First Secure Bank Group, based in Palos Hills, is once again expanding its branch network in the southern suburbs.
The company has acquired the former MB Financial branch at the corner of 183rd Street and Harlem Avenue in Tinley Park and is in the process of converting it into the sixth First Secure Bank branch.
First Secure Bank Group is the product of the acquisition and recapitalization of two banks that were experiencing serious financial difficulties.
Jay Bergman, chairman of First Secure, and other investors acquired control of American Heartland Bank in Sugar Grove in 2012 and First Secure Bank in Palos Hills in 2014. Both banks were turned around and each has since opened additional facilities. The parent companies of each bank merged in 2018 and were renamed First Secure Bank Group Inc.
First Secure has over $1 billion in assets and has expanded in recent years to Oak Forest, Palos Park, Mokena and Orland Park.
First Secure also owns First Secure Community Bank with approximately $475 million in assets and locations in Joliet, Naperville, Aurora, Sugar Grove and Morris.
Bergman said First Secure is expanding its branch network in the southern suburbs.
“We hope to open one new branch per year,” Bergman said.
Simon, the mall company that owns the Orland Square Mall, announced last week that Urban Outfitters would open a store at the Orland Park Mall in time for the holiday shopping season. This will be Urban Outfitters’ first location in the southern suburbs of Chicago. He’ll be downstairs in the Macy’s wing. Simon also announced that East Coast-based Elite Jewelers is set to open its first Midwest location at Orland Square Mall in the fall in upper-level center court.
Suki Hana is expected to open in the mall’s food court by the end of summer. The restaurant serves Japanese cuisine, including teriyaki dishes cooked on a teppanyaki grill and tempura made with fresh sushi.
Additionally, the Barbara Bookstore opened earlier this month on the upper level of the mall’s JCPenney wing. The store has a large inventory of books.
The Illinois Department of Transportation announced that a proposed expansion of the existing land bridge on 159th Street, just east of 104th Avenue in Orland Park, will require lane closures starting Tuesday, 28 June.
To complete the work, 159th Street will be reduced from two to one lane in each direction near 104th Avenue. The project is expected to be completed in early November.
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IDOT has also started a culvert replacement project on the Dixie Freeway at 151st Street in Harvey that will require lane closures. Dixie Highway will be reduced from two to one lane in each direction at 151st Street. The project is expected to be completed in early November.
And an improvement to the intersection of Torrence Avenue and 167th/170th Street, in Lansing and Calumet City, will require lane closures during the day. The project, which involves installing updated traffic lights, constructing ADA-compliant sidewalk ramps, replacing deteriorated curbs and resurfacing, is expected to be completed in October. At least one lane in each direction will remain open. Access to residences and businesses will be maintained throughout construction.
Motorists can expect delays, IDOT said.
Tree-Ripe Fruit Co. announced that it will bring fresh peaches from Georgia and blueberries from Michigan to Southland in early July.
The company will be at Lockport Veterans of Foreign Wars Post 5788 in Lockport from 3-4:30 p.m. on July 7. On July 8, she will be at Menards in Tinley Park, from 2 p.m. to 3:30 p.m. On July 8 and again on July 29, the company will stop at the Northfield Square Mall in Bourbonnais from noon to 1:30 p.m.
“Despite a tough late spring freeze in Georgia, all of our loose stone peaches remained intact,” said Tree-Ripe Fruit Co. owner Tiernan Paine.
Bob Bong is a freelance columnist. He can be contacted at [email protected]