Welcome to Waukegan Savings Bank. We provide quality banking products and services to our customers at exceptional values. In doing so, we provide a work environment for our employees that encourages professional development and rewards excellence. We serve our community with integrity and pride; we are a responsible corporate citizen in our community; and we strive to consistently achieve outstanding financial performance.
Waukegan Savings Bank was founded in 1924 in Waukegan, Illinois, a northern suburb of Chicago where it is still headquartered today. Though we may not be the biggest bank, you will notice the difference in our people, our attitude, and in our commitment to provide you with the best products and services for your personal or business needs.
Sincerely,
Anthony Primack
President and CEO
Waukegan Savings Bank
Press Releases
Experienced Commercial Loan Officer Joins Waukegan Savings Bank
June 2008: Waukegan Savings Bank is pleased to announce Adam Benarroch has joined WSB as a commercial loan officer. Adam will work at the Golf Road location in Waukegan as other areas of Lake County and the Chicago area to develop partnerships with businesses. "This is a great fit for both myself and the Bank. Waukegan Savings Bank is seeking to grow throughout Lake County and the broader Chicagoland area. With the Bank's initiatives and my experience, it's a perfect match. I'm very excited to be part of a great team." As a graduate of Southern Illinois University, Adam has more than 10 years of experience. He resides in Lindenhurst with his wife and 2 children.
Waukegan Savings Bank Proud Co-Sponsor of WXLC-FM 102 Days of Summer Throughout Lake County
June 2008: Waukegan Savings Bank is a proud co-sponsor of WXLC-FM's 102 Days of Summer. All summer long, WXLC will be visiting local fairs and festivals throughout Lake County with live remotes and prizes for festival attendees. Stops this summer include Waukegan, Gurnee, Grayslake, and Libertyville.
Waukegan Savings Bank Proud Partner of 2008 American Indepedence Festivities
May 2008: Waukegan Savings Bank is a proud partner of the 2008 American Independence Festivities. The event takes place Sunday, June 29th at Bowen Park in Waukegan. Food vendors begin at 11:30 am with a petting zoo, pony rides, children's activities, and musical entertainment beginning at 2:30 pm. For additional information, call (847) 360 - 4700 or click here.
Waukegan Savings Bank Begins Annual Scholarship Award Program: First Recipient Awarded
April 2008: Waukegan Savings Bank is pleased to announce Noemi Guzman is the winner of the First Annual Waukegan Savings Bank – Waukegan Chamber of Commerce Scholarship Award. Noemi, a senior at Waukegan High School, will be attending college in the fall with a major in the medical field. Waukegan Savings Bank will be awarding scholarships to area students that achieve outstanding academic performance on an annual basis. For more information on The Waukegan Savings Bank Scholarship Program, click here.
Waukegan Savings Bank Sponsors Relay For Life®Team and Raises Money For the American Cancer Society
April 2008: Waukegan Savings Bank is proud to participate in this year's Relay For Life® that takes place June 21 - June 22 at Bevier Park in Waukegan. The WSB Relay team will be having a series of fundraisers where all proceeds will be donated to the American Cancer Society. The night of Relay, Waukegan Savings Bank will also participate in the evening's many exciting activities. Relay For Life®, the American Cancer Society's signature event, is a fun-filled overnight experience designed to bring together those who have been touched by cancer. We look forward to seeing many of you at this year's Relay.
WSB Officer Elected To Waukegan Chamber of Commerce Board of Directors
April 2008: Waukegan Savings Bank is pleased to announce JT Primack has been elected to serve on the Waukegan Chamber of Commerce Board of Directors. The Waukegan Chamber is an affiliate of the Lake County Chamber of Commerce. Additional affiliates of the LCCC include the Gurnee Chamber of Commerce and Hispanic Chamber of Commerce. JT looks forward to serving the Chamber and working to help businesses grow in the Waukegan area.
Waukegan Savings Bank donates to Waukegan Public Library's new Early Learning Center
March 2008: Waukegan Savings Bank was pleased to present a check for $1,000 to the Waukegan Public Library in support of their new Early Learning Center scheduled for completion in September. "Elizabeth (Stearns) and the library staff are doing a fantastic job at creating innovative and family oriented programs for Waukegan," said JT Primack, Director of Marketing and Sales for Waukegan Savings Bank. He went on to say, "We are very excited to be working with the library and building a strong partnership that will benefit Waukegan area residents for many years to come." The library has stated the purpose of the Early Learning Center is to provide a stimulating child-centered learning environment for children ages 0-7 years and their families. It will focus on the development of pre-literacy and literacy skills so all children in Waukegan will be better prepared to become successful students.
Waukegan Savings Bank Presents Chamber of Commerce 5 Hours To A Better Business
February 2008: Waukegan Savings Bank is pleased to present this year's 5 Hours To A Better Business in conjunction with the Waukegan and Lake County Chamber of Commerce. The event will be held at the Waukegan Ramada Inn located at 200 N. Green Bay Road on February 20 from 7:30 a.m - 1:30 p.m. Business owners and managers that would like to attend can download applications by clicking here - 5 Hours To A Better Business.
Waukegan Savings Bank Begins Teaching Financial Literacy Classes at the Boys and Girls Club of Lake County
January 2008: Waukegan Savings Bank is pleased to announce it will begin teaching monthly financial literacy classes at the Boys and Girls Club of Lake County beginning January 16, 2008. WSB personal banker Jessica Ranchero will be conducting the classes at the Boys and Girls Club’s 450 Keller Avenue location in Waukegan from 3:30 – 4:30 p.m.
"We are very excited about the opportunity to begin teaching financial literacy classes at the Boys and Girls Club of Lake County," stated JT Primack, Director of Marketing and Sales for Waukegan Savings Bank. He went on to say, "The FDIC MoneySmartSM curriculum is built on assisting individuals of all ages with their money skills. Financial education fosters financial stability for individuals, families, and entire communities. The more people know about credit and banking services, the more likely they are to increase savings, buy homes, and improve their financial health and well being. With this in mind, Waukegan Savings Bank will continue taking a leadership role in Lake County promoting financial literacy."
If you are a teacher or other person representing a particular school or entity and are interested in receiving more information about Waukegan Savings Bank’s financial education programs, contact JT Primack at 847-623-6400.
Job Opportunity (2 New)
We are always looking for the best talent to join our organization. For consideration should an opening arise, please send your resume to Waukegan Savings Bank, c/o Carol Edge at 1324 Golf Road, Waukegan, IL 60087.
Staff Accountant
Waukegan Savings Bank currently has an opportunity for an accounting professional to join our dynamic team. We are looking for someone who is highly organized, detail-minded, accurate and able to multi-task in a very fast-paced environment. Individual must have a solid understanding of basic accounting and strong analytical and problem-solving skills. Responsibilities include:
- Verification and audit of invoices submitted for payment to ensure proper expense accounts are being charged and obtain proper management approvals
- Ensure adherence to the bank's Employee Business and Travel Expense and Capital Expense policies
- Data entry of invoices into Accounts Payable system
- Maintenance and updating of vendor records on the Accounts Payable system
- Uploading of paid invoice information to general ledger system for proper recording of accounts payable transactions
- Check creation and mailing of invoice payments
- Compile and record monthly accounts payable month-end accruals
- Assist managers with monitoring expenses and some analysis vs. established budgets
- Prepare daily outgoing cash letter
- Process NSF/rejected inclearing items
- Daily balancing of VDW (Data Warehouse) to DDA, Savings, Loan and G/L applications
- ACH Daily Balancing
- ATM Daily Balancing
- Prepare general ledger journal voucher and journal entries and perform data entry
- Perform research as requested by other departments
- Completion of monthly bank reconciliations
- Completion of general ledger account reconciliations
- Manage and organize filing of accounting department records
- Complete weekly and period closing duties
- Maintain knowledge of regulatory compliance with emphasis on BSA/AML
- Keep current with the flag activity indicators and report suspicious activity to the BSA officer
- Provide administrative assistance to executive mgt upon request
- Acceptance / completion of additional new projects / tasks as required by management
- Perform additional duties as assigned
Skills and Abilities Required:
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Strong focus on external/internal customer service
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Solid understanding of basic accounting
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Proficiency with Microsoft Excel is required
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Must have aptitude to develop proficiency with various internal bank financial systems
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Ability to exercise sound judgment in decision-making
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Ability to prioritize multiple tasks in a fast-paced environment
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Ability to work with all levels in the organization
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Ability to contribute in a team environment as well as individually
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Strong attention to detail with good math skills
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Able to operate office equipment
Minimum Education Required:
Minimum Experience Required:
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General Ledger, transaction accounting, account analysis, journal entries, strong computer aptitude with Excel background, 3+ years in bank accounting department a plus. Must possess strong communication, verbal, and written skills. Must have strong analytical and problem-solving skills.
Personal Banker
Waukegan Savings Bank is seeking a personal banker to build relationships with customers and provide them with products and services to meet their constantly changing needs. As a personal banker, you will acquire, retain, and expand new and existing customer relationships. You will also proactively meet with customers face to face and over the phone to discover financial needs and provide product and service recommendations. You will also partner with retail lending, small business, and investments to contribute to Waukegan Savings Bank’s success by maximizing depth and profitability of customer relationships. Requirements include:
- Minimum one year sales experience required (2-5 years preferred)
- Job experience with extensive customer contact, including building & maintaining customer relationships
- Excellent probing and listening skills to uncover customer needs
- Excellent interpersonal, verbal, and written communication skills
- Self motivated, assertive, perform well in a competitive sales environment and interact with customer and team members in a professional and personable manner
- Strong presentation, planning, organization and follow-up skills
- High school degree with college degree strongly preferred
- Series 6, 63, Life Insurance licenses required within 60 days of hire (also Health in some states)
- Ability to work Saturday
