Over the past 44 years of my career at Resource Bank, I have witnessed, and experienced, tremendous change.  Throughout it all, Resource Bank has always stayed true to what we call our “Rock Principles”; Enriching the Lives of Our Customers, Caring for Our Communities, and Believing in the American Dream.  I believe in my heart that so long as we remain committed to these ideals, we will continue to serve an important role in both the lives of our customers and in the area communities we call home.

To ensure that our values continue for many years to come, it will take new generations of dedicated leadership and committed staff.  So, it is with a great sense of pride and with my unqualified support that I have the pleasure of announcing that Diana Shott, in addition to her current role of Chief Executive Officer (CEO), has taken on the additional responsibility as President of Resource Bank.  I am continuing in my role as Executive Chairman of the Board, and will remain on hand to support Diana and all of our dedicated staff to the best of my ability.

Diana, a Genoa native and graduate of NIU, has served with Resource for 35 years.  Starting on her first day, Diana hit the ground running and never looked back.  She willingly took on any challenge offered and gave it her full attention, bringing creative solutions to the table and helping to form the culture that our clients and staff enjoy today.  She was right beside me every step of the way throughout the challenges and successes we experienced as we expanded from one office to fourteen today.  A trusted partner and colleague, Diana’s role and responsibilities developed and increased quickly, becoming Executive Vice President, a member of our Board of Directors, and then CEO of Resource Bank.  Believe me when I tell you that Diana’s imprint is everywhere you look in our bank – from the buildings we work in, to the products and services we offer, to the values we hold as important. 

Yes, Resource Bank is evolving and will continue to evolve over time.  Be assured, however, that our bedrock values will remain unchanged.  By taking this important step, we are planning for the future.  And by planning for the future, we are ensuring our future as your independent, locally-focused, community bank. 

Before closing, I would like to share a story.  Just a few years ago, we met a successful area businessman who immigrated to this country from Germany and recently became an American citizen.  After sharing our history and philosophy of business with him, he said that Resource Bank reminded him of a bank he knew in his home country.  Having been founded nearly 350 years ago, the bank has remained independent with an unbroken tradition of family ownership since 1674.  The reason, he said, is because their principles and values have not changed. They form the heart of their business and this, he said, is why the bank reminded him of Resource.  That was a very proud moment.

We recognize that we owe everything to you, dear loyal customers, knowing that we are only relevant so long as you deem us to be.  We pledge to you that we will continue to do our utmost to earn your trust, and we hope that you will continue to reward us with your business.  Our sincere thanks for your patronage and support as we move forward towards a bright and prosperous future together.

With kindest regards,

Richard Katz
Executive Chairman