Community First Bank (CFB) traces its beginnings to 1871 when the First National Bank of Boscobel was organized by Dwight Parker. Its premises were on the second floor of the present Unique Cafe. Following lending difficulties, the bank was succeeded in 1879 by Pipkin Bank, a private bank. Another predecessor bank, State Bank of Boscobel, was incorporated in 1892 by Matt and Will Pittman, druggists, in a corner of the front of their store (now Timber Lane Coffee and formerly the Cornerstone Bar). Under new state laws prohibiting private banks, in 1903 there was a name change to Pipkin State Bank. In 1905 Louis, John, and F.W. Ruka purchased the Pittman interests.In 1907, the business moved to new quarters across and down the street (now Von Haden Insurance). In 1908 Messrs. Kronshage and Betz purchased Pipkin's stock. In 1912, premises were acquired at 1006 Wisconsin Avenue and in 1913 the name was changed to Central State Bank. Central State and State Bank came together through consolidation in 1930 during depression years. At that time Central State Bank office on west Wisconsin Avenue was renovated to house the consolidated operations. In the middle of the 1960's Robert Morrison, Jr. and his family became the dominant shareholders with the Morrison family continuing its ownership to the present time. That location carried the bank until the early 1970's when an expansion next door and renovation was completed. The present bank building in Boscobel was completed in March 1994, and the former quarters sold to the City of Boscobel to be used as City Hall. Also in 1994, Boscobel State Bank changed its name to Community First Bank.
Community First Bank is the financial institution of choice in the markets we serve. Our customers are achieving greater success through our tailored financial solutions. We continue to provide innovative technology that allows our customers to maximize the value of the products and services that they receive from us. We are regarded by the business community as the financial institution that provides the best individualized service available. We sustain our profitable growth by fully developing our existing markets and customers. We continue to seek new opportunities in markets that allow us to maintain our uniqueness and respond to our customers changing needs. We attract and retain the best talent as a result of our professional development programs, career advancement opportunities, and competitive compensation package. We enjoy what we do and it is reflected in the quality of our work. We recognize and reward team members for their leadership abilities and outstanding achievements. The direct results of our efforts are an attractive return on our shareholders' investment through sustained profitable growth.
