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The Business & Civic Council

Board of Directors

Frank Pellegrini, Chairman Pres., Prairie Title; Partner, Pellegrini & Cristiano

Donna Carroll Pres., Dominican Univ.

Mike Fox Vice Pres., RP Fox and Assoc.

Willis Johnson Pres., Tivoli Enterprises (Lake Theatre)

Martin Noll Pres., Community Bank of Oak Park and River Forest

William Strong Homeowner; Managing Dir., Jasculca/Terman and Assoc.

Membership

Gary S. Collins Vice Chairman, The Private Bank; board member Wednesday Journal Inc.

John Eckenroad Pres., OPDC

Bruce Elegant Pres. & CEO, Rush Oak Park Hospital

A. Richard Gloor Pres., Gloor Realty

Tim Hague Pres., Taxman Corp.

Michael Kelly Pres., First Bank of Oak Park

David King David King & Assoc.

Ruth McLaren Senior Vice Pres., Community Bank of Oak Park and River Forest

Gregory Melnyk Attorney

William Planek Greenplan Management

Terry Rice Foley Rice Cadillac Oldsmobile

Sara Rickert Vice Pres., OPDC

Philip Rock Attorney, former pres. of the Illinois Senate

Dr. Louis Scannicchio Physician and real estate investor

 

OP banks rank high
It's business as usual for Mike Kelly and Oak Park-based FBOP Corp.: his Chicago-area banks all rank near the top in terms of profitability on a recent Crain's Chicago Business list.

Four of the top 15 banks in the Chicago area are owned by First Bank of Oak Park, a company with $11.5 billion in assets that Kelly is the sole shareholder of.

Ranked fourth, Pullman Bank and Trust pulled in a 2.27 percent return on average assets in 2003. First Bank of Oak Park ranked ninth, with a 2.11 percent return. Cosmopolitan Bank and Trust ranked 10th, with a return of 2.02 percent, and Park National Bank and Trust of Chicago was tied for 14th with a 1.90 percent return.

Kelly has increased assets at First Bank of Oak Park 75 percent in 14 years, and added banks to the FBOP portfolio from California, Texas and Arizona.

Last year, First Bank ranked second on Crain's list, with a 2.60 percent return.

Kelly is known for making banks profitable, but he's also known for giving back to the community.

But the billion-dollar exec is known for being tight-lipped. He just isn't given to self-promotion say those in the community who know him.

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