Rockford Bank & Trust announces independent directors

StoryImage( ‘/Images/Story//Auto-img-11158336158031.jpg’, ”, ‘Charles E. Box’);
StoryImage( ‘/Images/Story//Auto-img-111583363916286.jpg’, ”, ‘F. Taylor Carlin’);
StoryImage( ‘/Images/Story//Auto-img-111583366211915.jpg’, ”, ‘James P. Hamilton’);
StoryImage( ‘/Images/Story//Auto-img-111583368517378.jpg’, ”, ‘John D. Witcher’);

Rockford Bank & Trust President and Chief Executive Officer, Thomas D. Budd, announced the appointment of the Bank’s independent directors. “We are pleased to announce that such a distinguished collection of local Rockford business and community leaders have agreed to join our organization,” stated Budd.

F. Taylor Carlin was named Chairman of the Board. Carlin is the retired Chief Financial Officer of AMCORE Financial Inc., and has served on numerous not-for-profit boards including his service as the chairman and interim CEO of Rockford Health Systems. He is a Certified Public Accountant and earned his MBA from the University of Michigan.

Charles E. Box, the former Mayor of Rockford (1989-2001), is a native of Rockford, and a graduate of Auburn High School, Dartmouth College, and the University of Michigan Law School. Box serves on the Rockford College Board of Trustees, the Illinois Children’s Healthcare Foundation, the Illinois Arts Council, Illinois Growth Enterprises, and numerous other not-for-profit boards.

James P. Hamilton is the founder and current President and CEO of Milestone Inc. Milestone serves developmentally disabled adults and children (Rocvale) and provides dental care for the disabled through the first clinic in the country devoted to those individuals. Hamilton also serves on a variety of state boards involving mental health and developmental disabilities, and is a graduate of Southern Illinois University.

John D. Whitcher is vice president and general counsel, as well as director and Shareholder, of Viking Chemical Company. Whitcher earned his undergraduate and juris doctorate degrees from Southern Methodist University. He is the former president of both the Northern Illinois Chapter of Big Brothers/Big Sisters and the Crusader Clinic Health Foundation and remains active in the Rockford community.

Rockford Bank & Trust was officially chartered on Jan. 3, 2005, and is committed to building a better Rockford. Rockford Bank & Trust currently employs 11 individuals and expects to employ up to 14 by the end of 2005. “We are extremely excited about the future of Rockford,” Budd stated. “There is a an aura of rejuvenation within the city, and it is not limited to the Perryville corridor. We are excited to be a part of this ongoing rebirth and to be located in the heart of this great community, positioned to serve all of Rockford’s individuals and businesses.” RB&T also recently announced plans to expand with the construction of a new branch at the corner of Guilford and Alpine Road, in early 2006.

Rockford Bank & Trust is a wholly owned subsidiary of QCR Holdings, Inc., headquartered in Moline, Ill. QCR Holdings Inc. is a multi-bank holding company, which serves the Quad Cities, Cedar Rapids, and Rockford communities via its wholly-owned subsidiary banks. Quad City Bank & Trust, which is based in Bettendorf, Iowa, and commenced operations in 1994, Cedar Rapids Bank & Trust, which is based in Cedar Rapids, Iowa and commenced operations in 2001, and Rockford Bank & Trust, which is based in Rockford and commenced operations in 2005, provide full-service commercial and consumer banking and trust and asset management services. The company also engages in credit card processing through its wholly-owned subsidiary, Quad City Bancard Inc., based in Moline, Ill.

From the May 11-17, 2005 issue

Enjoy The Rock River Times? Help spread the word!