First State Bank announces transition of president and CEO roles

MENDOTA, Ill. — Tim McConville, president and CEO of First State Bank, is transitioning to president and CEO of Tri-County Financial Group, the holding company of the bank.

FSB is appointing Kirk Ross, current executive vice president, as president and CEO of the bank, beginning Jan. 10.

McConville started his career at FSB in 1978 as an agricultural representative. He was promoted several times throughout the years, becoming president and CEO in 1994.

McConville has served as a director of FSB’s bank board since 1991 and will continue to do so as president and CEO of Tri-County Financial.

Under his leadership, the bank has grown from four branches and an asset size of $30 million to 19 branches and $1.5 billion through several acquisitions and new market growth.

As president and CEO, he has provided executive leadership throughout the company, along with leading the enhancement of our operational infrastructure to support this tremendous growth for employees and shareholders.

McConville has created an atmosphere at FSB that encourages community involvement across the company footprint and allows employees to operate with a sense of purpose and feel as though they are a part of something larger.

His keen ability to identify and cultivate leaders has ensured that FSB has an outstanding talent base to carry its purpose forward and continue to make a difference in people’s lives.

“Congratulations to Tim on this transition and his remarkable 46-year banking career. It is hard to overstate the impact he as made during his time at First State Bank,” said Tom Prescott, Tri-County Financial Board of Directors chair.

“Tim’s hard word and dedication have undoubtedly contributed to the pillars of FSB’s success. His leadership has taken our company to new heights.

“It’s great that Tim will now have more time for family and other interests. First State Bank is simultaneously fortunate that his wisdom and insight will still be retained as he continues his service as a director of our company.”

“Our board is very pleased to appoint Kirk Ross as Tim’s successor. Kirk has been an integral part of First State Bank’s success over his 30 years on the team,” Prescott continued.

“Succession planning has been a top priority at our company and we are very confident that Kirk has the essential skill set to continue on our legacy of success.”

Ross said FSB has built an incredible team.

“I am excited and honored to continue to be of service to our team and the customers we serve,” he said.

Ross joined FSB in 1994 as an assistant vice president and ag loan officer. In 1997, he was promoted to vice president and ag loan officer, and1999 brought a promotion as vice president of commercial lending.

In 2022, he was appointed secretary of Tri-County Financial and promoted to executive vice president and senior lending officer.

Ross was born and raised in Mendota, where he currently resides with his wife, Kathy. They have three children, Emily, Luke and Olivia.

Ross is a member of Immanuel Lutheran Church, Mendota Lions Club, treasurer of Mendota Education Foundation and a Mendota Police Pension trustee.

“Over the past 46 years, I have thoroughly enjoyed working side by side with our talented and tremendous organization of bankers. They continue to serve the hardworking customers in our markets and create a culture of teamwork that makes us an FSB family,” McConville said.