DESOTO, Ill. (WSIL) — Over the past year, residents of Desoto have had to drive out of town to meet their banking needs.
That changed with the official opening on Monday of the new Du Quoin State Bank branch on the site of the former First Mid Illinois bank.
“We were extremely lucky,” said village chairman Doug Hexamer.
In November 2020, First Mid informed the village that it would cease operations the following April. The leaders created a search committee which wrote letters to many banks asking if they were interested in opening a branch in town.
The bank’s president and CEO, Dan Fulk, said the city was a perfect fit for his operations.
“These people are very happy to have a bank they can call their own,” Fulk said. “We intend to work with them to make this community bank in Desoto.”
Hexamer, now a branch manager at the new bank after having held the same position at the old bank, says he did not expect to get such a quick response.
“With them, being able to bring hometown banking back to Desoto that Desoto was used to … is a perfect fit,” Hexamer said.
Residents like Judy Mezo had April 18 circled on their calendars in anticipation of the grand opening.
“I was overwhelmed. I kept asking ‘Are we going to have a new [bank]? Is anyone coming? “, Mezo said. “I love having a bank and a business in my hometown.
Fellow resident Fred House says it’s not only a perfect fit, it’s practical.
“We won’t have to drive to Carbondale anymore if we open our accounts here in Desoto,” House said. “It’s good to have a bank here.”
Bank hours are Monday to Wednesday from 8:30 a.m. to 3 p.m., Thursday from 8:30 a.m. to 12 p.m., Friday from 8:30 a.m. to 5 p.m. and Saturday from 8:30 a.m. to 12 p.m.