West Suburban Bancorp, Inc. | Company profile from Hoover's

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West Suburban Bancorp, Inc. · Lombard, IL United States

Company Description

711 S. Meyers Rd.
LombardIL
60148
United States (Map)
Phone: 630-629-4200
Fax: 630-629-0278
Toll Free: 800-540-9257
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    More Companies in: Lombard, Illinois
    More Companies in These Related Industries: Commercial Banking
    View West Suburban Bancorp, Inc. location on a mapThis link will open in a new window
    As its name would indicate, West Suburban Bancorp provides banking services in the 'burbs. West Suburban Bancorp is the holding company for West Suburban Bank, a community-oriented institution with about 40 branches in Dupage, Kane, Kendall, and Will counties in Chicago's western suburbs. Serving consumers and local businesses, the bank provides standard services, including checking, savings, and money market accounts, certificates of deposit, loans, and Visa debit, credit, and gift cards. Real estate loans, including commercial and residential mortgages, construction loans, and home equity loans, comprise the bulk of its lending activities. To read the full description, subscribe now.
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    Key West Suburban Bancorp, Inc. Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndDecember
    2008 Employees627

    West Suburban Bancorp, Inc. Executives

    7 executives listed for West Suburban Bancorp, Inc.'s Lombard, IL location.
    TitleName & BioContact
    Chairman, CEO, and VP; SVP Marketing, West Suburban BankKevin AckerEmail
    President, CFO, and Director; SVP and Comptroller, West Suburban BankDuane DebsEmail
    COO; President and Director, West Suburban BankKeith AckerEmail

    Competition

    Competitive Landscape for West Suburban Bancorp, Inc.
    Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.
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