Business Details
Your Trusted Bank Since 1883
Philo Exchange Bank has served the community with dedication and excellence for over 142 years. Our unwavering commitment to financial strength and stability is demonstrated by our 5-star BauerFinancial rating for 115 consecutive quarters, making us one of the strongest banks in the nation. We take pride in fostering deep community connections through active participation in local events and initiatives, from annual Shred Day to Santa Breakfast celebrations. With a leadership team that exemplifies banking excellence, including CEO Kevin Rogers honored as 2024 Banker of the Year by the Illinois Bankers Association, we combine decades of expertise with personalized service.Judy Kirby's 50-year dedication to our institution underscores our culture of long-term commitment, creating a banking experience where clients feel valued and supported. Whether through mortgage services, loan programs, or innovative digital solutions like uChoose Rewards and digital wallet integration, we maintain a customer-centric approach that prioritizes transparency and financial well-being. Our history exhibit at the Champaign County History Museum showcases our enduring legacy while we continue developing modern banking solutions for future generations.
Services
Home Mortgages
Auto Loans
Personal Loans
Business Loans
Online Banking
Digital Wallet Services
ATM Network
Bill Payments
Account Management
Rewards Programs
Highlights and features
- Maintained 5-star BauerFinancial rating for 115 consecutive quarters
- Awarded Best Bank by News-Gazette readers for three consecutive years
- Community leadership demonstrated through 142-year local commitment
- Team includes 2024 Banker of the Year recipient Kevin Rogers
- Digital innovation with uChoose Rewards and digital wallet integration
Associations and certifications
- BauerFinancial Inc.
What people say
Best local bank
142-year legacy
5-star financial rating
Award-winning service
Strong community presence
Services
Home Mortgages
Philo Exchange Bank provides comprehensive home mortgage solutions with competitive rates and personalized guidance. Our lending experts assist first-time buyers through refinancing options while maintaining local decision-making processes for faster approvals. With 142 years of community banking experience, we offer tailored mortgage programs that adapt to current market conditions while maintaining financial stability.
Auto Loans
Our auto loan program delivers flexible financing options for new and used vehicle purchases with convenient online application capabilities. Customers benefit from streamlined approval processes developed through decades of banking expertise and maintained financial strength that earned 115 consecutive quarters of 5-star ratings from BauerFinancial.
Digital Wallet Services
Philo Exchange Bank offers cutting-edge digital wallet integration as part of our modern banking solutions. This secure payment method utilizes encrypted technology to protect financial information while enabling convenient contactless transactions. The service complements our traditional banking options while meeting evolving customer preferences for mobile payment solutions.
Online Banking
Our comprehensive online banking platform enables 24/7 account management with features for balance checking, fund transfers, bill payments, and document access. This digital solution maintains robust security protocols while offering convenient financial management from any location, supported by our continued investment in technological advancements since 1883.
Business Loans
Commercial lending services support local businesses with tailored financing solutions that leverage our 142 years of community banking experience. The program includes specialized loan products for different business stages while maintaining the financial strength demonstrated through 115 consecutive quarters of 5-star ratings from BauerFinancial.
People
Kevin Rogers
President and CEO
2024 Banker of the Year recipient with 40 years of banking leadership experience. Serves as Philo Exchange Bank President and CEO while maintaining active community involvement through various local events and charitable initiatives.
Judy Kirby
Longest-Tenured Employee
Awarded the Illinois Bankers Association 50 Year Club honor after dedicated service to Philo Exchange Bank. Played a pivotal role in developing customer relationship strategies that have become core to the bank's community-focused approach.
Ross Craig
VP of Lending
Vice President of Lending with expertise in mortgage and loan programs. Represented the bank at News-Gazette People's Choice Awards and works to maintain the institution's award-winning status through personalized lending solutions.
Sarah Smith
AVP of Marketing and ISO
Assistant Vice President overseeing marketing initiatives and information security. Plays key role in promoting the bank's community engagement efforts and maintaining cybersecurity standards for digital banking services.
Questions
Why choose Philo Exchange Bank over larger institutions?
We combine 142 years of local expertise with personalized service, maintaining 5-star financial stability ratings for 115 consecutive quarters while actively participating in community events.
What loan options are available?
We offer home mortgages, auto loans, personal loans, and business financing with online application options and local decision-making processes for faster approvals.
What digital banking features do you provide?
Our online banking includes account management, fund transfers, bill payments, digital wallet integration, and secure document access available 24/7 from any device.
How does the bank support the community?
Through active participation in local events, financial education programs, and maintaining a leadership team that includes 2024 Banker of the Year recipient Kevin Rogers.
What awards has the bank received?
Ranked 3rd in News-Gazette People's Choice Awards for Best Bank, Best Home Mortgage, and Best Place to Work, with 115 consecutive quarters of 5-star BauerFinancial ratings.