Find us on Facebook.   LinkedIn   YouTube
side top corners

Locations & ATMS

Call anytime to speak with us!


Find a No-Fee ATM Near You!


Or download the ATM Locator App:
App for iPhoneApp for Android

side bottom corners

First State Bank Announces Private Mortgage Banking Group


First State Bank of St. Charles is proud to announce that Millie Cain has joined First State Bank to lead the initiative in their new Private Mortgage Banking Group.

Located in the bank’s brand-new West County office, the Private Mortgage Banking Group will provide flexible real estate options for affluent professionals and executives, and the high net worth individual or couple.

“It is our goal to provide unique financing strategies that take into careful consideration a client’s wealth management goals and current portfolio,” says David Strautz, CEO and president of First State Bank.

As Senior Private Mortgage Advisor, Cain is responsible for serving the financial needs of business executives, upper management and entrepreneurial professionals in the greater St. Louis marketplace.  Cain has over 25 years of experience in banking, wealth management, personal finance and real estate, and has served previously as senior vice president in private banking and wealth management for a St. Louis bank.

“No loan is too small or too large for full review and consideration,” says Cain.  “My emphasis is on relationship building and a high level of service that the more affluent professional and high net worth individual or couple have earned and come to expect.  My specialty will be in developing new solutions to meet their lending needs and in handling complex personal loan transactions.”

Cain is an active leader in many of the area’s charitable, non-profit and community organizations, including the St. Louis Crisis Nursery, the St. Louis Symphony Orchestra, St. Andrews Resources for Seniors, National Society of Arts and Letters and St. Louis Friends of Children’s Hospital.

The Private Mortgage Banking Group will be located in First State Bank’s Chesterfield lending office, located on Chesterfield Grove Drive, and is expected to be fully operational by late February 2012.

Congressman Blaine Luetkemeyer Holds Community Roundtable

Congressman Blaine Luetkemeyer Holds Community Roundtable

Congressman Blaine Luetkemeyer hosted a roundtable discussion with local financial institutions, community leaders and small business owners on Monday morning at First State Bank Mortgage. “Community development is critical to expanding our economy and creating jobs. This roundtable provided me with a unique opportunity to discuss the issue from a congressional perspective while also hearing first-hand about the important challenges facing the people of St. Charles County,” the Congressman said.

First State Bank of St. Charles President and CEO David P. Strautz presented the roundtable in partnership with the Federal Home Loan Bank of Des Moines. “To have these kinds of conversations is important because they become a driving force for economic and community development. We welcome the opportunity to work with Congressman Luetkemeyer in finding solutions that will benefit businesses and communities in St. Charles County.”

The Federal Home Loan Bank of Des Moines will be holding similar events across the five Midwestern states in its district to create awareness of local issues and promote civic dialog. “FHLB Des Moines shares the desire of Congressman Luetkemeyer to build stronger, sustainable neighborhoods in Missouri. We provide grants and low-cost loans to our member financial institutions to create affordable housing, support jobs and stimulate economic growth,” said Dan Clute, senior vice president, communications and external affairs, FHLB Des Moines.

Among the topics discussed were resources to stabilize neighborhoods, the continuing role of the Federal Home Loan Bank System in supporting housing finance, innovation and small business.

Earth City-Based Hummert International Receives $1.8 Million Loan From First State Bank of St. Charles and State Treasurer’s Office

Treasurer Zweifel touring Hummert International Treasurer Zweifel announces a $1.8 million loan for Hummert International
Treasurer Zweifel touring Hummert International with Sonny Hummert (R), company president, and Jim Duever (L), company vice president. While at Hummert International in Earth City, Treasurer Zweifel announces a $1.8 million loan for the company. Company president Sonny Hummert (R) said the loan would significantly improve cash flow for his company.

First State Bank was proud to welcome State Treasurer Clint Zweifel to St. Charles on July 14, 2011, to announce a small business loan made through the Missouri Linked Deposit Program.  As a financial institution participating in the Linked Deposit program, First State Bank of St. Charles was able to offer a low-interest business loan to Hummert International.  Hummert International is an international manufacturer, distributor and designer of horticulture supplies, equipment and services.

The $1.8 million low-interest business loan directly affects the company’s Earth City-based international headquarters and its 75 full-time Missouri-based employees.

The Treasurer’s office estimates that qualifying borrowers generally save 30 percent on their interest costs with a Linked Deposit business loan.

“For decades, our family has been devoted to providing high-quality merchandise with expertise and variety to our customers,” said Sonny Hummert, president of Hummert International. “Our location in the St. Louis region is a strength for us as we export around the globe – that is why we are proud to keep our headquarters here. The Midwest has proven to be a great benefit to our success. The Missouri Linked Deposit Program has assisted in ensuring future growth in our business, helping us remain competitive in the horticulture market.”

“This is a significant loan for Missouri – because it is not just about bringing businesses to Missouri – it is about keeping them here too and rewarding their commitment,” Treasurer Zweifel said. “This is a 77-year-old Missouri-based innovator – now exporting to all 50 states and more than 70 countries. This loan frees up a significant amount of cash for Hummert, to the tune of almost $200,000 over five years so it can continue to export expertise and goods, not its jobs. That has a real and significant impact on the company’s employees – 58 based in Earth City – and its customers, its suppliers, the region and Missouri.”

Hummert International has 58 employees in Earth City, 8 employees in Springfield, Mo., five in St. Joseph, Mo., and 11 in Topeka, Kan.

August H. Hummert started his company with the original 16-page product pamphlet, and today it has a supply catalog with more than 688 pages printed and a web-based version that have set the industry standard. The loan will be used to refinance the company’s 83,000 square foot international headquarters, greenhouse, show room and warehouse; freeing up an estimated $200,000 in debt service over the next five years.

“Working with an institution like Hummert International is what drives our commercial lending,” said Dave Harris, senior vice president of First State Bank of St. Charles. “We are helping it get the capital it needs, and we are proud to continue working with Treasurer Zweifel to continue investing in more small businesses in our region – keeping those businesses here and keeping employees working.”

The St. Louis region has received $99 million from 165 loans impacting nearly 2,000 jobs and farmers. Qualifying borrowers generally save 30 percent on the cost of the loan. More than $692 million in loans have been approved statewide impacting more than 11,250 jobs and farmers since January 2009.

About the Missouri Linked Deposit Program
The Missouri Linked Deposit Program is managed by State Treasurer Clint Zweifel. Missouri-based small businesses with up to 99 employees and farmers are eligible to receive a loan through the Missouri Linked Deposit Program based on lender underwriting standards. Additionally, local governments, housing developments and alternative-energy focused projects may qualify for the low-interest loans.

Read more about the Linked Deposit program.

bottom corners

Click to hear what our customers are saying about us


Member FDIC
Equal Opportunity Lender

To report a lost or stolen Debit or ATM card during normal banking hours, please call 636-940-5555. If it is after hours, call 800-554-8969 and then call the bank on the following business day to order a replacement card.

NOTICE: First State Bank is not responsible for and has no control over the subject matter, content, information, or graphics of the websites that have links here. We have provided these links for your convenience. However, we do not endorse or guarantee any products or services you may view on other sites. You should be advised that the First State Bank privacy policies do not apply to the linked websites and that a viewer should consult the privacy disclosure on the site for further information.