About CIB Marine Bancshares, Inc.

CIB Marine Bancshares, Inc. (OTCQX: CIBH) is a Wisconsin corporation and registered bank holding company with its principal executive offices in Brookfield, Wisconsin, a suburb of Milwaukee.

CIB Marine owns and operates CIBM Bank, an Illinois chartered commercial bank headquartered in Champaign, Illinois. CIBM Bank offers a full array of traditional banking services, including a broad range of loan products such as commercial loans, commercial real estate loans, commercial and residential construction loans, government guaranteed loans, one-to-four family residential real estate loans, home equity loans, consumer loans, and commercial and standby letters of credit; consumer and commercial deposit accounts, including savings, checking, and time deposits; trust services; cash management; repurchase agreements; and other traditional community banking services.

History of CIB Marine

In 1985, a small group of investors acquired Sidney Bancorp, Inc., and its bank subsidiary, Sidney Community Bank, in Sidney, Illinois. Through a series of acquisitions, that bank eventually became Central Illinois Bank and acquired Arrowsmith State Bank in 1991. The former Arrowsmith State Bank charter was established in 1920 and is the Illinois commercial bank charter that CIBM Bank operates under today.

Over the next 25 years, CIBM Bank expanded into new markets and today operates branch offices in Illinois (Champaign, Urbana, Danville, Monticello, Bloomington, Peoria and Wheaton); Indiana (Indianapolis), and Wisconsin (Brookfield and Elm Grove). In 2013, CIBM Bank acquired the assets of Avenue Mortgage Corp., in Naperville, Illinois, and have expanded our residential mortgage services with mortgage professionals serving all of our branch offices as well as satellite offices in Naperville, Illinois and Sheboygan, Wisconsin. In 2016, we formed our Government Guaranteed Lending Division, which originates loans throughout the Midwest and Southeast.

Prior to 2019, we operated separate banks in our various markets, including: Central Illinois Bank (Central Illinois); Marine Bank (Milwaukee and Indianapolis); Avenue Bank (Wheaton, Illinois); and Avenue Mortgage (at all mortgage offices). In 2019, we unified our five brands under our legal name of CIBM Bank with the new logo and icon you see today.