4 join American Bank board


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Posted Online: Nov. 26, 2012, 6:20 pm
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American Bank and Trust Company has added four new members to its nine-member board. They are Rakesh Alla, Matthew Stern, JohnTimmer and Vernon Wegerer.

Mr. Alla is chief operating officer forthe Quad Cities Kidney Center Ltd. Heearned a bachelor of arts in economicsand finance from Washington University in St. Louis and a masters of business administration degree in corporate strategy and marketing from the University of Michigan BusinessSchool in Ann Arbor, Mich..

Mr. Stern is president and chief financial officer of SternBeverage Inc. in Milan and is involved in the recently opened Stern Center in Rock Island. He graduated from Rock Island HighSchool and has a bachelor of arts in finance from the University of Illinois and master's degrees in business administration and finance from the University of Pennsylvania Wharton School.

Mr. Timmer a certified public accountant and financial planner, is president of Timmer and Associates, CPA, PC, with offices in Rock Island and Davenport. He is a graduate of RockIsland High School and has a bachelor of science in finance from the University of Illinois at Urbana-Champaign.

Mr. Wegerer, who previously was on the bank board for 20 years, is a founding member of KJWW Engineering Consultants. He has a bachelor of science in electrical engineering fromKansas State University.

American Bank and Trust Company, N.A., is a $400 million, full-servicefinancial institution offering commercial and personal retail services;commercial, consumer and residential mortgage lending; and trust, insurance and investment solutions with nine retail locations and 19 ATMs in the Quad-Cities and northeastern Illinois.

For more information, visit ambankqc.com.



















 



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  Today is Thursday, July 31, the 212th day of 2014. There are 153 days left in the year.

1864 -- 150 years ago: A corps of surgeons now occupies the new hospital quarters at the Garrison Hospital on the Rock Island Arsenal. A fence has been installed to enclose the prison hospital.
1889 -- 125 years ago: B. Winter has let a contract to Christ Schreiner for a two story brick building with a double store front on the south side of 3rd Avenue just west of 17th Street. The estimated cost was $4,500.
1914 -- 100 years ago: Germany sent simultaneous ultimatums to Russia and France, demanding that Russia suspend mobilization within 12 hours and demanding that France inform Germany within 18 hours. In the case of war between Germany and Russia, France would remain neutral.
1939 -- 75 years ago: Civil service offices at the post office and the Rock Island Arsenal were swamped as more than 700 youths sought 15 machinist apprenticeships at the Arsenal.
1964 -- 50 years ago: Last night, American Legion Post 246 in Moline figuratively handed over the trousers to a female ex-Marine and petticoat rule began. Olga Swanson, of Moline, was installed as the first woman commander of the post .
1989 -- 25 years ago: The Illinois Quad City Civic Center captured the excitement and interest of a convention of auditorium managers this weekend in Reno, Nev. Bill Adams, civic center authority chairman, said the 10,000-seat arena planned for downtown Moline has caught the eye of construction firms, suppliers, management teams and concession groups.








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