August 21, 2017 7:07 PM ET


Company Overview of A.J. Smith Federal Savings Bank

Company Overview

A.J. Smith Federal Savings Bank provides banking services that include retail savings and lending services, and insurance and investment products in Illinois. It offers FDIC insured savings accounts, certificates of deposit, and IRA certificates of deposit; various checking accounts, including interest bearing, non-interest bearing, business, and money market; and MasterCard debit cards, checking services, and online banking services. The company also offers mortgage loans, home equity loans, and lines of credit, as well as consumer loans for new motorcycle, snowmobiles, and boats. A.J. Smith Federal Savings Bank was formerly known as A J Smith Federal Savings and Loan Association of Chicago...

14757 South Cicero Avenue

Midlothian, IL 60445

United States

Founded in 1924





Key Executives for A.J. Smith Federal Savings Bank

CEO, President, CFO & Director
Age: 65
Technology Officer, Assistant Vice President and Security Officer
Vice President and Human Resources Officer
Senior Vice President and Loan Operations Officer
Age: 55
Vice President and Controller
Compensation as of Fiscal Year 2017.

A.J. Smith Federal Savings Bank Key Developments

AJS Bancorp, Inc. and A.J. Smith Federal Savings Bank Announce Management Changes, Effective August 14, 2017

AJS Bancorp, Inc., the holding company for A.J. Smith Federal Savings Bank (Bank), announced that Thomas R. Butkus will retire as Chairman of the Board, Chief Executive Officer and President of the Company and the Bank effective August 14, 2017. In connection with his retirement, Mr. Butkus has been appointed Chairman Emeritus of the Company and the Bank. The Board of Directors of the Company and the Bank have appointed Raymond J. Blake, a director of the Company (and its predecessor) since 2003 and the Bank since 1979, Chairman of the Board of Directors for each of the Company and the Bank effective immediately following Mr. Butkus's retirement on August 14, 2017. The Board of Directors also appointed Jerry A. Weberling Chief Executive Officer and President of the Company and the Bank effective August 14, 2017. He will continue to serve as Chief Financial Officer of the Company and the Bank. In addition, Mr. Weberling has been appointed as a director of the Company and the Bank effective August 14, 2017, with a term to expire at the Company's annual meeting of stockholders in 2018, to fill the vacancy created by Mr. Butkus's retirement.

A.J. Bancorp, Inc. Announces Declaration of Quarterly Cash Dividend, Payable on November 22, 2016

A.J. Smith Federal Savings Bank announced the declaration of a quarterly cash dividend on the company’s outstanding common stock of $0.05 per share. The dividend will be payable to stockholders of record as of November 1, 2016 and is expected to be paid on November 22, 2016.

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