Three Town and Country Financial Corporation Directors Retire in April 2022
Three Town and Country Financial Corporation (TWCF) Board members announced their retirement in April 2022 after a combined 76 years of service. Mark O. Roberts, Jr. retired after 48 years, overseeing significant growth from $25 million to over $900 million in assets. John S. Cobb, with 22 years on the Board, contributed to governance and strategic direction. Bart J. Solon, a Board member since 2016, brought entrepreneurial insights. New directors elected at the Annual Meeting include David E. Kirschner and others, ensuring continued governance.
- Board members have extensive experience, contributing to company growth.
- Company experienced significant asset growth from $25 million to over $900 million during Roberts' tenure.
- None.
SPRINGFIELD, Ill., May 02, 2022 (GLOBE NEWSWIRE) -- Three Town and Country Financial Corporation (OTC Pink: TWCF) Board members retired in April 2022. Mark O. Roberts, Jr., John S. Cobb, and Bart J. Solon retired as of the company’s Annual Stockholder’s meeting after a combined 76 years of service.
Mark O. Roberts, Jr.
Mark Roberts, Jr., has served as a member of the Board for 48 years, beginning in 1974. Known for his witty humor and optimistic character, Mark has been a pillar on the Board and has contributed significantly to our success. During his tenure, he has seen Town and Country Bank grow from
In addition to his long-time commitment to Town and Country Bank, Mark is a life member of the University of Arkansas Alumni Association and the University of Illinois Alumni Association. He has an extensive history of community service and has served on several Boards, including the Sangamo Club.
"It has been my extreme pleasure to have worked with Mark over the past 48 years that he has been a Director of Town and Country Bank," says David Kirschner, Board Member and Executive Chairman of Town and Country Financial Corporation. "Never one to miss the opportunity, Mark became legendary in the board room for his 'Motion to Adjourn' tagline. I will miss Mark's wit and wisdom after he retires."
John S. Cobb
John Cobb joined the Town and Country Bank Board of Directors in 2000. During his 22 years of service, he has contributed years of leadership experience and strategically brought the company forward. In 2021, he became an advisory board member to help advance Board development and governance.
John practiced law at Samuels, Miller, Schroeder & Sly, LLP, and was recognized as one of the Top Ten Business Lawyers in Downstate Illinois in the Leading Lawyer Network Magazine. John has years of community involvement and leadership, previously serving as Chair of the James Millikin Estate and Chair of the Illinois Secretary of State's Corporate Acts Advisory Committee.
"John's wisdom and counsel have helped guide the company through multiple acquisitions and mergers," says Kirschner. "He has always emphasized the benefits of good board governance. I will miss sitting next to John after he retires.”
Bart J. Solon
Bart Solon joined the Town and Country Bank Board of Directors in 2016. He is an entrepreneur who founded Partners Bank in 1999, where he served as Chairman and CEO. He founded and served as the Director of the Lynn F. Solon Foundation, whose mission is to improve the lives of individuals with diabetes and disabilities.
During his six years of service, Bart's entrepreneurial mindset has contributed to Town and Country's strategic planning in countless ways.
"Bart's familiarity with the Metro East area was invaluable to us as we expanded into that market," says Kirschner. "His experience and illustrious career as a bank CEO and Director and his financial acumen have been extremely helpful to us not only on the Board but also on the Loan and Audit Committees. I will miss Bart's many contributions to the Board after he retires."
At the company’s Annual Meeting of Shareholders on April 28, 2022, the following Directors were elected to serve for the ensuing year: David E. Kirschner, Micah R. Bartlett, Donald H. Evans, Lou H. Dixon, Jennifer Maddox-Wagner, Scott E. Garwood, and Marcus A. Perry.
About Town and Country Financial Corporation
Town and Country Financial Corporation, headquartered in Springfield, Illinois, operates as the parent holding company for Town and Country Bank including the Bank's subsidiary, Town and Country Banc Mortgage Services, Inc. (TCBMSI), with locations throughout the central, west-central, and metro-east areas of Illinois.
While the Company specializes in commercial banking and mortgage lending, additional products and services offered through its 10 branch offices include retail banking, affordable housing finance options, Small Business Administration 504 and 7(a) loan programs, trust and investments, and agricultural banking. The Company, under TCBMSI, operates Community Mortgage Partners as a third-party provider for residential mortgages to other financial institutions throughout the United States. Town and Country Financial Corporation shares are quoted under the symbol TWCF.
Contact: Savannah Coady
Phone: 217.321.3529
Email: scoady@townandcountrybank.com
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