAL, Inc.
1.800.388.6686
1.800.230.9569
www.bauerfinancial.com
kdorway@bauerfinancial.com

First Community Bank and Trust receives 51st consecutive quarterly 5-Star rating (May 2006)

May 2006: BauerFinancial, the nation’s leading independent bank rating and research firm, proudly announces that First Community Bank & Trust, Beecher, Illinois, has achieved its highest 5-star superior rating for financial strength and stability. By achieving this rating, First Community Bank & Trust has proved once again that it is one of the safest banks in the country. In fact, having attained this highest rating consistently for 51 quarters, First Community Bank & Trust has secured a position among the ranks of Exceptional Performance Banks.

“By earning and retaining the highest 5-Star rating, First Community Bank & Trust continues to prove to its customers and the entire community that it is committed to their needs and security,” observed Karen Dorway, president of the research firm. “A community bank with community values and commitments is something the Big Banks imitate, but can never seem to replicate,” she continued.

First Community Bank & Trust: “Your Friends in the Neighborhood!”

For more information on First Community Bank & Trust or contact Karen Dorway directly at 800.388.6686 or e-mail her at kdorway@bauerfinancial.com.

Karen L. Dorway, President
BAUERFINANCIAL, Inc.
1.800.388.6686
1.800.230.9569
www.bauerfinancial.com
kdorway@bauerfinancial.com

Named leading member for FDIC insurance service CDARS (Mar 2006)

Beecher, IL, March 5, 2006 – Today, Promontory Interfinancial Network named First Community Bank and Trust a “Network Leader” for annual volume placement by using CDARS in 2005.

First Community Bank and Trust’s deposits placed through CDARS ranked in the top 10% of network member institutions. Over 1,000 banks are part of the network.

First Community Bank and Trust joined the network in March of 2003. “Since we began offering CDARS, we have had total deposit growth over $15 million,” commented Greg Ohlendorf, President and C.E.O. of First Community Bank and Trust.

With CDARS, First Community Bank and Trust is able to offer customers the convenience of working with one bank, negotiating one rate for all CDs, and receiving one consolidated statement. Currently, through CDARS, customers can access up to $25 million in FDIC insurance by placing their deposits into smaller-denomination CDs with other banks.

“Our customers have been very happy using the CDARS service. They can access security, convenience, and CD-level rates working directly with our bank – on deposits up to $25 million. CDARS has been a great tool for building our customer relationships,” said Ohlendorf.

Promontory’s Chief Executive Officer, Gene Ludwig said: “CDARS continues to help banks manage their balance sheet in many ways – allowing banks to generate deposits or to offload unneeded assets. By offering CDARS, our members can meet their own needs as well as provide customers with a unique service. We commend our Network Leaders for their impressive efforts with CDARS.”

About Promontory Interfinancial Network: Based in Arlington, VA, Promontory Interfinancial Network was founded in 2002 by former Comptroller of the Currency Eugene Ludwig and other leading figures in the banking industry to develop and provide creative solutions to issues confronting bank management. To learn more about Promontory, go to www.promnetwork.com. To learn more about CDARS, go to www.cdars.com.

First Community Bank and Trust receives 50th consecutive quarterly 5-Star rating (Feb 2006)

BauerFinancial, the nation’s leading independent bank rating and research firm, is pleased to announce that First Community Bank & Trust, Beecher, Illinois has achieved its highest 5-star superior rating for financial strength and stability. This rating indicates that First Community Bank & Trust is one of the safest banks in the country, and has been for 50 consecutive quarters. What’s more, having attained this highest rating consistently for ten years or longer, First Community Bank & Trust has garnered a spot in the even more impressive group of Exceptional Performance Banks.

“Earning a 5-Star rating is in itself an outstanding achievement – evidence of consistently sound management, financial strength and performance,” said Karen L. Dorway, president of the research firm. “Earning 5-Stars 50 consecutive times is really something to be proud of,” she continued. “When a local bank achieves the 5-Star rating, it is a reflection of not only the bank, but the community it serves and its commitment to that community. Mr. Greg M. Ohlendorf, CEO of First Community Bank & Trust, should be very proud of his 5-Star team and their accomplishment.”

First Community Bank & Trust: “Your Friends in the Neighborhood!”

For more information on First Community Bank & Trust or contact Karen Dorway directly at 800.388.6686 or e-mail her at kdorway@bauerfinancial.com.

Karen L. Dorway, President
BAUERFINANCIAL, Inc.
1.800.388.6686
1.800.230.9569
www.bauerfinancial.com
kdorway@bauerfinancial.com

2005 Press Releases

First Community Bank and Trust receives 49th consecutive quarterly 5-Star rating (Nov 2005)

November 2005: BauerFinancial, the nation’s leading independent bank rating firm, proudly announces that First Community Bank & Trust, Beecher, Illinois has earned its highest 5-star superior rating for the 49th consecutive quarter. Having earned this prestigious rating consistently for ten years or longer, First Community Bank & Trust is positioned into the even more impressive group of Exceptional Performance Banks.

“This award, based on our analysis of current financial data as well as historical data, is an award of merit, pure and simple, and First Community Bank & Trust has earned it,” stated Karen Dorway, president of the research firm. “Unlike some industries in which ratings can be purchased, BauerFinancial adheres to a strict set of financial standards in assigning its ratings. No bank pays for its rating, nor can any bank elude it,” she continued.

Established in 1916, First Community Bank & Trust has been committed to the needs of its neighbors and friends for 89 years. It currently operates through two conveniently located offices in Beecher and Peotone and can be found on the internet at www.firstcbt.com.

First Community Bank & Trust: “Your Friends in the Neighborhood!”

For more information on First Community Bank & Trust or contact Karen Dorway directly at 800.388.6686 or e-mail her at kdorway@bauerfinancial.com.

Press Contacts:
Steven D. Koehn, Assistant Vice President
First Community Bank and Trust
708.946.2246
skoehn@firstcbt.com

Karen L. Dorway, President
BAUERFINANCIAL, Inc.
1.800.388.6686
1.800.230.9569
www.bauerfinancial.com
kdorway@bauerfinancial.com

Debit MasterCard has a new look! (Oct 2005)

In October of 2005, our Debit MasterCard acquired a new look but will continue to offer the same powerful features as before. The card now features a hologram image with the word Debit embedded in it. This change was mandated by the MasterCard Corporation to comply with their card usage regulations.

What does this mean for you? You can continue to use your current card just like before: pay for purchases quickly or get cash instantly. Eventually, all Debit MasterCards issued through our bank will be replaced with the new card. Your PIN number and card number will not change.

At First Community Bank and Trust, we continually work to keep our products and services up to date. If you have any questions about this new card, please do not hesitate to call us. To obtain a Debit MasterCard, call either of our banking centers and speak with a new account representative. They will be happy to provide you with one of the most powerful financial tools around!

First Community Bank and Trust is a privately owned bank. Established in 1916 (originally Farmers State Bank of Beecher) First Community Bank and Trust has served its local communities for almost 90 years. First Community Bank and Trust is committed to providing its customers with traditional community banking service, including mortgage, consumer, and commercial lending, as well as offering each customer a high-touch, high-tech banking experience with the ability to bank 24 hours a day, 7 days a week.

First eBanc enhancements. Making on-line banking even easier. (Oct 2005)

It is now even easier to navigate through your account information in First eBanc! Simply move your cursor over the grey account information buttons and the accessible menus will automatically drop down. Then, you can follow them further to the right for more choices. No need to click on an account to gain access to First ePay anymore – simply place your cursor over the “Accounts” button and follow the drop down menus to access First ePay.

Moving around inside a document has also become easier. When viewing lengthy statements, new scrolling arrows in the upper and lower right corner next to the printer icon allow you to quickly move from the top of the document to the bottom and back with ease!

At First Community Bank and Trust, we are continually updating our products and services to make your banking experiences positive. We are proud to be the leaders in banking technology.

Bank employee, Dorothy Bernhard, celebrates 50 years in banking (Oct 2005)

In 1955, a computer filled an entire building, carbon paper served as copiers, and the complete paperwork for a loan consisted of a half sheet of paper and a handshake. Very few people in the banking industry remember those days – Dorothy Bernhard is one of those few. She began her banking career as a bookkeeper in 1955 at First State Bank and joined Farmers State Bank of Beecher (now First Community Bank and Trust) in 1959, where she has served as a Loan Officer for the past 20 years. She has outlasted two buildings, three bank presidents and employees too numerous to count.

“We are proud to honor Dorothy for her years of service not only to our bank, but to the industry as a whole,” said Greg Ohlendorf, president of First Community Bank and Trust. “It’s amazing to me how she has endured the many changes our industry has experienced and how well she has adapted to all of them.”

During her half-century of service, she has witnessed the total transformation of the banking industry. The most significant change, she says, has been the introduction of the computer to replace manual methods of processing bank transactions. “The advances in technology have become almost overwhelming, but it’s astonishing to think that we used to do everything by hand,” she recalls.

Another significant change has been the location of the bank. When Dorothy started with First Community Bank and Trust, the facility was at the corner of Reed and Penfield in Beecher, IL with eight employees. Over the next 15 years the bank’s growth required a move up the street to 660 Penfield in the building that now houses the Beecher Public Library. Then, in 2000, the bank once again grew out of its space and moved into its current location at 1111 Dixie Highway. “The moves were quite the ordeals”, she says. “I really loved the cozy atmosphere of our building at 660, but we just outgrew it.” Fortunately, she has found the new facility to be just as inviting. “We really are like one big family. We celebrate each other’s successes and comfort each other during difficult times. That is why it has been such a joy to work here for all of these years.”

Dorothy attributes her longevity to her overall good health, except for a bout with breast cancer in 1996. Although she missed a few days while recovering from surgery, she never missed a day while receiving post treatment. “I would go in early before work or on my day off (for treatment), but then come right back in to work. I very rarely miss a day of work.” Dorothy did take some time off after her daughter, Brenda, was born in 1968, but returned on a part-time basis soon after and resumed her full-time position a few years later.

Dorothy lives in Lowell, Indiana with Clifford, her husband of 42 years. They have one daughter, Brenda Johnson, and four grandchildren.

First Community Bank and Trust receives 48th consecutive quarterly 5-Star rating (Sep 2005)

August 2005: First Community Bank and Trust, Beecher, IL has been awarded BauerFinancial's 5-Star rating for the 48th consecutive quarter. BauerFinancial, the nation's leading independent bank rating firm, recognizes First Community Bank and Trust's past and present superior strength and performance through this prestigious award. (The award is based on an analysis of current financial data as supplied by federal regulators, supplemented by historical data.) Having earned this highest 5-Star rating consistently for at least ten years, First Community Bank and Trust has also earned the right to be called an Exceptional Performance Bank.

"Community banks like First Community Bank and Trust do not need to be reminded by the administration that we live in an ownership society", comments Karen Dorway, president of the research firm. "They are the cornerstone of that ownership. Without community bankers, like Mr. Greg M. Ohlendorf, CEO of First Community Bank and Trust, reaching out and lending to the families and small businesses in their area, most people would not have access to that ownership. First Community Bank and Trust and other community banks like it are an integral part of the foundation that makes America great."

First Community Bank & Trust has been serving the needs of its neighbors and friends in Will County for 89 years. Established in 1916, it currently operates through two conveniently located offices in Beecher and Peotone and can be found on the internet at www.firstcbt.com.

First Community Bank & Trust: “Your Friends in the Neighborhood!”

For more information on First Community Bank & Trust or contact Karen Dorway directly at 800.388.6686 or e-mail her at kdorway@bauerfinancial.com.

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