Press Releases

April 28, 2010

Bank of Belleville Completes Redemption of Stock of Majority Stockholder via Community Stock Offering - Bank of Belleville President, Kevin Pesko, announced today that the Bank has purchased the controlling interest in the Bank previously held by Capitol Bancorp Limited (NYSE; CBC).

July 8, 2009

Bank has entered into agreement to redeem stock of majority shareholder - Bank of Belleville President, Kevin Pesko, announced today that the bank has entered into a stock redemption agreement with its majority shareholder, Capitol Bancorp Limited (NYSE; CBC). The agreement, subject to regulatory approval, calls for the bank to purchase CBC's 51 percent interest in Bank of Belleville with the proceeds of a private stock offering.

August 30, 2007

Bank of Belleville Welcomes Three Business Leaders to the Board of Directors - Bank of Belleville announces that three business leaders have been elected to the Bank's Board of Directors.

May 26, 2006

Bank of Belleville Receives Prestigious SBA Preferred Lender Designation - Kevin Pesko, president of Bank of Belleville, is pleased to announce that the bank has received the prestigious Preferred Lender Program designation from the U.S. Small Business Administration (SBA).

May 9, 2006

Bank of Belleville Adds New Board Member; Claire Leopold to Serve on Board of New Community Bank -Longtime Belleville resident and business leader Claire S. Leopold has been elected to Bank of Belleville's board of directors. She is co-owner and president of Nester Realty, Inc

Feb 7, 2006

Bank of Belleville's Grand Opening Gala Feb. 13-17 - Kevin Pesko, president of Bank of Belleville, joins the bank's Board of Directors and staff in inviting the entire Belleville community to the Bank's Grand Opening gala, Feb. 13-17.

Nov 10, 2005

Bank of Belleville Opens: New Full Service Community Bank Opens in the Richland Plaza III - Bank of Belleville is open for business. Kevin Pesko, president of the new community bank, said the bank officially opened on Friday, November 4 after receiving regulatory approvals and an overwhelming response from local investors to the bank's stock offering.

Sept 20, 2005

Proposed Community Bank's Capital Raising Effort Underway - Bank of Belleville (in organization) has received regulatory approvals to raise the capital required to open the new community bank.

Apr 28, 2005

Local Banker Files Application for New Community Bank in Belleville - Local banker Kevin M. Pesko today announced he has filed an application to organize a community bank in Belleville, Illinois.