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Financial Services

Free Services

Alternative for Older Adults
804 W. Jackson St., Macomb, IL 61455 309-837-7112 or 800-798-0988
http://www.4olderadults.org

  • Offers a money mamagement service to assist older adults with their financial affairs when the task becomes too difficult
  • Screened and approved volunteers meet regularly one-on-one with clients to help organize and pay bills
  • Bill payer and representative payee services can be coordinated.

Senior Health Insurance Program (S.H.I.P.)

Program provides volunteers trained by the IL Division of Insurance who understand and assist with Medicare and insurance billings and evaluate Medicare supplement insurance. Available at the following local locations:

  • YMCA Senior Center
    400 E. Calhoun St., Macomb, IL 61455 309-837-5733
  • McDonough District Hospital
    Macomb, IL 61455 309-836-1579

Services for a Fee

Most McDonough County banks have general financial services helpful to seniors, but only a few banks have Trust Depts. that can evaluate and assist seniors and their families with special financial needs. There are fees for this type of management service.

A partial list of these services is:

  • AgencyAccount to assist with bill payments.
  • Custodian Account to assist in holding assets.
  • Power of Attorney Account to assist with general financial issues.
  • Investment Management Account to assist with an investment portfolio.
  • Trustee or Successor Trustee of a Trust.
  • Executor for an Estate.
  • Guardian for a child of a disabled Adult.
  • Farm Management to assist in managing farm real estate.

Banks

Call the bank or of your choice to inquire whether Financial Management services are offered

  • Citizens Bank - Div. of Morton Community Bank
    127 S. Side Square, Macomb, IL 309-833-4551
  • Colchester State Bank
    113 E. Depot, Colchester, IL 309-776-3245
  • Farmers & Merchants State Bank
    484 E. Main, Bushnell, IL 309-772-2171
  • First State Bankers Trust Co.
    440 N. Lafayette, Macomb, IL 309-837-6664
  • First State Bank of Illinois
    500 E. Jackson, Macomb, IL 309-837-3935
  • First State Bank of Western Illinois
    135 S. Main, Blandinsville, IL 309-652-3122
  • Heartland Bank
    430 W. Jackson, Macomb, IL 309-837-9988
    109 E. Depot, Colchester, IL 309-776-3225
    190 E. Hurst, Bushnell, IL 309-773-2181
  • Mid-America National Bank
    130 N. Side Square, Macomb, IL 309-833-411
  • Raritan State Bank
    360 S. Green, Bushnell, IL 309-772-2345
  • Schuyler State Bank
    1661 E. Jackson, Macomb, IL 309-833-1200
  • State Bank of Industry
    101 W. Main, Industry, IL 309-254-3434
  • Woodforest National Bank
    1730 E. Jackson, Macomb, IL 309-837-1155