Full-Time
Posted on 9/19/2025
Local Chicago bank offering commercial banking
$16.50 - $20/hr
Montgomery, IL, USA
In Person
Old Second National Bank provides traditional banking services in the Chicago metropolitan area, offering deposits, loans, and a full set of card products (debit, credit, and prepaid) along with treasury services for commercial clients. Its products work by taking customer deposits, funding loans, and enabling payments and cash management through card usage and treasury services; the bank is modernizing its online experience with a new Corporate O2 platform to improve online banking for commercial customers. The bank differentiates itself through deep local roots and a strong focus on community commitment, combined with substantial commercial banking capabilities, including treasury management, tailored to individuals, families, and businesses in the Chicagoland area. Its goal is to serve the local community with personalized financial solutions, help clients manage money efficiently, and support business growth by providing reliable banking services and updated technology.
Company Size
501-1,000
Company Stage
IPO
Headquarters
Aurora, Illinois
Founded
1871
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Performance Bonus
DA Davidson raised its price target for Old Second Bancorp to $23 from $22 whilst maintaining a Neutral rating following the company's fourth-quarter earnings. The firm noted that whilst the Evergreen acquisition positively impacted Q4 results with a strong net interest margin, higher-than-normal net charge-offs were recorded. Old Second Bancorp reported net interest and dividend income of $83.1 million in Q4, with a tax-equivalent net interest margin of 5.09% and an adjusted efficiency ratio of 51.28%. The Aurora, Illinois-based regional bank holding company provides community banking services including retail and commercial banking, loans and wealth management. DA Davidson flagged elevated non-performing assets compared with peers as a key risk, though growth is expected to improve in 2026 with solid cost control.
AURORA AND OAK BROOK, IL / ACCESSWIRE / February 25, 2025 / Old Second Bancorp, Inc. (NASDAQ:OSBC) ("Old Second") and Bancorp Financial, Inc. ("Bancorp Financial", "Evergreen Bank") jointly announced today the signing of a definitive merger agreement for Old Second to acquire Bancorp Financial and its wholly-owned bank subsidiary, Evergreen Bank Group, in a cash and stock transaction. Under the terms of the merger agreement, which was unanimously approved by the Boards of Directors of both compa
OLD Second National Bank of Aurora acquired a new stake in Vertiv in the 4th quarter valued at about $30,000.
OLD Second National Bank of Aurora acquired a new stake in Vertiv in the 4th quarter worth approximately $30,000.
Aurora, Ill.-based Old Second Bancorp is acquiring Oak Brook, Ill.-based Bancorp Financial and its subsidiary Evergreen Bank in a nearly $200 million cash-and-stock deal.