Advisors > ESOP Financing > ESOP Banks

Martin Carmody

Name: Martin Carmody
Company: First American Bank
Title: Senior Executive Vice President

p: 847-586-2220
f: 847-586-2220
1650 Louis Avenue
Elk Grove Village, IL 60007
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Marty joined First American bank in 1980 as a management trainee and progressed through the bank serving a number of roles from President of First American Bank of DuPage County to his present role as Senior Executive Vice President, Commercial Lending. He is a member of the board of directors of both First American Bank Corp. and First American Bank, a member of the Executive loan committee and Chairman of the Senior loan committee. He also a member of the Trust and Trust Investment committees.

Marty also sits on the Board of Directors of Coilcraft, Inc. and is a long standing member of the ESOP Association's Finance committee.


Manufacturer, Norwood, NJ: $12,000,000

First American Bank was able to refinance the existing ESOP debt and liquidate the seller notes from the original ESOP financing that h... Read the full case study >

Healthcare Services Provider, New York, NY: $20,000,000

The purpose of this transaction was to finance the purchase of the remaining 52% of the company stock from various shareholders of the compan... Read the full case study >

Manufacturer, Orlando, FL: $7,000,000

This $7,000,000 transaction allowed the ESOP to purchase of 51% of the company's stock from its two owners. The buyout was structured through a term n... Read the full case study >

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