Fred Drake
Chairman at HBT FINANCIAL, INC.
Net worth: 327 M $ as of 30/04/2024
Profile
Fred L.
Drake is currently the Executive Chairman at HBT Financial, Inc., the Chairman at State Bank of Lincoln (Illinois), and the Executive Chairman at Heartland Bank & Trust Co. He previously served as the Chairman at First Federal Bancshares, Inc. (Illinois) and Lincoln Banking Co. Ltd.
(Colorado).
Mr. Drake obtained his undergraduate degree and MBA from the University of Illinois.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
HBT FINANCIAL, INC.
54.80% | 01/04/2024 | 17,339,819 ( 54.80% ) | 327 M $ | 30/04/2024 |
Fred Drake active positions
| Companies | Position | Start |
|---|---|---|
| HBT FINANCIAL, INC. | Chairman | 01/01/2006 |
Heartland Bank & Trust Co.
 Heartland Bank & Trust Co. Regional BanksFinance Heartland Bank & Trust Co. operates as a state chartered commercial bank. The company is headquartered in Bloomington, IL. | Chairman | 01/01/1982 |
State Bank of Lincoln (Illinois)
 State Bank of Lincoln (Illinois) Regional BanksFinance State Bank of Lincoln operates as a state chartered commercial bank. The firm offers personal services, financial services, business services and customer support. The company was founded on January 16, 1904 and is headquartered in Lincoln, IL. | Chairman | 01/01/2012 |
Former positions of Fred Drake
| Companies | Position | End |
|---|---|---|
First Federal Bancshares, Inc. (Illinois)
 First Federal Bancshares, Inc. (Illinois) Savings BanksFinance First Federal Bancshares, Inc. provides banking and financial services. Its services include mortgage and payment processing, loan application, credit card application, accounting solutions, tax preparation, financial analysis, insurance, and payroll processing services to its clients. The company is headquartered in Colchester, IL. | Chairman | 01/03/2013 |
| Lincoln Banking Co. Ltd. (Colorado) | Chairman | 22/01/2013 |
Training of Fred Drake
| University of Illinois | Masters Business Admin |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 1 |
|---|---|
| HBT FINANCIAL, INC. | Finance |
| Private companies | 4 |
|---|---|
First Federal Bancshares, Inc. (Illinois)
First Federal Bancshares, Inc. (Illinois) Savings BanksFinance First Federal Bancshares, Inc. provides banking and financial services. Its services include mortgage and payment processing, loan application, credit card application, accounting solutions, tax preparation, financial analysis, insurance, and payroll processing services to its clients. The company is headquartered in Colchester, IL. | Finance |
Heartland Bank & Trust Co.
Heartland Bank & Trust Co. Regional BanksFinance Heartland Bank & Trust Co. operates as a state chartered commercial bank. The company is headquartered in Bloomington, IL. | Finance |
| Lincoln Banking Co. Ltd. (Colorado) | Finance |
State Bank of Lincoln (Illinois)
State Bank of Lincoln (Illinois) Regional BanksFinance State Bank of Lincoln operates as a state chartered commercial bank. The firm offers personal services, financial services, business services and customer support. The company was founded on January 16, 1904 and is headquartered in Lincoln, IL. | Finance |
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