| Title | Banking Board of Illinois, State |
|---|---|
| Website | http://www.idfpr.com/Banks/CBT/BOARDS/Wbcvbds.asp |
| Contact Name | Jill Kreoger |
| Contact Title | Assistant to Director |
| Contact Phone | 217-557-8786 |
| Contact Email | |
| Function | The Board provides advice and guidance to the Division of Banking with respect to the supervision and regulation of state chartered banks and trust companies. Also serves as the Board of Trustees of the Illinois Bank Examiners' Education Foundation. Approves investments and expenditures of Foundation funds. |
| Term | 4 years. No member to serve more than 2 full 4-year terms. |
| Senate Confirmation | Yes |
| Party Affiliation | Not considered |
| Compensation | Expenses only |
| Qualifications | Public members may not be an officer or director of or owner, whether directly or indirectly, of more than 5% of the outstanding capital stock of any bank |
| Composition |
12 members (11 appointed by Governor): The Director of Divison of Banking, who serves as Chair. 2 members of the public Industry representatives from banks with asset sizes as follows: 2 representatives from banks with assets of $0 to $ 75 million 2 representatives from banks with assets of $75 to $150 million 2 representatives from banks with assets of $ 150 million to $500 million 2 representatives from banks with assets of $500 million to $2 billion 1 representative from assets over $2 billion |
| Chair | Director, Division of Banking, Department of Financial and Professional Regulation |
| Authority | 205 ILCS 5/78 |
|
Name (Last, First) |
Term Expires | Member Since | Appointed By | Position | County | Title |
|---|---|---|---|---|---|---|
| Becker, Joy F. | 12/31/2015 | 12/16/2011 | Governor | Member | Morgan | banks with assets of $150 million to $500 million |
| Derezinski, Lisa | 12/31/2014 | 12/16/2011 | Governor | Member | Cook | Public member |
| Field, Mark | 12/31/2014 | 12/16/2011 | Governor | Member | Adams | banks with assest of $0 to $ 75million |
| Flores, Manuel | Statute | Chair | Sangamon | Director, Division of Banking | ||
| Grady, Walter | 12/31/2015 | 12/16/2011 | Governor | Will | banks with assets of $500 million to $2 billion | |
| Jurgens, James | 12/31/2015 | 12/16/2011 | Governor | Member | Douglas | banks with assets of $75 million to $150 million |
| Polanski, S. Michael | 12/31/2014 | 12/16/2011 | Governor | Member | Cook | banks with assets of $500 million to $2 billion |
| Rand, Theodora | 12/31/2015 | 12/16/2011 | Governor | Member | Cook | Public member |
| Vacant | Governor | Member | None | banks with assests over $2 billion | ||
| Vacant | Governor | Member | None | banks with assests of $150 million to $500 million | ||
| Vacant | Governor | Member | None | banks with assests of $75 million to $150 million | ||
| Vacant | Governor | Member | None | banks with assets of $0 to $75 million |