Steve Korris Nov. 7, 2013, 11:57am

Commerce Bank has directed Bank of Edwardsville to freeze any assets of former St. Clair County clerk Bob Delaney.

Commerce Bank filed a citation to discover assets on Bank of Edwardsville in St. Clair County circuit court on Oct. 29, in pursuit of a judgment worth more than $90,000.

Commerce Bank sued Delaney and wife Janet in 2011, claiming they owed $59,342.97 on a promissory note.

Later that year the bank and the Delaneys filed a consent judgment of $80,101.78 in principal, interest and legal fees.

Last year the bank served a citation to discover assets on Bank of O’Fallon.

A checking account at Bank of O’Fallon showed a negative balance, however, and the Delaneys owed $22,075.84 on loans there, according to the lawsuit.

This June, Commerce Bank served a garnishment notice on the county.

The county would have started deducting $554.42 from Delaney’s pay every two weeks, but he resigned.

According to Commerce Bank’s citation on Bank of Edwardsville, the unsatisfied judgment has grown to $91,245.88.

The Delaneys also face foreclosure on their home at 48 Woodford Way in Collinsville.

JP Morgan Chase Bank sued them in August, claiming they hadn’t made a mortgage payment since April.

The bank calculated their debt at $215,856, with interest accruing at $27.35 a day.


Want to get notified whenever we write about Bank of Edwardsville ?
Next time we write about Bank of Edwardsville, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

Bank of Edwardsville
330 West Vandalia Street
Edwardsville, IL 62025

More News