Illinois Board, Commission, Task Force and Council List

Boards and Commissions Detail | Skip to Member Names | View all Boards and Commissions

Title:Banking Board of Illinois, State
Website:http://www.idfpr.com/Banks/CBT/BOARDS/Wbcvbds.asp
Contact Name:Cheryl Sakris
Contact Title:Assistant to Director/IDFPR Board Liaison
Contact Phone:217-558-1422
Contact E-Mail:Cheryl.S.Sakris@illinois.gov
Function:The Board provides advice and guidance to the Division of Banking with respect to the supervision and regulation of state chartered banks and trust companies. Also serves as the Board of Trustees of the Illinois Bank Examiners' Education Foundation. Approves investments and expenditures of Foundation funds.
Term:4 years.  No member to serve more than 2 full 4-year terms.
Senate Confirmation:Yes
Party Affiliation:Not considered
Qualifications:Public members may not be an officer or director of or owner, whether directly or indirectly, of more than 5% of the outstanding capital stock of any bank
Compensation:Expenses only
Composition:13 members (12 appointed by Governor): The Director of Divison of Banking, who serves as Chair. 2 members of the public Industry representatives from banks with asset sizes as follows: 2 representatives from banks with assets of $0 to $ 75 million 2 representatives from banks with assets of $75 to $150 million 2 representatives from banks with assets of $ 150 million to $500 million 2 representatives from banks with assets of $500 million to $2 billion 1 representative from assets over $2 billion; 1 representative from a savings bank organized under the Savings Bank Act.
Chair:Director, Division of Banking, Department of Financial and Professional Regulation
Authority:205 ILCS 5/78

 Member Names

Name (Last, First)Term ExpiresMember SinceAffiliationAppointed ByPositionTitleCounty
Derezinski, Lisa12/31/201412/16/2011GovernorMemberPublic memberCook
Doll, KerriStatuteChairDirector, Division of BankingSangamon
Field, Mark12/31/201812/16/2011GovernorMemberbanks with assest of $0 to $ 75million Adams
Jurgens, James 12/31/201512/16/2011GovernorMemberbanks with assets of $75 million to $150 millionDouglas
Marantz, Tom12/31/201811/2/2015GovernorMemberbanks with assets of $500 million to $2 billionSangamon
Paracchini, Alberto12/31/20202/15/2016GovernorMemberbanks with assests over $2 billionCook
VACANT12/31/2023GovernorMemberbanks with assets of $150 million to $500 millionNone
VACANT12/31/2021GovernorMemberbanks with assets of $500 million to $2 billionNone
VACANT12/31/2022GovernorMemberbanks with assests of $150 million to $500 millionNone
VACANT12/31/2021GovernorMemberbanks with assests of $75 million to $150 millionNone
VACANTGovernorMemberbanks with assets of $0 to $75 millionNone
VACANT12/31/2023GovernorMemberPublic memberNone
VACANTGovernorMemberSavings bank under the Savings Bank Act