AMCORE Financial Opens Oak Brook Office
October 27 2003 - 1:10PM
PR Newswire (US)
AMCORE Financial Opens Oak Brook Office OAK BROOK, Ill., Oct. 27
/PRNewswire-FirstCall/ -- AMCORE Financial, Inc. announces the
opening of its Oak Brook office at 2803 Butterfield Road. The new
location will offer primarily commercial services and will include
a staff of seasoned professionals that collectively bring over 50
years of commercial banking experience to the Oak Brook area. "We
have found that both business customers and consumers in the
Chicago suburbs are looking for the products and services a
mid-size bank like AMCORE has to offer," said Kenneth E. Edge,
chairman, president and CEO of AMCORE. AMCORE's strategy is to
expand its presence from the Chicago suburbs to Madison, WI, in
markets that have a high concentration of mid-size businesses and
strong demographics for banking and investment products. Fred
Alford, senior vice president and market president for the Oak
Brook office, said mid- size businesses are looking for personal
service and a variety of cash management and credit services.
"Businesses of this size want a strong relationship with their
banker and are looking for financial solutions," he said. "Our
strength is having a broad range of products to offer and our
bankers know the market." The 2,500 square foot Oak Brook office
has a staff of five including Christopher J. McDermott, senior vice
president and commercial team leader; commercial relationship
managers Robert L. Horvath, vice president and Adrienne A.
Wolfgram, vice president; and commercial sales assistants JoAnne
Finocchiaro and Jean M. Harlow. AMCORE Financial, Inc. is a leading
Midwestern bank that is increasing its presence in some of the
Midwest's fastest growing markets. Headquartered in Northern
Illinois, the company has banking assets of $4.4 billion and
investment assets under administration of $4.4 billion with 62
locations in Illinois, Wisconsin and Iowa. AMCORE provides a full
range of consumer and commercial banking services, a variety of
mortgage lending products and investment services including trust,
brokerage, capital management, mutual fund administration, employee
benefit plan record keeping and is the investment advisor for the
Vintage family of mutual funds. AMCORE common stock is listed on
The NASDAQ Stock Market under the symbol "AMFI." Further
information about AMCORE Financial, Inc. can be found at the
company's website at http://www.amcore.com/ and at
http://www.vintagefunds.com/ . DATASOURCE: AMCORE Financial, Inc.
CONTACT: Katherine Taylor of AMCORE Financial, Inc.,
+1-815-961-7164 Web site: http://www.vintagefunds.com/
http://www.amcore.com/
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