MIDWEST
PrivateBank and Trust Co. of Chicago has hired Frank C. Schell 3d as a managing director in its Gold Coast office.
Mr. Schell, who has more than 30 years of banking and financial management experience, had been the president and chief executive officer of the Chicago Commons Association, a social services agency, since 2002.
He joined Continental Illinois National Bank and Trust Co. in 1972 and became assistant treasurer of Ford Aerospace and Communications Corp. in 1978. In 1981 he joined First National Bank of Chicago; he stayed on when Bank One Corp. bought it in 1998 and left with senior rank in corporate banking after a career that included postings in London and Sao Paulo.
PrivateBank and Trust is a unit of PrivateBancorp Inc. and has $3.2 billion of assets.
SOUTHEASTPeoples Bancorp. Inc. of Easley, S.C., has made W. Rutledge Galloway its chairman and A.J. Thompson Jr. its vice chairman.
Mr. Galloway is the chief executive officer of Galloway-Bell Inc., an insulation contractor in Easley; Dr. Thompson is an ophthalmologist.
Both have been directors of the $454 million-asset banking company since its formation in 1992 and of one of its three banks, Peoples Bank, since 1986.
Banc Corp. of Birmingham, Ala., has hired A. Fox deFuniak 3d as the Birmingham market president of its $1.38 billion-asset The Bank.He was also made a member of the unit's executive management committee.
Mr. deFuniak was the president and CEO of Trust Co. of Sterne, Agee & Leach Inc. and the CEO of Sterne Agee Asset Management Inc., both of Birmingham. He had worked for Sterne, Agee & Leach Inc. and subsidiaries since 1995.
For decades before that he worked at AmSouth Bank, where he rose to Birmingham market president. A longtime colleague there was C. Stanley Bailey, whom the struggling Banc Corp. brought in as CEO in January.
"Fox deFuniak, whom I have worked with for much of my banking career, is the best-known banker in Birmingham," Mr. Bailey said in the press release announcing the hire. "We are delighted he is joining our Birmingham team of veteran bankers."
WESTAmerican Business Bank of Los Angeles has hired Eric Shapiro as a senior relationship manager and a vice president.
Mr. Shapiro came to the $491 million-asset bank from Manufacturers Bank of Los Angeles, where he managed a $70 million portfolio.
Before that he had been a loan team manager and a senior relationship manager at City National Bank of Los Angeles.
