Biography

Fred L. Drake is Executive Chairman of the Company and of Heartland Bank. He joined Heartland Bank’s predecessor bank, Bank of Carlock, in 1983, and has been an integral part of the Company’s success since. In 1992, he led our entry into the Bloomington-Normal market, one of Heartland Bank’s most successful initiatives, setting the tone for the Company’s organic growth in the 1990s and early 2000s. He continues to provide leadership in all facets, including overall strategy, growth, and acquisitions. Mr. Drake holds a BS in Finance and an MBA, both from University of Illinois. Mr. Drake serves as Executive Chairman on our board and on the board of Heartland Bank.