Magazine article American Banker

Wm. Cheffer Returns as CEO, President of Illinois Bank

Magazine article American Banker

Wm. Cheffer Returns as CEO, President of Illinois Bank

Article excerpt

Kankakee Bancorp in Illinois has restored William Cheffer to the president and chief executive officer posts from which he had resigned in 1993 after a one-year tenure. He also was named chairman of the holding company and its subsidiary, Kankakee Federal Savings Bank.

He succeeds James G. Schneider, who recently died.

Since 1993, Mr. Cheffer had been vice chairman of the holding company and bank.

Mr. Cheffer joined Kankakee Federal in 1952 and has been a director of the holding company since it was formed in 1992. Larry D. Huffman, also a board member for eight years, succeeds Mr. Cheffer as vice chairman of the $400 million-asset bank and its parent.


Bay View Bank in San Mateo, Calif., has hired Glen V. Guglielmina to manage business banking and be a senior vice president.

Mr. Guglielmina was a senior vice president and business banking team leader at U.S. Bank in Fremont, Calif. He has 20 years of banking experience.

Bay View Bank, a subsidiary of Bay View Capital Corp., has $6 billion of assets.


Amalgamated Bank of Chicago has elected labor leaders Thomas Balanoff, Wanda Black, William E. Dugan, and Michael Fitzgerald to its board of directors.

Amalgamated Bank of Chicago, founded in 1922 by the Amalgamated Clothing Workers Union, specializes in serving the financial needs of international, national, and local unions and their members.

Mr. Balanoff, 49, is president of General Service Employees Union Local 73 and an international vice president of the parent union. He has been involved in the labor movement since 1974.

Ms. Black, 49, is president and business agent of Amalgamated Transit Union Local 241 and a member of the Chicago Federation of Labor executive board. She has been a member of the union since 1975.

Mr. …

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