KEWANEE WEATHER

SBT’s Douglas Parrott joins ICBA Executive Committee as secretary


By The Kewanee Voice    April 1, 2025

Douglas Parrott, president and CEO of the State Bank of Toulon, was elected secretary of the Independent Community Bankers of America (ICBA) for 2025-26. His term began on March 14 at the conclusion of ICBA LIVE in Nashville.

“I can’t wait to get to work championing the cause of our nation’s community banks in my role as ICBA secretary,” Parrott said. “As relationship-based bankers our deep community ties directly connect our success to the success of local businesses and families. I’m eager to help advance ICBA’s advocacy, education and innovation efforts to foster an environment where community banks flourish and local economies thrive.”

Parrott serves in many roles at ICBA. He is a member of the ICBA Executive Committee, board of directors, and Federal Delegate Board. He also serves on ICBA’s Policy Development Committee and is the Executive Committee liaison to the ThinkTECH Selection Advisory Group and Bank Education Committee.

Active at the local level, Parrott is the treasurer and former chairman of the Black Hawk East College Foundation, president of the Toulon Civic Association, and a board member of the Toulon Lions Club. He is a past chairman and current board member of the Community Bankers Association of Illinois.

“Doug is a respected community banker and avid community bank supporter,” said ICBA Chairman Jack Hopkins, president and CEO of CorTrust Bank in Sioux Falls, S.D. “His commitment to our industry is admirable, and we’re fortunate to draw on his experience and expertise for ICBA’s Executive Committee as we work to advance a pro-community bank agenda that unleashes the power of community banks to create better communities.”

ICBA is the only national advocacy organization dedicated exclusively to promoting the interests of locally operated community banks and savings institutions. With the high-tech, high-touch banking services that consumers expect, community banks offer the best financial-services options for millions of consumers, small businesses and agricultural enterprises.