ABOUT US
History
In 1946, a group of Quincy businessmen decided to establish a new bank on Quincy’s North side with the dream of providing area residents with quality banking services for a lifetime. By 1953, the bank was doing well and the dream was becoming more of a reality. With an eye toward the future, the bank received trust powers to broaden its commitment of service. Like most trust departments, it provided traditional trust services for estate settlement and trusts established by a will or other agreements. In 1989, having shown its past ability to evolve to meet the changing environment, the bank saw an opportunity to expand its trust services by serving as trustee for Employee Stock Ownership Plans. The bank soon realized that central to its original founders’ vision of providing lifetime services was retirement planning. In that year and several years to follow, the mutual savings institutions were converting to stock based banks and thrifts. As part of those conversions, ESOP’s were established to provide the institution’s employees with ownership in the new organization. In 1993, the trust department managed over $50 million in personal trust and employee benefit assets. On July 1, 2004, the trust department became a separate company, First Bankers Trust Services, Inc. This new company is owned by First Bankers Trustshares, Inc., the parent company of the bank, First Bankers Trust Company, N.A. Today, using our past experiences, we have grown the trust services to over $2 billion in assets under management by expanding our personal trust, IRA, and employee benefit trust administration. We now offer to our clients more options, including 401(k) investment platforms, and deferred compensation trust arrangements that are tailored to their needs.
Service Commitment
We pride ourselves on being an organization that is focused on stewardship. An organization with both vision and values: a vision of fiduciary duty and shareholder service, and values rooted in the proven principles of long-term investing and of trusteeship that demands integrity in serving our clients. We have achieved our mission when we rank simultaneously among the very best in our industry in customer satisfaction measurements, employee satisfaction measurements, and total return to investors. We are a preferred partner to our suppliers, a valued corporate citizen of our community, and an institution which receives consistently strong ratings from our regulators. The key to achieving our mission is to be able to achieve all of this at the same time.