Tuesday, January 4, 2011

24 attorneys vie for seat on 17th Circuit bench - Rockford, IL - Rockford Register Star

ROCKFORD — Twenty-four area lawyers have applied to become the 17th Judicial Circuit Court’s next judge.
The Administrative Office of Illinois Courts released a certified list Tuesday of people who have applied to fill the vacant associate judgeship:
Lawrence M. Bauer, Nicole L. Beran, Susan M. Brazas, Fredrick J. Brun, Richard M. Butera, Gregory E. Cox, Michael S. Drella, Mary J. Gaziano, John P. Giliberti, Patrick W. Hayes, Douglas R. Henry, James P. Hursh, Sasha S. Jonic, Mark T. Karner, Joseph B. Kosek, David J. Kurlinkus, Faye M. Lyon, Francis M. Martinez, Philip J. Nicolosi, Kerry F. Partridge, Charles J. Prorok, James C. Thompson, Paul R. Vella and Robert R. “Randy” Wilt.

The judges of the 17th Circuit are inviting written comments from all individuals and organizations regarding the candidates. Comments must be in letter format, signed — anonymous letters will not be accepted — and received by the chief judge no later than Jan. 21.
Send letters via U.S. mail to Chief Judge Janet R. Holmgren, Winnebago County Courthouse, 400 W. State St. Room 215, Rockford, IL 61101. No faxes, hand-delivered or e-mailed letters will be accepted.
Letters will be placed in each candidate’s file. Direct contact with any circuit or associate judge regarding an individual’s candidacy is prohibited.

Click on the following for more details:  24 attorneys vie for seat on 17th Circuit bench - Rockford, IL - Rockford Register Star

Bank Issues which received little news coverage

 

Thanks to a recent posting by City Barbs [http://www.citybarbs.com/?p=6007] this business news regarding Castle Bank has just come to light.  Much of this has not been covered by the local news media.

In June 2009 the Comptroller of the Currency [OCC] determined  that the “Bank has engaged in unsafe and unsound banking practices relating to its credit underwriting and administration, commercial real estate risk management, problem loan management, credit risk ratings, allowance for loans and lease losses, and Bank Secrecy Act program.”   OCC’s formal  “written agreement”  with Castle Bank is available at :  .http://www.occ.gov/static/enforcement-actions/ea2009-107.pdf  The various loan review and administration procedures that were required by that agreement are listed in that document.

The written agreement was signed by the Directors of the then Castle Bank, NA, DeKalb, Illinois and included the following notables:  John W. Castle (DeKalb), Jack D. Franks (Woodstock, State Representative of the 63rd District) and Herbert H. Franks (Marengo, attorney, father of Jack D.).  Mr. Castle is a long time Director of First National Bank of Omaha and First National of Nebraska, however currently (2010) he does not serve on either of those boards. The Franks  have been directors at Castle Bank since their family owned bank, First National Bank of Marengo merged with Castle Bank.  Castle Bank was founded in 1856 in Sandwich, Illinois and was owned by the Castle family for generations.

This enforcement action (EA#2009-107) was terminated on 11-1-2010; see:   http://www.occ.gov/news-issuances/news-releases/2010/nr-occ-2010-144.html .  This termination occurred after the merger of Castle Bank into First National Bank of Omaha.

Castle Bank of Illinois (current division name for the bank) has its main office in DeKalb with branches in Belvidere, DeKalb, Harvard, Huntley, Lake in the Hills, Marengo, Oswego, Plano, Sandwich, Sugar Grove, Sycamore, and Yorkville. 

Castle Bank is a division of First National Bank of Omaha, a subsidiary of First National of Nebraska. First National Bank of Omaha has 87 locations in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota and Texas (see map), 251 ATMs, 3,500 employees and $13.7 billion in assets.image

The largest privately owned banking company in the United States, Lauritzen Corporation, has controlled First National Bank of Omaha and First National of Nebraska for the past decade.   National City Corporation  and Lauritzen Corporation were the  two largest banking organizations denied TARP [Troubled Asset Recovery Program] funds in 2008 from the U.S. Treasury Department.

 

 

 

 

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Belvidere City Council sends IT proposal back to panel - Rockford, IL - Rockford Register Star

 

Morris argued that the position hasn’t existed before and work still has been done. Racz speculated that the 911 board has about $800,000 in the bank, money available to handle the full cost of the position without the city’s help. Gay couldn’t confirm that and said he didn’t believe that figure was accurate.

Belvidere City Council sends IT proposal back to panel - Rockford, IL - Rockford Register Star