Online Banking


Why Our Clients Matter Most

At Pan American Bank & Trust, we find it instrumental to put our clients first. By facilitating the growth of our clients, both on a personal and professional level, we help formulate a plan that works best for each individual.

With a strong banking strategy, we understand that client engagement is at the forefront of our operations. We take the time and energy to invest in our clients and their personal interests, and by doing so, we’re building relationships with the people that make our community bank the great institution that it is.

An exchange with a client should be meaningful and authentic. We pride ourselves on having engaging conversations with our clients and building lasting relationships. At Pan American Bank & Trust, we step out from behind our desks and counters and in front of our clients to ensure that we’re there for them when they need us most.

With so much of our lives conducted online today, it’s nice to know that you can come into your local community bank and actually know the people that you’re working with. And that’s why we’re extremely proud to know our clients and their families by first name.

An organization’s culture is crucial to the success or failure of that organization. That’s why we make a culture of positive client engagement and superior client service top priorities at Pan American Bank & Trust. When we say that our clients matter most, and that we do everything we can to establish strategic relationship building, we mean it. To us, it’s about developing, nurturing and earning rapport with our clients. After all, clients matter.


What You Need to Know About Financing Your Business

As a community minded financial institution, Pan American Bank & Trust specializes in financing a variety of businesses. Whether it’s a commercial real estate loan, line-of-credit, or letter-of-credit, we assist with finding the right funding option for your business needs. Here’s what you need to know about financing your business:

Start right away. It’s important to start the loan process right away, even if it’s before the loan is needed. At Pan American Bank & Trust, we want to start building a relationship with our clients right away to better understand their business, their needs and their goals. It’s important to establish this trusting relationship as soon as possible.

Decide how much your company needs and what the money is for. You’ll want to establish right away how much you’ll need and what specifically the loan will be used for. Whether it’s financing real estate, software or equipment, determine how much you need and where the money will go towards.

Find the right partner. You’ll want to do your research on the different types of lenders and what’s the best fit for you and your business. If you’re looking for a partner that is invested in economic development and the local community, then partnering with Pan American Bank & Trust could be the right option for you.

Starting your own business is an exciting venture. You may need a business loan to get up and running and if so, you’ll want to be educated on the topic. Use these tips to be better prepared when going into the loan application process and ensure you find a partner that can help meet your needs.


Know the Difference: Top 3 Advantages of Banking with a Community Bank
It can be a difficult decision choosing a bank that you can trust, that’s convenient for you and is invested in your best interests. Big mega banks seem to be everywhere, but the truth is that community banks are relevant and thriving, and could be a great match for you. So, what are the advantages of banking with a community bank?

1. Pan American Bank & Trust invests in the community. Local banks, like Pan American Bank & Trust, are built on the idea that community matters. When we invest in our communities, we’re building assets of local small businesses. Which means we’re helping make the local economy and community stronger. Furthermore, Pan American Bank & Trust supports local organizations that make a difference in the community. We’re dedicated to supporting local nonprofit organizations that provide a strong foundation for our communities.

2. Pan American Bank & Trust provides state-of-the-art technology. It’s a common misconception that smaller community banks can’t support and provide the latest technology. But at Pan American Bank & Trust, we offer online banking, mobile banking, bank by phone, and a number of other tools to make banking fast and convenient for you.

3. Getting a small business loan or home loan is easy. We are committed to providing business solutions tailored to the specific needs of our clients, establishing a foundation they can use to focus on success. Additionally, we help finance the future you've always dreamt of. Whether it’s a business loan or mortgage, we’re here to help you.

These are just a few advantages of banking with a community bank over a larger mega bank. What are your favorite reasons to bank locally?


4 Reasons to Switch to Pan American Bank & Trust

Bigger isn’t always better. If you’ve considered switching from a large bank to your community bank, you have your reasons. If you need a few more reasons to switch to a community bank, here they are:

1. Get the personal service you deserve. At Pan American Bank & Trust, we are known for our superior client service compared to larger financial institutions. We take the time to get to know you, what your needs are, and help you reach your goals.

2. Establish a lifelong partnership. A bank shouldn’t just be a place to make financial transactions. It should be a place where you can build a strong relationship, a lifelong partnership, and a trustworthy resource.

3. Reinvest in your community. When you bank with a larger national institution, your money circulates across the entire country. When you bank with your community bank, your money helps support the local economy. Small businesses are the backbone of the nation’s economy, so by reinvesting in your community, you can be assured that your money is staying local.

4. Switching isn’t difficult. Many people think that switching their bank is a hassle. If you’re switching from one mega bank to another, it certainly can be a challenge. But when you switch to a community bank like Pan American Bank & Trust, we’ll ensure it’s hassle-free.

If you’re looking for a more personalized banking experience, switching to a community bank could be the right option for you. You’ll establish a real partnership and relationship that will help you reach your personal and financial goals. Stop worrying about the switch and take action today!


Are You Getting What You Deserve from Your Bank?

Most people begin a relationship with their bank and years or decades go by, and they suddenly realize they’re not getting what they deserve. Here’s what you need to know to determine if your bank is a well-oiled machine, and if you’re getting what you deserve from your bank.

Based on an analysis by Sageworks, a financial information company, “the best-run community banks in the U.S. are mostly small, independently owned banks with fewer than a dozen retail branches and less than $500 million in assets.”

At Pan American Bank & Trust, we’re committed to helping you reach your goals, whether it’s opening a checking or savings account, financing your future through Home Equity Lines of Credit, Home Loans, Auto Loans, Certificates of Deposit Loans, Overdraft Protection Loans, or financing your new business.

A key question to determine if you’re getting the most out of your bank is whether or not your bank facilitates growth. Most banking institutions will call themselves unique, but will do nothing to customize their products and services to fit their clients’ needs. Pan American Bank & Trust creates products tailored specifically to the needs of our clients. It’s part of our ‘relationships first’ business model, and it helps us stay focused on being as efficient and effective as possible.

If you’re unhappy with your current banking partner, make the move to get what you deserve.  Not all financial institutions are well run. If you’re noticing signs of inefficiency at your current bank, contact us today to get the products and services that matter to you.


When it Comes to Banking Locally, Relationships Matter

When it comes to choosing a banking partner, bigger isn’t always better. Trusting an institution with your finances means that relationships are key, and that trust can go a long way. At Pan American Bank & Trust, we value the relationships we’ve worked hard to form with our clients. We’re committed to meeting the needs of our clients and strengthening the valued relationships that we have with them. 

Larger financial institutions don’t always offer better service. In fact, we feel that at Pan American Bank & Trust, we’re able to give the proper attention and focus that our clients deserve. We can also offer coveted financial services that mainstream financial institutions simply cannot offer. Whether it’s a basic checking and savings account with higher rates, or a loan to get your dream business off the ground, our deposit and loan products have lower fees and fewer hassles than those offered by larger institutions. 

At Pan American Bank & Trust, we pride ourselves on quality service. Large banks don’t typically emphasize in-person service, but we invest in doing business person-person, known as relationship banking. We’re here for the average consumer, and we have the resources to help our clients reach their goals. 

When you bank with Pan American Bank & Trust, we have an opportunity to build a collaborative banking relationship, and we’ll make every effort possible to reinvest back into the communities that we proudly serve.

Fostering Community Development:  Bloomingdale to See Significant Job Growth in the Next Decade

Bloomingdale is home to Pan American Bank & Trust's newest office, which is committed to offering our services to local communities while continuing bank growth. Our goal in Bloomingdale is to reinvest in the community and build long-lasting relationships with individuals, businesses and families. Most importantly we will support Bloomingdale in the various ways they strive to LIVE THE DREAM.

That’s why we’re excited to see reports from Sperling’s Best Places that predict future job growth in Bloomingdale over the next ten years to reach 37.69%. Bloomingdale has a population of nearly 22,000 with a central location accessible to major highways. This has spurred commercial, office and retail developments in this community.

Pan American Bank & Trust has chosen Bloomingdale as a partner because it offers a unique experience, exceptional business growth, top-rated schools and expansive recreational opportunities.

Bloomingdale, once a small town community, experienced a growth surge beginning in 1975. Since then, Bloomingdale has continued to surge economically and has attracted new businesses to the area, thereby creating jobs in DuPage County. With a wide and varied retail and commercial base, Bloomingdale is a full-service community that has ample opportunities for continued growth. Pan American Bank & Trust provides relationship based financial services to our clients with the mission of fostering community development and enhancing the economic environment of our local communities.


What is CRA and what are the percentage of banks with Outstanding CRA ratings?

Are you familiar with the Community Reinvestment Act?  If you're not in the banking industry, you may not be.  Enacted by Congress in 1977 and most recently revised in 2005, the Act was created to encourage financial institutions to meet the credit needs of entire communities and not just those at higher economic levels. 

At Pan American Bank & Trust, we pride ourselves on delivering quality service to individuals, families and businesses throughout the communities we serve.  In 2015, we originated 194 loans totaling $90 million in lending, resulting in 864 jobs either created or retained.  As a community bank, giving back ensures the future development and growth of the dreams surrounding our institution.  2016 Impact statistics will be available in the 2nd Quarter of 2017. 

How does a bank get an outstanding CRA rating? 

According to the FDIC, "A financial institution's performance is evaluated in the context of information about the institution (financial condition and business strategies), its community (demographic and economic data), and its competitors."  A bank with an outstanding CRA rating has demonstrated its commitment to its market by redeploying deposits in the form of loans to the community, with excellent dispersion throughout its market area.  A substantial majority of these loans must be in the bank's designated market and demonstrate excellent penetration among individuals of different income levels and businesses of different sizes. 

Currently, Pan American Bank & Trust is one of only 26 banks in Illinois with an outstanding CRA rating.  As a member of this group, we can proudly say that we take pride in the communities and residents we serve.  We believe in building lasting relationships with our customers for the improvement of the community. 

As we move through 2017, we will continue to serve you and the local economy for the better, promoting deep and lasting relationships that foster not only success of the individual, but also the community as a whole.


Young Entrepreneurs: Access the Funding You Need to Grow Your Business

When starting a business as a young entrepreneur, one of the first challenges you’ll face is accessing the funding needed to grow your business. You’ve worked hard to get your business up and running, but now that you’re in the growing phase, how do you find a committed partner to provide business solutions tailored to your specific needs? Pan American Bank & Trust can help you finance your business and focus on long-term success in the following ways:

Commercial Real Estate Loans
As a community minded financial institution, Pan American Bank & Trust specializes in financing a variety of commercial real estate projects. Commercial real estate loans can be short or long term, and can be used to buy property for your business operations.

Commercial Real Estate Lines-of-Credit
Commercial real estate lines-of-credit are for business owners or real estate investors interested in leveraging the equity in commercial property. Our Line-of-Credit loans have interest-only monthly payments, and the advance rates on these loans are collateral dependent.

Commercial Letters-of-Credit
Making financial transactions is a core responsibility of an entrepreneur. That’s why Pan American Bank & Trust walks you through the complexities of the global market and helps you understand how letters-of-credit work. We issue collateral secured letters-of-credit that ensure buyers get what they paid for and sellers get paid. Letters-of-Credit may be issued for a total up to 100% of the amount of the collateral.

Growing your business is a challenge that almost every entrepreneur faces. It’s crucial to find a trusted partner like Pan American Bank & Trust that is committed to finding new ways to fund the growth of your business. Interested in talking to someone about how to receive financing for your business? Call or visit one of our offices today and ask about how we can help your business grow.

A New Year Message to Our Clients

With the start of a New Year, it’s an important time to reflect on the accomplishments of the past year and our areas of focus for 2017. But instead of highlighting our events and accomplishments in the past year—and there were several—we’d like to take the opportunity to highlight the important people that make Pan American Bank & Trust the great relationship focused institution that it is.

Pan American Bank & Trust has supported our communities in a multitude of ways throughout 2016, and will continue to make strong relationships with our clients and colleagues the main focus for the New Year. We like to say that the true success of Pan American Bank & Trust is based upon the great people who serve it on a daily basis—our colleagues and our clients.

To our clients, colleagues, neighbors and friends, this new year message is for you. You help make Pan American Bank & Trust a Community Development Financial Institution that focuses on delivering quality service to individuals, families and businesses, enhancing the economic environment of the communities we serve. Your daily efforts make all of this possible.

The true sense of community is a group of people with common interests, ideas and goals coming together to support one another. The success of our business is built on the idea of relationships. And the higher the quality of relationships that we develop, the more support we can provide to worthy local causes.

What we have accomplished in 2016 couldn’t be done alone, and we know that in the New Year, the efforts of our colleagues and our clients that we serve will play a major role in our success. From all of us at Pan American Bank & Trust, thank you for your continued support. We ask you to pass this New Year’s message along to your family and friends encouraging them to bank local, as well.

As we turn the calendar to 2017, our optimism for hope and prosperity continues to flourish. And that sense of hope stems from our exceptional colleagues and clients, whom we promise to continue to serve in the New Year.

Nicholas S. Giuliano                                          Frank C. Cerrone
 Chairman & Co-CEO                                         President & Co-CEO

Navigating the Financial Landscape as a Young Professional

As a young professional, one of many challenges you’ll face is navigating through the financial landscape of your career and financially preparing for your future. It’s important to work smart early on in your career and learn as much as you can about saving for the future, investing, and establishing your path to financial freedom. Here are just a few ways that Pan American Bank & Trust can advise you to properly navigate through the financial landscape as a young professional:

Pan American Bank & Trust can help you establish relationships.
One advantage of being a young professional is networking within your local community. When you partner with a relationship-focused bank, you will have several opportunities to meet other like-minded individuals looking to reach the same financial goals as you. We will support the growth of local businesses and help individuals reach their financial goals, and can help young professionals make a positive impact in our community.

Opportunities to save and invest for your future.
Pan American Bank & Trust’s new Relationship Savings™ can help you save more with a higher interest rate. It offers free online banking, free mobile banking, free bank by phone, and no minimum balance fee. We also offer convenient and flexible savings accounts, savings accounts for your child’s future, certificates of deposit, and individual retirement accounts.

Getting the financing you need to achieve your financial goals.
Whether it’s a Home Equity Line of Credit (allowing you to borrow against the equity of your home), a home loan, certificate of deposit loan, or overdraft protection. Pan American Bank & Trust can assist you to get the financing you need to reach your financial goals.

As a young professional, there’s a lot to consider when planning your financial future. When you partner with a relationship-focused bank you become an integral part of your local economy, and receive the financial guidance and capital that you need. Ready to learn more about navigating the financial landscape as a young professional?

How We Live The Dream Every Day

At Pan American Bank & Trust, we live by one important principle: RELATIONSHIPS. We are committed to strengthening and enhancing every relationship we have with our clients, communities and our colleagues, and by doing so, we’re able to live out our dream. Every day we make a direct effort to build relationships and help our clients succeed in the following ways:

Become a trusted partner
When our clients view us as a trusted, community minded, local bank, we feel like we’ve taken the first step in building a strong relationship. We are committed to offering our clients and communities an efficient, personal touch customer service experience.

Help companies and the local community flourish
Whether you’re looking to open a personal checking account or get financing for your business, our dedicated staff ensures you have what you need to grow and flourish.

Offer personalized service
Many of our clients have been banking with us for several years, and that’s largely because we focus on a personalized service approach that can’t be found anywhere else.

Be a reliable leader within the community
We pride ourselves on being a reliable neighbor and a leader within the community that is dedicated to helping others. Whether it’s working with a municipality, a small business owner or an individual, we give our clients the necessary resources to live their dream and execute their goals.

We’re fortunate to live out our dream every day through our relationship-focused approach. Because we work with business owners, members of the community, villages, individuals and families, we’re able to set our clients up for success. When our clients live their dream, we live ours.

Why Partner with a Community Bank as a Small Business Owner?

If you're in the process of starting your own business, then you're beginning an exciting journey, one that comes with plenty of financial responsibilities.  One of the first steps you will take is establishing where you'll bank.  Whether you're seeking financial advice, applying for a loan or simply opening a business account, a community bank has several advantages over larger financial institutions.

1. You can establish long-lasting relationships
A community institution gets to know their clients—their financial needs, their loan history
and their goals better than larger institutions. At a community bank, you’ll likely work directly with a single point of contact, such as a Relationship Executive at Pan American Bank & Trust, and you’ll receive a more personal small business banking experience as a result. Having a single point of contact makes banking easier and more personal for you.

2. You can support your local economy
As a small business owner, your local economy matters. By banking at a local institution, you’re feeding your money into the local market, which benefits your business and the other businesses in your local economy.

3. You know where you’re money is (and who’s handling it)
When you bank with a community bank, you’re keeping your money local. You’ve worked hard for the money that’s in your small business banking account, and you deserve to know exactly where your money is and the personnel that handle it. You can have a peace of mind and feel safer knowing that your hard-earned cash sits with a respected and trusted local bank.

When you start a small business, the decision of where to bank is a major one. Banking with a local community bank can provide you with opportunities like building relationships within your community, supporting your local economy and building a broader network of professionals. Be sure to ask your bank about their Community Reinvestment Act (CRA) rating. Pan American Bank & Trust has an outstanding CRA rating, which means we’re obligated and committed to help meet the credit needs of our local community.

Do you own a small business and have questions about how to get started with a relationship, community bank like Pan American Bank & Trust? Please call us or visit one of our offices today and ask about how we can can help simplify your business.

What Defines a Community Bank?

You’re new to town and faced with an immensely important decision: bank with a commercial bank or bank with a community, relationship bank that will know you by name each time you visit. Or perhaps you’ve been banking with a commercial bank for years, and you know very little about what defines a community bank. What should you know about a community bank, and how could choosing to bank with one benefit you?

Here’s how:

You get to help grow your local economy and community
A community bank typically distributes a large portion of their resources to small businesses, which create the majority of new jobs in the US. Small businesses rely heavily on financing from locally-owned community banks, so to a large degree, when you bank with a community bank, you’re helping grow your local economy. Ask your bank what their CRA (Community Reinvestment Act) rating is.

Local decision making
Loan approvals, community issues and policies, and face-to-face interaction with customers are all important pieces of a community bank. These crucial decisions are made by local members of the community that understand the needs of the people that make up the community.

A network of support
Community banks provide economic and social value for their customers, whether they’re individuals of the community or a local small business. When you bank at a community bank, you not only get to know the employees, senior management, and owners of the bank on a personal level, but you also join a network of professionals and like-minded people to help you reach your goals. A community bank is not fee driven. They are interested in developing long term win-win relationships.

When faced with decision of which bank to choose, you may ask yourself, what defines a community bank? If you’re looking for a partner who understands your business and personal goals, and someone that can help facilitate your growth, then you’ve found your answer.

How can Condo Associations finance capital projects?

Financing capital projects may seem like a challenge for condominium associations, one that delays capital improvements. Tighter budgets and ongoing building improvements are issues facing property managers and condominium associations every day. As the president or board member of your condo association, you’d like to conserve your reserve funds, improve and insure your property and make repairs that are not covered by insurance. But where do you begin to finance these capital projects? How can you ensure that you can deliver a key capital project that will improve the property values in your community?

Your association could most efficiently be served by financing the capital improvement with a condo association loan, like Pan American Bank & Trust’s Relationship Lending for Condo Associations™. Look for an advisory-based financial solution that is built not only for you, but with you, and can be used for common area repairs and capital improvements to your property.

Condominium Association Lending typically requires detailed information about the proposed improvement project as well as the project management and approval processes, so we’ll work with you to ensure that you have this information during the application process. As a condominium association or management company, it’s helpful to focus on the details of the project plan throughout the loan application process.

When you finance your capital projects through an advisory-based financial solution, you’re securing a loan commitment that can be used to fund immediate repairs or conserve your reserve funds. This type of commitment is an investment to your condominium community. Pan American Bank & Trust is committed to delivering outstanding service along with providing the advisory-based service to help condominium associations meet their needs quickly and easily.