Nicholas “Nick” Dizonno Named Chief Executive Officer of First Bank & Trust Company of Illinois
Nick Dizonno, CEO, First Bank & Trust Company of Illinois | Effective April 20, 2026 • Photo Credit: First Bank & Trust Company of Illinois
PALATINE, Ill., April 28, 2026 (FINANCE INTERVIEWS) — Community bank First Bank & Trust Company of Illinois has announced the appointment of Nicholas “Nick” Dizonno as Chief Executive Officer, effective April 20, 2026.
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Dizonno most recently served as President and Chief Executive Officer of Millennium Bank. During his tenure Millennium Bank grew from approximately $70 million to more than $800 million in assets while maintaining credit performance and consistent earnings.
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“Nick brings the rare combination of credit strength, operational discipline, and forward-looking leadership that aligns directly with FB&T’s strategic direction. Our vision is to be a credit-focused institution with strong, regular-recurring profitability; a bank that leverages technology intelligently; and a bank that is proactive, constructive, and operates with a strong compliance discipline. Nick understands that vision deeply and he knows how to execute it,” said Adrienne Thorson, Chairwoman of the FB&T Board and Chief Executive Officer of AmeriNat.
The company states that its strategic direction includes modernization efforts supported by a strong credit foundation, technology-enabled operations and risk management. Dizonno will lead initiatives to expand national commercial lending channels, enhance scalable systems and broaden customer offerings.
“What stands out about Nick is not just what he has built, but how he has built it — with clarity, judgment, and an instinct for creating long-term value. He is a natural fit for a bank that operates on a nationwide basis, within the broader ecosystem of our independent affiliates. Nick brings genuine enthusiasm for collaboration across the OSP Group, and he understands how coordinated effort across lending, servicing, deposit management, capital strategy, and insurance can unlock meaningful long-term value across the entire platform,” said Jerry O’Brien, FB&T Board Director and Chief Executive Officer of O’Brien-Staley Partners.
“FB&T has a clear mission—consistent profitability, disciplined credit, and the ability to reinvest for long-term growth. I’m honored to join a bank with a 60-year legacy, a talented team, and an ownership group that brings a sophisticated, enterprise-wide perspective. I look forward to working across FB&T and the OSP Group to build an even stronger future,” said Dizonno.
Dizonno holds a Bachelor of Science in Finance from Northern Illinois University and a Juris Doctor from DePaul University College of Law. He is a licensed Illinois attorney and resides in Elmhurst, Illinois.
First Bank & Trust Company of Illinois was established in 1962 and is an FDIC-insured bank headquartered in the Chicago area with national lending operations.
For more information, visit www.firstbankillinois.com.
