Insights

Growth through acquisitions Central Bancshares has pursued multiple acquisitions in recent years, including McLaughlin Holding, SENB Bank, and Walcott Trust and Savings Bank, signaling ongoing expansion strategy and potential cross-sell opportunities across newly acquired customers.

Trust leadership The company emphasizes its Trust departments as a market-leading growth area, suggesting strong cross-selling potential for wealth management, fiduciary services, and private banking to affluent and commercial clients within the footprint.

Tech-forward With a modern tech stack and a focus on risk control engineering, there is potential to offer advanced digital banking enhancements, cybersecurity solutions, and enterprise workflow optimizations to support scale as assets and customer bases grow.

Regional footprint Operates 14 banking centers across east-central Iowa and west-central Illinois with substantial customer households served, presenting opportunities to expand service lines (lending, treasury, payments) to small and mid-sized businesses in the region.

Leadership transition Recent appointment of a new CEO and president provides an opening for executive-level outreach to discuss strategic financial services partnerships, onboarding of new risk controls, and potential collaboration on strategic initiatives.

Similar companies to Central Bancshares Inc.

Central Bancshares Inc. Tech Stack

Central Bancshares Inc. uses 8 technology products and services including Apple iCloud Mail, Mailgun, Microsoft 365, and more. Explore Central Bancshares Inc.'s tech stack below.

Central Bancshares Inc.'s Email Address Formats

Central Bancshares Inc. uses at least 2 email formats:
Central Bancshares Inc. Email FormatsExamplePercentage
First.Last@cbibanks.comJohn.Doe@cbibanks.com
73%
Last@cbibanks.comDoe@cbibanks.com
27%

Frequently Asked Questions

What is Central Bancshares Inc.'s phone number?

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You can contact Central Bancshares Inc.'s main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Central Bancshares Inc.'s official website and social media links?

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Central Bancshares Inc.'s official website is cbibanks.com and has social profiles on LinkedIn.

How much revenue does Central Bancshares Inc. generate?

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As of October 2026, Central Bancshares Inc.'s annual revenue is estimated to be $10M - $25M.

What is Central Bancshares Inc.'s SIC code and NAICS code?

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Central Bancshares Inc.'s SIC code is 6029 - Commercial Banks, Not Elsewhere Classified and NAICS code is 52211 - Commercial Banking.

How many employees does Central Bancshares Inc. have currently?

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As of October 2026, Central Bancshares Inc. has approximately 18 employees across 1 continents, including North America. Key team members include Chief Executive Officer: D. S., Vice President Commercial Lending Officer: J. R. and Vice President And Corporate Secretary: R. L. Explore Central Bancshares Inc.'s employee directory with LeadIQ.

What industry does Central Bancshares Inc. belong to?

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Central Bancshares Inc. operates in the Banking industry.

What technology does Central Bancshares Inc. use?

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Central Bancshares Inc.'s tech stack includes Apple iCloud Mail, Mailgun, Microsoft 365, Microsoft Word, Paylocity, HSTS, Adobe Creative Suite and X-Content-Type-Options.

What is Central Bancshares Inc.'s email format?

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Central Bancshares Inc.'s email format typically follows the pattern of First.Last@cbibanks.com. Find more Central Bancshares Inc. email formats with LeadIQ.

When was Central Bancshares Inc. founded?

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Central Bancshares Inc. was founded in 1979.
Central Bancshares Inc. logo

Central Bancshares Inc.

BankingIowa, United States11-50 Employees

Central Bancshares, Inc. is a closely-held community bank holding company that serves east-central Iowa and west-central Illinois, based in Muscatine, Iowa. It operates as the parent company of two wholly-owned banks: CBI Bank & Trust, also based in Muscatine, and F&M Bank, headquartered in Galesburg, Illinois. The group serves about 43,000 customer households and businesses through 14 banking centers and a broad set of delivery channels, including ATMs, online and mobile banking, and telephone access. Collectively, the organization employs around 220 people. 

The company holds about $900 million in total assets, and when assets managed by the trust departments of its subsidiary banks are included, the size rises to well over $1 billion. In January 2025, Dwayne W. Sieck was appointed CEO and president of CBI Bank & Trust and of Central Bancshares, Inc., signaling a leadership transition for the organization.

Section iconCompany Overview

Phone number
SIC Code
6029 - Commercial Banks, Not Elsewhere Classified
NAICS Code
52211 - Commercial Banking
Founded
1979
Employees
11-50

Section iconFunding & Financials

  • $10M - $25M

    Central Bancshares Inc.'s revenue is estimated to be in the range of $10M - $25M

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