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Libby Koziarz Promotion
Congratulations to Libby Koziarz on her promotion to Senior Vice President and Trust Officer in the Wealth Management division.
Libby joined FNBC Bank & Trust in 2010 and transitioned to the Wealth Management division in 2012. She is responsible for creating integrated wealth management solutions by working with clients, their attorneys, and accountants to form a team that will provide the client with the best possible estate planning and financial advice. She also puts an emphasis on assisting clients transitioning through key life events.
Libby is a graduate of the University of Illinois at Urbana-Champaign, and a member of the Chicago Estate Planning Council. She also serves on the board of directors for The LeaderShop, a La Grange nonprofit serving local youth. Libby was recently recognized by the West Suburban Chamber of Commerce and Industry’s (WSCCI) Regional 30 Under 40, an initiative and event designed to honor 30 of the region's young professionals who live or work in one of the WSCCI nine communities and who are making a deep impact on our local communities.
Libby Koziarz Recipient of Regional 30 under 40
Please help us congratulate our very own Libby Koziarz as one of the 2020 recipients of the West Suburban Chamber of Commerce and Industry Regional 30 under 40. Her efforts and the hard work that she puts into the local community makes us proud to have her on our team. Congratulations Libby!
Josh Mahrt Promotion
Join us in congratulating Joshua P. Mahrt on his promotion to Executive Vice President and Senior Trust Officer in our Wealth Management division. His experience, broad areas of expertise and genuine rapport with our clients and staff make Josh the ideal person to lead and grow our Wealth Management division.
Josh joined FNBC Bank and Trust in 2015 as a Vice President and Trust Officer. He manages more than 100 client relationships with a current market value of over $100 million. Josh services a variety of complex accounts including the settlement of federally taxable estates, advising high net worth individuals on investment and tax strategies, the administration of complex guardianship estates, and the management of a large multi-unit apartment complex. Josh specializes in trust administration, estate settlement, guardianship, and wealth management.
Josh is a member of the DuPage County Estate Planning Council and the Aging Care Connections, Adult Protective Services, Multidisciplinary Team. Josh served on the board of Our Community of Illinois, a non-profit corporation that provides resources for minors in the Illinois foster care system. Josh is a graduate of the University of Illinois at Urbana-Champaign and the John Marshall Law School.
PPP Activity Update
We are pleased to report that FNBC Bank & Trust accepted, processed and funded 100% of valid Paycheck Protection Program (PPP) Loan applications we received from our customers. That represents more than $34 million in assistance to local businesses in the communities we serve.
We are especially proud of the collaborative effort among our employees to deliver on our long-standing commitment to our local small business community. Teams from our Loan, Personal Banking and Cash Management departments worked around the clock and on weekends to make sure that every application was processed and funded in the short window of time that PPP funding was available. The 268 loans we funded ranged from $2,340 to $4.4 million, with an average loan amount of $130,000. We assisted clients from various industries, including manufacturing, restaurant and food services, construction, landscaping, professional services, independent contractors, non-profit organizations, schools, churches and many more.
We appreciate the opportunity to help our small business clients during this incredibly difficult time. We continue to work with our business banking clients in the next phase of the program, the application for PPP loan forgiveness.