MENDOTA – Tri-County Financial Group, Inc. (OTCQX: TYFG), the parent company of First State Bank, ranked 132nd in the American Bankers Association list of the top 200 performing banks in the nation. First State Bank also ranked 4th in Illinois on the list of banks over $1 billion and publicly traded. The nation’s top performing banks accomplished this by boosting profits and minimizing loan losses despite fallout from the coronavirus pandemic.
Timothy J. McConville, President and CEO of the Company, commented, “We are very proud of how our employees responded to the unprecedented pandemic situation. The bank administered the PPP program to help small businesses, performed loan modifications and worked with our mortgage customers.”
About the Company
Tri-County Financial Group, Inc., headquartered in Mendota, is the bank holding company for First State Bank, a bank committed to providing value-added offerings, backed by exceptional service to the local communities it serves. It does so by providing a combination of innovative banking products and conveniences and employing local professionals who take the time to get to know each customer's banking needs on an individual basis. For more information, visit First State Bank’s website at www.firststatebank.biz.