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About Us

On August 16, 1947, Standard Bank opened its doors at 79th and Ashland in Chicago. And since that time, we’ve continued to open the door to customer-centered banking services in communities and neighborhoods throughout Illinois and northwest Indiana.

Ours is a history of strategic growth and expansion. Yet, our growth has never caused us to lose sight of the important connection between local banking resources and the growth of local businesses. Today, we’re more committed than ever to promoting the value and stability of the communities we call home.

Our focus is local; our service is world-class

Mobile. Online. In person. You’ll always get the best in banking service no matter how you choose to connect with us. We’re your neighborhood banking network, offering you convenient access to personal and professional financial services – when you want it and where you want it. We bring value to your business and a positive presence to the community where you live.

Each of our branches participates in the community by hiring locally, partnering with schools and organizations and consistently getting to know our neighborhoods and businesses better. By volunteering for leadership roles in hundreds of community organizations and activities, Standard Bank and Trust expresses our commitment to being an active member of our local communities and neighborhoods.

We believe in our community’s future

What makes a bank a local bank is the people who make the decisions. The men and women of Standard Bank and Trust live and work in the communities and neighborhoods they serve. We are just as interested in the economic growth and stability of local communities as you are because we live and work here, too. We strive to be your trusted provider of financial services supporting your lifetime goals.

The Board of Directors of Standard Bank and Trust Company

Which is the wholly owned subsidiary of Standard Bancshares Inc.

Bonnie E. Balko – Secretary

Fredric A. DiPaolo

John D. Gallagher

Timothy J. Gallagher – Chairman

Lawrence P. Kelley – President, CEO & Vice Chairman of the Board

Allen Koranda

Mary A. Laraia

Thomas J. Mertens

Patrick Mulchrone

Alfred J. O’Malley – Chairman Emeritus

Howard K. Priess II

Robin C. Purdy

Robert A. Rosholt

Charles E. Shomo IV

The Southern Region Advisory Board of Directors

Consists of business leaders from communities served by Standard Bank locations in Coal City, Gardner, Joliet, Morris, Shorewood, South Wilmington and Wilmington.

Kelly Beaty – Southern Region President, Standard Bank

Guy Christensen

Ron Dibble

Louis Naretto

Ray Rub

Joseph Schmitz

Julious Shell

Bart Singletary

Theodore Smith


The Eastern Region Advisory Board of Directors

Consists of business leaders from the southeastern Chicago suburbs and northwestern Indiana. Both advisory boards work to further the bank’s growth in their geographic markets.

James Betkowski

J. Matthew Chambers

Nicholas Christy

Thomas Collins, Jr.

James Laskowski

Frederick Olthof

David Stevens

Thomas Zic – Advisory Board Chairman & Group Senior Vice President, Standard Bank