SEPTEMBER 15, 2021
Vol. V No. 37 Proviso is now where skateboards are made, PAGE 5
vfpress.news
Westchester grapples with pension fund debt
Maywood Fest was a blast, PAGE 2
A veteran salutes the flag during HIllside’s 9/11 commemoration held on Sept. 11 outside of the Hillside Municipal Complex in Hillside. MICHAEL ROMAIN
Representatives with brokerage firm Stifles pitched idea of village taking out a pension fund bond in order to save money By MICHAEL ROMAIN Editor
Westchester village officials are grappling with a challenge that looms for virtually every municipality in Illinois — how to get on track to fully fund its police and fire pensions. State law requires that municipalities bring their public safety pensions up to 90 percent funded by 2040. “That legislation has created a situation where many, many funds across the state are grappling with quickly rising pension costs,” said Tom Reedy — the director of the Illinois Public Finance office for Stifel,
During Hillside 9/11 commemoration, leaders honor first responders — living and dead By MICHAEL ROMAIN Editor
As Rev. Joe Mills prayed during Hillside’s annual 9/11 commemoration, held
See WESTCHESTER BONDS on page 13
Choose an account you can rely on.
‘We must pledge never to forget’
GET
$
300
1
Only $100 required to open.
Saturday morning outside of the Hillside Municipal Complex, 425 N. Hillside Ave., a plane flew overhead. Mills, the pastor of Westchester Community Church, said the engine’s roar was a solemn reminder of just how loudly the Sept. 11, 2001 attacks reverberated in his own life. “This hit home, because my son has been in Iraq,” Mills said. “My future daughterin-law was to be in Afghanistan. So, I have a deep appreciation for what this means.” Hillside’s commemoration was also an opportunity for residents to honor the sac-
rifice of the roughly 3,000 victims, including the first responders, who lost their lives in the immediate aftermath of 9/11 — and in the weeks, months and years since then. “We’re here today to remember not only the roughly 3,000 people who died in the immediate aftermath of the attacks, but we’re also here to remember the now, they believe, almost 4,000 people to date who have died since then of complications from the dust and toxicity,” Mills said. Four-hundred and twelve emergency See 9/11 COMMEMORATION on page 7
WHEN YOU OPEN OUR MOST POPULAR CHECKING ACCOUNT enroll in online banking, activate e-statements, and have at least monthly occurring direct deposits totaling $500 or more for the 2 consecutive calendar months following the month of account opening.2
Stop by our two Proviso Township branches, or make an appointment with a banker today at 708-483-0030.
1759 N. Mannheim Rd. | Stone Park 1111 W. Madison St. | Maywood 708-483-0030 | provisobank.com
Proviso Community Bank is a branch of Hinsdale Bank & Trust Company, N.A. 1. Total Access Checking Bonus Information. This Total Access Checking account bonus offer is valid for new accounts opened January 1, 2021 through December 31, 2021. This Total Access Checking account bonus offer is not available to existing or closed checking account customers of WTFC and its subsidiaries or its active employees. Limit 1 bonus payment per customer, regardless of the number of accounts opened. If you qualify for this Total Access Checking account bonus offer, you are ineligible to receive this Total Access Checking account bonus offer from any other Wintrust Financial Corporation (‘WTFC’) location. If you qualify for any other WTFC savings offer it may be combined with this Total Access Checking account bonus offer. Your new account must be open, in the same product, and have a balance greater than zero to receive the bonus payment. Balance is determined as of the end of each Business Day as the funds currently in your account including deposits and withdrawals made in the Business Day. The $300.00 bonus payment is subject to IRS 1099-INT reporting and may be considered income for tax purposes for the tax year in which the bonus was paid. 2. Total Access Checking Bonus Qualifications. (i) Open a new Total Access Checking account; (ii) tell us you are aware of this Total Access Checking account bonus offer at account opening; (iii) have at least monthly occurring direct deposits totaling $500.00 or more each month made to your new account for 2 consecutive calendar months after the calendar month your new account was opened (‘Qualification Period’). For example, if you open your new account in January, you would need to have “Direct Deposits” made to your new account in February totaling $500 or more and in March totaling $500 or more; and (iv) enroll in online banking and activate e-statements within the Qualification Period. A direct deposit is defined as any payment made by a government agency, employer, or other third-party organization that is made via an electronic deposit. A direct deposit does not include teller/ATM/mobile or remote deposits, wire transfers, online banking/telephone transfers between accounts at WTFC, external transfers from other accounts at other financial institutions or ATM/debit card transfers and deposits. After you have completed all the above bonus qualifications, we will deposit the bonus payment into your new account within 30 calendar days after the Qualification Period. BANKER INSTRUCTIONS: Enter offer code WFC00DMAP300 during account opening.