SCHAUMBURG, Ill., Nov. 30 /PRNewswire/ -- American Chartered Bank (ACB),
one of Chicagoland's largest independently owned commercial banks, today
announced the appointment of Kent Scharringhausen as Senior Vice President for
Cash Management Sales and Product Development.
Mr. Scharringhausen, 40, will be responsible for developing and marketing
cash management solutions to corporate customers.
Previously, Scharringhausen was Vice President -- North American Cash
Management at Harris Bank, where he worked for 18 years.
According to American Chartered Bank President Dan Miller, "We believe
Kent Scharringhausen's significant experience in cash management operations
will enhance the quality and value-added service we provide to customers as a
premier middle-market bank."
Scharringhausen currently resides with his wife and child in Roselle, Ill.
He holds a B.S. from Indiana University and a M.B.A. from Roosevelt
University.
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. American
Chartered Bank has become one of the most successful banks in the industry,
posting asset growth of more than 37% in 1998. 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:
Dan Miller, President of American Chartered
Bank, 847-517-2240; or Jerry Murray, Vice President,
312-640-6740, General Info., Scott Ablin, 312-274-2274, both of
The Financial Relations Board
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