Local News

Locally owned bank opens in Joliet

Jay Bergman chairs First Secure Community Banki

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First Secure Bank is seen Monday in Joliet.[]

JOLIET – First Secure Community Banks, headed by Joliet resident Jay Bergman, opened a location on Essington Road on Monday.

The Joliet location is the fourth for the bank.

Bergman, who is chairman and majority stockholder, said the bank will provide personal and community banking service.

“I’ve spent my whole life in the Joliet area, and I’m totally committed to community banking,” Bergman said. “This is going to be a locally owned and locally managed Joliet bank.”

Bergman also is the owner of Petco Petroleum Corp., an oil and natural gas company based in Hinsdale.

First Secure Community Bank of Joliet at 2398 Essington Road is in a former Standard Bank branch building that had been vacant.

First Secure Community Bank also has locations in Morris, Aurora and Sugar Grove. The Morris branch operates as Morris Building & Loan.

The bank group started in 2000 as American Heartland Bank, Bergman said.

Bergman said the bank provides services he was accustomed to when growing up in Joliet at a time when most of the banks were locally owned and managed. Local bankers will have control of decisions, he said.

“If someone has an issue that needs to be resolved quickly, hopefully it can be resolved right then and there on the spot,” he said.

The bank provides a range of commercial and retail products, along with consumer loan products, according to a news release announcing the opening.

A grand opening is planned for May 12 with food, bounce houses and other activities.

Another community event is planned for May 19 with details yet to be announced.