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 Sunday, Aug. 31, the 243rd day of 2014. There are 122 days left in the year.

1864 -- 150 years ago: The Chicago and Rock Island Railroad will carry all who wish to attend the Chicago convention for half fare — that is, full fare to Chicago and return free.
1889 -- 125 years ago: Hardy Hetter, for several years yardmaster in the Burlington Railroad yards in Rock Island and Moline, was transferred to Beardstown. He was succeeded here by J.E. Albrecht.
1914 -- 100 years ago: Corn was estimated at 50 percent of the normal crop in Rock Island County by Crop Correspondent Thomas Campbell.
1939 -- 75 years ago: Robert Carroll, 12-year-old son of Mr. and Mrs. Farr Carroll, of near Aledo, won the grand championship of the Mercer County baby beef show with "Fat Stuff."
1964 -- 50 years ago: About 250 persons attended the first in a series of horse shows at the Hillandale Stables off Knoxville Road near Milan on Saturday afternoon and evening.
1989 -- 25 years ago: Ground was broken this morning for the $4.5 million Rock Valley Business Park near Rock Valley Plaza, Rock Island. The first building is 17,000 square feet for offices and a warehouse and should be completed by Dec. 1.




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