Joliet heavyweights form bank

September 06, 2003

A group of Joliet business leaders is launching a community bank to fill a void left when Harris Bankcorp Inc. acquired First National Bank of Joliet two years ago. The group — which includes Michael Hansen, CEO of the Joliet Jackhammers minor league baseball team, local developer George Barr and Thomas Lambrecht, owner of T. J. Lambrecht Construction Co. — has raised $7 million toward a goal of $10 million to $15 million to launch the bank, Mr. Hansen said. Stephen Morrissette, former chief financial officer of Chicago's American National Bank, will be CEO of the new First Community Bank of Joliet, which is slated to open in March.