The headline in the WJOL story about the shift of control of the bank started by Herb Franks and family in Wonder Lake is
Joliet’s First Secure Bank Group Acquires Wonder Bancorp
The Franks bank has “$260 million in assets and has banking facilities in the far northern suburbs of Wonder Lake, Harvard, Hebron, Johnsburg, Spring Grove and Lakemoor,” the story says.
The merger increases First Secure assets to over $1 billion.
Jack Franks is Chairman of Wonder Bankcorp.
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I can’t help wonder if my explaining the property tax sale process to father Herb while I was County Treasurer in the late 1960’s played a role in the state-up. There were many, many lots with unpaid taxes in Wonder Lake at the time.