Michael Connelly
Partner @American Commercial Bank & Trust
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WORK HISTORY
Partner @American Commercial Bank & Trust
Chicago, IL, US
I am an Equity Partner with American Commercial Bank and Trust (\"ACB\"). Like the former American Chartered Bank, we have made equity investments in the bank to ensure a long-term focus on our clients having an exceptional experience. Decisions are not made by people that sit out of state or in a tall building that never or rarely look a client in the eye. My clients are Entrepreneurs looking for a highly responsive, knowledgeable, vested Banker with a record of stability so they can take comfort in having continuity with their banking relationship. My clients don\'t want a call center, they want to work with someone who values their business, advocates on their behalf, and takes time to get to know them and their business. My prospective clients may feel their existing bank is too large for them, that their banker changes constantly, and they just have a general sense of \"feeling like a number\". They don\'t have a dedicated consistent resource to bounce ideas off of. They may be experiencing sporadic cash shortfalls, don\'t have access to working capital, and generally don\'t have easy access to fund growth and/or fixed assets.Specialties:Depository services- Checking, Money Market, Certificate of Deposit accountsTreasury Management Products - Fraud Prevention, ACH processing, Lockbox Services, Remote Deposit, Zero Balance accounts, and more.Commercial Lending - Working Capital Revolving Lines of Credit, Equipment loans, Letters of Credit, Real Estate Lending (including SBA lending)
EDUCATION
University of Iowa - Henry B. Tippie College of Business
BS
SKILLS
ABOUT MICHAEL CONNELLY
Experienced commercial relationship banker and trusted advisor to many small and mid-sized closely held businesses throughout the Chicagoland area. My clients have found value from my approach of providing creative solutions for their unique business needs. Provide customized solutions that include working capital and equipment financing, management buyout support, office and industrial real estate construction and end financing, rapid growth scenarios that involve cash flow lending, and treasury management for day to day needs.
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