February 15, 2026 Local Stories in and Around St. Joseph, Illinois

Philo Exchange Bank to build permanent location in St. Joseph


Philo Exchange Bank is pleased to announce 802 E. Warren Street as the building site of their permanent St. Joseph, Illinois facility, named St. Joseph Community Bank. With groundbreaking beginning soon on the bank, the project will
hopefully, be completed around the end of 2022.


The new building will be a fully-operational bank including teller operations, safe deposit boxes, drive-up lanes, ATM, night depository, and a loan department comprised of Les Hoveln, EVP | Senior Lender and Jason Snyder, VP | Lending with over 55 years combined banking experience.


During this process, Philo Exchange Bank’s temporary facility at 109 N. Main Street, St. Joseph will remain open Monday-Friday 8 a.m.-5 p.m and Saturday 8 a.m-12 p.m.


“We are excited about the opportunity to have a permanent facility in St. Joseph. Finding a location that was convenient to our new and existing customers, while providing all the products and services one might expect from a full-service bank was our top priority and we feel that we have accomplished that at this location. We look forward to being a part of St. Joseph and the surrounding communities for many years to come.” said Les Hoveln, Executive Vice President and Senior Lender.


Philo Exchange Bank currently has five locations in Philo, Allerton, Broadlands, and St. Joseph. Operating since 1883, Philo Exchange Bank takes pride in serving our communities and providing friendly, personal service.

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