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Larry Ziglar Speaks to Area Rotary

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Larry Ziglar, CEO of First National Bank of Benld, spoke to the Area Rotary Tuesday, August 2. Ziglar expressed his feelings for the historic coliseum. It is a “sad circumstance,” Ziglar said, “Everyone has a piece of that building or at least a memory to enjoy the rest of their life.”

Ziglar was honored to be asked to speak to the Rotary and he spoke of the challenges of First National Bank for this year and the years forward.

First National Bank reports to many agencies that people may not be aware of. Obviously, they report to the IRS and FBI, but they also report to Social Security Administration, Drug Enforcement Administration, local Sheriff departments, and other local law enforcement. Under this guideline, the Bank abides by the Bank Secrecy Act and under this act they have to report cash deposits or withdrawals over $10,000, that is something that is reported through a currency report. “Many people are now aware of this requirement,” Ziglar told the Rotary, “They have started to use multiple deposits in multiple locations.” To keep tabs on the cash-flow, First National Bank had to purchase a $50,000 package of software to track individual deposits throughout the branch network. To put this into perspective, there is a large amount of paperwork supplied to the local and federal authorities since there is an “estimated 3 million of those currency transaction reports” throughout the country that happen. First National Bank supplies the paperwork to the government covering those currency transactions, but they never receive information how the reports are used to support criminal activity. “I am certain these reports are to try to catch tax evaders or drug activity, but we never hear back from the authorities if our information produced any positive affect on society,” Ziglar stated. Over the last two years, the bank has hired three people to just do bank secrecy for the government and its agencies.

Ziglar asked Sheriff Deputy Don Albrecht, who was in attendance, if the information the bank records yield any help to the law enforcement. Albrecht said that majority of the records are used to monitor illegal drug activity more than any other things. “It does help with drug traffic,” Albrecht said.

Ziglar then went on and introduced new regulations sent down to First National Bank since the 2008 collapse of the big banks. First off, the banks got a 474 page letter sent by the Federal Reserves. This letter requested comments on how to determine eligibility among money borrowers. “The main question always asked,” Ziglar mentioned, “Is, can they repay the loan?” This is a question community banks have been asking forever. These community banks are tied into Wall Street banks, Ziglar said, because people make these unconsciousness loans. Wall Street has its problems, but all the banks have to abide by the same rules.

Another bill that has been passed down to the banks is the Dodd Frank bill. The bill was written last year, but it is now incorporated into the banks starting this year. Since 2008, many laws have been sent in the banks direction, Ziglar told the Rotary. Some of these laws include, but are not limited to:

  • New Regulation Z is a Federal Reserve mandate that prohibits creditors from extending credit without regards to the consumers of billing to pay. This is something the bank has always been aware of. This law also required creditors to substantiate their income. In other words, this seems like another novel idea. This law entails about 12 different amendments to it and the banks have to add these to their lenders, but try to maintain some consistency as well.
  • Bank Secrecy was another law that was changed in 2008, it stated the banks were to provide more information to federal agencies.
  • Regulation C: Home Mortgage Disclosure Act was also introduced back in 2008. This was a change in the rates that the bank were able to charge when they sold loans up to a Freddie Mack or Fannie May. This regulation mainly concerned fixed rate mortgage areas.
  • Home Evaluation Code of Conduct was inserted as well. This is a safe guard for appraisers and their independents they appraise for.
  • Regulation GG: unlawful internet gambling by commercial customers. The bank has to monitor commercial accounts to make sure they are not using illegal gambling as a vice online.
  • There is also FACT Act, which requires banks to identify red flag risk assessment.
  • Regulation CC is the changing and rerouting of checks throughout the bank system.
  • Regulation DD was introduced bank in 2008 too. This regulation changes advertising in overdraft charges.
  • The bank has new regulations instated on private educational loans.
  • All lenders have to registered with the federal government and have a loan number attached to each individual lender. Many community banks were not part of this lending, but they are all now mandated to be finger-printed.

Through all these little acts and changes to the system has cost First National Bank $1 million a year just to be in compliance with all these news amendments and changes. “As these new laws come down, they challenge us to monitor our overhead exposure in order to try serve the customer,” Ziglar said. First National Bank is almost doing more reporting to the government today than trying to fulfill their duty to represent their customers. It has been a hard time for First National and many other businesses. “I do not see this challenge being eliminated in the next 5 years,” Ziglar said. The next 5 to 10 year period could possibly mean a slow growth for everyone, Ziglar forcasted.

Ziglar closed with, “Business needs firm direction.”

 

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Progressive Club to celebrate 90th anniversary

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Benld Entreprise

The Wilsonville Progressive Club will celebrate and host a 90 year Anniversary Party on Saturday, May 11. The party will include a catered dinner, a live band, and fireworks.

Doors will open at 2 pm with a catered dinner being served at 4 pm.  The Shane Kessinger Experience (live band) will play at 5 pm, and a grand fireworks display will be held at dusk.

The Progressive Club was originally established in 1934 by the Progressive Miners and was located on the northwest side of Wilsonville’s main street. The Club moved to their new building in January of 1949 and today this is still the current location at 212 Wilson Street in Wilsonville.

Wilsonville was founded in 1917 when Superior Coal Co. Mine No. 4 was sunk and this was the most modern mine in the Superior field. At that time, the little settlement which grew up around the mine was called Wilson. One day a worker paused and asked, “What are we going to name this town?” President Wilson was in office, thus the town was then and there named Wilson until 1919 when it was incorporated and the name expanded to Wilsonville.

The Wilsonville Progressive Club is operated and maintained by an elected panel of trustees and loyal members.  The Club is open to the public and membership is always welcome.  The large outdoor covered pavilion and manicured grassy side lot offer an attractive and convenient venue for any event along with inside facilities. 

If you are interested in renting for any kind of event, call 217-835-3122 during open hours which are Thursday, Friday and Saturday, 4 pm to close, and Sunday doors open at 2 pm.  Every Sunday afternoon at 4 pm is the Queen of Hearts drawing and the Club is on Facebook as well.

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Gillespie Police Report: April 14-20, 2024

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SUNDAY, APRIL 14, 2024

An officer was dispatched to the 100 block of East Oak Street in reference to a dog bite.

An officer was dispatched to the 700 block of Abba Street to pick up a found item.

An officer was dispatched to the 100 block of East Maple Street in reference to a domestic dispute.

An officer was dispatched to the 400 block of West Chestnut Street in reference to a burglary.

An officer was out in the 200 block of North Macoupin Street in reference to a motorist assist.

An officer was dispatched to the 700 block of Schmidt Street in reference to a 911 call.

An officer was dispatched to the 300 block of South 1st Street in Benld in reference to a domestic dispute.

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An officer was dispatched to the 500 block of Broadway Street in reference to a medical call.

An officer was dispatched to the 400 block of South Illinois Street in Benld in reference to illegal burning.

An officer was dispatched to the 200 block of South 5th Street in Benld in reference to an animal complaint.

An officer was dispatched to the 500 block of Horizon Street in reference to a 911 call.

MONDAY, APRIL 15, 2024

An officer was dispatched to Gillespie Police Department to speak with a male in reference to a theft in the 100 block of South Main Street in Benld.

An officer was dispatched to the 500 block of West Osie Street in reference to a violation of an order of protection.

Nicholas O. Landolt, 36, of Gillespie was arrested on multiple warrants including one out of St. Clair County for possession for methamphetamine, a second one out of Montgomery County for failure to appear for driving while license was revoked, and a third out of Macoupin County for failure to appear for methamphetamine.

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An officer was dispatched to East Walnut Street in reference to a suspicious noise.

An officer was dispatched to the 700 block of Abba Street in reference to a juvenile issue.

An officer was dispatched to the 500 block of Broadway Street in reference to a medical alarm.

An officer spoke with a male at Gillespie Police Department in reference to a theft in the 200 block of West Oak Street.

An officer spoke with a female at Gillespie Police Department in reference to criminal damage to her property.

An officer spoke with a male at Gillespie Police Department in reference to identity theft.

An officer spoke with a female in the 100 block of North 7th Street in Benld in reference to a neighbor dispute.

An officer spoke with a female at Gillespie Police Department in reference to a violation of an order of protection.

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An officer was dispatched to the 200 block of Southern Street in reference to a suspicious person.

TUESDAY, APRIL 16, 2024

An officer was dispatched to the 1100 block of South Macoupin Street in reference to criminal damage to property.

An officer was dispatched to the 900 block of South Macoupin Street in reference to a domestic dispute.

An officer was dispatched to the 700 block of East Walnut Street in reference to criminal trespass to property.

An officer was dispatched to the 600 block of North 7th Street in Benld in reference to criminal trespass to property. Melissa J. Hughes, 49, of Benld was arrested on a Montgomery County warrant for theft/larceny.

An officer was dispatched to the 100 block of East Maple Street in reference to criminal trespass to property.

An officer was dispatched to the 300 block of Francis Street in reference to a traffic crash.

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An officer spoke with a female at Gillespie Police Department in reference to a civil issue in the 700 block of Rose Street in Benld.

An officer was dispatched to the 200 block of South 5th Street in Benld in reference to a domestic dispute.

An officer was dispatched to the 300 block of East Pine Street to assist the Department of Children and Family Services.

An officer was dispatched to the 400 block of Broadway Street in reference to reckless driving.

An officer was dispatched to the 300 block of East Central Avenue in Benld in reference to a 911 call.

WEDNESDAY, APRIL 17, 2024

An officer spoke with a female at Gillespie Police Department in reference to fraud in the 200 block of South Macoupin.

An officer was dispatched to a business in the 500 block of East Elm Street in reference to criminal trespass to property.

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An officer was dispatched to Route 4 and Staunton Road in reference to reckless driving.

An officer was dispatched to the 600 block of Gillespie Street in reference to unwanted solicitors.

An officer was dispatched to High Street and Gillespie Street in reference to a suspicious noise.

An officer was dispatched to the 300 block of High Street in reference to unwanted solicitors.

An officer spoke with a male at Gillespie Police Department in reference to a civil standby.

An officer was flagged down at Elm Street and Clinton Street and spoke with an individual in reference to a civil issue.

An officer was dispatched to the 200 block of Mt. Olive Road in Eagarville in reference to a domestic dispute.

An officer spoke with a male at Gillespie Police Department in reference to a suspicious circumstance.

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THURSDAY, APRIL 18, 2024

An officer was dispatched to a business in the 400 block of South Macoupin Street in reference to a panic alarm sounding.

An officer was dispatched to the 1300 block of South Second Street in reference to a civil standby.

An officer was dispatched to the 400 block of West Osie Street in reference to a dog bite.  Heather L. Kimberlin, 47, of Gillespie was issued a citation for dog at large.

An officer was dispatched to the 400 block of West Baker Street in reference to a juvenile issue.

An officer was out with a suspicious vehicle in the alley in the 500 block of Park Avenue.

An officer was dispatched to East Walnut and South Main Street in Benld in reference to reckless driving.

An officer was dispatched to the Veterans Memorial Park in Benld in reference to a suspicious vehicle that had been parked there for a couple of days.

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Gillespie Police Department was requested for traffic control by the Gillespie Fire Department for a fire on Eagarville Road.

FRIDAY, APRIL 19, 2024

An officer was dispatched to the 700 block of East Walnut Street in reference to a traffic crash.

An officer was dispatched to the 300 block of South Street in Gillespie in reference to a juvenile issue.

An officer was dispatched to the 700 block of Litchfield Road in East Gillespie in reference to a suspicious person at the storage units. Kathy J. Henderson, 49, of Sawyerville was arrested on a Macoupin County warrant for failure to appear for bad checks

An officer initiated a traffic stop at Maple Street and Macoupin Street. Kenny L. Fults, 18, of Belleville was issued a citation for possession of cannabis.

An officer was dispatched to the 200 block of Mt. Olive Road in Eagarville in reference to civil standby.

An officer was dispatched to the 500 block of West Burton Street in reference to an animal complaint.

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SATURDAY, APRIL 20, 2024

An officer was dispatched to the 700 block of Abba Street in reference to a domestic dispute.

An officer was dispatched to the 400 block of North 7th Street in Benld in reference to criminal trespassing. Timothy J. Dalpozzo, 57, of Benld was arrested for criminal trespassing to residence and a Macoupin County warrant for criminal trespassing to a residence.

An officer initiated a traffic stop at South Street and Chestnut Street and charges are pending crime lab results.

An officer was dispatched to the 100 block of East Maple Street in reference to reckless driving.

An officer was dispatched to Macoupin Street and Elm Street in reference to reckless driving.

An officer was dispatched to the 400 block of Osie Street in reference to a dog at large.

An officer was dispatched to the 600 block of North 8th Street in Benld in reference to medical assist.

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An officer was dispatched to the 200 block of West Spruce Street in reference to a suspicious person.

An officer was dispatched to the 400 block of West Baker Street in reference to criminal trespass to property.

An officer was dispatched to the 300 block of Park Street in Benld in reference to a medical call.

An officer spoke with a male at Gillespie Police Department in reference to an ordinance issue.

All subjects are presumed innocent until proven guilty in a court of law.

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HSHS St. Francis Hospital offers volunteer opportunities for feens

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LITCHFIELD, Ill. — HSHS St. Francis Hospital is offering service opportunities to area teens this summer through the 2024 Junior Volunteer Program. Applications are being accepted now through May 1.

Applicants must be high school students maintaining at least a “C” average, be a minimum of 14 years of age by June 1 and be willing to volunteer at least two hours per week during the summer program. Junior volunteers will perform a variety of duties in various hospital departments. 

Registration materials are available on the hospital’s website volunteer page at https://www.hshs.org/st-francis/community/volunteer.

All participants in the program will be required to present proof of immunizations for MMR (measles, mumps, and rubella), and Varicella (chicken pox). An additional requirement includes attendance at a hospital orientation.

A limited number of positions will be available. For more information, contact HSHS St. Francis Hospital at 217-324-8200.

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