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Doug Sanders to retire after 28 years leading Galesburg’s F&M Bank, now CBI

After nearly four decades in banking, Doug Sanders will retire as president and CEO of the F&M Bank Division of CBI Bank & Trust effective Jan. 5, 2026. Sanders joined what was then known as F&M Bank in 1997 and rose through the ranks to serve as executive vice president, chief investment officer, and eventually president and CEO of the Galesburg-area operations. Under his leadership, assets in the bank’s Knox, Warren, and Peoria County markets …
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WGIL 93.7 FM & 1400 AM broke the news in on Monday, December 8, 2025.
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