Northern States Financial Corp. (fka NSFC)

[TRAPPER JIM]

NSFC DD
NSFC went into receivership back when the market crashed just like many other small banks did. They did a 25 mil dollar Form D to raise cash to pay off old debt and give the bank working capital. To start becoming profitable again. NSFC traded at over $20.00 a share before the market crashed.

$25,000,000.00 Form D filed on May 7, 2014 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9969564

August 13, 2014 NorStates Bank Announces Release From Consent Order http://www.marketwired.com/press-release/norstates-bank-announces-release-from-consent-order-otcqb-nsfc-1938181.htm

2015 Quarterly earnings getting larger every quarter.
http://www.marketwired.com/press-release/northern-states-financial-corporation-reports-third-quarter-2015-net-income-514000-otcqb-nsfc-2065895.htm
$180,000 for the first quarter of 2015
$392,000 for the second quarter of 2015
$514,000 for the third quarter of 2015

NSFC opening new branch office in January 2016
The property they sold for 1.4 mil is having a new branch bank built on site and NSFC will be leasing it for 25 yrs.
http://theyoujournal.com/2015/08/new-branch-slated-for-norstates-and-dramatic-change-to-former-site/
The one-story, 2,356-square-foot branch will be a red brick building on a one-acre lot with three drive-up lanes. NorStates used to own five acres at the branch. To liquefy its real estate holdings, it sold four acres to Bluestone Single Tenant Properties, a Chicago developer, which will build the gas station. La Macchia Group of Milwaukee is the developer of the bank branch building on the remaining one acre. NorStates will lease the building back on a 25-year lease. Construction is expected to complete in January, according to Ben La Macchia of the development company.

NSFC HIRING.

http://www.norstatesbank.com/about-us/careers.html
Employment Opportunities
Tellers (Waukegan & Antioch)

Full-Time and Part-Time positions available for professional, customer-oriented team players with a minimum of 6 months of heavy cash handling experience and knowledge of balancing procedures.

Exceptional interpersonal, communication, and sales skills required.

Benefits Package

We offer the following comprehensive benefit package to all eligible employees:

Medical, Dental, and Vision Insurance
Paid Time Off (PTO)
Health Savings Accounts (HSA)
Flexible Spending Accounts (FSA)
Short-Term & Long-Term Disability
Employee Life & AD&D
Dependent Life & AD&D
Free Online/Mobile Banking & Bill-Pay
401K Retirement Savings Plan
Paid Holidays
Safe Deposit Box
Employee Assistance Program

Equal Opportunity / Affirmative Action Employer

NorStates Bank is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, sexual identity, national origin, disability, or protected veteran status.

NSFC has 8 branch offices.
Locations & Hours
http://www.norstatesbank.com/about-us/locations-and-hours.html
No matter where you are in northeastern Illinois, we're bound to be convenient. Our eight locations blanket Lake County so that whether you're home, on the way to work, or out running errands, we're always nearby. For added banking convenience, most of our locations feature drive-up ATMs.

To better serve your needs, we have extended our lobby hours at all of our 8 convenient locations!