SCHAUMBURG, Ill., Sept. 9 /PRNewswire/ -- American Chartered Bank today
announced the appointment of John Mangan, (37), as senior vice president of
commercial lending. In addition, Mangan retains an ownership position with
American Chartered Bank.
In his role, Mangan is responsible for the generation and growth of the
bank's commercial business, including heading up the bank's new branch in
Mount Prospect. Before he joined American Chartered, Mangan was first vice
president and division head of LaSalle National Bank. Prior to joining
LaSalle in 1991, he was a vice president of American National Bank, Chicago.
"Mangan fits in with our plans to continue building the commercial and
industrial lending side of our business. He brings considerable knowledge to
this area. It's an exciting time for American Chartered Bank and we're
delighted to have John on board," says Bob Riter, chairman of the bank.
Mangan received his bachelor's degree from the University of Notre Dame in
May, 1983, and his masters degree from the University of Illinois in December
of 1984. He currently serves on the Board of Directors of OMNI Youth
Services.
Mangan currently resides in Arlington Heights, IL., with his wife and two
sons.
About American Chartered Bank
Founded in 1987, American Chartered Bank is an independently-owned, full-
service commercial bank servicing privately owned small and medium-sized
businesses and individual customers in the Greater Chicago area. Focused on
providing outstanding service and the best value to the people and businesses
in the communities which it serves, American Chartered Bank has become one of
the most successful banks in the industry, posting asset growth of more than
30% in 1997. American Chartered Bank is headquartered in Schaumburg with
branch locations in Palatine, Lake Zurich, Mount Prospect and Bartlett.
SOURCE American Chartered Bank
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CONTACT:
Bob Riter, Chairman, or Dan Miller,
President, of American Chartered Bank, 847-517-5400, or Media
Info., Lisa Miller, 312-640-6765, or General Info., Dan Reid,
312-640-6686, both of The Financial Relations Board
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