Lincoln County lost a prominent businessman and civic leader this week with the passing of Donald E. Thompson, Sr.
Thompson Sr., 84, of Troy, passed away on Monday, March 31, 2014, at St. John’s Mercy Hospital in St. Louis.
Visitation was held on Thursday, April 3, from 3 p.m. to 8 p.m. at the McCoy-Blossom Funeral & Cremation Center, 1304 Boone St., Troy. Private family graveside interment was held on Friday, April 4. Pastor Carla Fletcher officiated.
Following his formal schooling, Donald worked at Silex Banking Co. and then later moved to Peoples Bank in Hawk Point. Later, following the purchase of the former Citizens Bank of Troy, the bank was renamed to Peoples Bank of Lincoln County and later Peoples Bank and Trust Company. Under his leadership, the bank has enjoyed phenomenal growth, with banks in several Lincoln County communities as well as one in O’Fallon and Bowling Green. Today Peoples Bank and Trust has assets over $400 million.
He and his wife, Virginia, moved from Hawk Point to Troy in 1995.
He was a loyal and well-respected businessman who played a big part in the growth of Lincoln County. Through his guidance, the bank has been at the forefront of significant economic projects, which has resulted in the creation of numerous job opportunities throughout the county. The Donald E. Thompson Family Charitable Foundation has provided scholarships for several students in the communities the bank serves and promoted other civic services.
Donald was community minded and was active in many Lincoln County organizations. He was a Rotarians, Kiwanis, 32nd degree Mason, member of the Scottish Rite and Shriners, and a charter member of Hawk Point Lions Club, which was formed in 1968. He also served many years as a trustee at Lincoln County Memorial Hospital, now the Lincoln County Medical Center, in Troy.
He was an organizer of the Midwest Independent Bank, an institution that serves independent community banks. He also was one of the founders of the Missouri Independent Bankers Association and later served as president of that association.
In addition to his wife, Virginia, he is survived by three sons and their wives: Donald and wife, Mary Lou Thompson, of Troy, David W. and wife, Peggy Thompson, of Troy, Lee and wife, Judy Thompson, of Troy; his brother, David A. Thompson, of Corso, and his sister, Alice and husband, Mike Mudd, of Ohio; 12 grandchildren; 21 great-grandchildren; one great-great-grandchild; other relatives and friends.