First Bankers Trust CEO named to Illinois Bankers Association board

Published 8:40 am Wednesday, July 29, 2026

QUINCY — Allen W. Shafer, president and chief executive officer of First Bankers Trust Company, N.A., has been appointed to the Illinois Bankers Association Board of Directors for the 2026-2027 term, the bank announced.

The appointment was announced during the association’s 2026 Washington Visit and Salute to Leadership event in Washington, D.C.

Shafer has led First Bankers Trust as president and CEO since 2016 and brings more than 30 years of banking experience to the board, having overseen strategic growth initiatives across the Midwest during his career.

“We are honored to see Allen recognized with this appointment,” said Bill Daniels, chairman of the board of First Bankers Trustshares Inc. “His leadership, commitment to community banking, and dedication to serving our customers and communities make him an excellent representative for both First Bankers Trust and the banking industry throughout Illinois.”

As a board member, Shafer will join banking leaders from across the state in guiding the association’s work on advocacy, education, and industry issues. The Illinois Bankers Association represents banks of all sizes and serves as a leading voice for the state’s banking industry.

“This appointment is both an honor and an opportunity to further support the banking industry and the communities we serve,” Shafer said. “I look forward to working with fellow board members to advocate for Illinois banks and help shape the future of our industry.”

First Bankers Trust Company, N.A., headquartered in Quincy, is a subsidiary of First Bankers Trustshares Inc. and describes itself as the largest bank in Adams County. The bank offers personal, mortgage, consumer, business, and agricultural lending services, along with specialized divisions including Buck Land Funding, which finances recreational hunting land, and MHC Funding, which finances mobile home communities. The bank also operates ATTY Financial, a banking platform aimed at attorneys and law firms.

First Bankers Trust has branch locations in Quincy, Macomb, Mendon, Carthage, Rushville, and Springfield, Illinois, along with loan production offices in O’Fallon, Illinois, and St. Charles, Missouri. Its parent company, First Bankers Trustshares Inc., was incorporated in 1988 and trades over the counter under the symbol FBTT.