2022 Virtual Educational Series


We are excited to announce First State Bank and Trust’s 2022 Virtual Educational Series!


State of the U.S. Economy // August 17 at 12:00 p.m. 

Thomas Hoenig's will be giving a virtual presentation on the current State of the U.S. Economy.


Speaker Bio:
Thomas Hoenig is a Distinguished Senior Fellow at the Mercatus Center at George Mason University. His research focuses on the long-term impact of the politicization of financial services as well as the effects of government granted privileges and market performance.

Prior to joining the Mercatus Center,  Mr. Hoenig served as Vice Chairman of the Federal Deposit Insurance Corporation from 2012 until 2018. In that capacity, he oversaw FDIC operations and policy related to deposit insurance pricing, bank supervision, and financial stability and bank resolution. He served as Chair of the FDIC’s Bank Appeals and Audit Committees, and served as Director of NeighborWorks America, which was established by Congress in 1978 to address housing issues nationwide. He also served as a member of the International Association of Deposit Insurers’ board from 2012 to 2017, and as the President and Chairman from October 2015 to October 2017.

Previously, Mr. Hoenig was President and Chief Executive Officer of the Federal Reserve Bank of Kansas City and a member of the Federal Reserve System's Federal Open Market Committee from 1991 to 2011. Mr. Hoenig was with the Federal Reserve for 38 years, beginning as an economist and then as a senior officer in banking supervision. As President and Chief Executive Officer, he led the Federal Reserve Bank of Kansas City during the Great Recession and the banking crisis of 2008 and 2009.

WHEN: Wednesday, August 17 at 12:00 p.m. CST
WHERE: Virtual - GoToWebinar 


American Red Cross Blood Drive

Be part of something big. Give blood. We are hosting monthly blood drives at our Hudson office. Visit redcrossblood.org and enter Hudson to schedule an appointment. 



New Hudson Location - Now Open!


Community Commitment

First State Bank and Trust encourages a culture of caring and commitment, demonstrated through community outreach and development. It is important to both employees and the Board of Directors that the Bank support nonprofit organizations and community projects, some which are:


Financial Solutions Partnership

First State Bank and Trust partners with FamilyMeans Consumer Credit Counseling Service (CCCS) to provide customers with access to financial counseling and education services. The following services are provided free of charge or at a minimal cost to all First State Bank and Trust customers.

  • Budget & Credit Counseling (In-person, telephone, mail or online)
  • Debt Management Plan
  • Credit Report Review Counseling
  • Financial Education
  • Online financial tools and information

Services can be accessed by calling 1.800.780.2890 or 651.789.4014, or visiting the FamilyMeans website at https://familymeans.org/financial-solutions.html

FamilyMeans CCCS is licensed in Minnesota as a Debt Management Services Provider and in Wisconsin as an Adjustment Service Company. All counselors are certified through the National Foundation for Credit Counseling.

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