June 11, 2020: Warren-Boynton State Bank has joined the ALL IN 4U pledge to help keep you safe! The ALL IN 4U initiative includes community organizations and businesses united in a pledge to ensure the health and safety of the Springfield and Sangamon County community. Visit www.ALLIN4U.org for more information.
May 29, 2020: Beginning June 1st, 2020 our lobbies will reopen for normal operations with social distancing protocols in place. We ask that you please continue to use the drive-up facilities for transactions if you are able to do so. Individuals entering our bank lobbies will be required to wear a mask. Masks will be available should an individual not have one.
May 13, 2020: Due to the current pandemic and the Governor's executive order, we are unable to hold our Customer Appreciation Day this year. We hope everyone stays safe and we look forward to the time when we can host this event again.
April 28, 2020: Warren-Boynton State Bank has been awarded an A+ financial health & stability rating by DepositAccounts, the largest online publication in the U.S. dedicated to banking product information for consumers. A comprehensive score is calculated for over 10,000 banks and credit unions in the United States based on several factors including capitalization, deposit growth and loan-to-reserve ratios. Only 11% of all banks receive an A+ rating. For more information, visit https://www.depositaccounts.com/banks/warrenboynton-state-bank.html
April 21, 2020: Beware of scams related to stimulus checks. Visit the WBSB Blog for more information: https://www.wbsb.net/Blog/Posts/86/Personal-Banking/2020/4/Protect-your-economic-impact-payment/blog-post/
April 10, 2020: The passport event scheduled for Saturday, April 25 in New Berlin has been cancelled due to concerns surrounding COVID-19. Contact the Sangamon County Circuit Clerk's office for more information about passport registration.
April 8, 2020: Please be aware of possible increases in phishing/spam email attempts due to the new government stimulus package. If you have any question about the validity of an email, contact the sender for verification and do not open emails from unknown sources.
April 1, 2020: We know this is a challenging time and understand that some of our customers may face financial difficulties due to COVID-19. We are here to help and encourage those who may be impacted to contact us to discuss how we might be of assistance. For inquiries regarding a loan account, please contact your loan officer: https://www.wbsb.net/information-desk/staff-directory/ Guide to coronavirus mortgage relief options from the Consumer Financial Protection Bureau
March 20, 2020: Due to the need to maintain adequate staff in this national health emergency, the Warren-Boynton State Bank has made the difficult decision to temporarily close the Palmyra Branch effective Monday, March 23, 2020 for an undetermined time. Please see announcement for full details: Palmyra Branch Temporary Closing
March 18, 2020: Until further notice, the fee will be waived for mobile deposits. Normally, the fee is $0.50 per item deposited in excess of 3 per statement cycle. Additionally, the ATM daily cash withdrawal limit has increased from $250 to $500. Visit the AlphaLink Alliance website for a list of ATMs: http://www.alphalinkalliance.com/
March 17, 2020: We are pleased to announce the promotion of Debbie Carbonell to Senior Vice President/Chief Financial Officer. Debbie has been with the bank since 2011 and has 35 years of service in the banking industry. We are grateful for Debbie's invaluable experience and dedication!
March 16, 2020: In order to do our part in fighting the COVID-19 virus, we have come to the difficult decision to close our branch lobbies. The drive-ups in New Berlin, Modesto and Palmyra will be open regular hours. Please see important information for full details: Important information
March 13, 2020: We have taken several precautionary measures for the health and safety of our customers, employees, and communities we serve amid the ongoing concern surrounding COVID-19. Please see our message for full details: Message regarding COVID-19
January 2020: Warren-Boynton State Bank has been recognized by Bauer Financial as a "Best of Bauer" institution. Best of Bauer is reserved specifically for financial institutions that have earned Bauer's highest (5-star) rating continuously for 25 years or longer. For more information about Bauer ratings, visit www.bauerfinancial.com.
December 2019: The WBSB mobile banking app is now available for download on the Google Play store for Android tablets. For more information on the mobile app, go to the Mobile Banking App page under the Internet Services menu.
November 2019: Our holiday closing schedule is available under the Information Desk menu. All lobbies and drive-ups will close at 4:00 p.m. on Wednesday, November 27 (day before Thanksgiving). All lobbies and drive-ups will close at 12:00 p.m. on Christmas Eve and New Year's Eve. Our offices will be closed on Thanksgiving, Christmas Day and New Year's Day.
September 2019: An ATM is now located at the Palmyra branch, 332 N. Main Street. Effective November 1, 2019 the ATM inside Casey's General Store, 184 E. State Street in Palmyra, will no longer be surcharge free. Customers are advised to use the ATM at the Palmyra branch.
September 2019: Please join us on Friday, September 20 from 9:00 am to 3:00 pm in the Palmyra branch lobby for a reception to celebrate the retirement of Darleen Walter. Darleen has been in the banking industry for 34 years. We thank her for many years of service and wish her well in retirement.
July 2019: The Capital One data breach is the latest incident compromising the identities of millions of people. Warren-Boynton State Bank offers Secure Checking which includes IDProtect, a personal identity theft service available to account owners, their joint account owners and their eligible family members. The service includes identity theft monitoring and resolution service, along with credit file monitoring. Registration/activation required to receive all benefits. Please refer to the guide to benefits for complete details on IDProtect and other account benefits.
June 2019: Warren-Boynton State Bank continues to be rated 5-stars by Bauer Financial. In order to qualify, a financial institution must be financially sound and operating well above its regulatory capital requirements. Each institution on Bauer’s Recommended Bank Report has a tangible capital ratio greater than 6% and a total risk-based capital ratio greater than 10%. Five-star banks generally have twice the capital required by regulators. For more information on Bauer ratings, please visit www.bauerfinancial.com.
May 2019: The online banking platform, accessed via computer browser, will be migrating to the digital banking interface effective on June 5, 2019. The new interface, already utilized on the mobile app, will provide a modern look and feel across the digital banking system, regardless of the device used for access. More information and links to instructional videos can be found on the Digital Banking web page.
April 2019: Warren-Boynton State Bank is partnering with the Sangamon County Circuit Clerk to bring the passport registration process to you. Come to our New Berlin facility on Saturday, April 27 from 9am - Noon. Contact the Circuit Clerk's office at 753-6674 for more information about passport registration.
October 1, 2018: We are pleased to offer Secure Checking personal checking accounts. Secure Checking provides valuable benefits and protection for you and your finances, helpful ways to save, and rewards on everyday purchases. For more information, please view the Checking Accounts page under the Personal Banking menu.
March 20, 2018: At its annual meeting held March 19, 2018, the Warren-Boynton State Bank elected Lester Gray of Hettick to its Board of Directors. Mr. Gray spent many years on the board of the former Bank of Modesto and currently operates Gray Lumber in Modesto. His many years of business experience and bank board experience will be a valuable asset to Warren-Boynton State Bank.
Additionally, the following officers were reappointed in the Modesto/Palmyra market: Alvin Barrow, Senior Vice President; Todd Lucas, Loan Officer; Trista Woods, Assistant Vice President/Assistant Cashier; and Amy Huff, Palmyra Branch Manager.
The $174 million in assets Warren-Boynton State Bank is headquartered in New Berlin and has branches in Springfield, Modesto and Palmyra.
September 29, 2017: Warren-Boynton State Bank marks 140 years of service as a locally owned and independent community bank. The bank was established in New Berlin in 1877 and became state chartered in 1897. Warren-Boynton acquired the First State Bank in New Berlin in 1989. In 2004, a branch office opened on the west side of Springfield on Spring Mill Drive. Warren-Boynton expanded in July 2017 with the acquisition of Bank of Modesto, adding branches in Modesto and Palmyra, both in northwestern Macoupin County.
Warren-Boynton State Bank is a full-service bank offering loan services for farm, commercial, and consumer purposes as well as commercial and residential real estate loans. The bank has a comprehensive line of deposit products for both businesses and consumers including checking accounts, money markets, savings, IRAs and certificates of deposit. Warren-Boynton State Bank has a robust internet banking service including bill payment and My Money Manager, a personal financial management tool. Our smart phone app was recently redesigned and offers the latest features. The WBSB blog on our website includes over 15 helpful articles.
Our success over the past 140 years can be attributed to loyal customers and dedicated employees. Although many changes have occurred in the banking industry since 1877, Warren-Boynton State Bank remains committed to serving the financial needs of our customers and supporting the communities where we do business. Contact us today to see how we can assist with your banking needs.
July 24, 2017: We are delighted to officially welcome Bank of Modesto and Bank of Modesto-Palmyra branch customers to Warren-Boynton State Bank.
January 31, 2017: WB Bancorp, Inc. and its wholly owned subsidiary Warren-Boynton State Bank are pleased to announce it has reached a definitive agreement for the acquisition of 100% of MC Bancorp, Inc. and its wholly owned subsidiary, Bank of Modesto. Bank of Modesto is a full service bank and has locations in Modesto and Palmyra in Macoupin County. Warren-Boynton State Bank has locations in New Berlin and Springfield.
"We believe this is in the best interest of our customers and communities as the banking environment changes. We have known the people of Warren-Boynton for many years and believe they will continue the tradition of customer service and loyalty to the community that has been the hallmark of the Bank of Modesto for over 125 years," stated Phil Lovelace, President/CEO of Bank of Modesto. Jim Weast, President/CEO of Warren-Boynton State Bank indicated, "We are excited to be joining the two banks, as both banks are community focused institutions and have very similar cultures and values. This will be an excellent partnership going forward."
The combined banks will have assets of approximately $175,000,000 with deposits of approximately $140,000,000. The proposed acquisition is subject to regulatory approval and the approval of MC Bancorp, Inc.'s shareholders and is expected to close in the second quarter of 2017.