Independently Owned Lakeside Bank Opens 7th Branch in Elmhurst; Staffs it With Locals

Lakeside Bank’s footprint has only grown during its 50 years in business — a testament to the value of its customer-centric, personalized approach to serving Chicago’s communities. The institution’s first foray beyond the city limits includes its newly opened seventh branch in Elmhurst, located in Elmhurst City Centre at 165 S. York St.

The move is a meaningful one for Lakeside Bank Chief Executive Officer Philip Cacciatore and President and Vice Chairman David Pinkerton, who are both long-time Elmhurst residents, and along with the Elmhurst staff, cumulatively share more than 80 years of local experience and knowledge.

Established in 1966, Lakeside Bank is a locally owned, community-oriented business that reinvests nearly 100 percent of its deposits back into its communities. Cacciatore credits the financial institution’s success to forward-thinking, convenient services tailored to small and medium-sized businesses.

“For personal, business or real estate banking needs, we build individual, long-term partnerships that yield real results,” Cacciatore said. “Opening a branch in Elmhurst was a natural next step. We are the core of the neighborhoods we serve and we invest in each and every one. Our relationships — married to powerful, individualized services — are what set us apart and establish us as a force for growth in our valued communities.”

The Elmhurst location truly reflects the city, with a staff comprised of proud local residents:

• Dan Welz, Senior Vice President and Director of Administration for all of Lakeside, has lived in Elmhurst for 17 years. He volunteers throughout the community, serving on boards for organizations including those for the Elmhurst Memorial Hospital Foundation, Elmhurst Chamber of Commerce and Lions Club. Welz also mentors business students of Elmhurst College and serves on the Visitation Catholic Church finance committee.
• Angela Villegas, Vice President and Branch Manager, is a 15-year Elmhurst resident and Immaculate Conception Catholic Prep graduate. Her daughter is a York High School alumna and her son is currently a junior there. Villegas also volunteers through the Elmhurst Kiwanis Club.
• Dan Bles, Assistant Branch Manager, is a York High School graduate who has lived in Elmhurst for 27 years.
• Dan Van Prooyen, Vice President of Commercial Lending, attended Timothy Christian Schools. His wife did, too, and their kids are enrolled there now. He has spent more than 15 years as a community banker.

Lakeside Bank opened its doors in 1966 on what is now Martin Luther King Jr. Drive in Chicago. It was the first bank in Chicago to offer services such as minimum balance checking, and has continued to lead the industry in “firsts.” Lakeside Bank survived the 2008 financial crisis with zero government assistance and for years has operated thriving branches in the Board of Trade, North Loop, South Loop, Chinatown, Near West Side and Lakeview/Lincoln Park and now, Elmhurst.

About Lakeside Bank (www.lakesidebank.com):

Lakeside Bank is a leading, independent community bank with $1.3 billion in assets that specializes in serving small and medium-sized businesses in Chicago. Through vigilance and leading business intelligence, its professionals seek to create, identify and serve niche markets consistent with their expertise. One of the many services Lakeside Bank offers is Kasasa Cash, a free checking account that pays a 2.25 percent interest rate. Learn about Kasasa Cash at lakesidebank.com or speak to a Lakeside Banker for Kasasa requirements. It’s about time.