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Albank President, Robert Gecht, reflects on the financial crisis of 2008 with the Chicago Tribune in “Ten Years After The Fall”. "’The hardest part of that was to see the suffering of my clients and customers -- people who had done everything right and nothing wrong -- and just see their businesses and their worlds collapse,’ said Gecht, 67, a fixture at the Northwest Side bank since 1981. Founded in 1953, Albany Bank has assets of about $600 million and $91 million in equity. While dozens of Chicago-area banks failed amid the recession and its aftermath, Albany never lost money, Gecht said.” Read more...
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