Hometown Values Since 1910


First State Bank is a locally owned and independent community bank providing consumer, agricultural, business and commercial financial services since 1910. Our mission is to provide the highest quality products and services to you, our valued customers.


PERSONAL BANKING CARDS

Shopping made easy! Bank cards allow you to purchase items internationally, online and quicker then ever.

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NEW CHECKING PRODUCTS

Find the right account for your business.

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NEWS & INFORMATION

Up to date news and information to help you stay on top of important banking and financial planning stories. 

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OUR HISTORY



BEGINNINGS

1910

Thirty-one shareholders purchased 250 shares at $100 each to form First State Bank of Middlebury.

Charles Hoover, Original President, 1910-1931



EXPANSION

1925

First State Bank expands by purchasing
109 S. Main Street.



LEADERSHIP

1931

Elsworth Varnes
President
1931-1948



HISTORY

1934

Print ad from January 1934.




LEADERSHIP

1948

Sam Hoover, Sr.
President
1948-1973



EXPANSION

1962

Hoover Insurance becomes First State Insurance Agency



LEADERSHIP

1973

Sam Hoover, Jr.
President
1973-1982



LEADERSHIP

1982

James G. Hiatt
President/CEO
1982-2014

Jim Hiatt


TECHNOLOGY

1986

The first ATM is installed at First State Bank.



EXPANSION

1988

Middlebury Headquarters at 111 South Main St. opens for business



EXPANSION

1988

Goshen Office opens for business



TECHNOLOGY

1996

Online banking launched by First State Bank.



EXPANSION

2000

Cobblestone office opens



EXPANSION

2007

Edison Lakes opens



HISTORY

2010

100 year celebration




LEADERSHIP

2014

D. Joe Caffee
President/CEO
September 2014



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2010 marked First State Bank's 100th year serving our local communities

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