First State Bank Expanding to Chesterfield

First State Bank of St. Charles has chosen Chesterfield for its first expansion outside of  its home territory. 

The St. Louis Post-Dispatch reported Wednesday that the bank will open a full-service retail branch at 17050 Baxter Road in Chesterfield Dec. 10. 

First State Bank of St. Charles is led by President and CEO David Strautz and had total assests of $262.9 million as of September 2012, according to the Post-Dispatch.