On behalf of the Board of Directors, management and staff, it is my pleasure to welcome you. In July of 2009, United Bancorp, the holding company of United Trust Bank, sold stock and brought in over 60 new shareholders. Together with the existing shareholders they have help strengthen the Bank's capital position so that management can develop a strong and safe growth of the Bank's assets and profits. Many of United Bancorp’s Shareholders live and work in the Southwest Suburban area and are very interested in helping those community's businesses and citizens in their Banking needs. United Trust Bank has worked diligently over the past year to strengthen its capital position, expand its management team and enhance its retail and commercial banking products and services. I am pleased to report that we are succeeding on all fronts.

With a solid balance sheet and a strong well capitalized position of assets, we are excited to extend a warm welcome to new deposit customers and responsible borrowers in need of fixed rate home mortgages, home equity loans and commercial/industrial real estate loans. I hope you will consider United Trust Bank for all your banking needs and those of your family, friends and business associates. We look forward to serving as Your Community Bank in the near future.


John P. Hyland

President and CEO

United Trust Bank is an independent community bank. It was formed in 1999 by a group of investors. United Trust Bank is wholly owned by United Bancorp. United Trust Bank strives to serve the community's needs, ranging from Personal Banking to Lending services.


John P. Hyland, President & Chief Executive Officer & Director

John serves as President and CEO of United Trust Bank and was appointed Chairman of the Board of Directors in June, 2010. During his 30+ year career in banking, John served as President & CEO of Southwest Financial Bank and Trust in Chicago from 1990 to 1998 and Security Federal Bank in St. John, Indiana from 1998 to 2004. John has served as a Trustee of Moraine Valley Community College and a partner in various other Chicago area businesses.

Janice J. Satala-Erdakos, Vice President & Chief Operating Officer

Janice started her career in banking in the mid-90's and has been working in Community Banks since. With 15+ years in the Banking Industry, she has served in many capacities and areas from Accounting to Lending. Although she was hired by United Trust Bank in April 2003 as the Loan Operations Manager, her expertise in other areas of the Bank allowed us to utilize her in the Operations area where she serves as Vice President of Operations.

Anne Henderson, Chief Financial Officer

Ms. Henderson comes to United Trust Bank as the Chief Financial Officer. She is responsible for the overseeing the financial and accounting aspects of the bank. Anne is a seasoned banker with years of experience in community banking. Her first position began as a part-time teller later advancing to the CFO position. Ann received her BA in Accounting from Dominican University (formerly Rosary College) and is a Certified Public Accountant.

John E. Christy, EVP/Chief Officer of Lending

John Christy is a commercial banking executive with over 30 years of experience. Prior to joining UTB he wast the EVP Chief Lending Officer for Centrue Bank. In his position he was responsible for all production lines of business including Commercial Lending, Branch Banking, Residential Mortgage, and Treasury Management. During his career he has held numerous leadership positions including EVP Director of Commercial Banking (Salin Bank), Regional President (Star Bank and Monroe Bank), and SVP and Regional Manager (Southtrust Bank).


Kevin Ostendorf, VP of Lending/Credit Manager

Kevin brings over 30 year of banking experience to United Trust Bank with a concentration in commercial lending and loan servicing. He is responsible for the management of the credit department. Kevin has worked as the Vice President for Loan Servicing for Lakeside Bank, Assistant Vice President of Loan Servicing for Bank Financial and most recently was with J.P. Morgan Chase. Kevin is a graduate of Illinois State University with a degree in Business Administration.

Board of Directors

George Habeeb

Involved in retail sales of groceries & liquors and is a developer of retail shopping centers and other various commercial properties.

Neil Haleem

Vice Chairman, United Trust Bank and Chairman of the loan committee. 

Neil has been a Principal Partner and Vice President of Business Development for Network Real Estate Group Ltd. since 2000. He has been practicing real estate in Chicago and the surrounding suburbs since 1988 and has been a licensed and certified real estate appraiser since 1994. His real estate knowledge encompasses consulting, sale/leasing, financing, site acquisitions, development and management of real estate properties. Neil has served on advisory boards with Beverly Bank & St. Paul Federal. He received an Honorable Discharge after serving with the United States Army from 1982 to 1985. 

James Hallberg

James is President of J and P Holdings, a venture owning several insurance-related companies including First Chicago Insurance Company, United Security Life and Health Insurance Company and Hallberg Commercial Insurers. Previously, James Hallberg founded and sold Hallberg Insurance Agency and Insure One Agency. He has more than 35 years of experience in the insurance industry.

Alan Hambourger

Alan Hambourger is a Certified Public Accountant, a Certified Financial Planner and a Registered Representative.

John P. Hyland, Chairman

Appointed Chairman of the Board of Directors in June, 2010, John has served as President & CEO of United Trust Bank since January of 2009. 

Daniel McLaughlin

Mr. McLaughlin is Executive Director of the Plumbing Contractors Association of Chicago & Cook County and the Plumbing Council of Chicagoland. Dan also serves as the Mayor of Orland Park and a Board Member with the Better Business Bureau.