First American Bank is committed to you
First American Bank believes that each client is unique. Your personal values, family dynamics, lifetime goals and resources must be considered when developing financial strategies to help attain your vision. Our mission is to help improve the overall quality of your life by creating and implementing a plan that promotes financial security. Knowledge is key in this process. We help you understand what will be required to attain financial goals and which investment and other financial strategies will most likely achieve the results you desire.
We work with you on all aspects of your wealth management plan. We have excellent in-house expertise in financial planning, investment management, estate planning, trust administration, banking, and credit. Our Client Advisors most often act as the primary advisor for you and your family and work directly with your attorneys, accountants and other service providers. Because we develop long-term relationships, our approach evolves as you move from the stages of wealth accumulation to preservation and then to distribution.
We pledge to provide service that is second to none. As a fiduciary, we are legally required to act in your best interest. Your interests are placed ahead of ours and always come first. Our recommendations are based on what makes financial sense for you and are not based on product offerings that compensate us for their use. We maintain custody of all assets and control over the process at all times. We continually monitor and evaluate results to assure that your goal is always in sight. Changes are made as necessary based on a disciplined process that eliminates any emotional ties to specific assets or managers.
|Integrity:||Committed to maintaining the highest level of ethical and moral standards in every aspect of our business.|
|Dedication:||Focused on enhancing the success and financial well-being of our clients.|
|Communication:||Communicating openly, honestly and frequently with our clients.|
|Accountability:||Responsible for our decisions, actions and performance — making commitments and seeing them through.|
Pension and 401(k)
The Retirement Plan Services Group of First American Bank provides full-service capabilities to Plan Sponsors and their retirement plan participants. The group’s management and senior staff are experienced professionals who average nearly 20 years industry experience. These professionals have attained the highest recognized industry designations including Certified Public Accountant (CPA), Qualified Pension Administrator (QPA), Qualified 401(k) Administrator (QKA), Enrolled Retirement Plan Agent (ERPA) and Enrolled Actuary (EA). Our clients benefit from this depth of knowledge in all areas such as Defined Contribution and Defined Benefit Plans, Employee Stock Ownership Plans, Non-Qualified Plans, and related services.
Our Client Base
The Retirement Plan Services Group client profiles are privately held middle and lower middle market businesses, non-profit organizations, and local governmental bodies. Although many of our clients are headquartered in Chicagoland, we serve clients located throughout the country. Types of clients include manufacturers, professional and service entities, contractors, consulting firms, financial institutions, hospitals, municipalities, and similar organizations.
Our clients may have a few employees or several hundred. We can accommodate remote employee locations utilizing cost-effective web-based solutions, or we can arrange on-site visits. Our goal is to provide the best solution in a cost-effective manner utilizing flexible service and pricing models. Whether we are engaged for a consulting assignment to address compliance or related issues, or we are providing a complete solution including recordkeeping, administration, and investments, our ability to customize client solutions will benefit the Plan Sponsors and their participants.
Not FDIC Insured | Not Bank Guaranteed | May Lose Value | Not Guaranteed by Any Government Agency | Not a Bank Deposit