About CBAI Foundation for Community Banking

CBAI established the Foundation for Community Banking in 1996 in furtherance of its mission to professionally serve and support member banks through every available channel, and to promote the community banking philosophy. The Foundation is also intended to increase public awareness of community banks and their contributions.

The Foundation has established annual scholarships for high-school seniors to help deserving students further their educations. Scholarships are available for at-large Illinois high-school seniors. It costs CBAI member banks nothing to sponsor these students. Scholarships are also available for the children and grandchildren of community bankers and for part-time bank employees.

With college tuition rising every year, these statewide scholarships have helped young adults to further their educations since 1987. Donations to the CBAI Foundation are totally tax-deductible and may be made over a period of years.

Since its inception, the CBAI Annual Scholarship Program has distributed more than nearly $400,000 to over 200 appreciative Illinois high school students. In the process, they have learned more about the important roles that community banks play in their lives.

Donor Levels

How to Contribute

Scholarships Available:

To obtain further information, please contact Valerie Johnston, SVP Communications at 217/529-2265 or 800/726-2224.


CBAI Foundation Board of Directors
Kim McKeeNorth Central BankLaddChairman
Amy ThiedePrairie Community BankMarengoVice Chairman
Kraig LounsberryCommunity Bankers Association of IllinoisSpringfieldPresident
Bob StachowskiFirst National Bank of SandovalSandovalCareer Development Division Chairman
Dan GrahamFlora Bank & TrustFloraDirector
Erik SchellingMerchants & Manufacturers BankJolietDirector
James WeastWarren-Boynton State BankNew BerlinDirector
Jason SempleDieterich BankEffinghamDirector
Tracy DownsGerman-American State BankGerman ValleyDirector