The State Bank of Geneva Announces New President

The State Bank of Geneva Announces New President

The Board of Directors of The State Bank of Geneva (SBG) is proud to announce the promotion of Rick Razum to Chief Executive Officer and President, effective January 1, 2020. For the past twelve years, Rick has played a vital role in the SBG team serving as First Vice President of Business Development and Information Technology.   

SBG Chairman of the Board, Gregg Nelson, said “Rick has a proven record in initiating and managing change in the rapidly evolving landscape of Community Banking. Rick has piloted the upgrade of the Bank’s Technology platform, developed ongoing relationships in the community that have increased the Bank’s loan and deposit portfolios, and he has demonstrated his leadership in every facet of the Bank. Rick’s focus on the Bank’s community-driven philosophy has been developed by meeting with local small business owners. Rick has the entrepreneurial attitude that SBG needs.”

Rick Razum“I feel very blessed, honored, and am excited to have the opportunity to grow the Bank, while assisting the community with their economic needs. I am eager to assist small businesses to help achieve their full growth potential. I look forward to continuing to work with the talented team at The State Bank of Geneva and am grateful to the SBG Board members, staff, and officers that have the confidence to entrust me with the position of President of the Bank,” added  Rick Razum.

Rick further stated, “I want to maintain SBG’s exemplary Customer Service by providing an open door policy and welcome visitors to drop by any time.”


About The State Bank of Geneva

SBG is a locally owned and operated community Bank that genuinely cares about their clients, offers strong client services, and a unique knowledge of local business. Since 1903, SBG has been forging lasting relationships through teamwork, respect, and integrity with the community and local business owners. If you need assistance with building a business, remodeling a home, or saving for an important life event; our locally owned and managed Bank offers full banking services, including deposit, loan, and trust and wealth management services from our location in downtown Geneva, IL (22 S. Fourth Street).  Our focus is making a difference in people’s lives.

Please visit like us at or call 630-232-3200 for more information on The State Bank of Geneva.