Old Second Bancorp, Inc. Announces Appointment of Directors
October 19, 2020 at 12:35 pm EDT
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On October 19, 2020 Old Second Bancorp, Inc. announced that the Board increased its size to 13 directors and appointed Billy J. Lyons, Jr. and Jill E. York to fill the newly-created seats, effective immediately. Mr. Lyons and Ms. York were also elected to serve on the board of directors of our subsidiary bank, Old Second National Bank (the Bank"). Mr. Lyons has extensive experience in bank regulation and supervision having served for over 30 years with the Office of the Comptroller of the Currency, most recently as a National Bank Examiner, before his retirement in December 2019. Ms. York has extensive executive-level experience in the banking industry, most recently serving as President, Head of Equipment Finance and Leasing Solutions for Fifth Third Bank until April 2020.
Old Second Bancorp, Inc. serves as the bank holding company for its wholly owned subsidiary bank, Old Second National Bank (the Bank). The Bank is a full-service banking business offering a range of deposit products, trust and wealth management services, lending services, and deposit services, including demand, NOW, money market, savings, time deposit and individual retirement accounts. It also offers commercial, industrial, consumer and real estate lending, including installment loans, agricultural loans, lines of credit, lease financing receivables and overdraft checking, and safe deposit operations. It provides variety of additional services to the needs of individual customers, such as the money orders, cashiersâ checks and foreign currency, direct deposit, discount brokerage, debit cards, credit cards, and other special services. It also provides complement of electronic banking services such as online and mobile banking and corporate cash management products.