WAUKEGAN, Ill., July 26, 2022 (GLOBE NEWSWIRE) -- NSTS Bancorp, Inc. (the "Company"), the holding company for North Shore Trust and Savings (the "Bank"), announced today that Mr. Nathan E. Walker has been named Chief Executive Officer of the Bank, as well as appointed to Executive Vice President of the Company. Mr. Stephen G. Lear, who previously served as Chief Executive Officer of the Bank will continue as Chairman of the Board of Directors of the Bank as well as Chairman, President and CEO of the Company.
Mr. Walker has been with the Bank since 1996 and previously served as Senior Vice President of Retail Banking between 2010 and 2020. Mr. Walker has served as President and Chief Operating Officer of the Bank since November 2020.
"It has been a tremendous honor to serve as the CEO of the Bank for the past 24 years," said Lear. "The Board and I are confident that Nathan is the right person to continue the traditions and move the Bank forward. His increasing responsibility at the Bank over the past 26 years has laid the groundwork for his elevation to CEO."
"I am thankful to Steve for his leadership and dedication to the Bank," said Walker. "I am excited to assume this new role and for the future of the Company."
About NSTS Bancorp, Inc. and North Shore Trusts and Savings
NSTS Bancorp, Inc. is the stock holding company of North Shore Trust and Savings. As of March 31, 2022, NSTS Bancorp, Inc. had approximately $285 million in assets and operates from its headquarters and main banking office in Waukegan, Illinois, as well as two additional full-service branch offices located in Waukegan and Lindenhurst, Illinois, respectively. For over 100 years, North Shore Trust and Savings has served the local communities where it operates and has deep and longstanding relationships with its businesses and retail customers as well as local municipalities.
Forward-Looking Statements
Certain statements contained herein are considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements, which are based on certain current assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of the words "may," "will," "should," "could," "would," "plan," "potential," "estimate," "project," "believe," "intend," "anticipate," "expect," "target" and similar expressions.
Any forward-looking statement speaks only as of the date on which it is made. Forward-looking statements are based on current beliefs and expectations of management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, these forward-looking statements are subject to assumptions with respect to future events, business strategies and decisions that are subject to change. Because of these and other uncertainties, our actual future results may be materially different from the results indicated by these forward-looking statements. Except as required by applicable law or regulation, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
CONTACT: Stephen G. Lear Chairman, President and Chief Executive Officer slear@northshoretrust.com (847) 336-4430
ウォークゲン、イリノイ州、2022年7月26日(Global Newswire)北岸信託貯蓄ホールディングスNSTS Bancorp,Inc.(“当社”)は本日、Nathan E.Walker氏が当銀行の最高経営責任者に任命され、当社執行副総裁に任命されたことを発表した。中国銀行の最高経営責任者を務めた李世石氏は引き続き銀行取締役会長と会社会長、総裁兼最高経営責任者を務める。
ウォーケル氏は1996年から世銀で働いており、2010年から2020年まで小売銀行業務の上級副総裁を務めてきた。ウォーケル氏は2020年11月から中国銀行の首席運営官兼総裁を務めている。
リー氏は“過去24年間、世銀の最高経営責任者を務めたことは光栄だ”と述べた。取締役会も私も、ネイサンは伝統を続け、銀行を前進させる適切な人選だと信じている。彼は過去26年間、銀行での責任がますます大きくなり、最高経営責任者に昇進するための基礎を築いた
“スティーブの指導者と世行への奉仕精神に感謝します”とウォーカーは言った。この新しい役割を担うことができて嬉しいし、会社の未来にサービスしてくれて嬉しいです“
についてNSTS Bancorp,Inc.と北岸信託と貯蓄
NSTS Bancorp,Inc.はNorth Shore Trust and Savingsのホールディングスである.NSTS Bancorp,Inc.は2022年3月31日現在,約2.85億ドルの資産を有し,イリノイ州ウォーキーゲンに位置する本部と主要銀行事務所,イリノイ州ウォーキゲンとリンデンハストにそれぞれ位置する他の2つの全方位サービスを提供する支店で運営されている。North Shore Trust and Savingsは100年以上にわたり,その運営が所在する地域コミュニティにサービスを提供し,その企業,小売顧客,地元市政当局と深く長期的な関係を築いてきた.
前向きに陳述する
本文に含まれるいくつかの陳述は、1933年“証券法”(改正後)第27 A節及び1934年“証券取引法”(以下、“取引法”)第21 E節の意味に適合する展望的陳述とみなされ、1995年の“個人証券訴訟改革法”の安全港条項にカバーされることを目的としている。これらの陳述は、いくつかの現在の仮定に基づいて、一般に、“可能”、“計画”、“潜在”、“推定”、“プロジェクト”、“信じ”、“意図”、“予想”、“予想”、“目標”および同様の表現を使用することによって識別することができる、私たちの将来の計画、戦略、および予期を記載している。
どんな展望的な陳述も発表の日にだけ発表される。展望性陳述は経営陣の現在の信念と期待に基づいて、固有に重大な商業、経済と競争の不確定性と意外な事件の影響を受け、その中の多くは私たちがコントロールできるものではない。また,これらの前向き陳述は,将来のイベント,業務戦略,意思決定に関する仮説の影響を受け,これらの仮説が変化する可能性がある.これらと他の不確実性のため、私たちの未来の実際の結果は、これらの前向きな陳述によって示された結果と大きく異なるかもしれない。法律または法規の適用に別の要求がある以外に、私たちは、このような陳述日後の事件や状況を反映するために、いかなる前向きな陳述も更新することを約束しない、あるいは予想または意外な事件の発生を反映して、私たちはいかなる義務を負わないことを明確に表明する。
連絡先:スティーブン·G·リー会長兼CEO Slear@northhoretrust.com