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Agriculture

Bank appoints Lanxon as assistant vice president

Luke Lanxon
Luke Lanxon

John J. DuBois, president and CEO of Central Bank Illinois, recently announced the appointment of Luke Lanxon as assistant vice president. He will continue to work out of the Princeton main office.

Lanxon’s focus will remain developing and maintaining the banks nearly $200 million ag portfolio.

“Coupled with Central Bank’s assets of $886 million, ability to lend $22 million to a single entity and local decision-making, Luke is a great asset to our bank,” DuBois said.

Lanxon is a graduate of Sauk Valley Community College and earned his B.B.A. in management at Western Illinois University in 2009. Most recently, he worked at Manlius Oil Co. Inc. as a liquid propane delivery representative. Previous to that, he worked for the Sheffield Public Works Department, where he began as a high school student and worked up the ranks over his 11-year tenure.

Lanxon has served as a volunteer firefighter in Sheffield for more than 15 years, and is the acting department treasurer and secretary. He has coordinated and managed fundraising programs that have raised more than $75,000 to purchase new trucks and equipment in order to avoid raising taxes in the community. He is also a Sheffield Village Board member and has been an assistant coach for many teams, including the Sheffield Farm League baseball team.

“Luke’s experience in account management and development will serve him well in his role with the bank,” Rick R. Clary, Princeton Community Bank president, said.

“He is just a likable person with a strong work ethic and passion for developing lasting relationships,” Clary said.

Lanxon is a lifelong resident of Sheffield, and enjoys golfing and spending time with his family. He and his wife, Jordan, are expecting their first child in July.

“Luke looks forward to continuing to serve the Bureau County area with their lending needs,” Clary said.

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