The State Bank of Bement was organized on January 9, 1914, at 105 East Bodman Street under a charter issued by the State of Illinois Auditor’s Office by acquiring the assets of H. L. Timmons & Company. On July 15, 2017, State Bank of Bement opened a branch at 1927 North Market Street in Monticello. The State Bank of Bement - Monticello Branch can assist with checking, savings, certificate of deposit and lending needs, in addition to many other products and services.