Serving our community has been our motto since 1910. Our bank was conceived out of a need for currency to settle with farmers marketing their grain. We have continued to provide service to agriculture while expanding services to households, individuals and businesses.

Our History


New Bank in Pulaski County - First National Bank of Monterey to Commence Business August 1st

Monterey’s new bank, the First National, will open its doors on Monday morning, August 1. The business is capitalized at $25,000.00 the stock being held by Monterey residents.

When the bank opens next Monday it will have one of the best equipped establishments in this part of the state.

The new building is owned by the bank. It is a cement block structure 20 by 40 feet. It is fitted with handsome new furnishings throughout and with an especially fine vault and safe.

With no previous banking facilities in Monterey the new institution will form a big improvement for the town.

The Winamac Republic, July 28, 1910

The First National Bank of Monterey has opened offices in additional communities since that time with the main office in Monterey and branches in Winamac, Culver and North Judson. Our staff aspires to create a welcoming environment ready to service your needs. We are offering new services to include meeting the challenges of this technical world we live in. You will still be able to stop in any of our offices and discuss your banking needs with qualified staff.

We take pride in the fact that our employees build strong personal relationships with our customers and address them by name.

Our employees are involved in community activities, support the local economies and are active in charitable organizations.

We strive to provide financial products and services that meet your needs and expectations.

It is our desire to assist our customers with their financial needs in the most genuine manner achievable and to do so with the upmost integrity and commitment.

We strive to serve the financial needs of our community with the most personalized attention we can provide. Our family cares about your family.

Our Leadership


Claiborn Wamsley came to Monterey in June of 1950. He became president when Mr. Keitzer retired in December of 1953, and continues to serve as our Chief Executive Officer. The Bank has grown from $25,005.00 to $240,000,000.00 in deposits. “Clip” clerked sales, prepared taxes and kept books for others in order to provide income for his 2 employees. Today the bank employs 56 people. We have not been market aggressive and believe our growth springs forth from the deep roots planted that summer day in August 1910.