Historically, the Henry State Bank originated as the Sparland State Bank that was chartered in the 1920's. The Bank was then moved to Henry in 1941 where it was first located at the corner of Edward and Second Streets. The current location of 700 Second St. was built in 1966 and opened in 1967. Since the establishment in 1941, Henry State Bank has offered a full range of financial products and services.
These products include consumer and business checking accounts, NOW accounts and Money Market accounts. Long-term investment products include Passbook Savings, Certificates of Deposit and IRA's - all at competitive rates. Other services include: Safe Deposit Boxes, Money orders and Cashier's checks, notary service, license renewals, automatic clearing house origination and more.
The bank also offers a full line of lending services such as consumer loans, residential real estate loans, commercial real estate loans and all types of agricultural loans. The bank is partnered with Federal Home Loan Bank of Chicago to offer qualifying applicants fixed-rate mortgages.
Henry State Bank was the first bank in Marshall County to install Automatic Teller Machines (ATMs).
In 2005 HSB launched Online Banking, which offers free online bill pay and free check images - right from the convenience of your home. In 2009, Mobile Banking was introduced as an added benefit of banking right in the palm of your hand.
The bank holds approximately $113 million in financial assets - however, the biggest assets are the employees and the long-term relationships maintained with the customers. HSB employs 17 full-time employees and many of whom were raised in families of the immediate area. Our employees are community-minded and volunteer many hours to local service, church and civic organizations.