Gerry Schuetzenhofer is appointed Chairman of the Board at First Clover Leaf Bank

 | Press Release 

March 12, 2012

For Immediate Release

EDWARDSVILLE, IL, March 12, 2012 – First Clover Leaf Bank announced that Gerry Schuetzenhofer has been appointed Chairman of the Board at First Clover Leaf Bank. Gerry is currently the president of Coldwell Banker Brown Realtors and Coldwell Banker Commercial Brown Realtors. Gerry’s role as Chairman will be to help guide the bank to its growth and safety goals while enhancing shareholder value and servicing customers at the highest possible level.

“The management and staff at First Clover Leaf Bank are very excited about working with Gerry”, says Dennis Terry, CEO and President of Fist Clover Leaf Bank. “He is a successful and astute businessman who brings a wealth of knowledge to the position of Chairman of the Board.” Gerry’s professional experience has been demonstrated by the success of Coldwell Banker Brown Realtors, which was recently ranked by the St. Louis Business Journal as the number one real estate company in the St. Louis Metro East. Gerry is also currently serving as Chairman of the Leadership Council of Southwestern Illinois and Vice Chairman of the Madison Bond County Workforce Investment Board. In addition, he donates his time on the Board of Directors for many organizations, including: Great River Workforce Development Corporation, EGHM School District #7 Foundation and the SIUE Foundation.

Gerry shared his thoughts about his new role, “I appreciate the confidence shown in me by the Board of Directors and I’m very happy to be the Chairman of First Clover Leaf Bank. As a true community bank, we are very focused on customer satisfaction, while offering all of the services available at the Megabanks. I am proud of the great employees we have and the service they provide our customers. As Chairman, my goal is to oversee the growth of the bank in a way that increases profits and shareholder value. Most importantly, the board will strive to safeguard the assets of the bank and maintain depositor and shareholder confidence.”

First Clover Leaf Bank is dedicated to maintaining and expanding their community bank model. The board of directors, management, and the employees understand the importance of being a part of the community. Mr. Schuetzenhofer’s goals and direction reinforces the bank’s mission to be a true partner to the communities in which they serve.

_____________________________________________________________________________________________

About First Clover Leaf Bank
First Clover Leaf Bank is a wholly owned subsidiary of First Clover Leaf Financial Corporation (NASDAQ: FCLF). First Clover Leaf Bank is headquartered in Edwardsville, Illinois, and devotes special attention to personal service and offers a full line of retail and commercial products. First Clover Leaf Bank is a strong advocate for community banking. Through a long term growth and expansion plan, First Clover Leaf Bank will continue to serve the Madison County Market and surrounding Metro East Communities.
Further information about the company is available at: http://www.firstcloverleafbank.com

###