Old Second Bancorp, Inc. Announces Executive Changes
August 15, 2023 at 03:55 pm EDT
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On August 15, 2023 the board of directors of Old Second Bancorp, Inc. appointed Bradley S. Adams to serve as the company's Chief Operating Officer. In connection with Mr. Adams' appointment as Chief Operating Officer, James L. Eccher will no longer serve in that position effective August 15, 2023. Mr. Eccher will continue to serve as the Company's Chairman, President and Chief Executive Officer.
Mr. Adams will continue to also serve as the company's Chief Financial Officer.
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.