Press Releases and Fresh News

Bank Events

  • Wilmington 'Back to School' Drive - Monday, August 12 thru August 30, 2024
  • Grundy Bank Hot Dog Contest - Friday, June 7, 2024 
  • Grundy Bank Ice Cream Social - Friday, July 21, 2024 from 1pm-3pm 
  • Grundy Bank "Connect @ 4" - Thursday, September 19, 2024
  • Grundy Bank Winter Coat Drive  - Monday, October 28, 2024 thru Friday, November 22, 2024

National Agriculture Week and Day

March 17-23 and 19, 2024

National Ag Day, a time when producers, agricultural associations, corporations, universities, government agencies and countless others across America gather to recognize and celebrate the abundance provided by American agriculture. 



Press Releases


Grundy Bank Donates $250,000 To Morris Community YMCA


November 2021

Grundy Bank gave a $250,000 gift to the Morris Community YMCA this week, according to a news release from the YMCA.

The gift will fund the YMCA ‘s Capital Campaign this week and help support The Grundy Bank/Ron Wohlwend Childhood Development Fund, an endowed fund to help ensure children can participate in Y programs even if they can’t afford them, the release said.

The Grundy Bank/Ron Wohlwend Childhood Development Fund was named in honor of the late Ron Wohlwend.

Wohlwend served as Grundy Bank’s president and Chief Executive Officer for 18 years and honorary chairman of the Morris YMCA’s Capital Campaign before his death earlier this year.

The YMCA is raising funds to build a 50,000-square-foot YMCA and health care center in partnership with Morris Hospital. The facility, which the Y hopes to open in a few years, will be located near the Morris grade school.

Grundy Bank Donates Land And $20,000 To The City Of Morris

November 2021

Learn More

Tom Tesdal Joins Grundy Bank

Tom Tesdal 

October  2021

Tom Tesdal has joined Grundy Bank as an ambassador of the bank’s commercial and agricultural lending division, according to a press release issued by Kevin L. Olson, President and CEO of Grundy Bank.

Tesdal brings 45 years of banking experience to Grundy Bank and is excited to continue to be part of the community that he truly loves.

Throughout Tesdal’s years, he has volunteered as a board director for Kendall-Grundy Farm Bureau, Grundy County Community Volunteer Hospice, Illinois FFA Foundation, MALS, Grundy County Planning Commission and the Community Foundation of Grundy County. Tesdal currently holds board positions on the Grundy County Housing Authority Board and is a Trustee for the Erienna Township.

Tesdal also enjoyed volunteering with organizations such as We Care, Grundy County Chamber of Commerce & Industry, Grundy County Housing Authority, Community Nutrition Network, United Way, Grundy County Corn Festival, Farm Fair, 4-H, FFA and Morris Lions Club.

“The banking world allows us to get involved with people of the community we might not normally meet; Grundy Bank is giving me the opportunity to continue to meet people and give back to the Morris community,” Tesdal said.

“Grundy Bank looks forward to working with Tom and helping him create more memories and relationships along the way,” Olson said.

Grundy Bank Welcomes Joe Schmitz

Joe Schmitz 

October 2019

We are beyond excited to announce Joe Schmitz has joined the GB Team! Please read the most recent press release below on how Joe will be helping GB and how GB will be helping St. Nick.

Kevin Olson, President and CEO of Grundy Bank is shown welcoming Joe Schmitz as a new member of the bank’s staff. Olson said, “It’s with great excitement that all of us at Grundy Bank welcome Joe Schmitz who is joining the bank on a part time basis to assist JR Hock with the bank’s marketing efforts, their overall commitment to community relations, plus working with prospective clients.”

He continued, “Schmitz is a well-respected community leader with a banking career that dates back to 1976 until his retirement as President and CEO of Exchange Bank of Gardner.”

Joe has been actively involved in our Grundy County Community at ICS school and church, charter member of MALS, and the Grundy County Community Foundation Board of Directors. He also served on the boards of Grundy County Hospice, Crime Stoppers, Grundy County Heart Fund, Grundy County Chamber of Commerce, Illinois Transplant Fund, Korean/Vietnam Memorial, Morris Police Pension Fund, Gardner Industrial Committee, United Way, plus coaching Morris Little League baseball and Morris’s girls fast pitch softball which saw the girls team win the Girls Colt World Series Championship in 1988.

Schmitz and his wife, Carol, founded Operation St. Nick in 1979 where he continues as President.

Olson said, “We’re also delighted that Operation St. Nick will be housed here in Grundy Bank. Our employees are anxious to help with their Radio Auction each December, and other responsibilities that make St. Nick continue as one of the Gold Standard charities serving Grundy County families.”

Schmitz has been the recipient of several honors and awards and most recently was inducted into the Morris Community High School Hall of Distinction this past January, and last month was named one of the Joliet Herald-News & Morris Herald-News Everyday Heroes for his philanthropic efforts through Operation St. Nick.

Schmitz said, “It’s a pleasure for Operation St. Nick and myself to be associated with Grundy Bank. I look forward to returning to the heartbeat of the community, and that’s through true community banking which Grundy Bank has been practicing since 1864. It excites me when I think about helping the bank and JR Hock with their community relations and marketing efforts as they continue to grow serving all of Grundy County.”

St. Nick Press Releases

Grundy Bank Opens A New Branch In Morris

New Branch Opening 

April 2019

Grundy Bank opened a new branch in Morris located at 444 Bedford Road in April 2019. This branch, known as the "Bedford Branch", has a coin machine in the lobby and a 24-hour ATM. The Ribbon Cutting for this branch was on Wednesday, May 22nd where clients, business colleagues and community members were invited to attend.

Drive-up hours are Monday - Friday 7:30 am to 6 pm & Saturday 7:30 am to Noon

Pictured to the right: J.R. Hock Commercial Banking Officer & Marketing Coordinator of Grundy Bank, Brittany Herman, Client Services Specialist at the Bedford Branch, Brandi Backulich, Client Services Specialist of Grundy Bank, Kevin Olson, President & CEO of Grundy Bank, City of Morris Mayor Dick Kopczick, Robert Beattie, Client Services Specialist at the Bedford Branch, Kelly Adamick, Client Services Specialist at the Bedford Branch and Christina Van Yperen, Executive Director at the Grundy County Chamber of Commerce.

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