Cornerstone hires new vice president

Cornerstone National Bank & Trust Company said that Larry Gillie has joined the company as vice president-treasury management.

"We are delighted to have Larry join our commercial banking team and the Cornerstone family" said President Jeffrey T. Boundy. "Larry's in-depth experience and expertise in treasury management will support our strategic commitment in providing optimal financial solutions for our business clients."

Gillie has more than 23 years of experience in banking and has held a wide variety of positions in treasury management including sales, support and product management. He is a graduate of Indiana University, Kelley School of Business and holds B.A. degrees in Computer Information Systems and Operations Management.

Cornerstone National Bank & Trust Company is based in Palatine and has offices in Crystal Lake, Lake Zurich and Naperville. The bank's core services include commercial lending, consumer and mortgage lending, business and personal banking and wealth management. The bank has assets in excess of $550 million and its Wealth Management Division manages assets in excess of $725 million.