Edward Sevik
Director at Pulaski Savings Bank- Claim this Profile
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Bio
Experience
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Pulaski Savings Bank
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United States
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Banking
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1 - 100 Employee
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Director
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Nov 2017 - Present
Chair the audit and asset/liability committees.
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Independent Consultant
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Jan 2007 - Present
Provide CFO, strategic planning, and internal audit services to companies ranging from $20 million to over $1 billion in assets
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Chief Financial Officer
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Sep 2004 - Dec 2006
Hired as part of a new management team to correct regulatory issues and return the company to profitability. Sold one of the bank’s underperforming branches. Profitability returned within 12 months and the issues were corrected within 15 months. The bank was sold for 2.25 times book value to a bank out of California. The acquiring institution originally offered 1.00 times book value because the bank had issues and was unprofitable.
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President / Chief Executive Officer
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May 2004 - Aug 2004
Engaged to implement procedures and controls to correct regulatory deficiencies identified in accounting, operations, and compliance and return organization to profitability
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Chief Financial Officer
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Dec 2002 - Aug 2004
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Vice President Operations
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Sep 1999 - Dec 2002
Directed three officers and 14 employees from IT, accounting, loan operations and deposit operations. Decreased data processing costs by $75,000 with the implementation of a cold storage system. Assisted with creating and developing a team to sell loans in the secondary market. Identified new branch locations as a member of the Planning Committee.
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Small Business Consultant
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Jun 1998 - Sep 1999
Provide financial and strategic planning to small businesses and individuals.
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Assistant Controller / IT Officer
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Mar 1994 - Aug 1996
Prepare the annual budget, all financial statements, and all government reporting.
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Electronic Data Systems
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United States
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IT Services and IT Consulting
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1 - 100 Employee
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Banking Services
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Oct 1992 - Feb 1994
Acted as the conversion coordinator to convert banks from other data processors.
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Assistant Cashier
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Jan 1991 - Oct 1992
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Personal Banker
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May 1990 - Dec 1990
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Bank Teller
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Dec 1989 - Apr 1990
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Education
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University of Illinois at Urbana-Champaign
Master of Business Administration - MBA, Finance, General -
Illinois State University
Bachelor of Science - BS, Economics