Chief Banking Officer

Sterling, IL

Chief Banking Officer (CBO)

$135K–$150K Base + ~10% Bonus | Full Relocation Offered
Comprehensive Benefits (Medical, Dental, Vision, 401k, PTO)
Location: (Western Illinois – ~2 hours west of Chicago)

About the Opportunity

We are representing a growing, community-focused bank seeking a Chief Banking Officer (CBO) to join its executive leadership team. This is a newly created role driven by growth and succession planning, offering the opportunity to shape the future of a well-established regional institution.

The bank has approximately 150 employees across 9 locations and has built a strong reputation for relationship-based banking, customer service, and deep community involvement.

Why This Role

  • Executive leadership role with direct impact on strategy and growth
  • Full relocation package offered
  • Strong financial performance and momentum:
    • ~$696M in assets (+5% YoY )
    • Net income up ~20% year-over-year
    • Loan growth of ~8% YoY
  • Stable, engaged workforce — average employee tenure ~5 years
  • Community-driven culture — employees actively involved in local events, nonprofits, and outreach

The Role

The Chief Banking Officer will provide strategic leadership across core business lines, including:

  • Retail Banking
  • Marketing
  • Private Banking / Wealth
  • Future Treasury Management expansion

This individual will oversee approximately half of the organization and play a key role in driving growth, strengthening customer relationships, and developing high-performing teams.

Key Responsibilities

  • Develop and execute strategies to drive deposit growth and market expansion
  • Partner with executive leadership on annual goals and performance targets
  • Lead and develop high-performing teams across multiple locations
  • Strengthen a relationship-driven, customer-first culture
  • Oversee branch operations, customer experience, and sales performance
  • Partner with commercial lending to deepen client and treasury relationships
  • Lead growth of private banking / wealth services
  • Build strong partnerships with local businesses and community organizations
  • Ensure strong operational discipline, compliance, and risk management

Market Coverage

This role supports a 9-location footprint across:

  • Core markets in Sterling, Dixon, and Rock Falls
  • Additional locations in Northern Illinois and Southern Wisconsin

The position requires a visible leadership presence , with travel across a regional footprint (~75–100 mile radius).

What We’re Looking For

  • 10+ years of leadership experience in banking or financial services
  • Proven success in strategic growth, team leadership, and business development
  • Strong understanding of retail and commercial banking operations
  • Experience leading across multiple branches or regions
  • Executive presence with a hands-on, collaborative leadership style
  • Strong relationship-building skills internally and externally

Culture Fit (Critical)

This is a community banking environment :

  • Relationship-driven vs. transactional
  • High visibility in the local community
  • Collaborative, family-oriented culture
  • Leaders are expected to be present, engaged, and involved

Candidates from larger institutions are welcome but must be able to adapt to a relationship-focused, community-first approach .

Posted 2026-05-15

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