GERMANTOWN TRUST & SAVINGS BANK 102nd ANNIVERSARY

GTSBGermantown Trust & Savings Bank proudly announces the beginning of its 102nd year of serving Clinton County.  Originally founded to serve the needs of Germantown, the bank has grown to include four locations serving all of Clinton County.  Established as Germantown Savings Bank with beginning capital of $25,000, the bank was renamed Germantown Trust & Savings Bank in 1977 and currently holds assets in excess of $275,000,000.

The first officers of the bank were: A. B. Daab, President, and H.H. Schlarmann, Vice-President and Cashier.  Members of the Board of Directors were:  M.M. Stephens, ex-mayor of East St. Louis; E.C. Kramer, attorney for the Southern Railway Company; W.K. Kavanaugh, president of Southern Coal and Mining Company; J.A. Bauer, physician; Henry Koch, lumber merchant; A.B. Daab, vice-president of  the bank of Millstadt; H.H. Schlarmann, recorder of Clinton County.

Originally housed in the old Westerman building located just west of St. Boniface Catholic Church, a new bank building was built in 1910 at 407 Main Street, Germantown, which served the banking house for 60 years.  In 1970, the bank purchased the corner lot of Main & Munster from Thomas and Shirley Lampe.  At that time the present banking house was built.

As of April 17, 1963 the management team of Germantown Savings Bank consisted of Joseph Heimann, Valerian Eversgerd & James Lampe.

In 1976, Germantown Savings Bank, became Germantown Trust & Savings Bank, as it received trust powers to operate a trust department and became one of only two trust departments within Clinton County.  The Breese facility was built and opened in 1988, at which time its charter was moved to that location.  On July 1, 2000, Bartelso Savings Bank merged with Germantown Trust & Savings Bank, allowing GTSB to offer four locations within Clinton County.

Today, Germantown Trust & Savings Bank, with locations in Bartelso, Beckemeyer, Breese and Germantown offers complete banking and trust services to Clinton County.  The current board of directors is:  James R. Lampe, Dale G. Deiters, Janice L. Deiters, James R. Lampe II, Sylvia Henken, and Anita Rakers.   The directors and officers are proud of its progress and welcome the opportunity to celebrate over a century of service to Clinton County.