Tuesday, May 15, 2012

Heartland Bank Names Scherer Vice President of Mortgage Lending

Heartland Bank and Trust Company is pleased to announce that Paul Scherer has been named Vice President of Mortgage Lending for the local market, and is located at Heartland Bank’s 3501 W. War Memorial Dr. office in Peoria. He is responsible for developing new residential loan relationships and will manage the bank’s local residential lending team.

Scherer most recently served as Assistant Vice President for the bank in Pekin and, in addition to lending responsibilities, oversaw both Heartland Bank branch locations in that community. Having joined Heartland Bank in 2008, Scherer has 15 years of experience in lending. He attended school locally, graduating from Illinois State University with a Bachelor of Science in Economics. After college, he worked as a collections specialist then moved into retail banking as a Branch Manager and Mortgage Loan Originator. 

Scherer currently serves on the Board of Directors and as Ambassador for the Pekin Area Chamber of Commerce.  He is also a member of the local Rotary Club of Pekin, and is Superintendent of the Northfield Christian Fellowship Sunday School Department. Scherer currently resides in Tremont with his wife, Jennifer, and two children, Hannah and Jacob. 

Heartland Bank and Trust Company is an independently owned community bank with assets of $1.9 billion. Headquartered in Bloomington, IL, the bank has offices in 30 communities throughout Illinois and Northeast Missouri. The bank offers a complete line of financial services to commercial and retail customers. More information is available on the bank’s website at www.hbtbank.com.