Old Second Bancorp, Inc. Announces William B. Skoglund, Resigned as Chairman
May 18, 2022 at 05:30 pm EDT
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On May 17, 2022, the Chairman of Old Second Bancorp, Inc.'s board of directors, William B. Skoglund, resigned as Chairman to allow for a transition period before he resigns as a director in July 2023, pursuant to board resignation policy that requires mandatory retirement upon attaining age 73.
Old Second Bancorp, Inc. serves as the bank holding company for its wholly owned subsidiary bank, Old Second National Bank (the Bank). The Bank is a full-service banking business offering a range of deposit products, trust and wealth management services, lending services, and deposit services, including demand, NOW, money market, savings, time deposit and individual retirement accounts. It also offers commercial, industrial, consumer and real estate lending, including installment loans, agricultural loans, lines of credit, lease financing receivables and overdraft checking, and safe deposit operations. It provides variety of additional services to the needs of individual customers, such as the money orders, cashiersâ checks and foreign currency, direct deposit, discount brokerage, debit cards, credit cards, and other special services. It also provides complement of electronic banking services such as online and mobile banking and corporate cash management products.
OLD SECOND BANCORP, INC. 
