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CBI Bank & Trust merges with SENB Bank

Bank officials say the same locations and staff will be maintained under the new ownership.
Credit: CBI Bank & Trust
Signs on former SENB locations are converted to CBIBT signs.

MUSCATINE, Iowa — Some banks across the Quad Cities will get an update following an acquisition.

Central Bancshares, Inc., the parent company of CBI Bank & Trust, completed its purchase of SENB Bank's parent company on Oct. 20. SENB locations will be rebranded as CBI branches in the near future. However, bank officials said most customers shouldn't notice any major differences.

“While signage will soon change, customers will not see any immediate changes. The bank will continue to operate at the same locations, supported by the same officers and staff. System conversions will take place in April 2024," Greg Kistler, President and CEO of CBI Bank & Trust and Central Bancshares, said.

SENB bank has locations throughout the Quad Cities region, including Moline, Bettendorf and Davenport.

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