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History

Sidney State Bank was founded in 1921 by a group of Sidney residents who wanted to bring banking services to this small rural community.  At that time the nearest bank access was a long drive or train ride away.  As transportation improved, and as holding companies acquired other area community banks, Sidney State Bank’s individualized service attracted customers from other Montcalm County communities.

We continue to offer individualized service, along with a complete line of financial services, to residents of Montcalm County.  Today we are able to provide improved access to our customer’s accounts 24 hours a day, 7 days a week with our internet and mobile banking services, including mobile check deposit.  Although internet and mobile banking makes us more accessible, our motto will continue to be “Where Banking is a People Business”.

Timeline

  • 1921                     Bank was founded.
  • 1924-1957           Chris Petersen served as the banks Cashier.
  • 1957-1970           Kermit Bowen served as the banks Cashier and President.                                   
  • 1961                     Bank built its new office on the corner of Sidney and Derby Rd.
  • 1970-1992           Rex Rice served as the banks President.
  • 1986                     Bank reached $25 million in assets. 
  • 1992-2010           Steve Shoen served as the banks President.
  • 1999                     Bank reached $50 million in assets
  • 2010-present      Jim Paris has served as the banks President.
  • 2017                     Bank opened its second branch office in Sheridan.

Annual Reports / Statements of Conditions