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Waterloo newspaper owner appointed to Illinois Finance Authority


SPRINGFIELD – Gov. Bruce Rauner has appointed George Obernagel to the Illinois Finance Authority, citing his years of experience as an executive in local banking.

For more than 25 years, Obernagel worked for two community banks in Belleville. He was the vice president, trust officer and farm manager for Union Planters Bank until 2001 and then held the same posts for West Pointe Bank and Trust until 2004. Currently, Obernagel is the owner of his family farm, with locations in Illinois, Arkansas and Nebraska. He also owns the Waterloo Republic Times Newspaper and is a part owner of seven John Deere dealerships.

Obernagel earned his bachelor’s degree from McKendree College. He lives in Waterloo.

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