Flanagan State Bank was founded in 1913 and has been family-owned since Hank Schwerin became involved in the 1930’s. Hank, his son Paul, and their descendants have had stewardship over the bank ever since. The current generation of Hank’s family, mostly his grandchildren, continue to hear customers’ stories of how Hank and Paul helped people out at crucial times in their lives.
In the 1950’s, a young boy who had lost his dog in an accident walked into Flanagan State Bank and asked for a $25 loan for a new puppy. While some might have called the boy’s father to handle the situation, Bank President Hank Schwerin didn’t. Instead, he called in his secretary to draw up the proper papers, which the boy solemnly signed. The boy paid the note himself, a little at a time, and Hank never told the boy’s dad.
When you do business with us, you become a part of our family. You can count on us during the best and worst of times. We have been in business for more than 100 years and have continued to grow as we transform banking customers into family members. Together, we are “One Family, Helping Another”.
Welcome to our family.