Northern States Financial Corporation
1601 North Lewis Avenue
Waukegan,
IL 60085
United States - Map
Phone: 847-244-6000
Fax: 847-244-7485
Web Site: http://www.nsfc.net
| Northern States Financial Corporation operates as the bank holding company for NorStates Bank that provides community banking to individuals, businesses, and local governmental units in northeastern Illinois and southeastern Wisconsin. It accepts a range of deposit products consisting of negotiable order of withdrawal, money market, demand, savings, time, and individual retirement accounts. The company also offers commercial and retail lending services to corporations, partnerships, and individuals, including commercial business loans, commercial and residential real estate construction and mortgage loans, term loans for the acquisition of equipment and other purposes, revolving lines of credit for working capital purposes, and letters of credit, as well as consumer loans, such as loans for motor vehicles and home improvement, home equity loans, unsecured loans, overdraft checking, and small personal credit lines. In addition, it provides installment loans, which comprise direct and indirect loans; originates commercial and residential mortgages on behalf of other financial institutions; and offers various services, including the sale of travelerÂ’s checks, money orders, cashierÂ’s checks, and foreign currency, as well as safe deposit and direct deposit services to individual customers. Further, the company acts as an executor, administrator, trustee, conservator, guardian, custodian, and agent for trusts. As of December 31, 2008, it operated three branch offices in Waukegan; one office located in Antioch; one office located in Gurnee; one office located in Winthrop Harbor; one office in Round Lake Beach; and one office in Round Lake. The company was founded in 1919 and is based in Waukegan, Illinois. |
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| Key Statistics |
| |
| | Pay | Exercised | Mr. Fred Abdula , 83
Chairman, Chief Exec. Officer, Pres and Chairman of NorStates Bank |
$
212.00K | N/A | Mr. Thomas M. Nemeth , 54
Principal Financial Officer, Principal Accounting Officer, VP, Treasurer, Sr. VP of Norstates Bank and Controller of Norstates Bank |
$
130.00K | N/A | Ms. Helen Rumsa , 84
Sec., Director, Member of Compensation & Employee Benefits Committee, Member of Nominating & Corp. Governance Committee, Member of Audit Committee of NorStates Bank |
$
16.00K | N/A | Mr. Scott Yelvington , 53
Exec. VP, Director, Pres of NorStates Bank, Chief Operating Officer of NorStates Bank of NorStates Bank |
$
67.00K | N/A | Shelly Christian , 41
Chief Lending Officer of NorStates Bank and Exec. VP of NorStates Bank |
$
158.00K | N/A |
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Dollar amounts are as of
31-Dec-08
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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