Local

McHenry County's State Bank Group names new president and CEO

Michelle Toll
Michelle Toll

The State Bank Group has promoted Michelle Toll as its new president and CEO.

Toll started with the bank in 1998 and has served in various leadership roles at during her 20-year tenure, including most recently as executive vice president and chief operating officer.

Toll will guide the bank’s leadership team to ensure the effective implementation and execution of critical processes, procedures and systems required to better serve customers. Toll also will join the board to serve as a director. She holds an Master of Business Administration from Webster University and is a graduate of the University of Wisconsin Graduate School of Banking.

Toll is passionate about community banking and actively serves on the board of directors for the Illinois Bankers Association. Toll was named the IBA’s volunteer of the year in 2017 for her many contributions to the association and the community banking industry.

Founded in 1979 as an Illinois state chartered bank, The State Bank Group is a full-service, locally owned community bank. The bank has $230 million in assets and has eight locations in McHenry County.

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