What Is a Reverse Mortgage Loan? A financial tool to help older homeowners access the equity in their homes, without selling or moving. A reverse mortgage loan is a specialized type of home equity loan available to homeowners aged 62 and older. It allows you to convert part of the equity in your home into […]

Flanagan State Bank Donates to Middle School August, 2022 FOR IMMEDIATE RELEASE Flanagan, IL—Flanagan State Bank donated $32,000 to sponsor four classrooms at the new El Paso-Gridley Middle School that opened for students in late August 2022. While the El Paso-Gridley district had planned to reuse as much furniture as possible from the previous junior high building, the sponsorship helped ensure students truly started off the year in an […]

December 2022 FOR IMMEDIATE RELEASE Flanagan, IL—Flanagan State Bank donated $15,000 to assist with refinishing the gymnasium floor at Cornell Grade School. The previous floor was heavily used, and the completely refinished floor offers a better facility for students and the community. The funds allowed the floor to be sanded down, striped, bright new graphics […]

Summer of 2022 FOR IMMEDIATE RELEASE Flanagan, IL—Flanagan State Bank donated $25,000 to the El Paso-Gridley Unit 11 Agriculture Department for installation of six new welding booths for student vocational training and help with needed electrical upgrades at the high school building. The new custom-made welding booths were completed over the summer and were ready […]

October, 2022 FOR IMMEDIATE RELEASE Flanagan, IL—Flanagan State Bank donated $25,000 to the Agriculture program at Heartland Community College, allowing Heartland to purchase lab equipment, seed, and other key elements for their Ag labs. Ag labs are used by over 100 HCC students throughout the course of a year and support 10 different courses and […]

September, 2022 FOR IMMEDIATE RELEASE Flanagan, IL—Flanagan State Bank donated $10,000 to the Roanoke-Benson School District earlier this year with a check presentation during a school board meeting. The donation was made to support the district’s efforts to purchase and install new smart boards in classrooms at Roanoke-Benson Junior High School. “With the generosity of […]

Established in 1913 and family-owned since 1930, Flanagan State Bank has been a testament to the belief in one family helping another. But what exactly is the role of a bank in the community? How do local banks foster growth, stability, and support for their members? In this post, we’ll look at the many ways […]